Share Buy Back - Daily Share Buy-Back Notice::Share Buy Back - Daily Share Buy-Back Notice - 14 June 2018

Issuer & Securities

Issuer/ Manager
SARINE TECHNOLOGIES LTD.
Securities
SARINE TECHNOLOGIES LTD - IL0010927254 - U77
Stapled Security
No

Announcement Details

Announcement Title
Share Buy Back - Daily Share Buy-Back Notice
Date &Time of Broadcast
14-Jun-2018 20:24:52
Status
New
Announcement Sub Title
Share Buy Back - Daily Share Buy-Back Notice - 14 June 2018
Announcement Reference
SG180614OTHRWVDP
Submitted By (Co./ Ind. Name)
Amir J. Zolty
Designation
Company Secretary
Effective Date and Time of the event
14/06/2018 17:00:00
Description (Please provide a detailed description of the event in the box below)
Daily share buy-back by way of market acqiosotion

Additional Details

Start date for mandate of daily share buy-back
24/04/2018

Section A

Maximum number of shares authorised for purchase
35,134,212
Purchase made by way of market acquisition
Yes
Singapore Exchange
Overseas Exchange
Date of Purchase14/06/2018
Total Number of shares purchased50,000
Number of shares cancelled0
Number of shares held as treasury shares50,000
Price Paid per share
Price Paid per shareSGD 0.9
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the sharesSGD 45,103.5

Section B

Purchase made by way of off-market acquisition on equal access scheme
No

Section C

Cumulative No. of shares purchased to date^
Number
Percentage#
By way of Market Acquisition455,0000.1296
By way off Market Acquisition on equal access scheme00
Total455,0000.1296
#Percentage of company's issued shares excluding treasury shares as at the date of the share buy-back resolution
^From the date on which share buy-back mandate is obtained

Section D

Number of issued shares excluding treasury shares after purchase
350,887,126
Number of treasury shares held after purchase
2,735,000