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Results of the Annual General Meeting of Sasol held on 22 November 2013
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” or “the Company”)
RESULTS OF THE ANNUAL GENERAL MEETING OF SASOL HELD ON 22 NOVEMBER 2013
Sasol shareholders are advised that the results of the business conducted at
the annual general meeting held on Friday 22 November 2013 in Parktown,
Johannesburg, South Africa (including a percentage of the total number of
shares voted) are as follows:
1. Annual general meeting
1.1. The audited annual financial statements of the Company, including the
reports of the directors, external auditors, audit committee and the
nomination, governance, social and ethics committee for the financial year
ended 30 June 2013 were presented.
1.2. Ms V N Fakude, Dr M S V Gantsho, Ms I N Mkhize and Mr M J N Njeke
retired by rotation at the meeting in terms of clause 22.2.1 of the Company’s
Memorandum of Incorporation (“Sasol’s MOI”) and were re-elected individually
for a further term of office:
Directors For Against Abstain
V N Fakude 99.96% 0.04% 829,300
M S V Gantsho 98.66% 1.34% 1,265,525
I N Mkhize 99.96% 0.04% 828,478
M J N Njeke 91.12% 8.88% 894,957
1.3. Mr P Victor was appointed by the Board in terms of clause 22.4.1 of
Sasol’s MOI during the course of the year, he retired at the annual general
meeting and was elected for a further term:
Directors For Against Abstain
P Victor 99.97% 0.03% 833,202
1.4. PricewaterhouseCoopers Incorporated was appointed as auditors of the
Company until the next annual general meeting.
For Against Abstain
99.96% 0.04% 616,822
1.5. The members of the audit committee, Mr C Beggs, Ms I N Mkhize, Mr M J N
Njeke and Mr S Westwell were elected individually for the ensuing financial
year in terms of sections 94(4) and 94(5) of the Companies Act, 2008 (“the
Act”), read with Regulation 42 of the Companies Regulations, 2011:
Directors For Against Abstain
C Beggs 99.96% 0.04% 840,619
I N Mkhize 99.97% 0.03% 844,104
M J N Njeke 93.05% 6.95% 840,191
S Westwell 99.97% 0.03% 840,995
1.6. A non-binding advisory endorsement on the Company’s remuneration policy
for the year ending 30 June 2014 was obtained:
For Against Abstain
69.94% 30.06% 8,038,795
1.7. Special Resolution number 1 approving the revised annual remuneration
payable by the Company to non-executive directors of the Company for their
services as directors with effect from 1 July 2013, was approved:
For Against Abstain
93.83% 6.17% 81,812,694
1.8. Special Resolution number 2 to authorise the Board, subject to compliance
with the requirements of Sasol’s MOI, section 48 of the Act and the JSE
Limited Listings Requirements (“Listings Requirements”), to approve the
general repurchase by the Company or purchase by any of its subsidiaries of
any of the Company’s ordinary shares and/or Sasol BEE ordinary shares, was
approved:
For Against Abstain
99.99% 0.01% 3,847,022
1.9. Special Resolution number 3 to authorise the Board to approve the
purchase by the Company of its issued shares from a director and/or a
prescribed officer of the Company, and/or person related to a director or
prescribed officer of the Company, subject to the provisions of Sasol’s MOI,
the Act and the Listings Requirements, was approved:
For Against Abstain
99.39% 0.61% 2,831,685
22 November 2013
Johannesburg
Sponsor: Deutsche Securities (SA) Proprietary Limited
Date: 22/11/2013 12:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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