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Dealings in securities by directors, prescribed officers and the company secretary

Published: 2023-09-07 18:16:24 ET
<<<  go to JSE:SOL company page
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, Equity issuer)

Sasol Financing Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1998/019838/06)
Company code: SFIE
LEI: 378900A5BC68CC18C276
(Sasol Financing, the Company, Debt issuer)

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

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 the executive directors and prescribed officers of Sasol, its
Company Secretary and directors of its major subsidiaries.

The persons below have transacted in securities awarded and accepted in 2018 in terms
of the rules of the long-term incentive (LTI) plan.

The performance, against the Corporate Performance Targets, of the 2018 LTI award was
assessed and reported at the first vesting date in 2021. The balance of the 2018 award
was subject to an additional two-year service period which has now come to an end.

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. The dealings are as
set out below.

 Transaction date:                 4 September 2023
 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)          (ZAR)
 F R Grobler     Sasol Limited: Director                    2 835        245,11      694 886,85
 C K Mokoena     Sasol Limited: Prescribed officer          1 423        245,11      348 791,53
                 Sasol South Africa Limited: Director
                 Sasol Oil (Pty) Ltd: Director
 Transaction date:                             4 September 2023
 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 shares          per share    the transaction
                                                                                                 (ZAR)*          (ZAR)
 B Baijnath            Sasol South Africa Limited: Director                       1 572            247,4032      388 917,83
                       Sasol Oil (Pty) Ltd: Director
 M du Toit             Sasol Limited: Company Secretary                           1 063             247,4032               262 989,60
                       Sasol South Africa Limited:
                       Company Secretary
 V D Kahla             Sasol Limited: Director                                    2 997             247,4032               741 467,39
                       Sasol Oil (Pty) Ltd: Director
                       Sasol South Africa Limited: Director
 R M Laxa              Sasol South Africa Limited: Director                       1 523             247,4032               376 795,07
 C K Mokoena           Sasol Limited: Prescribed officer                          1 314             247,4032               325 087,81
                       Sasol South Africa Limited: Director
                       Sasol Oil (Pty) Ltd: Director
* Average selling price per share is based on transactions effected by the Company on 4 September 2023. Proceeds are allocated to
  the shares sold by directors / prescribed officers, as with all employees, based on the outcome of the bulk sale.


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 Average Price
                                  (ZAR)                  (ZAR)                  (ZAR)
 4 September 2023                 248,1200               246,5000               247,4032

 Transaction date:                             4 September 2023
 Class of securities:                         Sasol American Depositary Receipts (ADR) each representing one
                                              Sasol ordinary share
 Issue price per share:                       USD0,00
 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              share                 the
                                                                                 shares            (USD)             transaction
                                                                                                                        (USD)
 B V Griffith           Sasol Limited: Prescribed officer                             1 362             13,10            17 842,20
                        Sasol Chemicals (USA) LLC: Director

 Transaction date:                             4 September 2023
 Class of securities:                          Sasol American Depositary Receipts (ADR) each representing one
                                               Sasol ordinary share
 Issue price per share:                        USD0,00
 Nature of transaction:                        Sale of vested shares on-market
 Nature and extent of interest:                Direct beneficial
 Name                       Company and designation                                Number          Selling   Total value of
                                                                                     of           Price per       the
                                                                                   shares           share     transaction
                                                                                                   (USD)*        (USD)
 B V Griffith               Sasol Limited: Prescribed officer                            642         13,3326       8 559,53
                            Sasol Chemicals (USA) LLC: Director
 E Stouder                  Sasol Chemicals (USA) LLC: Director                       1 663           13,3326             22 172,11

* Average selling price per share is based on transactions effected by the Company on 5 September 2023. Proceeds are allocated to
  the shares sold by directors / prescribed officers, as with all employees, based on the outcome of the bulk sale.


The highest and lowest prices, as well as the VWAP price for the day of trading are as follows:

 Date                                                     Highest           Lowest              Volume Weighted Average
                                                          price             price               Price
                                                          (USD)             (USD)               (USD)
 5 September 2023                                         13,500            13,0700             13,3326


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

7 September 2023
Sandton

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

Debt Sponsor: Rand Merchant Bank (A division of FirstRand Bank Limited)