SASOL INZALO PUBLIC (RF) LIMITED - Joint announcement regarding results of free share allocation

Release Date: 23/05/2018 07:05
Code(s): SIPBEE SOL SOLBE1
 
Wrap Text
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 -


        2.1.    2 holders of Sasol BEE Ordinary Shares (“SOLBE1 Shares”) validly rejected the Free Share
                Allocation;


        2.2.    77 holders of Sasol Inzalo Public Ordinary Shares (“SIPBEE Shares”) validly rejected the Free
                Share Allocation; and


        2.3.    no holders of Sasol Inzalo Groups (RF) Limited (“Sasol Inzalo Groups”) ordinary shares
                rejected the Free Share Allocation,


        and accordingly:


        2.4.    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
Error! No document variable supplied.                                                                2


                  the Sasol Khanyisa Employee Share Ownership Plan Trust who have elected to acquire
                  vested rights in SOLBE1 Shares;


         2.5.     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

Date: 23/05/2018 07:05:00 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.

Share This Story