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Dealing in Securities by Directors

EFORA ENERGY LIMITED

(Formerly SacOil Holdings Limited)

(Incorporated in the Republic of South Africa)

(Registration number 1993/000460/06)

JSE Share Code: EEL

ISIN: ZAE000248258

(“Efora” or “the Company”)

DEALING IN SECURITIES BY DIRECTORS

In compliance with rules 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information is disclosed:

 

Name of Director:    T Kgogo

Status:    Chief Executive Officer

Company:    Efora Energy Limited

Type of Securities:   Ordinary Shares

Date of Transaction:     10 August 2018

Price Per Share:    R0.50

Number of Securities Transacted:    153 517

Total Rand Value of Securities:    R76 758.50

Nature of Transaction:    Acquisition of shares by Director (Followed rights offer rights)

Nature and Extent of Director’s Interest in the Transaction:    Direct Beneficial

Confirmation That Clearance Has Been Given In Terms Of Paragraph 3.66:   Yes

 

Name of Director:    MD Matroos

Status:    Financial Director

Company:    Efora Energy Limited

Type of Securities:    Ordinary Shares

Date of Transaction:    10 August 2018

Price Per Share:    R0.50

Number of Securities Transacted:    55 957

Total Rand Value of Securities:    R27 978.50

Nature of Transaction:    Acquisition of shares by Director (Followed rights offer rights)

Nature and Extent of Director’s Interest in the Transaction:    Direct Beneficial

Confirmation That Clearance Has Been Given In Terms Of Paragraph 3.66:    Yes

 

Pretoria

13 August 2018

 

Sponsor

PSG Capital

 

For further information please contact:

Efora Energy Limited

Damain Matroos

+27 (0)10 591 2260

Buchanan (Financial PR adviser)

Ben Romney / Chris Judd

+44 (0)20 7466 5000

 

About Efora

Efora Energy Limited is a South African based independent African oil and gas company, listed on the JSE. The Company has a diverse portfolio of assets spanning production in Egypt; exploration in the Democratic Republic of Congo; midstream project relating to crude trading in Nigeria and material downstream distribution operations throughout South Africa and Zimbabwe. Our focus as a Group is on delivering energy for the African continent by using Africa’s own resources to meet the significant growth in demand expected over the next decade.

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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.