SAC Sacoil

TIDMSAC

RNS Number : 4323J

SacOil Holdings Limited

30 June 2011

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, the following information relating to dealing in ordinary shares of no par value in the Company ("Ordinary Shares") by directors and executive management was disclosed to SacOil on 29 June 2011:

 
 Name:                    Carey Linnell 
 Name of company:         SacOil Holdings Limited 
 Position:                Immediate family of Richard 
                           Linnell - Non-executive Chairman 
 Date of trade:           28, 29 June 2011 
 Number of securities:    20 000, 8 000 and 11 706 
 Class:                   Ordinary shares 
 Price:                   R0.88, R0.89 and R0.85 
 Total value of the       R 34 670.10 
  transaction: 
 Nature of Transaction:   Purchase on open market 
 Extent of interest:      Direct beneficial 
 

Relevant clearances for these transactions were provided by the Chairman of SacOil in compliance with rule 3.66 of the JSE Listings Requirements.

30 June 2011

For Further Information:

Sponsor

Standard Bank

Nominated Adviser and Joint Broker

finnCap Limited

Matthew Robinson/Ed Frisby

+44 (0) 20 7220 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 SacOilcan be found at www.sacoilholdings.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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