SacOil Holdings Limited Director's Dealings (1470L)

TIDMSAC

RNS Number : 1470L

SacOil Holdings Limited

02 July 2014

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")

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:                   Tariro Mudzimuirema 
 Transaction date:           2 July 2014 
 Number of share options:    2 500 000 
 Price per share option:     52.8 cents 
 Transaction value:          R1 320 000 
 Nature of transaction:      Grant and acceptance of 
                              share options in terms 
                              of the SacOil Share Option 
                              Scheme (off market) 
 Vesting periods:            50% on or after 2 July 
                              2014 
                              25% on or after the first 
                              anniversary date being 
                              2 July 2015 
                              25% on or after the second 
                              anniversary date being 
                              2 July 2016 
 Extent of interest:         Direct beneficial 
 Written clearance           Yes 
  obtained:

Johannesburg

2 July 2014

Sponsor

Nedbank Capital

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

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