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SCL - SACOIL Holdings Limited - Dealings in securities

Release Date: 11/08/2011 14:30
Code(s): SCL
Wrap Text

SCL - SACOIL Holdings Limited - Dealings in securities 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 11 August 2011: Name: Colin Bird Name of company: SacOil Holdings Limited Position: Executive Director Date of trade: 11 August 2011 Number of securities: 100,000 Class: Ordinary shares Price: 4.50 UK pence/52.70* SA cents Total value of the transaction: GBP4 500 / ZAR52 695* Nature of Transaction: Purchase on the open market Extent of interest: Direct beneficial *=converted at GBP11.71 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 11 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) Edward Portman / Jos Simson 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 SacOil can be found at www.sacoilholdings.com. Date: 11/08/2011 14:30:03 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.

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