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Sasol - free share allocation
The company refers to the joint SENS announcement published on Friday, 6 April 2018 relating to the Free Share Allocation as more fully described therein.
The following are the results of the Free Share Allocation -
- two holders of Sasol BEE Ordinary Shares (“SOLBE1 Shares”) validly rejected the Free Share Allocation;
- 77 holders of Sasol Inzalo Public Ordinary Shares (“SIPBEE Shares”) validly rejected the Free Share Allocation; and
- no holders of Sasol Inzalo Groups (RF) Ltd. (“Sasol Inzalo Groups”) ordinary shares rejected the Free Share Allocation, and accordingly:
- 2 973 021 additional SOLBE1 Shares will be issued to these SOLBE1 and SIPBEE shareholders and Sasol Inzalo Groups shareholders on Friday, 1 June 2018 which can be freely traded on the JSE from such date, bringing the total number of issued SOLBE1 Shares available for trade on the JSE on Friday, 1 June 2018 to 3 935 298. This number excludes the SOLBE1 Shares that will be issued on Friday, 1 June 2018 to those participants in Tier 1 of the Sasol Khanyisa Employee Share Ownership Plan Trust who have elected to acquire vested rights in SOLBE1 Shares;
- 26 503 642 Sasol Khanyisa Public ordinary shares will be issued to these SOLBE1 and SIPBEE shareholders and Sasol Inzalo Groups shareholders on Friday, 1 June 2018 which shares cannot be disposed of at all.
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Sasol - trading in SOLBE1 shares
Trading in SOLBE1 Shares of those shareholders who rejected the Free Shares Allocation as more fully described in the joint declaration and finalisation SENS announcement published on 6 April 2018 recommences on Monday, 14 May 2018.
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Sasol - closing of the period
Sasol refers to the joint SENS announcement published on 6 April 2018 relating to the free share allocation as more fully described therein. From 12:00 on Friday, 11 May 2018 SOLBE1 shareholders and SIPBEE shareholders to whom the relevant free share allocation letters have been sent may no longer reject the free share allocation in the manner set out in such letters.
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Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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