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Dealing in Securities by a Director

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09 Dec 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”)

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:

Damain Matroos

Status:

Executive Director - SacOil

Transaction date:

8 December 2015

  

Number of share:

(1)  30 000

(2)  142 413

Price per share:

(1)  28 cents

(2)  29 cents

Transaction value:

(1)  R8 400.00

(2)  R41 299.77

Type of securities:

Ordinary shares

 

 

Nature of transaction:

Purchase of shares on the open market

Extent of interest:

Direct beneficial

Written clearance obtained:

Yes

Following this dealing Mr. Matroos now holds 172,413 ordinary shares of no par value in the capital of the Company representing a beneficial interest of 0.005% of the total voting rights of the Company.

JSE Sponsor

PSG Capital Proprietary Limited

9 December 2015

 

For further information please contact:

SacOil Holdings Limited

Bradley Cerff

+27 (0)11 463 6884

finnCap Limited (Nominated Adviser and broker)

+44 (0) 20 7220 0500

Christopher Raggett and James Thompson

FirstEnergy Capital (Joint broker)

Hugh Sanderson / David van Erp

+44 (0) 20 7448 0200