Further cautionary announcement (7498X)
February 21 2012 - 2:00AM
UK Regulatory
TIDMSAC
RNS Number : 7498X
SacOil Holdings Limited
21 February 2012
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" or "the Group")
21 February 2012
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 Tuesday, 10 January 2012, 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 (SA)
Raphala Mogase / Bongiwe Moeli +27 (0) 11 783 7903
Public Relations (United Kingdom)
Pelham Bell Pottinger (UK)
Philip Dennis/ Nick Lambert/Rollo Crichton-Stuart +44 (0)20 7861 3232
Additional information on SacOil can 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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