SacOil continues the process of expanding and strengthening its core Management Team

By editor | 27/06/2011 | Comments Off on SacOil continues the process of expanding and strengthening its core Management Team

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”) SacOil continues the process of expanding and strengthening its core Management Team Appointment of Jan Maier as Chief Operating Officer Appointment of Bradley Cerff as Vice President…

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Corporate Update

By editor | 08/06/2011 | Comments Off on Corporate Update

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”) Corporate Update Confirmation of total number of shares in issue – 684 million in total as of today Competent Person`s Report (“CPR”) valuations of SacOil`s oil and…

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Appointment of UK Joint Broker

By editor | 25/05/2011 | Comments Off on Appointment of UK Joint Broker

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”) Appointment of UK Joint Broker SacOil is pleased to announce the appointment of Shore Capital Stockbrokers Limited (“Shore Capital”) as the Company`s joint broker in the UK…

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Corporate Update

By editor | 23/05/2011 | Comments Off on Corporate Update

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”) Corporate Update SacOil Holdings Limited, the independent Pan-African upstream oil and gas company, listed on both the JSE Limited (“JSE”) and the AIM market of the London…

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Dealings in Securities

By editor | 11/05/2011 | Comments Off on Dealings in Securities

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”) Dealings in Securities In compliance with paragraphs 3.63 to 3.65 of the Listings Requirements of the JSE Limited (“JSE”), and pursuant to the admission of SacOil to…

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Appointment of new Directors

By editor | 11/04/2011 | Comments Off on Appointment of new Directors

SACOIL HOLDINGS LIMITED (Formerly SA Mineral Resources Corporation Limited) (Incorporated in the Republic of South Africa) (Registration number 1993/000460/06) Share code: SCL and ISIN: ZAE000127460 (“SacOil”) Appointment of new Directors The board of directors of SacOil Holdings Limited (“the Board”) is pleased to announce the appointment of, Mr John William Sharp Bentley and Mr James…

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SacOil completes satisfaction of conditions precedent for transaction with Total E&P RDC and Results of General Meeting

By editor | 31/03/2011 | Comments Off on SacOil completes satisfaction of conditions precedent for transaction with Total E&P RDC and Results of General Meeting

SACOIL HOLDINGS LIMITED (Formerly SA Mineral Resources Corporation Limited) (Incorporated in the Republic of South Africa) (Registration number 1993/000460/06) Share code: SCL and ISIN: ZAE000127460 (“SacOil”) SacOil completes satisfaction of conditions precedent for transaction with Total E&P RDC (“Total”) and Results of General Meeting Further to previous announcements, the last of which was made on…

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Circular to Shareholders

By editor | 16/03/2011 | Comments Off on Circular to Shareholders

Circular to SacOil Shareholders regarding:

  • the proposed transfer by Semliki, a 50 per cent subsidiary of SacOil, of the Block 3 Interest to Total;
  • the proposed specific issue of SacOil Ordinary Shares to the executive directors of SacOil in the event that the Bonuses are settled in whole or in part through the issue of SacOil Ordinary Shares;
  • the proposed specific issue of SacOil Ordinary Shares to Renaissance, in the event of Renaissance electing to convert any amount repaid by SacOil under the Facility into SacOil Ordinary Shares;
  • the proposed specific issue of 796 577 SacOil Ordinary Shares at an issue price of R2.16 per SacOil Ordinary Share to Renaissance in part settlement of the fee due to Renaissance for advisory services rendered in respect of the Transfer;
  • the proposed grant of Call Options to Renaissance in terms of the Call Option Confirmations, which grant shall constitute a specific issue of options for cash by SacOil; and
  • the approval of the Encha Memorandum of Agreement and a specific issue of SacOil Ordinary Shares to Encha, a related party, in the event of SacOil electing to settle any remuneration due to Encha in terms of the Encha Memorandum of Agreement through the issue of SacOil Ordinary Shares;
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