|
SOL
SOL
SOL - Sasol Limited - Supplementary information to previous announcement
Sasol Limited
(Incorporated in the Republic of South Africa)
(Registration number 1979/003231/06)
ISIN: ZAE000006896 US8038663006
Share codes: JSE - SOL NYSE - SSL
("Sasol")
Supplementary information to previous announcement in respect of referral by
Competition Commission of polymers industry investigation to Competition
Tribunal
Further to the SENS announcement made earlier today Sasol wishes to provide the
following supplementary information relating to Sasol Chemical Industries
Limited (SCI).
Shareholders are advised that SCI houses a number of Sasol`s South African
chemical businesses such as Sasol Nitro, Sasol Polymers, Sasol Solvents and
Sasol Wax. In Sasol`s public disclosures we have reported on a business segment
basis and have not provided the turnover of SCI as a legal entity.
The turnover of SCI excluding transfers to the Sasol Group for the 2009 fiscal
year was R22,13 billion.
In our previous announcement we have indicated that at this time there is no
reasonable certainty as to whether or not SCI will be found to have contravened
competition laws as alleged, whether a penalty will be imposed and the quantum
thereof if imposed. There is also no certainty that SCI is the correct base from
which to calculate a potential administrative penalty.
12 August 2010
Johannesburg
Issued by sponsor: Deutsche Securities (SA) (Proprietary) Limited
Disclaimer - Forward-looking statements:
In this document we make certain statements that are not historical facts and
relate to analyses and other information which are based on forecasts of future
results and estimates of amounts not yet determinable. These statements may
also relate to our future prospects, developments and business strategies.
Examples of such forward-looking statements include, but are not limited to,
statements regarding exchange rate fluctuations, volume growth, increases in
market share, total shareholder return and cost reductions. Words such as
"believe", "anticipate", "expect", "intend", "seek", "will", "plan", "could",
"may", "endeavour" and "project" and similar expressions are intended to
identify such forward-looking statements, but are not the exclusive means of
identifying such statements. By their very nature, forward-looking statements
involve inherent risks and uncertainties, both general and specific, and there
are risks that the predictions, forecasts, projections and other forward-looking
statements will not be achieved. If one or more of these risks materialise, or
should underlying assumptions prove incorrect, our actual results may differ
materially from those anticipated. You should understand that a number of
important factors could cause actual results to differ materially from the
plans, objectives, expectations, estimates and intentions expressed in such
forward-looking statements.
These factors are discussed more fully in our most recent annual report under
the Securities Exchange Act of 1934 on Form 20-F filed on 9 October 2009 and in
other filings with the United States Securities and Exchange Commission. The
list of factors discussed therein is not exhaustive; when relying on forward-
looking statements to make investment decisions, you should carefully consider
both these factors and other uncertainties and events. Forward-looking
statements apply only as of the date on which they are made, and we do not
undertake any obligation to update or revise any of them, whether as a result of
new information, future events or otherwise.
Date: 12/08/2010 17:30:20 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS. |
|