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 of company:
SacOil Holdings Limited
Date of trade:
4 August 2011
Number of securities:
5.45 UK pence/60.11* SA cents
Total value of the transaction:
£13 625 / ZAR150 275*
Nature of Transaction:
Purchase on the open market
Extent of interest:
*=converted at £11.03 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.
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