Announcement regarding suspension of SIPBEE shares
ANNOUNCEMENT REGARDING SUSPENSION OF SIPBEE SHARES
7 May 2018
Media Release: ANNOUNCEMENT REGARDING SUSPENSION OF SIPBEE SHARES
1. We refer to the SENS announcement published on Friday, 6 April 2018 regarding the suspension of SIPBEE Shares when it was announced that trading in SIPBEE Shares on the BEE Segment of the JSE would be suspended from Wednesday, 9 May 2018 until they were delisted on or about Friday, 7 September 2018 in accordance with the terms of their listing on the BEE Segment on 1 December 2015. The board of Sasol Inzalo, having reconsidered the matter and that it would be in the best interests of the shareholders and the Company, has resolved that the suspension should endure only until the close of trade on Thursday, 31 May 2018. The JSE has agreed accordingly to lift the suspension on that basis.
2. Trading in SIPBEE Shares on the BEE Segment of the JSE will be suspended from Wednesday, 9 May 2018 until the close of trade on Thursday, 31 May 2018. Suspension in SIPBEE shares will be lifted at commencement of business on Friday, 1 June 2018 on the BEE Segment and will again be suspended on Tuesday, 4 September 2018 until such shares are delisted on Friday, 7 September 2018.
3. Detailed factual information, which has previously been made available, concerning Sasol Inzalo, which will enable the market to price the SIPBEE Shares appropriately, will be published shortly before the suspension is due to be lifted on Friday, 1 June 2018.
Alex Anderson, Head of Group Media Relations
Direct telephone: +27 (0) 10 344 6509; Mobile: +27 (0) 71 600 9605;
Matebello Motloung, Senior Specialist: Media Relations
Direct telephone: +27 (0) 11 344 9256, Mobile: +27 (0) 82 773 9457