Dealing in Securities by a Director
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SACOIL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1993/000460/06)
JSE share code: SCL
AIM share code: SAC
ISIN: ZAE0000127460
(“SacOil”)
Dealing in Securities by a Director
In terms of paragraph 3.63 – 3.65 of the JSE Limited Listings Requirements, the following information, relating to the dealings in the securities by a director, is disclosed:
Director: |
Tariro Mudzimuirema |
Transaction date: |
2 July 2014 |
Number of share options: |
2 500 000 |
Price per share option: |
52.8 cents |
Transaction value: |
R1 320 000 |
Nature of transaction: |
Grant and acceptance of share options in terms of the SacOil Share Option Scheme (off market) |
Vesting periods: |
50% on or after 2 July 2014 25% on or after the first anniversary date being 2 July 2015 25% on or after the second anniversary date being 2 July 2016 |
Extent of interest: |
Direct beneficial |
Written clearance obtained: |
Yes |
Johannesburg
2 July 2014
Sponsor
Nedbank Capital
For further information please contact: |
|
SacOil Holdings Limited Tariro Mudzimuirema |
+27 (0)11 575 7232 |
Nedbank Capital, a division of Nedbank Limited (Investment Bank, Corporate Advisor and Sponsor) Michelle Benade |
+27 (0) 11 294 3524 |
finnCap Limited (Nominated Adviser and Broker) Matthew Robinson / Christopher Raggett |
+44 (0) 20 7220 0500 |
FirstEnergy Capital (Joint Broker UK) Majid Shafiq Travis Inlow |
+44 (0) 20 7448 0200 |
Pelham Bell Pottinger (UK) Philip Dennis Nick Lambert Rollo Crichton-Stuart |
+44 (0) 20 7861 3919 +44 (0) 20 7861 3936 +44 (0) 20 7861 3918 |
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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.