Go Back Email this Link to a friend

Sasol - Notice Of General Meeting

Release Date: 19/12/2000 08:02:43      Code(s): SOL SOLD
SASOL LIMITED
(INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)
(REGISTRATION NUMBER 1979/003231/06)
("SASOL" OR "THE COMPANY")
NOTICE OF GENERAL MEETING OF SASOL SHAREHOLDERS TO APPROVE PROPOSED AMENDMENTS
TO THE ARTICLES OF ASSOCIATION OF THE COMPANY
NOTICE IS HEREBY GIVEN THAT A MEETING OF MEMBERS OF SASOL LIMITED WILL BE HELD
ON THURSDAY, 18 JANUARY 2001 AT 14:00 IN THE AUDITORIUM, LEVEL 1, SASOL LIMITED
CORPORATE HEAD OFFICE, 1 STURDEE AVENUE, ROSEBANK, JOHANNESBURG TO CONSIDER
AND, IF APPROVED TO PASS WITH OR WITHOUT MODIFICATION THE FOLLOWING SPECIAL
RESOLUTIONS:
SPECIAL RESOLUTION NUMBER 1
RESOLVED THAT, ARTICLE 75(B) OF THE ARTICLES OF ASSOCIATION OF THE COMPANY BE
AND IS HEREBY AMENDED BY DELETING THE REFERENCE IN ARTICLE 75(B) TO "4 (VIER)"
AND BY SUBSTITUTING THEREFORE A REFERENCE TO "5 (VYF)".
REASON FOR AND EFFECT OF SPECIAL RESOLUTION NUMBER 1
THE EFFECT OF SPECIAL RESOLUTION NUMBER 1 IS TO INCREASE THE MAXIMUM NUMBER OF
SALARIED DIRECTORS FROM FOUR TO FIVE. THIS AMENDMENT IS REQUIRED AS A RESULT OF
THE EXPANSION OF THE BUSINESS OF THE SASOL GROUP OF COMPANIES.
SPECIAL RESOLUTION NUMBER 2
RESOLVED THAT, ARTICLE 96 OF THE ARTICLES OF ASSOCIATION OF THE COMPANY BE AND
IS HEREBY AMENDED BY INSERTING THE FOLLOWING WORDS BEFORE THE FULL STOP OF THE
FIRST SENTENCE IN ARTICLE 96: WAARVAN MINSTENS 3 (DRIE) DIREKTEURE
NIE-GESALIE'RDE WERKNEMERS VAN DIE MAATSKAPPY MOET WEES'.
REASON FOR AND EFFECT OF SPECIAL RESOLUTION NUMBER 2
THE EFFECT OF SPECIAL RESOLUTION NUMBER 2 IS THAT THE MINIMUM QUORUM
REQUIREMENT OF ARTICLE 96 OF FIVE DIRECTORS IS QUALIFIED BY AN ADDITIONAL NEW
REQUIREMENT THAT AT LEAST THREE OF THE DIRECTORS CONSTITUTING A QUORUM SHOULD
BE NON-SALARIED DIRECTORS. THIS AMENDMENT IS REQUIRED TO ENSURE THE APPROPRIATE
BALANCE OF EXECUTIVE AND NON-EXECUTIVE DIRECTORS FOR ALL DECISIONS OF THE BOARD
OF DIRECTORS.
SPECIAL RESOLUTION NUMBER 3
RESOLVED THAT, ARTICLE 75(D) BE AND IS HEREBY AMENDED BY DELETING ARTICLE 75(D)
AND BY SUBSTITUTING IT WITH THE FOLLOWING NEW ARTICLE 75(D):
75(D) OP DIE ALGEMENE JAARVERGADERING WAT IN 2001 GEHOU WORD, EN JAARLIKS
DAARNA, SAL MINSTENS 4 (VIER) DIREKTEURE OP DIE ALGEMENE JAARVERGADERING
AFTREE'.
REASON FOR AND EFFECT OF SPECIAL RESOLUTION NUMBER 3
THE EFFECT OF SPECIAL RESOLUTION NUMBER 3 IS THAT AT THE COMPANY'S ANNUAL
GENERAL MEETING IN 2001, AND AT EACH ANNUAL GENERAL MEETING OF THE COMPANY
THEREAFTER, AT LEAST FOUR DIRECTORS RETIRE. THIS AMENDMENT IS REQUIRED TO
ENSURE THAT AT LEAST FOUR DIRECTORS RETIRE AT EACH ANNUAL GENERAL MEETING.
VOTING AND PROXIES
MEMBERS SHALL BE ENTITLED TO ATTEND AND VOTE AT THE MEETING AND MAY IN TERMS OF
SECTION 189 OF THE COMPANIES ACT 1973, APPOINT A PROXY OR PROXIES, TO ATTEND
THE MEETING, SPEAK, AND ON A POLL, VOTE IN THEIR STEAD. A PROXY NEED NOT BE A
MEMBER OF THE COMPANY. THE NOTICE OF THE GENERAL MEETING AND A PROXY FORM WILL
BE POSTED TO SHAREHOLDERS ON OR BEFORE WEDNESDAY, 20 DECEMBER 2000. A PROXY
FORM IS ALSO OBTAINABLE FROM THE COMPANY SECRETARY, SASOL LIMITED, PO BOX 5486,
JOHANNESBURG 2000, AND SHOULD BE FORWARDED TO REACH THE REGISTERED OFFICE OF
THE COMPANY OR THAT OF THE TRANSFER SECRETARIES BEFORE 14:00 ON TUESDAY, 16
JANUARY 2001.
BY ORDER OF THE BOARD
N L JOUBERT
COMPANY SECRETARY
ROSEBANK
18 DECEMBER 2000
SPONSORING BROKER
INVESTEC SECURITIES LIMITED
MEMBER OF THE JSE SECURITIES EXCHANGE SOUTH AFRICA
REGISTRATION NO. 1972/008905/06
ADDRESSES:
BUSINESS ADDRESS AND REGISTERED OFFICE
1 STURDEE AVENUE
ROSEBANK, 2196
POSTAL ADDRESS
PO BOX 5486
JOHANNESBURG, 2000
REPUBLIC OF SOUTH AFRICA
TELEPHONE (011) 441 3111
TELEGRAME  SASOLPERK  JOHANNESBURG
TELEX 42-6778
TELEFAX (011) 441 3229
TRANSFER SECRETARIES
MERCANTILE REGISTRARS LIMITED
FIRST NATIONAL HOUSE
11 DIAGONAL STREET
JOHANNESBURG, 2000
POSTAL ADDRESS
PO BOX 1063, JOHANNESBURG, 2000
REPUBLIC OF SOUTH AFRICA
TELEPHONE +27 (0) 11 370 5000



                                        
Email this JSE Sens Item to a Friend.

Send e-mail to
© 2017 SHARENET (PTY) Ltd, Cape Town, South Africa
Home     Terms & conditions    Privacy Policy
    Security Notice    Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.