Share Buy Back - Daily Share Buy-Back Notice::Daily Share Buy-Back Notice 4 April 2024
Effective Date and Time of the event
04/04/2024 17:00:00
Description (Please provide a detailed description of the event in the box below)
Please note that Sarine Technologies Ltd. bought back 45,300 shares on 4 April 2024.
Please note also that the Company issued 24,120 shares as of 3 April 2024 (as a result of exercise of options - and hence the change in the issued share capital - compared to our previous announcement)
Additional Details
Start date for mandate of daily share buy-back24/04/2023
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
Share Buy Back - Daily Share Buy-Back Notice::Daily Share Buy-Back Notice 4 April 2024
0
Total Consideration (including stamp duties, clearing changes etc) paid or payable for
SGD
ILS
the shares
11,830.09
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
1,823,300
0.53
By way off Market Acquisition on equal access scheme
3,999,874
1.16
Total
5,823,174
1.69
#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
Sarine Technologies Ltd. published this content on
07 April 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
07 April 2024 14:53:02 UTC.
Sarine Technologies Limited is an Israel-based Company engaged in developing, manufacturing, marketing and selling precision technology products for processing of diamonds and gemstones. The Company's products provide solutions for every stage of rough diamond manufacturing process from geometrical modelling and internal inclusion mapping of the rough stone, through determining the derivable polished gems, based on true dollar value, through laser cutting and shaping. The Company's DiaMension family of products, including the DiaMension HD (high definition), are used in gemological institutes for the qualification and grading of a polished diamond's proportions. The Company's product portfolio includes Diamobile XXL, Galaxy Tension Solaris 100, Diascan S+, Diascan S+(Rough), Galaxy XL, Galaxy Meteorite, Instructror, Diamension Axiom, Diamension HD, Diamark, HD among others. The Company's systems assist the manufacturer to cut and polish the rough stones.