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.