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Circular to Shareholders

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Circular to SacOil shareholders regarding:

  • a renounceable rights offer of up to 2 111 111 111 Rights Offer Shares at an issue price of R0.27 per Share in the ratio of 220.80013 Rights Offer Shares for every 100 SacOil Shares held at the close of business on Friday, 3 January 2014; and incorporating:
  • a form of instruction in respect of a renounceable (nil paid) letter of allocation (to be completed by holders of Certificated Shares only).

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IMPORTANT NOTICE TO SHAREHOLDERS REGARDING THEIR SHARES

If you are in any doubt as to what action you should take, consult your CSDP, Broker, Banker, Legal Adviser, Accountant or other professional advisers immediately.

Or visit our Shareholder Information page for more information regarding your shareholding and share certificate.