Transaction in Own Shares • Mar 21, 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
20-Mar-2024 22:27:20
Status
Replacement
Announcement Sub Title
Daily Share Buy-Back Notice 15 March 24
Announcement Reference
SG240318OTHRPREW
Submitted By (Co./ Ind. Name)
Amir J. Zolty
Designation
Company Secretary
Effective Date and Time of the event 15/03/2024 17:00:00
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 March 2024.
A clerical error (addition of 200 shares to the number of treasury shares held after the purchase) was made on 20 March 2024.
Additional Details
Start date for mandate of daily share buy-back
24/04/2023
Section A
Name of Overseas exchange where company has dual listing
Tel Aviv Stock Exchange
Maximum number of shares authorised for purchase 17,446,614
Purchase made by way of market acquisition
Yes
| Singapore Exchange |
Overseas Exchange |
|
|---|---|---|
| Date of Purchase |
15/03/2024 | 15/03/2024 |
| Total Number of shares purchased |
50,000 | 0 |
| Number of shares cancelled |
0 | 0 |
| Number of shares held as treasury shares |
50,000 | 0 |
Highest/ Lowest price per share
Highest Price per share SGD 0.255 ILS
| SGD 0.255 | ા ટે |
|---|---|
3/20/24, 6:58 PM REPL::Share Buy Back - Daily Share Buy-Back Notice::Daily Share Buy-Back Notice 15 March 24
| 0 | ||
|---|---|---|
| Lowest Price per share |
SGD 0.265 |
ILS 0 |
| Total Consideration (including stamp duties, clearing changes etc) paid or payable for the shares |
SGD 13,030.73 |
ILS 0 |
Purchase made by way of off-market acquisition on equal access scheme
| Cumulative No. of shares purchased to date^ |
Number | Percentage# |
|---|---|---|
| By way of Market Acquisition |
1,689,300 | 0.49 |
| By way off Market Acquisition on equal access scheme |
3,999,874 | 1.16 |
| Total | 5,689,174 | 1.65 |
^From the date on which share buy-back mandate is obtained
Section D
Number of issued shares excluding treasury shares after purchase 343,556,561
Number of treasury shares held after purchase
13,255,774
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