Wrap Text
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.
For Sasol Limited Executive directors, Prescribed Officers and Senior Vice Presidents the
award for financial year (FY) 2022 partly vested at the achievement of corporate
performance targets (CPTs) as applicable to the award. The balance of the long-term
incentive (LTI) award made in FY22 will vest in FY27 subject to the rules of the Plan. For
other participants, the full award vests in FY25, subject to the achievement of targets.
The Directors and Prescribed Officers below have transacted in securities awarded and
accepted in FY22 in terms of the rules of the 2016 LTI plan. These awards are annual
awards and carry Corporate Performance and time based vesting Targets.
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: 27 September 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)
S Baloyi Sasol Limited: Director 3 665 113,87 417 334
Bruns, W P Sasol Limited: Director 3 104 113,87 353 452
Sasol Oil (Pty) Limited: Director
Sasol South Africa Limited: Director
Laxa, L M Sasol South Africa Limited: Director 4 308 113,87 490 552
Pillay, S D Sasol Limited: Prescribed Officer 3 248 113,87 369 850
Powys, M Sasol Oil (Pty) Ltd: Director 2 836 113,87 322 935
Wenhold, H Sasol Limited: Prescribed Officer 5 592 113,87 636 761
1. Vesting price
Transaction date: 27 September 2024
Class of securities: Sasol American Depositary Receipts (ADR) each representing
one Sasol ordinary share
Issue price per share: $0,00
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)
Herrmann, C H Sasol Limited: Prescribed Officer 4 773 6,72 32 075
Sasol Oil (Pty) Limited: Director
1. Vesting price
Transaction date: 27 September 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 transaction
shares (ZAR)1 (ZAR)
Baloyi, S3 Sasol Limited: Director 3 451 114,4986 395 135
Bruns, W P Sasol Limited: Director 2 923 114,4986 334 679
Sasol Oil (Pty) Limited: Director
Sasol South Africa Limited: Director
Kahla, V D2 Sasol Limited: Director 13 916 114,4986 1 593 363
Sasol Oil (Pty) Limited: Director
Sasol South Africa Limited: Director
Laxa, L M Sasol South Africa Limited: Director 4 506 114,4986 464 406
Mokoena, C K2 Sasol Limited: Prescribed Officer 11 431 114,4986 1 308 833
Sasol Oil (Pty) Limited: Director
Sasol South Africa Limited: Director
Mokomela, D T Sasol South Africa Limited: Director 6 868 114,4986 786 376
Moloi, D C Sasol Oil (Pty) Limited: Director 5 641 114,4986 645 887
Nndwammbi, N G Sasol Oil (Pty) Limited: Director 6 994 114,4986 800 803
Sasol South Africa Limited: Director
Pillay, S D3 Sasol Limited: Prescribed Officer 3 058 114,4986 350 137
Powys, M Sasol Oil (Pty) Ltd: Director 2 669 114,4986 305 597
Stofberg, N Sasol Chemicals USA LLC 9 374 114,4986 1 073 310
Wenhold, H3 Sasol Limited: Prescribed Officer 5 265 114,4986 602 835
1
Average selling price per share is based on transactions effected by the Company on 27 September 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
Executives have achieved the required level of minimum shareholding and are therefore 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 day of trading are as
follows:
Date Highest price Lowest price Volume Weighted
(ZAR) (ZAR) Average Price
(ZAR)
27 September 2024 116,10 113,03 114,4986
Transaction date: 27 September 2024
Class of securities: Sasol American Depositary Receipts (ADR) each
representing one Sasol ordinary share
Issue price per share: $0,00
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 shares per share the transaction
(USD)1 (USD)
Herrmann, C H2 Sasol Limited: Prescribed Officer 4 968 6,7325 33 436
Sasol Oil (Pty) Limited: Director
1
Average selling price per share is based on transactions effected by the Company on 27 September 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, 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)
27 September 2024 6,77 6,69 6,7325
In terms of paragraph 3.66 of the Listings Requirements, the necessary clearance to deal
has been obtained for the transactions set out above.
3 October 2024
Sandton
Equity Sponsor: Merrill Lynch South Africa (Pty) Limited t/a BofA Securities
Date: 03-10-2024 02:51:00
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.