Go Back Email this Link to a friend


Sacoil Holdings Limited - Renewal Of Cautionary Announcement

Release Date: 25/10/2013 12:30:00      Code(s): SCL     
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?)

RENEWAL OF CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the announcement dated 12 September 2013 containing details of
the conversion of the Gairloch debt to equity (the ?Specific Issue?) and the capital raising of up to
R570 million by way of a renounceable rights offer (the ?Rights Offer?).

As the pro forma financial effects of the Specific Issue and Rights Offer have not yet been
published, in line with the JSE Listings Requirements, shareholders are advised to continue to
exercise caution when dealing in the Company?s securities until a further announcement is made.

25 October 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 Mudzimuirema                                       +27 (0)11 575 7232

Nedbank Capital, a division of Nedbank Limited                         +27 (0) 11 294 3524
(Investment Bank, Corporate Advisor and Sponsor)
Michelle Benade

finnCap Limited (Nominated Adviser and Broker)                         +44 (0) 20 7220 0500
Matthew Robinson / Christopher Raggett

FirstEnergy Capital (Joint Broker UK)                                  +44 (0) 20 7448 0200
Majid Shafiq
Travis Inlow

Pelham Bell Pottinger (UK)
Philip Dennis                                                          +44 (0) 20 7861 3919
Nick Lambert                                                           +44 (0) 20 7861 3936
Rollo Crichton-Stuart                                                  +44 (0) 20 7861 3918

Date: 25/10/2013 12:30:00 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                             . The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.


                                        
Email this JSE Sens Item to a Friend.

Send e-mail to
© 2017 SHARENET (PTY) Ltd, Cape Town, South Africa
Home     Terms & conditions    Privacy Policy
    Security Notice    Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.