2nd Jul 2014 10:00
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: | Tariro Mudzimuirema |
Transaction date: | 2 July 2014 |
Number of share options: | 2 500 000 |
Price per share option: | 52.8 cents |
Transaction value: | R1 320 000 |
Nature of transaction: | Grant and acceptance of share options in terms of the SacOil Share Option Scheme (off market) |
Vesting periods: | 50% on or after 2 July 2014 25% on or after the first anniversary date being 2 July 2015 25% on or after the second anniversary date being 2 July 2016 |
Extent of interest: | Direct beneficial |
Written clearance obtained: | Yes |
Johannesburg
2 July 2014
Sponsor
Nedbank Capital
For further information please contact: | ||
SacOil Holdings Limited Tariro Mudzimuirema
|
+27 (0)11 575 7232 | |
Nedbank Capital, a division of Nedbank Limited (Investment Bank, Corporate Advisor and Sponsor) Michelle Benade
finnCap Limited (Nominated Adviser and Broker) Matthew Robinson / Christopher Raggett | +27 (0) 11 294 3524
+44 (0) 20 7220 0500 | |
FirstEnergy Capital (Joint Broker UK) Majid Shafiq Travis Inlow |
|
+44 (0) 20 7448 0200
|
Pelham Bell Pottinger (UK) | ||
Philip Dennis | +44 (0) 20 7861 3919 | |
Nick Lambert | +44 (0) 20 7861 3936 | |
Rollo Crichton-Stuart | +44 (0) 20 7861 3918 | |
Related Shares:
SAC.L