PIC increases stake in SacOil

The Public Investment Corporation , acting on behalf of the South Africa Government Employees Pension Fund has acquired all SacOil's securities held by Westglamry and Newdel.

The PIC, on behalf of the GEPF, now holds 68.65% of SacOil's total issued share capital.

At 3:59pm: (LON:SAC) Sacoil Hldgs Ltd share price was 0p at 0.85p