Sarine Technologies Ltd.

Notice of Dividend Amount • Feb 27, 2022

Issuer & Securities

Issuer/ Manager

SARINE TECHNOLOGIES LTD. REPL::CASH DIVIDEND/ DISTRIBUTION::MANDATORY

Security

SARINE TECHNOLOGIES LTD - IL0010927254 - U77

Announcement Details

Announcement Title

Mandatory Cash Dividend/ Distribution

Date &Time of Broadcast

27-Feb-2022 23:12:36

Status

Replacement

Corporate Action Reference

SG220227DVCAW9L3

Submitted By (Co./ Ind. Name)

Amir J.Zolty

Designation

Company Secretary

Dividend/ Distribution Number

Not Applicable

Dividend/ Distribution Type Final

Financial Year End 31/12/2021

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

Event Narrative

Narrative Type	Narrative Text
Additional Text	On its meeting of 27 February 2022 the Board of Directors of Sarine Technologies Ltd. (the "Company") has recommended that the Annual General Meeting of the Company (scheduled to be held on 26 April 2022) the Company's shareholders shall resolve to distribute a cash dividend of US\$ 0.01 per share.

Event Dates

Record Date and Time 09/05/2022 17:00:00
Ex Date 06/05/2022
Dividend Details
Payment Type Payment Rate in Gross
Taxable Yes
Tax Rate (%) 20
Gross Rate (Per Share) USD 0.01
Net Rate (Per Share) USD 0.008
Pay Date 19/05/2022
Gross Rate Status Actual Rate
Country of Income Israel
Related Announcements
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27/02/2022 23:08:35

Applicable for REITs/ Business Trusts/ Stapled Securities