SAC Sacoil

TIDMSAC

RNS Number : 9686P

SacOil Holdings Limited

12 June 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: 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:

 
 SacOil Director:          Marius Damain Matroos 
 Transaction date:         10 June 2015 
 Number of share 
  options:                 4 833 333 
 Strike price per          23.31 cents 
  share option: 
 Transaction value:        R1 126 649.92 
 Nature of transaction:    Grant and acceptance of share 
                            options in terms of the SacOil 
                            Share Option Scheme (off market) 
 Vesting periods:          one third on or after 10 June 
                            2016; 
                            one third on or after the second 
                            anniversary date being 10 June 
                            2017; 
                            one third on or after the third 
                            anniversary date being 10 June 
                            2018. 
 Extent of interest:       Direct beneficial 
 Written clearance         Yes 
  obtained: 
 

Johannesburg

12 June 2015

Sponsor

PSG Capital Proprietary Limited

For further information please contact:

   SacOil Holdings Limited                    +27 (0)10 591 2260 

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

RDSLLFEERAILLIE

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