Grant and Acceptance of Conditional Share Awards
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” or “Company”)
GRANT AND ACCEPTANCE OF CONDITIONAL SHARE AWARDS BY DIRECTORS
AND THE COMPANY SECRETARY OF SASOL, AND DIRECTORS AND THE
COMPANY SECRETARY OF TWO MAJOR SUBSIDIARIES OF SASOL
In compliance with paragraphs 3.63 to 3.66 of the JSE Limited
Listings Requirements, Sasol hereby announces that the
directors and the Company Secretary of Sasol, and directors
and the Company Secretary of two major subsidiaries of Sasol,
have been granted, and have accepted, conditional share awards
in terms of the Sasol Long-Term Incentive Plan (“the Plan”
and/or “LTI”, as appropriate).
The Board or the Sasol Remuneration Committee, as appropriate,
approved the share awards made on 22 September 2017. In terms
of the rules of the Plan, the participants have to decline
such an award within ten business days after the award date,
failing which the award will be deemed to have been accepted.
The rules of the LTI Plan are available on the Sasol website
<a href="http://www.sasol.com" target="_blank">www.sasol.com</a>.
Company Secretary, Sasol V D Kahla
Limited
Director
Subsidiaries Sasol South Africa (Pty) Ltd and
Sasol (USA) Corporation
Award date 22 September 2017
Deemed Acceptance date 9 October 2017
Number of securities 17 548
Class of securities Sasol ordinary shares
Vesting periods 50% after 3 years and the balance
after 5 years
Nature of transaction Annual LTI Award (off-market)
Price per share* R378
Total value of transaction* R6 633 144
Nature and extent of
director’s interest Direct beneficial
Clearance obtained Yes
Director P Victor
Company Sasol Limited
Subsidiary Sasol (USA) Corporation
Sasol (USA) Corporation
Award date 22 September 2017
Deemed Acceptance date 9 October 2017
Number of securities 25 396
Class of securities Sasol ordinary shares
Vesting periods 50% after 3 years and the balance
after 5 years
Nature of transaction Annual LTI Award (off-market)
Price per share* R378
Total value of transaction* R9 599 688
Nature and extent of
director’s interest Direct beneficial
Clearance obtained Yes
Director B Baijnath
Subsidiary Sasol South Africa (Pty) Ltd
Award date 22 September 2017
Deemed Acceptance date 9 October 2017
Number of securities 5 172
Vesting periods 50% after 3 years and the balance
after 5 years
Class of securities Sasol ordinary shares
Nature of transaction Annual LTI Award (off-market)
Price per share* R378
Total value of transaction* R1 955 016
Nature and extent of
director’s interest Direct beneficial
Clearance obtained Yes
Director F R Grobler
Subsidiary Sasol South Africa (Pty) Ltd
Award date 22 September 2017
Deemed Acceptance date 9 October 2017
Number of securities 16 109
Vesting periods 50% after 3 years and the balance
after 5 years
Class of securities Sasol ordinary shares
Nature of transaction Annual LTI Award (off-market)
Price per share* R378
Total value of transaction* R6 089 202
Nature and extent of
director’s interest Direct beneficial
Clearance obtained Yes
Company Secretary, Sasol F Hoosain
South Africa (Pty) Ltd
Award date 22 September 2017
Deemed Acceptance date 9 October 2017
Number of securities 5 856
Vesting periods 50% after 3 years and the balance
after 5 years
Class of securities Sasol ordinary shares
Nature of transaction Annual LTI Award (off-market)
Price per share* R378
Total value of transaction* R2 213 568
Nature and extent of
director’s interest Direct beneficial
Clearance obtained Yes
Director B E Klingenberg
Subsidiary Sasol South Africa (Pty) Ltd
Award date 22 September 2017
Deemed Acceptance date 9 October 2017
Number of securities 20 945
Vesting periods 50% after 3 years and the balance
after 5 years
Class of securities Sasol ordinary shares
Nature of transaction Annual LTI Award (off-market)
Price per share* R378
Total value of transaction* R7 917 210
Nature and extent of
director’s interest Direct beneficial
Clearance obtained Yes
Director R M Laxa
Subsidiary Sasol South Africa (Pty) Ltd
Award date 22 September 2017
Deemed Acceptance date 9 October 2017
Number of securities 6 344
Class of securities Sasol ordinary shares
Vesting periods 50% after 3 years and the balance
after 5 years
Nature of transaction Annual LTI Award (off-market)
Price per share* R378
Total value of transaction* R2 398 032
Nature and extent of
director’s interest Direct beneficial
Clearance obtained Yes
Director F E J Malherbe
Subsidiary Sasol South Africa (Pty) Ltd
Award date 22 September 2017
Deemed Acceptance date 9 October 2017
Number of securities 7 320
Class of securities Sasol ordinary shares
Vesting periods 50% after 3 years and the balance
after 5 years
Nature of transaction Annual LTI Award (off-market)
Price per share* R378
Total value of transaction* R2 766 960
Nature and extent of
director’s interest Direct beneficial
Clearance obtained Yes
Director M Sieberhagen
Subsidiary Sasol South Africa (Pty) Ltd
Award date 22 September 2017
Deemed Acceptance date 9 October 2017
Number of securities 7 320
Vesting periods 50% after 3 years and the balance
after 5 years
Class of securities Sasol ordinary shares
Nature of transaction Annual LTI Award (off-market)
Price per share* R378
Total value of transaction* R2 766 960
Nature and extent of
director’s interest Direct beneficial
Clearance obtained Yes
Director L J Fourie
Subsidiary Sasol South Africa (Pty) Ltd
Award date 22 September 2017
Deemed acceptance date 9 October 2017
Number of securities 6 344
Vesting periods 50% after 3 years and the balance
after 5 years
Class of securities Sasol ordinary shares
Nature of transaction Annual LTI Award (off-market)
Price per share* R378
Total value of transaction* R2 398 032
Nature and extent of
director’s interest Direct beneficial
Clearance obtained Yes
Director B Nqwababa
Company Sasol Limited
Award date 22 September 2017
Deemed Acceptance date 9 October 2017
Number of securities 42 328
Vesting periods 50% after 3 years and the balance
after 5 years
Class of securities Sasol ordinary shares
Nature of transaction Annual LTI Award (off-market)
Price per share* R378
Total value of transaction* R15 999 984
Nature and extent of
director’s interest Direct beneficial
Clearance obtained Yes
Director S R Cornell
Company Sasol Limited
Award date 22 September 2017
Deemed Acceptance date 9 October 2017
Number of securities 42 372
Vesting periods 50% after 3 years and the balance
after 5 years
Class of securities Sasol American Depository
Receipts
Nature of transaction Annual LTI Award (off-market)
Price per share* US$28.32
Total value of transaction* US$1 199 975
Nature and extent of
director’s interest Direct beneficial
Clearance obtained Yes
Director B V Griffith
Subsidiary Sasol South Africa (Pty) Ltd
Award date 22 September 2017
Deemed Acceptance date 9 October 2017
Number of securities 8 578
Vesting periods 50% after 3 years and the balance
after 5 years
Class of securities Sasol American Depository
Receipts
Nature of transaction Annual LTI Award (off-market)
Price per share* US$28.32
Total value of transaction* US$242 929
Nature and extent of
director’s interest Direct beneficial
Clearance obtained Yes
Director P R Manoogian
Subsidiary Sasol South Africa (Pty) Ltd
Award date 22 September 2017
Deemed Acceptance date 9 October 2017
Number of securities 11 303
Vesting periods 50% after 3 years and the balance
after 5 years
Class of securities Sasol American Depository
Receipts
Nature of transaction Annual and Special Retention LTI
Awards(off-market)
Price per share* US$28.32
Total value of transaction* US$320 101
Nature and extent of
director’s interest Direct beneficial
Clearance obtained Yes
Director M Thomas
Subsidiary Sasol (USA) Corporation
Award date 22 September 2017
Deemed Acceptance date 9 October 2017
Number of securities 6 559
Vesting periods 50% after 3 years and the balance
after 5 years
Class of securities Sasol American Depository
Receipts
Nature of transaction Annual LTI Award (off-market)
Price per share* US$28.32
Total value of transaction* US$185 751
Nature and extent of
director’s interest Direct beneficial
Clearance obtained Yes
*Strike price per share is nil. The Price per share indicated
is the closing price of the Sasol Ordinary Share / ADR on 21
September 2017, the day before the grant was made (R378 or
US$28.32) which was used to calculate the number of shares /
ADRs.
The total transaction value is the Price per share multiplied
by the number of shares / ADRs awarded.
12 October 2017
Johannesburg
Sponsor: Deutsche Securities (SA) Proprietary Limited
Date: 12/10/2017 04:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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