Go Back Email this Link to a friend

Sasol Limited - Retirement Of Lead Independent Director

Release Date: 09/09/2015 16:01:00      Code(s): SOL SOLBE1     
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     US803663006
Sasol BEE Ordinary Share code:   JSE: SOLBE1
Sasol BEE Ordinary ISIN code: ZAE000151817
(?Sasol? or ?the Company?)


RETIREMENT OF LEAD INDEPENDENT DIRECTOR

After eighteen years on the Sasol board of directors (?the
Board?), seven of which have been as the lead independent
director, Professor Jurgen Erich Schrempp, has indicated that
he will step down as director and lead independent director of
the Company at its annual general meeting on 4 December 2015.

Professor Schrempp reached retirement age in the 2014 calendar
year and the Board had then agreed to extend his term until
the end of the 2015 calendar year to ensure continuity on the
Board.

Professor Schrempp said: ?I am very pleased to have served
this great company for nearly two decades and depart with a
sense of pride for leaving behind a great Board to lead Sasol
into the future.?

Dr Mandla Gantsho, the chairman of the Board said: "It?s been
a great pleasure working with Jurgen. I would like to thank
him for his outstanding eighteen-year contribution to Sasol. I
wish Jurgen much success in the future and thank him for the
years of guidance he has given to Sasol. I?m pleased that he
has agreed to continue to support the Board in some important
initiatives,   especially   on  leadership   development   and
succession."

The Board will make an announcement on the appointment of a
lead independent director to succeed Professor Schrempp at the
appropriate time.

9 September 2015
Johannesburg

Sponsor: Deutsche Securities (SA) Proprietary Limited

Date: 09/09/2015 04:01:00 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                             . The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.


                                        
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.