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Sarine Technologies Ltd.

Transaction in Own Shares Nov 28, 2023

7033_rns_2023-11-28_e0073405-8146-4cdd-8b76-2f41ad871c38.pdf

Transaction in Own Shares

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REPL::SHARE BUY BACK - DAILY SHARE BUY-BACK NOTICE::DAILY SHARE BUY-BACK NOTICE 17 NOVEMBER 2023

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

27-Nov-2023 00:54:57

Status

Replacement

Announcement Sub Title

Daily Share Buy-Back Notice 17 November 2023

Announcement Reference SG231119OTHREA1I

Submitted By (Co./ Ind. Name)

Amir J. Zolty

Designation

Company Secretary

Effective Date and Time of the event 17/11/2023 17:00:00

Description (Please provide a detailed description of the event in the box below)

Please note that Sarine Technologies Ltd. bought back 75,000 shares on Friday, 17 November 2023.

The Cumulative No. of shares purchased to date was slightly adjusted (by 400 shares) on 26 November 2023.

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
17/11/2023 17/11/2023
Total
Number
of
shares
purchased
75,000 0
Number
of
shares
cancelled
0 0
Number
of
shares
held
as
treasury
shares
75,000 0

Highest/ Lowest price per share

Highest Price
per
share
SGD
0.28924
ILS
0
Lowest Price
per
share
SGD
0.285
ILS
0
Total
Consideration
(including
stamp
duties,
clearing
changes
etc)
paid
or
payable
for
the
shares
SGD
21,751.51
ILS
0

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 Acquisition
1,174,400 0.34
By
way
off
Market Acquisition
on
equal
access
scheme
0 0
Total 1,174,400 0.34

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 348,071,335

Number of treasury shares held after purchase

8,741,000

Related Announcements

Related Announcements

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