Dealings in Securities
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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: ZAE000127460
(“SacOil” or “the Company”)
Dealings in Securities
In compliance with rule 3.63 of the JSE Limited (“JSE”) Listings Requirements and rule 17 and schedule 5 of the AIM Rules for Companies (“AIM Rules”), the following information relating to dealing in Ordinary Shares by directors and executive management was disclosed to SacOil on 4 August 2011:
Name: Colin Bird
Name of company: SacOil Holdings Limited
Position: Executive Director
Date of trade: 4 August 2011
Number of securities: 250,000
Class: Ordinary shares
Price: 5.45 UK pence/60.11* SA cents
Total value of the transaction: GBP13 625 / ZAR150 275*
Nature of Transaction: Purchase on the open market
Extent of interest: Direct beneficial
*=converted at GBP11.03 to ZAR1
Clearance for this transaction was provided by the Chairman of SacOil in compliance with rule 3.66 of the JSE Listings Requirements.
Pursuant to rule 7 of the AIM Rules, any Ordinary Shares purchased by Colin Bird are subject to lock-in agreements which prohibit such Ordinary Shares from being disposed of for twelve months from 8 April 2011 being the date of admission of Ordinary Shares to trading on AIM.
Johannesburg
4 August 2011
Sponsor
Standard Bank
Nominated Adviser and Joint Broker finnCap Limited Matthew Robinson/Ed Frisby |
+44 (0) 20 7600 1658
|
Joint Broker Shore Capital Stockbrokers Limited Jerry Keen/Dru Danford |
+44 (0) 20 7408 4090
|
Tavistock (Public Relations UK) Edward Portman / Jos Simson |
+44 (0) 20 7920 3150
|
The Riverbed Agency Raphala Mogase/Bongiwe Moeli |
+27 (0) 11 783 7903
|
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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.