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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: 03/10/2024 14:51
Code(s): SOL SOLBE1     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.

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
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