TIDMSAC

RNS Number : 6809O

SacOil Holdings Limited

23 September 2013

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")

No change statement and suspension on trading of shares

Integrated Annual Report

Shareholders are advised that the integrated annual report is available on the Company's website(www.sacoilholdings.com) and that it has been distributed to shareholders today without modification.

The annual general meeting

The annual general meeting of SacOil will be held on Friday, 29 November 2013 at 10:00 at 2nd Floor, The Gabba, Dimension Data Campus, 57 Sloane Street, Bryanston.

The record date on which members must be recorded as such in the register maintained by the transfer secretaries of the Company for the purpose of being entitled to attend and vote at the annual general meeting is Friday, 22 November 2013.

Update to shareholders

Further to the announcement dated 12 September 2013, the directors of SacOil believe that the Company is now in compliance with its regulatory requirements. Before seeking the restoration of trading in the Company's shares on both the Main Board of the JSE Limited and the AIM Market of the London Stock Exchange the directors will now finalise their holistic review of the Company during the course of the next seven days. For the avoidance of doubt, restoration will not occur today as had previously been anticipated.

23 September 2013

ENDS

Investment Bank, Corporate Advisor and JSE Sponsor

Nedbank Capital, a division of Nedbank Limited

Legal Advisor

Norton Rose Fulbright South Africa

Nominated Adviser and Broker

finnCap Limited

 
 For further information please contact: 
 SacOil Holdings Limited 
  Roger Rees/ Tariro Mudzimuirema                  +27 (0)11 575 7232 
 Nedbank Capital, a division of Nedbank 
  Limited (Investment Bank, Corporate Advisor 
  and Sponsor)                                   +27 (0) 11 294 3524 
  Michelle Benade 
 
  finnCap Limited (Nominated Adviser and 
  Broker)                                         +44 (0) 20 7220 0500 
 Matthew Robinson / Christopher Raggett 
 
   FirstEnergy Capital (Joint Broker UK) 
   Majid Shafiq 
   Travis Inlow                                    +44 (0) 20 7448 0200 
 
   GMP Securities Europe LLP (Joint Broker 
   UK) 
   Rob Collins 
   James Pope                                      +44 (0) 20 7647 2800 
 
   Pelham Bell Pottinger (UK) 
 Philip Dennis                                   +44 (0) 20 7861 3919 
 Nick Lambert                                    +44 (0) 20 7861 3936 
 Rollo Crichton-Stuart                           +44 (0) 20 7861 3918 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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