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Director/PDMR Shareholding

27th Jul 2011 14:30

RNS Number : 1916L
SacOil Holdings Limited
27 July 2011
 

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" or "the Company")

 

Dealings in securities

 

In compliance with rule 3.63 of the JSE Limited ("JSE") Listings Requirements, the following information relating to dealing in Ordinary Shares by directors and executive management was disclosed to SacOil on 27 July 2011:

 

Name:

Colin Bird

Name of company:

SacOil Holdings Limited

Position:

Executive Director

Date of trade:

27 July 2011

Number of securities:

100,000

Class:

Ordinary shares

Price:

6.0 UK pence/65.8* SA cents

Total value of the transaction:

£6 000 / ZAR65 800*

Nature of Transaction:

Purchase on the open market

Extent of interest:

Direct beneficial

 

*=converted at £10.99 to ZAR1

 

Clearance for this transaction was provided by the Chairman of SacOil in compliance with rule 3.66 of the JSE Listings Requirements.

 

27 July 2011

For Further Information:

 

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

Tel: +44 (0) 20 7408 4090

 

Contacts

 

Tavistock (Public Relations UK)

Edward Portman / Jos Simson

Tel: +44 (0) 20 7920 3150

 

The Riverbed Agency (Public Relations SA)

Raphala Mogase/Bongiwe Moeli

Tel: +27 (0) 11 783 7903

 

 

Additional information on SacOilcan be found at www.sacoilholdings.com.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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