Further Cautionary Announcement (6972S)
24 November 2011 - 9:20AM
UK Regulatory
TIDMSAC
RNS Number : 6972S
SacOil Holdings Limited
24 November 2011
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" or "the Company")
24 November 2011
Johannesburg
FURTHER CAUTIONARY ANNOUNCEMENT (JSE)
In compliance with JSE Limited ("JSE") Listings Requirement 3.9
and with reference to the further cautionary announcement published
on Thursday, 13 October 2011 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 various proposals
and potential transactions, 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
The Standard Bank of South Africa Limited
For further information please contact:
AIM Nominated Adviser and Joint Broker
finnCap Ltd
Matthew Robinson / Christopher Raggett +44 (0)20 7220 0500
Joint Broker (United Kingdom)
Shore Capital Stockbrokers Ltd
Jerry Keen / Bidhi Bhoma +44 (0)20 7408 4090
Public Relations (South Africa)
The Riverbed Agency
Raphala Mogase / Bongiwe Moeli +27 (0) 11 783 7903
Public Relations (United Kingdom)
Pelham Bell Pottinger
Philip Dennis/Nick Lambert/Rollo Critchton-Stuart +44 (0)20 7861
3232
This information is provided by RNS
The company news service from the London Stock Exchange
END
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