Archive for September 2015

Disclosure of the acquisition and disposal of securities

DISCLOSURE OF THE ACQUISITION AND DISPOSAL OF SECURITIES

In accordance with section 122 (3)(b) of the Companies Act No. 71 of 2008, as amended, and section 3.83(b) of the Listings Requirements of the JSE Limited, shareholders are hereby advised that the Company has been notified of the following movements in securities of the Company:

Newdel Holdings Limited (“Newdel”) has, in aggregate, acquired an interest in the securities of the Company, such that the total interest in the securities of the Company held by Newdel amounts to 7.42% of the total issued share capital of the Company.

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Installation of steam facilities and the drilling of up to five additional wells – Lagia Oil Field

SACOIL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1993/000460/06) JSE Share Code: SCL AIM Share Code: SAC ISIN: ZAE000127460 (“SacOil” or “the Company”) Installation of steam facilities and the drilling of up to five additional wells – Lagia Oil Field SacOil Holdings Limited, through its subsidiary Mena International Petroleum Company Limited…

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McKinsey Report: Gas projects vital to African growth. South Africa could install up to 20GW of gas-fired power plants by 2030.

McKinsey Global Institute released its latest country-level report on South Africa today. The report, titled “South Africa’s Big Five: Bold priorities to unleash inclusive growth” drew expertise from leaders and experts across government, business, and academia. The report highlights Natural Gas supply and its supporting infrastructure as both a growth opportunity and prerequisite for Southern…

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No change statement and Notice of AGM

NO CHANGE STATEMENT

Shareholders are hereby advised that SacOil’s annual report, containing the audited summarised group financial statements for the year ended 28 February 2015, was dispatched to shareholders yesterday, 31 August 2015, and contains no modifications to the audited results which were announced on SENS on 21 May 2015. The annual report is also available at www.sacoilholdings.com.

NOTICE OF ANNUAL GENERAL MEETING

Notice is hereby given that the annual general meeting of SacOil will be held at 1st Floor, 12 Culross Road, Bryanston, on Thursday, 1 October 2015 at 10h00 to transact the business as set out in the notice of the annual general meeting on pages 139 to 144 of the annual report.

The date on which shareholders must be recorded as such in the share register to be eligible to vote at the annual general meeting is Thursday, 17 September 2015, with the last day to trade being Friday, 25 September 2015.

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