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SCL - SACOIL Holdings Limited - Further cautionary announcement

Release Date: 24/11/2011 09:45
Code(s): SCL
Wrap Text

SCL - SACOIL Holdings Limited - Further cautionary announcement 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") 24 November 2011 Johannesburg FURTHER CAUTIONARY ANNOUNCEMENT (JSE) In compliance with JSE Limited ("JSE") Listings Requirement 3.9 and with reference to the further cautionary announcement published on Thursday, 13 October 2011 on the Stock Exchange News Service of the JSE and on the Regulatory News Service of the London Stock Exchange, SacOil shareholders ("Shareholders") are advised that the Company is still in the process of considering various proposals and potential transactions, which if successfully concluded, may have a material effect on the price of SacOil ordinary shares ("Shares"). Accordingly, Shareholders are advised to continue to exercise caution when dealing in their Shares until a further announcement is made in this regard. JSE Sponsor The Standard Bank of South Africa Limited For further information please contact: AIM Nominated Adviser and Joint Broker finnCap Ltd Matthew Robinson / Christopher Raggett +44 (0)20 7220 0500 Joint Broker (United Kingdom) Shore Capital Stockbrokers Ltd Jerry Keen / Bidhi Bhoma +44 (0)20 7408 4090 Public Relations (South Africa) The Riverbed Agency Raphala Mogase / Bongiwe Moeli +27 (0) 11 783 7903 Public Relations (United Kingdom) Pelham Bell Pottinger Philip Dennis/Nick Lambert/Rollo Critchton-Stuart +44 (0)20 7861 3232 Date: 24/11/2011 09:45:01 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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