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Dealing in securities by a director

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12 Jun 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 share option:

23.31 cents

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 obtained:

Yes

 

Johannesburg

12 June 2015

 

Sponsor

PSG Capital Proprietary Limited

 

For further information please contact:

 

SacOil Holdings Limited                    +27 (0)1591 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