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Sarine Technologies Ltd. — Remuneration Information 2021
Aug 12, 2021
7033_rns_2021-08-12_49943118-12a1-41a0-a7a8-c072d0880e4c.pdf
Remuneration Information
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EMPLOYEE STOCK OPTION/ SHARE SCHEME::DISCLOSURE IN COMPLIANCE WITH RULE 704 (29) - GRANT OF EMPLOYEE STOCK OPTIONS
Issuer & Securities
Issuer/ Manager
SARINE TECHNOLOGIES LTD.
Securities
SARINE TECHNOLOGIES LTD - IL0010927254 - U77
Stapled Security
No
Announcement Details
Announcement Title Employee Stock Option/ Share Scheme
Date &Time of Broadcast
12-Aug-2021 23:51:17
Status
New
Announcement Sub Title
Disclosure in compliance with Rule 704 (29) - Grant of Employee Stock Options
Announcement Reference SG210812OTHR7ESU
Submitted By (Co./ Ind. Name) Amir J. Zolty
Designation Company Secretary
Effective Date and Time of the event 12/08/2021 17:00:00
Description (Please provide a detailed description of the event in the box below)
Please see the attached announcement.
Attachments
Issuance_ of\_Options\_12082021.pdf
Total size =97K MB
SARINE TECHNOLOGIES LTD
(Israel Registration No. 51 1332207)
Disclosure In Compliance With Rule 704(29) - Grant of Employee Share Options
Sarine Technologies Ltd. (the "Company") hereby discloses in accordance with Rule 704(29) the details of the grant of employee share options as follows:
| 1. | Date of grant | 12 August 2021 |
|---|---|---|
| 2. | Exercise price of options granted | S\$ 0.794 |
| 3. | Number of options granted | 170,000 |
| 4. | Market price of its securities on the date of grant |
S\$ 0.76 |
| 5. | Number of options granted to directors and controlling shareholders (and their associates), if any |
--- |
| 6. | Validity period of the options | 12 August 2021 – 11 August 2027 |
By Order of the Board
Sarine Technologies Ltd.
Submitted by Amir Jacob Zolty, Company Secretary, on 12.8.2021 to the SGX