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

07/25/2013 | 09:55am 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 Roger Rees as interim chief executive officer and Mrs Tariro Mudzimuirema as interim financial director of the Company with immediate effect. 

Mr Roger Rees is a Chartered Accountant by qualification.  He spent his early career with Arthur Andersen, initially in London and then Johannesburg.  He has extensive public company experience. He previously served as a director and deputy Chairman of Clough Limited, an ASX listed oil and gas engineering company.   He also has significant international experience in acquisitions and disposals, due diligence and corporate finance. 

Mrs Tariro Mudzimuirema is a Chartered Accountant with more than 11 years' experience in finance, risk management, corporate governance and audit. After completing her degree at Rhodes University, Tariro joined PwC, where she worked in the Johannesburg, Zimbabwe, Baltimore, London and Malawi offices, responsible for assurance engagements for listed and unlisted entities in the construction, mining and manufacturing industries. Upon leaving PwC in June 2010, Tariro held various senior management roles responsible for compliance, financial management and business development at Indyebo Consulting and as an Independent Finance Consultant. Tariro is a member of The South African Institute of Chartered Accountants and an associate of the London Institute of Risk Management.

As from 17 September 2012, Mrs Mudzimuirema was appointed as Finance Manager at SacOil.

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

appointments:

"I am delighted that this lady and gentleman have agreed to join the board of SacOil Holdings Limited for an interim period. I look forward to working with them in growing this business into a giant pan-African enterprise"

The company's shares will remain suspended on the JSE and AIM pending further announcements in this regard. 

The following further information in relation to the appointments of Mr Rees and Mrs Mudzimuirema is disclosed in accordance with Schedule 2(g) of the AIM Rules for Companies:

Full name:      Roger William Rees

Age:             60

Current directorships and partnerships:

Directorships and partnerships held in the last 5 years:

Rex Trueform Limited

Murray & Roberts Holdings Limited

Redefine Properties Limited

Clough Limited

African and Overseas Enterprises Ltd


Ikwezi Mining Limited


Rex Trueform Clothing Company Ltd












































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

Full name:      Tariro Rudo Mudzimuirema

Age:             35

Current directorships and partnerships:

Directorships and partnerships held in the last 5 years:

None

None



Mrs Mudzimuirema does not currently hold any shares in the capital of SacOil.

25 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
ENDBOASEAFEIFDSESW
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