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 | 19 April 2016 |
2. | Exercise price of options granted | S$1.692 |
3. | Number of options granted | 3,840,000 |
4. | Market price of its securities on the date of grant | S$1.71 |
5. | Number of options granted to directors and controlling shareholders (and their associates), if any | 3,650,000 |
6. | Validity period of the options | 19 April 2016 - 18 May 2022 |
By Order of the Board Sarine Technologies Ltd.
Submitted by Amir Jacob Zolty, Company Secretary, on 19.4.2016 to the SGX
Sarine Technologies Ltd. issued this content on 19 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 19 April 2016 12:59:05 UTC
Original Document: http://sarin.listedcompany.com/newsroom/20160419_205353_U77_PG3FI04DYEG5FYTK.1.pdf