Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. South Africa
  4. Johannesburg Stock Exchange
  5. Efora Energy Ltd
  6. News
  7. Summary
    SCLJ   ZAE000127460

EFORA ENERGY LTD

(SCLJ)
End-of-day quote Johannesburg Stock Exchange  -  2017-11-06
0.2000 ZAR   +11.11%
07/22Efora Energy : Quarterly Update Announcement
PU
04/13Efora Energy : Quarterly Update Announcement
PU
2021Royale Energy Ltd agreed to acquire Afric Oil Ltd. from Efora Energy Limited.
CI
SummaryChartsNewsCalendarCompanyFunds 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Sacoil Holdings Limited : Appointment of Directors

07/12/2013 | 10:00am EST

?

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")

Appointment of Directors

SacOil is pleased to announce the formal appointment of Mr Ignatius Sehoole as non-executive director and Mr Vusumzi Pikoli as independent non-executive director of the Company with immediate effect. 

Mr Sehoole is a Chartered Accountant by qualification.  He serves as a member of the Board of Directors of the Public Investment Corporation SOC Limited (the "PIC").  The other governance roles that he fulfils at the PIC are as follows:

·     the Chairman of the Audit and Risk Committee;

·     the Chairman of the Social and Ethics Committee;

·     a member of the Human Resources and Remuneration Committee;

·     a member of the REAM Committee; and

·     a member of the Directors' Affairs Committee.

He also serves on the Board of Harith Fund Managers Proprietary Limited, in which the PIC is a shareholder. Outside of the PIC, Mr Sehoole serves on the Board of the Specialist Committee on Company Law, as well as on the Accounting Standards Board. Previously he was a member of the King Committee on Corporate Governance, a President of the South African Institute of Chartered Accountants and, until March 2010, the Chairman of the Audit Committee at the National Treasury.

Mr Pikoli, an advocate by qualification, was previously the National Director of Public Prosecutions, and was the head of the National Prosecuting Authority.  Prior to that he served as the Director-General of the Department of Justice and Constitutional Development.  He is a former trustee of the Constitutional Court Trust, and formerly a member of the International Association of Anti-Corruption Authorities.  Until February 2012 he was a director of the Forensic Investigation division at SizweNtsalubaGobodo.  He previously also headed the forensics department at Gobodo Inc.  Currently he is an independent director on the Board of Cricket South Africa, where he chairs the Social and Ethics Committee.

Mr Tito Mboweni, the Chairman of the Board of SacOil, commented as follows on the appointments:

"I am delighted that these two gentlemen of highest standing have agreed to join the board of SacOil Holdings Limited. Their integrity and highest ethical standards will be an added bonus for our business. I look forward to working with them in growing this business into a giant pan-African enterprise".

The following further information in relation to the appointments of Messrs Sehoole and Pikoli is disclosed in accordance with Schedule 2(g) of the AIM Rules for Companies:

Full name:      Ignatius Simon Sehoole

Age:             53

Current directorships and partnerships:

Directorships and partnerships held in the last 5 years:

Harith Fund Managers (Pty) Ltd

PricewaterhouseCoopers Incorporated

Public Investment Corporation SOC Limited

MTN Group Limited

MTN Mobile Money Holdings (Pty) Ltd

Accounting Standards Board

MTN Service Provider (Pty) Ltd

Mobile Telephone Networks (Pty) Ltd

Sizasana Investment Holdings (Pty) Ltd

Thuthuka Education Upliftment Fund (Association Inc under Section 21)

Stand 163000 Jansen Park (Pty) Ltd

Oltio (Pty) Ltd

Mr Ignatius Sehoole does not currently hold any shares in the capital of SacOil.

Full name:      Vusumzi Patrick Pikoli

Age:             55

Current directorships and partnerships:

Directorships and partnerships held in the last 5 years:

Cricket South Africa

National Director of Public Prosecution

Vee Pee Forensic Consultants (Pty) Ltd

Director General - Department of Justice and Constitutional Development


Rondolite (Pty) Ltd


Bureau Of Justice Assistance (Association Inc Under Section 21)


Sizwentsalubagobodo Advisory Services (Pty) Ltd

Mr Pikoli does not currently hold any shares in the capital of SacOil.

12 July 2013

ENDS

JSE Sponsor

Nedbank Capital

For further information please contact:


finnCap Limited (Nominated Adviser and Broker)


+44 (0) 20 7220 0500

Matthew Robinson / Christopher Raggett



FirstEnergy Capital (Joint Broker UK)

Majid Shafiq

Travis Inlow

+44 (0) 20 7448 0200

GMP Securities Europe LLP (Joint Broker UK)

Rob Collins

James Pope


+44 (0) 20 7647 2800

Keyter Rech Investor Solutions (SA)

Vanessa Ingram

Lynne Bothma

+27 (0) 11 447 2993

Pelham Bell Pottinger (UK)



Philip Dennis


+44 (0) 20 7861 3919

Nick Lambert


+44 (0) 20 7861 3936

Rollo Crichton-Stuart


+44 (0) 20 7861 3918


This information is provided by RNS
The company news service from the London Stock Exchange
ENDBOASFFFDEFDSEFW
distributed by

ę Publicnow 2013
All news about EFORA ENERGY LTD
07/22Efora Energy : Quarterly Update Announcement
PU
04/13Efora Energy : Quarterly Update Announcement
PU
2021Royale Energy Ltd agreed to acquire Afric Oil Ltd. from Efora Energy Limited.
CI
2021Efora Energy Limited Provides Earnings Guidance for the Six Months Ended August 31, 202..
CI
2021Efora Energy : Quarterly Update Announcement
PU
2021Efora Energy : Update on Encha Payment
PU
2021EFORA ENERGY LIMITED : Press Release
CO
2021Efora Energy : Electronic Annual General Meeting
PU
2021Efora Energy : Clarification of Change Statement
PU
2021Broad-based Black Economic Empowerme : Annual Compliance Report
PU
More news
Chart EFORA ENERGY LTD
Duration : Period :
Efora Energy Ltd Technical Analysis Chart | MarketScreener
Full-screen chart
Managers and Directors
Darrin G. Arendse Chief Executive Officer
Thabang Monametsi Group Chief Financial Officer & Financial Director
Vuyo Ngonyama Chairman
Sebenzile Patrick Mngconkola Lead Independent Non-Executive Director
Zanele Radebe Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
EFORA ENERGY LTD0.00%8
CHEVRON CORPORATION56.54%355 209
CONOCOPHILLIPS75.69%158 014
EOG RESOURCES, INC.60.58%83 785
CANADIAN NATURAL RESOURCES LIMITED50.65%66 645
OCCIDENTAL PETROLEUM CORPORATION145.33%63 665