RNS Number : 7578L
SacOil Holdings Limited
04 August 2011
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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 4 August 2011:
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Name:
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Colin Bird
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Name of company:
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SacOil Holdings Limited
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Position:
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Executive Director
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Date of trade:
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4 August 2011
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Number of securities:
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250,000
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Class:
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Ordinary shares
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Price:
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5.45 UK pence/60.11* SA cents
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Total value of the transaction:
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£13 625 / ZAR150 275*
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Nature of Transaction:
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Purchase on the open market
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Extent of interest:
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Direct beneficial
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*=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.
Johannesburg
4 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)
Jos Simson/Edward Portman
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
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