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: |
Dr Thabo Kgogo |
Transaction date: |
2 December 2014 |
Number of share options: |
5 850 000 |
Price per share option: |
42.17 cents |
Transaction value: |
R2 466 945 |
Nature of transaction: |
Grant and acceptance of share options in terms of the SacOil Share Option Scheme (off market) |
Vesting periods: |
one third on or after 2 December 2015; one third on or after the second anniversary date being 2 December 2016; one third on or after the third anniversary date being 2 December 2017; |
Extent of interest: |
Direct beneficial |
Written clearance obtained: |
Yes |
Johannesburg
2 December 2014
Sponsor
PSG Capital Proprietary Limited
For further information please contact: |
|
SacOil Holdings Limited Tariro Mudzimuirema |
+27 (0)11 575 7232 |
PSG Capital (Corporate Advisor and Sponsor) Leonard Eiser |
+27 (0) 11 032 7400 |
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 |
Instinctif Partners London (UK Investor Relations) David Simonson / Anca Spiridon |
+44 (0)20 7457 2020 |
Instinctif Partners Johannesburg (SA Investor Relations) Nicholas Williams / Fred Cornet |
+27 (0)11 447 3030 |
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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.