To view the PDF file, sign up for a MySharenet subscription.

SASOL FINANCING LIMITED - SOLB01-Update on Conference Call Details

Release Date: 11/03/2020 07:40
Code(s): SOLB01     PDF:  
Wrap Text
SOLB01-Update on Conference Call Details

Sasol Financing Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1998/019838/06)
(“Sasol Financing" or “the Issuer”)
(Sasol Limited (“the Guarantor”)

Bond Code: SOLB01 ISIN: ZAG000161308




Update on Sasol’s Conference Call

Sasol was scheduled to host a conference call on Tuesday, 10 March 2020, at 15:00 (SAST) in order
to discuss the recent outcome of the periodic ratings review by S&P Global and Moody’s.

 Given the latest developments where oil prices have declined significantly and increased market
volatility, the conference call will be moved to Tuesday, 17 March 2020, at 15:00 (SAST). This allows
more time to assess the impact of these latest developments on the market and Sasol in particular.

Balance sheet protection remains a key priority. As communicated during the interim financial results,
we continue to actively manage the balance sheet and several steps have already been taken to
mitigate market volatility. This includes our hedging programme to mitigate commodity price
movements and exchange rate exposures. We have hedged our US$/ZAR exchange rate and ethane
exposure, but oil price exposure is not hedged for the remainder of FY20.

Conference call details:

Tuesday, 17 March 2020           Time      Dial-in numbers

South Africa                     15:00     +27 11 535 3600

United Kingdom                   13:00     +44 (0) 333 300 1418

United States (ET)               09:00     +1 508 924 4326

Other countries                              +27 11 535 3600


The transcript will be available from March 20, 2020 at 6:00 PM (SA) on Sasol’s investor relations
website.
If you have any questions, please email: investor.relations@sasol.com or contact Feroza Syed at +27
10 344 9280.

Johannesburg
9 March 2020

Debt Sponsor
The Standard Bank of South Africa Limited

Date: 11-03-2020 07:40:00
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.

Share This Story