|
Dealings in Securities
Sasol Limited
(Incorporated in the Republic of South Africa)
(Registration number 1979/003231/06)
Sasol Ordinary Share codes: JSE: SOL NYSE: SSL
Sasol Ordinary ISIN codes: ZAE000006896 US8038663006
Sasol BEE Ordinary Share code: JSE: SOLBE1
Sasol BEE Ordinary ISIN code: ZAE000151817
(Sasol, the Company, Equity issuer)
Sasol Financing Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1998/019838/06)
Company code: SFIE
LEI: 378900A5BC68CC18C276
(Sasol Financing, Debt issuer)
DEALINGS IN SECURITIES BY DIRECTORS AND PRESCRIBED OFFICERS OF
SASOL LIMITED, THE COMPANY SECRETARY AND DIRECTORS OF MAJOR
SUBSIDIARIES OF SASOL LIMITED
In compliance with paragraphs 3.63 to 3.66 of the JSE Limited Listings Requirements
(Listings Requirements), the following information is disclosed relating to dealings in
securities of Sasol by the Executive Directors and Prescribed Officers of Sasol, its
Company Secretary and Directors of its major subsidiaries.
The persons below have transacted in securities awarded and accepted in 2020 in terms
of the rules of the Sasol 2016 Long-Term Incentive (LTI) plan (Plan).
The 2020 award partly vested at the achievement of corporate performance targets
(CPTs) of 67,34%. The balance of the LTI award made in 2020 will vest in 2025 subject to
the rules of the Plan.
Participants have the option to retain all shares; sell sufficient shares to cover the tax
liability and retain the balance thereof; or, to sell the vested shares. Directors and
Prescribed Officers have to adhere to minimum shareholding requirements. The dealings
are as set out below.
Transaction date: 11 December 2023
Class of securities: Sasol ordinary shares
Issue price per share: R0,00
Nature of transaction: Retention of vested shares off-market
Nature and extent of interest: Direct beneficial
Name Company and designation Number Price per Total value of
of shares share the transaction
(ZAR)1 (ZAR)
B Baijnath Sasol South Africa Limited: Director 5 831 205,44 1 197 920,64
Sasol Oil (Pty) Ltd: Director
S Baloyi Sasol Limited: Prescribed officer 4 956 205,44 1 018 160,64
F R Grobler Sasol Limited: Director 20 796 205,44 4 272 330,24
V D Kahla Sasol Limited: Director 8 770 205,44 1 801 708,80
Sasol Oil (Pty) Ltd: Director
Sasol South Africa Limited: Director
C K Mokoena Sasol Limited: Prescribed officer 2 500 205,44 513 600
Sasol South Africa Limited: Director
Sasol Oil (Pty) Ltd: Director
H Wenhold Sasol Limited: Prescribed officer 7 756 205,44 1 593 392,64
1. Vesting price
Transaction date: 11 December 2023
Class of securities: Sasol ordinary shares
Issue price per share: R0,00
Nature of transaction: Sale of vested shares on-market
Nature and extent of interest: Direct beneficial
Name Company and designation Number of Selling Price Total value of
shares per share the transaction
(ZAR)1 (ZAR)
B Baijnath Sasol South Africa Limited: 5 880 185,8249 1 092 650,41
Director
Sasol Oil (Pty) Ltd: Director
S Baloyi3 Sasol Limited: Prescribed officer 5 108 185,8249 949 193,59
D C Cronje Sasol Oil (Pty) Ltd: Director 10 563 185,8249 1 962 868,42
M du Toit Sasol Limited: Company 11 920 185,8249 2 215 032,81
Secretary
Sasol South Africa Limited:
Company Secretary
F R Grobler3 Sasol Limited: Director 20 976 185,8249 3 897 863,10
V D Kahla2 Sasol Limited: Director 8 937 185,8249 1 660 717,13
Sasol Oil (Pty) Ltd: Director
Sasol South Africa Limited:
Director
R M Laxa Sasol South Africa Limited: 12 000 185,8249 2 229 898,80
Director
C K Mokoena2 Sasol Limited: Prescribed officer 12 045 185,8249 2 238 260,92
Sasol South Africa Limited:
Director Sasol Oil (Pty) Ltd:
Director
D T Mokomela Sasol South Africa Limited: 5 809 185,8249 1 079 456,84
Director
N G Nndwammbi Sasol Oil (Pty) Ltd: Director 10 034 185,8249 1 864 567,05
Sasol South Africa Limited:
Director
M L Powys Sasol South Africa Limited: 8 794 185,8249 1 634 144,17
Director
N Stofberg Sasol Chemicals (USA) LLC: 11 516 185,8249 2 139 959,55
Director
H Wenhold3 Sasol Limited: Prescribed officer 7 821 185,8249 1 453 336,54
1
Average selling price per share is based on transactions effected by the Company from 4 to 11 December 2023. Proceeds are
allocated to the shares sold by Directors / Prescribed Officers, as with all participants, based on the outcome of the bulk sale.
2
Have achieved the required level of minimum shareholding and therefore are permitted to sell vested shares.
3
In terms of the MSR policy, Directors and Prescribed Officers may sell vested shares to cover the taxation and transaction cost on the
LTI award.
The highest and lowest prices, as well as the VWAP price for the days of trading are as follows:
Date Highest price Lowest price Volume Weighted Average Price
(ZAR) (ZAR) (ZAR)
4 to 11 December 2023 206,0000 170,1000 185,8249
Transaction date: 8 December 2023
Class of securities: Sasol American Depositary Receipts (ADR) each representing one
Sasol ordinary share
Issue price per share: USD0,00
Nature of transaction: Retention of vested shares off-market
Nature and extent of interest: Direct beneficial
Name Company and designation Number Price per Total value of
of shares share the transaction
(USD) (USD)
B V Griffith Sasol Limited: Prescribed officer 10 952 11,21 122 771,92
Sasol Chemicals (USA) LLC: Director
Transaction date: 8 December 2023
Class of securities: Sasol American Depositary Receipts (ADR) each representing one
Sasol ordinary share
Issue price per share: USD0,00
Nature of transaction: Sale of vested shares on-market
Nature and extent of interest: Direct beneficial
Name Company and designation Number Selling Total value of
of Price per the
shares share transaction
(USD)1 (USD)
B V Griffith2 Sasol Limited: Prescribed officer 5 641 10,0571 56 732,10
Sasol Chemicals (USA) LLC: Director
E Stouder Sasol Chemicals (USA) LLC: Director 15 295 10,0571 153 823,34
1
Average selling price per share is based on transactions effected by the Company from 4 to 8 December 2023. Proceeds are allocated
to the shares sold by directors / prescribed officers, as with all employees, based on the outcome of the bulk sale.
2
In terms of the MSR policy, Directors and Prescribed Officers may sell vested shares to cover the taxation and transaction cost on the
LTI award.
The highest and lowest prices, as well as the VWAP price for the days of trading are as follows:
Date Highest Lowest Volume Weighted Average
price price Price
(USD) (USD) (USD)
4 to 8 December 2023 10,8300 9,4300 10,0571
In terms of paragraph 3.66 of the Listings Requirements, the necessary clearance to deal
has been obtained for the transactions set out above.
14 December 2023
Sandton
Equity Sponsor: Merrill Lynch South Africa (Pty) Limited t/a BofA Securities
Debt Sponsor: Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 14-12-2023 03:43:00
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. |
|
