SacOil Holdings Limited Dealing in securities by a director (4781C)

TIDMSAC

RNS Number : 4781C

SacOil Holdings Limited

28 June 2016

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")

Dealing in securities by a director

In terms of paragraph 3.63 - 3.65 of the JSE Limited Listings Requirements, the following information, relating to the dealings in the securities by a director, is disclosed:

 
Director:                  Bradley Cerff 
Status:                    Executive Director - 
                            SacOil 
Transaction date:          24 June 2016 
Number of shares:          1 000 000 
Price per share (cents):   24.05 
Transaction value:         R240 500.00 
Type of securities:        Ordinary shares 
Nature of transaction:     Purchase of shares on 
                            the open market 
Extent of interest:        Direct beneficial 
Written clearance          Yes 
 obtained: 
 

JSE Sponsor

PSG Capital Proprietary Limited

28 June 2016

For further information please contact:

SacOil Holdings Limited

Damain Matroos

[phone]

finnCap Limited (Nominated adviser and broker)

Christopher Raggett / James Thompson

[phone]

FirstEnergy Capital (Joint broker)

Hugh Sanderson / David van Erp

[phone]

Buchanan (Financial PR adviser) - UK

Ben Romney / Chris Judd / Madeleine Seacombe

[phone]

Hill + Knowlton Strategies (Financial PR adviser) - SA

Craig Atherfold / Eva Khosa

[phone]

ABOUT SACOIL

SacOil is a South African based independent African oil and gas company, dual-listed on the JSE and AIM. The Company has a diverse portfolio of assets spanning production in Egypt; exploration and appraisal in the Democratic Republic of Congo, Malawi and Botswana; and midstream and downstream projects including a crude trading allocation in Nigeria and a terminal project in Equatorial Guinea. 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.

This information is provided by RNS

The company news service from the London Stock Exchange

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June 28, 2016 05:00 ET (09:00 GMT)