Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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Upward momentum continues. Good luck
It`s looking very promising for later today . Good luck , Bbr391 ,
Another tick up coming.
bbr391.blogspot.com/‎ Yes, the breakout continue mornington . Shame so few have noticed. This little blighter ,should be a wise long term hold . Now the finance seems to be cleared . Good luck
Be good to see this break 2p.
I always remember that bad spelling ,what fun. By the way resistance has broken yet again today . Good luck all Sackees
She soars like a bird . http://www.youtube.com/watch?v=ih4zwp-0GeQ Good luck all
Higher and higher http://www.youtube.com/watch?v=mzDVaKRApcg Gla Sackees
Swing Out Sister
Trades starting to trade this up. Good luck all
The rises continue. Expected 2p end of day . gla In The Sack
Good luck all
Let`s hope it`s sorted , at last . Good luck all in the sack
She`s flying like a kite
Resistance broken one feels. Perhaps Total have found more stuff. Good luck all in the Sack
1.8p paid , updraft continues . gla @ The Sack
That`s one big out of hours ,puppy.## Good luck
So what % will PIC own when this transaction is completed ?
Hold .
Corporate Action - Sacoil - Rights Issue Further to a previous announcement regarding a potential rights issue the company has announced that that the rights offer is not being made into the United Kingdom and holders of SacOil depository interests, as traded on AIM, are not able to subscribe for shares pursuant to this transaction.
New year momentum begins ,strange days ahead. gla @ The Sac
Under the radar goods luck
This basically underwrites the rights issue convertible at a price of 1.6p which is at a premium to todays price! All falling into place with completion of funding by end of Jan. No one seems to be interested? I am in and if funds allow add ready for the off!
RNS SacOil Holdings Ltd Announcement regarding the Convertible Bridge Loan RNS Number : 3063V SacOil Holdings Limited 11 December 2013  SACOIL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1993/000460/06) JSE share code: SCL AIM share code: SAC ISIN: ZAE000127460 ("SacOil" or "the Company" or the "Group") Announcement regarding the Convertible Bridge Loan The Directors of SacOil are pleased to announce, in accordance with Rule 13 of the AIM Rules, that the Company has entered into an agreement with the Public Investment Corporation (SOC) Limited ("the PIC") dated 3 December 2013 in terms of which the PIC has agreed to advance funding to the Company in the form of a convertible bridge loan facility (the "Convertible Bridge Loan") of US$20.5m to fulfil the Group's financing obligations relating to its assets, in advance of the Specific Issue and the receipt of funds from the Rights Offer ("the Transactions") (as detailed in the announcement dated 12 September 2013). The Convertible Bridge Loan is advanced to SacOil at a rate of interest linked to the 3 month Johannesburg Interbank Agreed Rate and is repayable by 31 January 2014 ("the Repayment Date"). It is anticipated that the repayment of this Convertible Bridge Loan will be through the issue of sufficient number of Rights Offer Shares to the PIC at R0.27 per SacOil share. Shareholders are reminded of the PIC's undertaking to support the Rights Offer to the extent of R329,211,713. To the extent that the Transactions are not implemented by the Company prior to the Repayment Date, then the Convertible Bridge Loan shall be settled by the issue of new shares in the Company, sufficient in number, at a price of R0.27 per SacOil share to enable the conversion of the Convertible Bridge Loan into shares in the Company ("the Bridge Loan Shares"). The issuance of the Bridge Loan Shares shall be subject to the passing of a special resolution, at a general meeting of shareholders on or before 14 March 2014, authorising such issuance. By virtue of the PIC being a substantial shareholder (16.59%) in the Company, the Convertible Bridge Loan constitutes a related party transaction for the purposes of Rule 13 of the AIM Rules. The directors of SacOil consider, having consulted with finnCap Limited (the Company's nominated advisor), that the terms of the Convertible Bridge Loan are fair and reasonable insofar as the Company's shareholders are concerned. 11 December 2013 ENDS Investment Bank, Corporate Advisor and JSE Sponsor Nedbank Capital, a division of Nedbank Limited Legal Advisor Norton Rose Fulbright South Africa Nominated Adviser and Broker finnCap Limited For further information please contact: SacOil Holdings Limited Roger Rees / Tariro Mudzimuir
Another director buy not large but shows confidence : 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: Steve Muller Transaction date: 10 December 2013 Number of shares: 100 000 Price per share: 23 cents Transaction value: R 23 000 Nature of transaction: Purchase of shares on the open market Extent of interest: Direct beneficial Written clearance obtained: Yes