11th Aug 2011 13:30
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 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 11 August 2011:
Name: | Colin Bird |
Name of company: | SacOil Holdings Limited |
Position: | Executive Director |
Date of trade: | 11 August 2011 |
Number of securities: | 100,000 |
Class: | Ordinary shares |
Price: | 4.50 UK pence/52.70* SA cents |
Total value of the transaction: | £4 500 / ZAR52 695* |
Nature of Transaction: | Purchase on the open market |
Extent of interest: | Direct beneficial |
*=converted at £11.71 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
11 August 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.
Related Shares:
SAC.L