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Sasol Khanyisa Public (RF) Limited declares first dividend, releases interim financial results to half year ended 31 December 2018

Date: 
29 March 2019

Johannesburg, South Africa – Sasol Khanyisa Public (RF) Limited (Sasol Khanyisa) is pleased to announce that the Board of Directors has declared a maiden interim dividend of R0.28 (twenty eight cents) (before tax) per ordinary Sasol Khanyisa share. 

After dividend withholding tax, a net dividend of R0.22 per share will be deposited into shareholders’ bank accounts from 1 April 2019. The total value of dividend you will receive is calculated by the net dividend multiplied by the number of shares you hold. [example: 200 shares x R0.22 dividend per share = R44.00 total dividend]

Sasol Khanyisa received a dividend from Sasol South Africa Limited, the underlying investment of Sasol Khanyisa. In terms of the agreement between Sasol Khanyisa and Sasol South Africa Limited, only 2,5% (trickle dividend) of the amount Sasol Khanyisa receives may be declared to ordinary shareholders. The remaining 97,5% of the dividend, after costs, is used to settle interest and pay down the vendor funding provided by Sasol.

The interim financial results of Sasol Khanyisa Public (RF) Limited for the six months ended 31 December 2018 are available on www.sasolkhanyisa.com, together with information on Sasol South Africa Limited, the entity in which Sasol Khanyisa Public (RF) Limited is invested.

The Call Centre: 0800 000 222 (South African calls) | +27(0)11 370 7700 (International calls); Or E-mail: sasolkhanyisa@computershare.co.za.

 

Sasol may, in this document, make certain statements that are not historical facts that 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, executing our growth projects (including LCCP), oil and gas reserves and cost reductions, including in connection with our BPEP, RP and our business performance outlook. Words such as “believe”, “anticipate”, “expect”, “intend", “seek”, “will”, “plan”, “could”, “may”, “endeavour”, “target”, “forecast” 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 on Form 20-F filed on 28 August 2018 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.
 
Please note: One billion is defined as one thousand million. bbl – barrel, bscf – billion standard cubic feet, mmscf – million standard cubic feet, oil references brent crude, mmboe – million barrels oil equivalent. All references to years refer to the financial year 30 June. Any reference to a calendar year is prefaced by the word “calendar”.