Joint announcement regarding results of free share allocation

 In SENS

JOINT ANNOUNCEMENT REGARDING RESULTS OF FREE SHARE ALLOCATION

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“)

 

Sasol Inzalo Public (RF) Limited

(Incorporated in the Republic of South Africa)

(Registration number 2007/030646/06)
Sasol Inzalo Public Ordinary Share code: JSE: SIPBEE
Sasol Inzalo Public Ordinary ISIN: ZAE000210050

(“Sasol Inzalo Public“)

 

Sasol Khanyisa Public (RF) Limited

(Incorporated in the Republic of South Africa)

(Registration number 2017/663901/06)
(“Sasol Khanyisa Public“)

 

JOINT ANNOUNCEMENT REGARDING RESULTS OF FREE SHARE ALLOCATION

  1. We refer to the joint SENS announcement published on Friday, 6 April 2018 relating to the Free Share Allocation as more fully described therein.
  2. The following are the results of the Free Share Allocation –
    • 2 holders of Sasol BEE Ordinary Shares (“SOLBE1 Shares”) validly rejected the Free Share Allocation;
    • 77 holders of Sasol Inzalo Public Ordinary Shares (“SIPBEE Shares”) validly rejected the Free Share Allocation; and
    • no holders of Sasol Inzalo Groups (RF) Limited (“Sasol Inzalo Groups”) ordinary shares rejected the Free Share Allocation,

      and accordingly:

    • 2 973 021 additional SOLBE1 Shares will be issued to these SOLBE1 and SIPBEE shareholders and Sasol Inzalo Groups shareholders on Friday, 1 June 2018 which can be freely traded on the JSE from such date, bringing the total number of issued SOLBE1 Shares available for trade on the JSE on Friday, 1 June 2018 to 3 935 298. This number excludes the SOLBE1 Shares that will be issued on Friday, 1 June 2018 to those participants in Tier 1 of the Sasol Khanyisa Employee Share Ownership Plan Trust who have elected to acquire vested rights in SOLBE1 Shares;
    • 26 503 642 Sasol Khanyisa Public ordinary shares will be issued to these SOLBE1 and SIPBEE shareholders and Sasol Inzalo Groups shareholders on Friday, 1 June 2018 which shares cannot be disposed of at all.

Sandton

23 May 2018

 

Sponsor

Deutsche Securities (SA) Proprietary Limited

 

Sole Financial Advisor

Rothschild (South Africa) Proprietary Limited

 

Joint South African Legal Advisors

Edward Nathan Sonnenbergs Inc

Poswa Inc

 

US Legal Advisors

Shearman & Sterling

 

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