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Name Change and Share Consolidation
SACOIL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1993/000460/06)
JSE Share Code: SCL
ISIN: ZAE000127460
(“SacOil” or “the Company”)
NAME CHANGE AND SHARE CONSOLIDATION
Shareholders are referred to the SENS announcement released on 3
October 2017 wherein the Company advised that the resolutions to
approve the change of the name of the Company and a share
consolidation were approved by the requisite number of
shareholders at the Company’s Annual General Meeting.
Shareholders are hereby advised that the necessary documentation
has been lodged with CIPC. Shareholders should take note of the
dates set out below, which may change as they are subject to the
confirmation of the filing of the relevant special resolutions
with CIPC and the provision of copies thereof to the JSE. Any
changes in dates will be announced on SENS.
Receive confirmation of registration by the
CIPC of the special resolutions by this date
or as soon as possible thereafter Monday, 23 October
Release of finalisation announcement in
respect of the Name Change and Share
Consolidation on SENS by 11:00 Tuesday, 24 October
Last date to trade under the old name and in
order to take part in the Share Consolidation Tuesday 31 October
Expected termination date for Trading under
the name of “Sacoil Holdings Limited” and
commencement of trading under the new name
“Efora Energy Limited”, under share code EEl
Short name Efora and ISIN ZAE000248258 and
with the new capital structure following the
Share Consolidation from the commencement of Wednesday 1
trade November
Announcement of fraction rate to be released Thursday, 2
on SENS November
Record date in respect of the Name Change and Friday 3 November
Share Consolidation
Posting of share certificates in respect of
Certificated SacOil Shares following the Name
Change and Share Consolidation and update of
Dematerialised shareholders accounts with
their CSDP and Brokers Monday, 6 November
Note
(1) The above dates and times are subject to amendment. Any such
amendment will be released on SENS.
(2) Share certificates in the old name may not be dematerialised
or rematerialised from Wednesday, 1 November 2017.
JSE Sponsor
PSG Capital Proprietary Limited
5 October 2017
For further information please contact:
SacOil Holdings Limited
Damain Matroos
+27 (0)10 591 2260
Buchanan (Financial PR adviser)
Ben Romney / Chris Judd
+44 (0)20 7466 5000
Corporate Advisor to Belton Park
Gem Capital (Pty) Ltd
+27 (0)11 684 1701
ABOUT SACOIL
SacOil is a South African based independent African oil and gas
company, listed on the JSE. The Company has a diverse portfolio of
assets spanning production in Egypt; exploration and appraisal in
the Democratic Republic of Congo; midstream project relating to
crude trading in Nigeria and a majority interest in AfricOil, the
petroleum product wholesaler. 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. The Company continues to evaluate industry opportunities
throughout Africa as it seeks to establish itself as a leading,
full-cycle pan-African oil and gas company.
Date: 05/10/2017 08:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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