SAC Sacoil

TIDMSAC

RNS Number : 4354H

SacOil Holdings Limited

16 March 2015

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")

FURTHER CAUTIONARY ANNOUNCEMENT

In compliance with JSE Limited ("JSE") Listings Requirement 3.9 an issuer that has published a cautionary announcement must provide updates thereon in the required manner and within the time limits prescribed.

With reference to the cautionary announcements, the last of which was published on 2 February 2015 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 its portfolio rationalisation, 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

PSG Capital Proprietary Limited

16 March 2015

For further information please contact:

   SacOil Holdings Limited                    +27 (0)11 463 6884 

Damain Matroos

   finnCap Limited (Nominated Adviser and     +44 (0) 20 7220 0500 

broker)

Christopher Raggett

   FirstEnergy Capital (Financial Adviser     +44 (0) 20 7448 0200 

and Joint Broker UK)

Travis Inlow

   Instinctif Partners London (UK Investor    +44 (0)20 7457 2020 

Relations)

David Simonson / Anca Spiridon

   Instinctif Partners Johannesburg (SA       +27 (0)11 447 3030 

Investor Relations)

Nicholas Williams / Tshepo Mophiring

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCJJMATMBTBBAA

Sacoil (LSE:SAC)
Historical Stock Chart
From May 2024 to Jun 2024

Sacoil (LSE:SAC)
Historical Stock Chart
From Jun 2023 to Jun 2024