SAC Sacoil

TIDMSAC

RNS Number : 4731M

SacOil Holdings Limited

17 August 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 the following information relating to dealing by an associate of a director in ordinary shares of no par value in the Company ("Ordinary Shares") was disclosed to SacOil on 16 August 2011:

 
 Name:                              Carey Linnell 
 Name of company:                   SacOil Holdings Limited 
 Position:                          Immediate family of Richard Linnell 
                                     - Non-executive Chairman 
 Date of trade:                     15 August 2011 
 Number and price of securities:    30 000 at R0.59 
                                     5 000 at R0.60 
 Class:                             Ordinary shares 
 Total value of the transactions:   R 20 700.00 
 Nature of Transaction:             Purchase on open market 
 Extent of interest:                Direct beneficial 
 

Johannesburg

17 August 2011

For Further Information:

JSE 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/Bidhi Bhoma/Toby Gibbs

Tel: +44 (0) 20 7408 4050

Contacts

Tavistock (Public Relations UK)

Jos Simson/ Edward Portman

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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