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SASOL LIMITED - Dealings In Securities By The Directors And Prescribed Officers Of Sasol Limited And Directors Of Major Subsidiaries

Release Date: 05/11/2024 17:12
Code(s): SOLBE1 SOL     PDF:  
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Dealings In Securities By The Directors And Prescribed Officers Of Sasol Limited And Directors Of Major Subsidiaries

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)

DEALINGS IN SECURITIES BY THE DIRECTORS AND PRESCRIBED OFFICERS OF
SASOL LIMITED AND DIRECTORS OF MAJOR SUBSIDIARIES

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 Directors and Prescribed Officers of Sasol Limited and Directors of
major subsidiaries.

The Directors and Prescribed Officers below have transacted in securities awarded and
accepted in October 2019 (FY20) in terms of the rules of the 2016 LTI plan. This award
represents the second tranche of that award which was subject to three year corporate
performance targets and five year time based vesting criteria.

The 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 of Sasol Limited have to adhere to minimum shareholding requirements
(MSR). The dealings are as set out below.

 Transaction date:                                 30 October 2024
 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)
 Baloyi, S               Sasol Limited: Director                                       2 003               102,05         204 406
 Laxa, R M               Sasol South Africa Limited: Director                          1 875               102,05         191 344
 Wenhold, H              Sasol Limited: Prescribed Officer                             2 434               102,05         248 390
1. Vesting price used to calculate the tax liability, representing closing price on 29 October 2024


 Transaction date:                                        30 October 2024
 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              Selling Price   Total value of
                                                                                    of                 per share           the
                                                                                 shares                 (ZAR)1        transaction
                                                                                                                               (ZAR)
            
    Baloyi, S      Sasol Limited: Director                                          1 886                   100,00           188 600
    Laxa, R M      Sasol South Africa Limited:                                      1 765                   100,00           176 500
                   Director
    Nndwammbi, N G Sasol Oil (Pty) Limited: Director                                2 128                   100,00           212 800
                   Sasol South Africa Limited:
                   Director
             
    Wenhold, H     Sasol Limited: Prescribed Officer                                2 291                   100,00           229 100

1
  Average selling price per share is based on transactions effected by the Company on 30 October 2024. Proceeds are allocated to the
  shares sold by Directors / Prescribed Officers, as with all participants, based on the outcome of the bulk sale.
2
  In terms of the MSR policy, Sasol Limited 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 day of trading are as
follows:

    Date                                                Highest price             Lowest price             Volume Weighted
                                                        (ZAR)                     (ZAR)                    Average Price
                                                                                                           (ZAR)
    30 October 2024                                     100,00                    100,00                   100,00

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

5 November 2024
Sandton

Equity Sponsor: Merrill Lynch South Africa (Pty) Limited t/a BofA Securities

Date: 05-11-2024 05:12:00
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