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SOL
SOL
SOL - Sasol Limited - Sasol Share Repurchase Programme Update
Sasol Limited
(Incorporated in South Africa)
(Registration number: 1979/003231/06)
ISIN Code: ZAE000006896
Share Code: SOL
NYSE Code: SSL
("Sasol")
Sasol share repurchase programme update
Sasol today announced that Sasol Investment Company (Proprietary) Limited, a
wholly owned subsidiary of Sasol, had repurchased 7 504 819 ordinary shares in
the share capital of Sasol Limited as at 30 April 2007, at an average price of
R233. This equates to 1,20% of the total issued share capital of Sasol.
Sasol will be active in the market repurchasing its shares in accordance with
its share repurchase programme, as and when considered appropriate.
Authorisation for the repurchase of shares was granted by Sasol`s shareholders
at the annual general meeting held on 23 November 2006.
"The share repurchase programme is one of several options that we are evaluating
to restructure Sasol`s balance sheet" says Christine Ramon, Sasol`s Chief
Financial Officer.
A further update on the share repurchase programme will be given when 3% of the
total issued share capital of Sasol has been repurchased.
4 May 2007
Johannesburg
Issued by sponsor: Deutsche Securities (SA) (Proprietary) Limited
Date: 04/05/2007 14:38:01 Produced by the JSE SENS Department. |
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