Transaction in Own Shares • Apr 15, 2024
Transaction in Own Shares
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Issuer & Securities
Issuer/ Manager
SARINE TECHNOLOGIES LTD.
SARINE TECHNOLOGIES LTD - IL0010927254 - U77
Stapled Security
No
Announcement Details
Announcement Title
Share Buy Back - Daily Share Buy-Back Notice
Date &Time of Broadcast
15-Apr-2024 23:31:09
Status
New
Announcement Sub Title
Daily Share Buy-Back Notice 15 April 2024
Announcement Reference
SG240415OTHRE611
Submitted By (Co./ Ind. Name)
Amir J. Zolty
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please note that Sarine Technologies Ltd. bought back 50,000 shares on 15 April 2024.
Start date for mandate of daily share buy-back 24/04/2023
Section A
Name of Overseas exchange where company has dual listing
Maximum number of shares authorised for purchase
17,446,614
Purchase made by way of market acquisition
| Singapore Exchange |
Overseas Exchange |
|
|---|---|---|
| Date of Purchase |
15/04/2024 | 15/04/2024 |
| Total Number of shares purchased |
50,000 | 0 |
| Number of shares cancelled |
0 | 0 |
| Number of shares held as treasury shares |
50,000 | 0 |
Price Paid per share
| Price Paid per share |
SGD 0.26 |
ILS 0 |
|---|---|---|
| Total Consideration (including stamp duties, clearing changes etc) paid or payable for the shares |
SGD 13,054.9 |
ILS 0 |
|---|---|---|
| Section B |
Purchase made by way of off-market acquisition on equal access scheme
No
| Cumulative No. of shares purchased to date^ |
Number | Percentage# |
|---|---|---|
| By way of Market Acquisition |
1,873,300 | 0.55 |
| By way off Market Acquisition on equal access scheme |
3,999,874 | 1.16 |
| Total | 5,873,174 | 1.71 |
^From the date on which share buy-back mandate is obtained
Section D
Number of issued shares excluding treasury shares after purchase 343,406,681
Number of treasury shares held after purchase
13,429,774
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