Share Buy Back - Daily Share Buy-Back Notice::Daily Share Buy Back Notice 14 May 2020

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-May-2020 20:15:19
Status
New
Announcement Sub Title
Daily Share Buy Back Notice 14 May 2020
Announcement Reference
SG200514OTHRJQUM
Submitted By (Co./ Ind. Name)
Amir J. Zolty
Designation
Company Secretary
Effective Date and Time of the event
14/05/2020 17:00:00
Description (Please provide a detailed description of the event in the box below)
Daily share buy back by way of market acquisition

Additional Details

Start date for mandate of daily share buy-back
30/04/2019

Section A

Maximum number of shares authorised for purchase
35,059,572
Purchase made by way of market acquisition
Yes
Singapore Exchange
Overseas Exchange
Date of Purchase14/05/2020
Total Number of shares purchased100,000
Number of shares cancelled0
Number of shares held as treasury shares100,000
Price Paid per share
Price Paid per shareSGD 0.24
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the sharesSGD 24,056.29

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 Acquisition763,8000.1922
By way off Market Acquisition on equal access scheme00
Total763,8000.1922
#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
349,811,926
Number of treasury shares held after purchase
3,839,800