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Information regarding the renaming and share consolidation

Following the name change and share consolidation, it is necessary to recall the share certificates from Certificated SacOil Shareholders in order to replace them with certificates reflecting the Name Change, Share Consolidation and the new ISIN.

Dematerialised SacOil Shareholders do not hold share certificates and consequently, there is no surrender procedure applicable to them as their shareholding particulars will automatically be updated by their CSDP or Broker.

How do I get a new share certificate?

Certificated SacOil Shareholders should complete the Form of Surrender (yellow) in the Circular to Shareholders dated 31 August 2017 and return it, together with their share certificates or other documents of title, to the Transfer Secretaries. New share certificates will be posted by registered post in South Africa and the United Kingdom, to Certificated Shareholders, at their own risk, who have surrendered their documents of title, within 5 (five) business days after receipt of the existing and documents of title.

I lost or cannot locate my share certificate

If any Documents of Title have been lost or destroyed and the Certificated SacOil Shareholder concerned produces evidence to this effect to the satisfaction of the Transfer Secretaries, then the Transfer Secretaries may dispense with the surrender of such existing Documents of Title against the provision of an indemnity, acceptable to, and in favour of, the Company, by the Certificated SacOil Shareholder concerned.

Who can I contact regarding my shares?

Contact your broker or appoint a regulated stockbroker to administer your shareholding or a share sale instruction. A list of stockbrokers is available on the website of the Johannesburg Stock Exchange: https://www.jse.co.za/findastockbroker.

You may choose to hold shares through an Own Name Custody Service provided by Link Investor Services Proprietary Limited (“Link”).  Link is a wholly owned subsidiary of Link Market Services and is licensed by Strate Limited as a Central Securities Depository Participant (“CSDP”). Link also has South African Reserve Bank approval to act as custodian for non–resident shareholders. This custody service is provided at no extra cost to you.  You will, however, be liable for brokerage fees should you ever wish to trade your shares, irrespective of whether your shares are held by Link or not.  You may contact them at csdp@linkmarketservices.co.za.

Alternatively, send an email to our Investor Relations department. 

Information regarding the de-listing from AIM

When did the company delist from AIM?

SacOil Holding Limited’s listing on the London Stock Exchange terminated on 31 May 2017. Refer to the announcement regarding the cancellation of the Company’s Ordinary Shares trading on AIM.

I held shares on the AIM market. What happened to my shares?

The UK share register, previously maintained by Computershare Investor Services, was closed on 29 August 2017 and all shareholder accounts were automatically transferred to the South African Register, maintained by Link Market Services South Africa Proprietary Limited (“Link Market Services”).

As a certificated shareholder (holding your shares in certificated/paper form) you will not be able to trade your shares on the JSE Limited unless you first dematerialise your shares.

How do I dematerialise my shares?

The dematerialisation of shares means that your shares will no longer be held in certificated/paper form but in an electronic form.

For purposes of dematerialising your shares, you may choose to:

  1. Hold shares through an Own Name Custody Service provided by Link Investor Services Proprietary Limited (“Link”). Link is a wholly owned subsidiary of Link Market Services and is licensed by Strate Limited as a Central Securities Depository Participant (“CSDP”). Link also has South African Reserve Bank approval to act as custodian for non–resident shareholders. You will be liable for brokerage fees should you ever wish to trade your shares, irrespective of whether your shares are held by Link or not. You may contact them at csdp@linkmarketservices.co.za; OR
  2. Appoint a regulated stockbroker to administer your shareholding or a share sale instruction. A list of stockbrokers is available on the website of the Johannesburg Stock Exchange: https://www.jse.co.za/findastockbroker.

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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.