REPL::Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
SARINE TECHNOLOGIES LTD.
Security
SARINE TECHNOLOGIES LTD - IL0010927254 - U77

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
27-Feb-2022 23:12:36
Status
Replacement
Corporate Action Reference
SG220227DVCAW9L3
Submitted By (Co./ Ind. Name)
Amir J.Zolty
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Type
Final
Financial Year End
31/12/2021
Declared Dividend/ Distribution Rate (Per Share/ Unit)
USD 0.01

Event Narrative

Narrative Type
Narrative Text
Additional TextOn its meeting of 27 February 2022 the Board of Directors of Sarine Technologies Ltd. (the "Company") has recommended that the Annual General Meeting of the Company (scheduled to be held on 26 April 2022) the Company's shareholders shall resolve to distribute a cash dividend of US$ 0.01 per share.

Event Dates

Record Date and Time
09/05/2022 17:00:00
Ex Date
06/05/2022

Dividend Details

Payment Type
Payment Rate in Gross
Taxable
Yes
Tax Rate (%)
20
Gross Rate (Per Share)
USD 0.01
Net Rate (Per Share)
USD 0.008
Pay Date
19/05/2022
Gross Rate Status
Actual Rate
Country of Income
Israel

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Applicable for REITs/ Business Trusts/ Stapled Securities