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Grant and Acceptance of Share Awards by Directors, Prescribed Officers and the Company Secretary of Sasol
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)
GRANT AND ACCEPTANCE OF SHARE AWARDS BY DIRECTORS, PRESCRIBED
OFFICERS AND THE COMPANY SECRETARY OF SASOL LIMITED 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), it is hereby announced that executive directors, prescribed officers
and the company secretary of Sasol, and directors of its major subsidiaries, have been
granted, and have accepted, conditional share awards in terms of Sasol’s Long-Term
Incentive (LTI) Plan (the Plan).
The Board of Sasol Limited or the Sasol Remuneration Committee (the Committee), as
appropriate, approved the following annual share awards made on 28 August 2023 in
accordance with the rules of the Plan. The vesting of the awards will be subject to service
conditions and, on performance shares, the achievement of corporate performance targets
approved by the Board.
All prescribed officers and executive directors of Sasol must meet minimum shareholding
requirements.
The rules of the Plan are available on the Sasol website at www.sasol.com.
Award date: 28 August 2023
Acceptance date: 7 September 2023
Vesting periods: In respect of performance shares (70% of the award):
50% after 3 years and the balance after 5 years
In respect of time restricted shares (30% of the award):
100% after 5 years
Class of securities: Sasol ordinary shares
Nature of transaction: Annual LTI Award (off-market)
Price per share:1 R0,00
Nature and extent of interest: Direct beneficial
Surname and Company and designation Number of Total value of the
initials shares transaction
(ZAR)2
Baloyi, S Sasol Limited: Prescribed officer 32 325 7 713 391,50
Sasol Oil (Pty) Ltd: Director
Grobler, F R Sasol Limited: Director 86 491 20 638 482,42
Kahla, V D Sasol Limited: Director 38 537 9 195 698,94
Sasol South Africa Limited: Director
Sasol Oil (Pty) Ltd: Director
Mabelane, B P Sasol Limited: Prescribed officer 38 358 9 152 985,96
Sasol Oil (Pty) Ltd: Director
Mokoena, C K Sasol Limited: Prescribed officer 31 655 7 553 516,10
Sasol South Africa Limited: Director
Sasol Oil (Pty) Ltd: Director
Rossouw, H A Sasol Limited: Director 44 086 10 519 801,32
Note 1 Strike price per share is nil. The shares were awarded at R238,62 being the closing price on 25 August 2023.
Note 2 The total transaction value is the price per share multiplied by the number of Sasol ordinary shares / ADRs awarded.
Award date: 28 August 2023
Acceptance date: 7 September 2023
Vesting periods: In respect of performance shares (70% of the award):
50% after 3 years and the balance after 5 years
In respect of time restricted shares (30% of the award):
100% after 5 years
Class of securities: Sasol American Depository Receipts (ADRs)
Nature of transaction: Annual LTI Award (off-market)
Price per ADR:1 US$0,00
Nature and extent of interest: Direct beneficial
Surname and Company and designation Number Total value of
initials of the transaction
shares (USD)2
Griffith, B V Sasol Limited: Prescribed officer 53 337 682 713,60
Sasol Chemicals (USA) LLC: Director
Note 1 Strike price per share is nil. The shares were awarded at US$12,80 being the closing price on 25 August 2023.
Note 2 The total transaction value is the price per share multiplied by the number of Sasol ordinary shares / ADRs awarded.
The following annual share awards have been made to the company secretary of Sasol
Limited and directors of its major subsidiaries:
Award date: 28 August 2023
Acceptance date: 7 September 2023
Vesting periods: a: 50% after 3 years and the balance after 5 years
b: 100% after 3 years
25% to 30% of the award is subject to the achievement
of corporate performance targets to be achieved over
the 3-year performance period
Class of securities: Sasol ordinary shares
Nature of transaction: Annual LTI Award (off-market)
Price per share:1 R0,00
Nature and extent of interest: Direct beneficial
Surname and Company and designation Number Total value of
initials of the transaction
shares (ZAR)2
Baijnath, Ba Sasol South Africa Limited: Director 12 392 2 956 979,04
Sasol Oil (Pty) Ltd: Director
Du Toit, Mb Sasol Limited: Company Secretary 7 505 1 790 843,10
Sasol South Africa Limited: Company Secretary
Laxa, R Ma Sasol South Africa Limited: Director 12 625 3 012 577,50
Mokomela, D Tb Sasol South Africa Limited: Director 7 080 1 689 429.60
Nndwammbi, N Ga Sasol South Africa Limited: Director 10 617 2 533 428,54
Sasol Oil (Pty) Ltd: Director
Powys, M Lb Sasol Oil (Pty) Ltd: Director 5 133 1 224 836,46
Note 1 Strike price per share is nil. The shares were awarded at R238,62 being the closing price on 25 August 2023.
Note 2 The total transaction value is the price per share multiplied by the number of Sasol ordinary shares / ADRs awarded.
Award date: 28 August 2023
Acceptance date: 7 September 2023
Vesting periods: a: 50% after 3 years and the balance after 5 years
b: 100% after 3 years
25% to 30% of the award is subject to the achievement
of corporate performance targets to be achieved over
the 3-year performance period
Class of securities: Sasol American Depository Receipts (ADRs)
Nature of transaction: Annual LTI Award (off-market)
Price per ADR1 US$0,00
Nature and extent of interest: Direct beneficial
Surname and Company and designation Number Total value of
initials of the transaction
shares (USD)2
Stofberg, Nb Sasol Chemicals (USA) LLC: Director 10 579 135 411,20
Stouder, Ea Sasol Chemicals (USA) LLC: Director 19 765 252 992,00
Note 1 Strike price per share is nil. The shares were awarded at US$12,80 being the closing price on 25 August 2023.
Note 2 The total transaction value is the price per share multiplied by the number of Sasol ordinary shares / ADRs awarded.
In terms of paragraph 3.66 of the Listings Requirements, the necessary clearance to deal
has been obtained for the transactions set out above.
31 August 2023
Sandton
Equity Sponsor
Merrill Lynch South Africa Proprietary Limited t/a BofA Securities
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 31-08-2023 04:21:00
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