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SASOL LIMITED - Sasol announcement regarding the earlier re-designation date of Sasol BEE ordinary shares

Release Date: 17/11/2017 17:38
Code(s): SOL SOLBE1     PDF:  
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Sasol announcement regarding the earlier re-designation date of Sasol BEE ordinary shares

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 ANNOUNCEMENT REGARDING THE EARLIER RE-DESIGNATION DATE OF SASOL BEE ORDINARY
SHARES (“SOLBE1 Shares”) AS SASOL ORDINARY SHARES (“SOL Shares”), PURSUANT TO THE
SASOL KHANYISA TRANSACTION


Sasol shareholders are referred to the circular to Sasol shareholders dated
Wednesday, 18 October 2017 (“the Circular”), as well as the announcement of the
results of the general meeting of Sasol shareholders held on Friday, 17 November
2017. Pursuant to the approval by Sasol shareholders of the Sasol Khanyisa
transaction, Sasol shareholders are advised that:


1.    The automatic re-designation of the SOLBE1 Shares as SOL Shares, in terms
      of their existing rights, was originally envisaged to occur on 8 September
      2018;


2.    Sasol’s Memorandum of Incorporation grants Sasol the right to determine an
      earlier date for re-designation; and


3.    As advised in the Circular, for practical reasons, the Sasol Board on Friday,
      17 November 2017, has confirmed that an earlier date for such re-designation
      is required; Sasol has determined this date to be Thursday, 5 April 2018.


17 November 2017

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

United States Legal Advisors
Shearman & Sterling

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