Sarine Technologies Ltd.

Notice of Dividend Amount • May 1, 2023

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

30-Apr-2023 22:17:35

Status

Replacement

Corporate Action Reference

SG230226DVCA5FTD

Submitted By (Co./ Ind. Name)

Amir J. Zolty

Designation

Company Secretary

Dividend/ Distribution Number

Not Applicable

Dividend/ Distribution Type

Final

Financial Year End 31/12/2022

Declared Dividend/ Distribution Rate (Per Share/ Unit) USD 0.01

Event Narrative

Narrative Type	Narrative Text
Additional Text	On its meeting of 26 February 2023, the Board of Directors of Sarine Technologies Ltd. (the "Company") has recommended that the Annual General Meeting of the Company

4/30/23, 6:23 PM REPL::Cash Dividend/ Distribution::Mandatory

(scheduled to be held on 24 April 2023) the Company's shareholders shall resolve to distribute a cash dividend of US\$ 0.01 (before tax) per share.

Event Dates

Record Date and Time

02/05/2023 17:00:00

Ex Date

28/04/2023

Dividend Details

Payment Type

Payment Rate in Gross

Taxable

Yes

Tax Rate (%)

20

Gross Rate (Per Share) SGD 0.01334

Net Rate (Per Share) SGD 0.010672

Pay Date

12/05/2023

Currency Pair

USD/SGD

Issuer Declared Exchange Rate 1.334

Gross Rate Status

Actual Rate

Country of Income

Israel

Related Announcements

Related Announcements

26/02/2023 23:14:01

26/02/2023 23:08:21

Applicable for REITs/ Business Trusts/ Stapled Securities