28 Jun 2016 10:00
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")
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: | Bradley Cerff |
Status: | Executive Director - SacOil |
Transaction date: | 24 June 2016 |
Number of shares: | 1 000 000 |
Price per share (cents): | 24.05 |
Transaction value: | R240 500.00 |
Type of securities: | Ordinary shares |
Nature of transaction: | Purchase of shares on the open market |
Extent of interest: | Direct beneficial |
Written clearance obtained: | Yes |
JSE Sponsor
PSG Capital Proprietary Limited
28 June 2016
For further information please contact:
SacOil Holdings Limited
Damain Matroos
+27 (0)10 591 2260
finnCap Limited (Nominated adviser and broker)
Christopher Raggett / James Thompson
+44 (0) 20 7220 0500
FirstEnergy Capital (Joint broker)
Hugh Sanderson / David van Erp
+44 (0) 20 7448 0200
Buchanan (Financial PR adviser) - UK
Ben Romney / Chris Judd / Madeleine Seacombe
+44 (0)20 7466 5000
Hill + Knowlton Strategies (Financial PR adviser) - SA
Craig Atherfold / Eva Khosa
+27 11 463 2198
ABOUT SACOIL
SacOil is a South African based independent African oil and gas company, dual-listed on the JSE and AIM. The Company has a diverse portfolio of assets spanning production in Egypt; exploration and appraisal in the Democratic Republic of Congo, Malawi and Botswana; and midstream and downstream projects including a crude trading allocation in Nigeria and a terminal project in Equatorial Guinea. Our focus as a Group is on delivering energy for the African continent by using Africa's own resources to meet the significant growth in demand expected over the next decade.