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Director/PDMR Shareholding

17 Aug 2011 07:00

RNS Number : 4731M
SacOil Holdings Limited
17 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")

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Dealings in securities

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In compliance with rule 3.63 of the JSE Limited ("JSE") Listings Requirements the following information relating to dealing by an associate of a director in ordinary shares of no par value in the Company ("Ordinary Shares") was disclosed to SacOil on 16 August 2011:

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Name:

Carey Linnell

Name of company:

SacOil Holdings Limited

Position:

Immediate family of Richard Linnell - Non-executive Chairman

Date of trade:

15 August 2011

Number and price of securities:

30 000 at R0.59

5 000 at R0.60

Class:

Ordinary shares

Total value of the transactions:

R 20Β 700.00

Nature of Transaction:

Purchase on open market

Extent of interest:

Direct beneficial

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Johannesburg

17 August 2011

For Further Information:

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JSE Sponsor

Standard Bank

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Nominated Adviser and Joint Broker

finnCap Limited

Matthew Robinson/Ed Frisby

+44 (0) 20 7220 1658

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Joint Broker

Shore Capital Stockbrokers Limited

Jerry Keen/Bidhi Bhoma/Toby Gibbs

Tel: +44 (0) 20 7408 4050

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Contacts

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Tavistock (Public Relations UK)

Jos Simson/ Edward Portman

Tel: +44 (0) 20 7920 3150

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The Riverbed Agency (Public Relations SA)

Raphala Mogase/Bongiwe Moeli

Tel: +27 (0) 11 783 7903

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Additional information on SacOilcan be found at www.sacoilholdings.com

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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