fbpx JSE: SOL - SOLBE1 - Dealings in Securities by Directors of Major Subsidiaries of Sasol | Sasol
Home

JSE: SOL - SOLBE1 - Dealings in Securities by Directors of Major Subsidiaries of Sasol

Publication Date: 
Monday, November 11, 2019

Dealings in Securities by Directors of Major Subsidiaries of Sasol

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”)

DEALINGS IN SECURITIES BY DIRECTORS OF MAJOR SUBSIDIARIES OF SASOL

In compliance with paragraph 3.63 to 3.66 of the JSE Limited Listings Requirements (“Listings
Requirements”), Sasol hereby announces that directors of major subsidiaries of Sasol were, in terms of the
Sasol Long-Term Incentive (LTI) Plan (“Plan”), issued securities in terms of previously accepted LTI awards
made to them in 2016 that have partly vested on the achievement of corporate performance targets at
68,2%. The balance of the award made in 2016 will vest in 2021, subject to the rules of the Plan. Participants
have the option on vesting to elect to receive securities only, to sell sufficient securities to cover their tax
liability and to retain the balance of the securities or to sell all the securities. The dealings are as set out
below.

Vesting date: 30 October 2019
Transaction date: 7 November 2019
Class of securities: Sasol American Depositary Receipts (ADR) each representing one Sasol
ordinary share
Initial issue price per right: USD0,00
Nature of Transaction: Sale of American Depositary Shares on-market pursuant to issuing of
ordinary shares off-market
Nature and extent of interest: Direct beneficial

Surname and Designation Company Number Selling Total value of
initials of Price per the transaction
securities security (USD)
(USD)
Stouder, E T Director Sasol South Africa 4 394 18,72 82 246,45
Limited
Thomas, M Director Sasol Chemicals (USA) 3 168 18,72 59 298,31
LLC
Sasol (USA) Corporation

In terms of paragraph 3.66 of the Listings Requirements, the necessary clearance to deal has been obtained
for all the transactions set out above.

11 November 2019
Sandton

Sponsor: Merrill Lynch South Africa Proprietary Limited

Date: 11/11/2019 02:00:00
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.