Investors

Home \ Investor Centre \ Company Announcements \ Dealing in Securities by a Director

Dealing in Securities by a Director

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

REGISTER

for news updates

Headlines

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.