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Dealings in Securities by Directors of Sasol and Directors of Major Subsidiaries 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” or “Company”)
DEALINGS IN SECURITIES BY DIRECTORS OF SASOL AND DIRECTORS OF MAJOR
SUBSIDIARIES OF SASOL
In compliance with paragraph 3.63 to 3.66 of the JSE Limited Listings Requirements
(“Listings Requirements”), Sasol hereby announces that directors of Sasol, and directors of
major subsidiaries of Sasol have, in terms of the Sasol Long-Term Incentive Plan (“Plan”),
been issued shares in terms of previously accepted LTI grants as follows:
- 2015 award (balance vested) at the achievement of corporate performance targets of
47% (GEC) and 68,2% (SVP and lower) respectively which were achieved over the
performance period 2015 - 2018. The balance of 50% of these vested shares were
subject to a 2 year time period.
- 2017 (50% of the award) at the achievement of corporate performance targets of
26% (GEC) and 56% (SVP and lower) respectively which were achieved over the
performance period 2017 - 2020. The balance of these shares (after application of
the performance targets), will vest in 2022 subject to the rules of the Plan.
Participants have the option to retain all shares, sell sufficient shares to cover the tax
liability and retain the balance of shares or to sell the vested shares. The dealings are as
set out below.
Vesting date: 6 October 2020
Class of shares: Sasol ordinary shares
Initial issue price per right: R0,00
Nature of Transaction: Retention of vested shares off-market
Nature and extent of interest: Direct beneficial
Surname and Designation Company Number Price per Total value
initials of share of the
shares (ZAR) transaction
(ZAR)
Baijnath, B Director Sasol South Africa 983 123,03 120 938,49
Limited
Brand, H C Prescribed Sasol Limited 1 391 123,03 171 134,73
Officer
Grobler, F R Director Sasol Limited 3 961 123,03 487 321,83
Kahla, V D Director Sasol Limited 4 557 123,03 560 647,71
Sasol South Africa
Limited
Sasol (USA)
Corporation
Sasol Oil (Pty) Ltd
Khoele, G L Director Sasol Oil (Pty) Ltd 881 123,03 108 389,43
Laxa, R M Director Sasol South Africa 1 915 123,03 235 602,45
Limited
Mokoena, C K Director Sasol South Africa 3 468 123,03 426 668,04
Limited
Sasol Oil (Pty) Ltd
Solomon, M S Director Sasol South Africa 1 715 123,03 210 996,45
Limited
Victor, P Director Sasol Limited 3 572 123,03 439 463,16
Sasol (USA)
Corporation
Vilakazi, P M Director Sasol South Africa 1 000 123,03 123 030,00
Limited
Sasol Oil (Pty) Ltd
Vesting date: 6 October 2020
Transaction date: 6 October 2020 to 8 October 2020
Class of shares: Sasol ordinary shares
Initial issue price per right: R0,00
Nature of Transaction: Sale of vested shares on-market
Nature and extent of interest: Direct beneficial
Surname and Designation Company Number Average Total value
initials of Selling of the
shares Price per transaction
share (ZAR)
(ZAR)*
Baijnath, B Director Sasol South Africa 907 123,00 111 563,99
Limited
Booley, T Director Sasol South Africa 5 869 123,00 721 906,37
Limited
Sasol Oil (Pty)
Ltd
Brand, H C Prescribed Sasol Limited 1 284 123,00 157 936,24
Officer
Grobler, F R Director Sasol Limited 3 653 123,00 449 331,05
Kahla, V D Director Sasol Limited 4 205 123,00 517 228,88
Sasol South Africa
Limited
Sasol (USA)
Corporation
Sasol Oil (Pty)
Ltd
Khoele, G L Director Sasol Oil (Pty) Ltd 812 123,00 99 878,68
Klingenberg, B E Director Sasol Chemicals 10 243 123,00 1 259 922,80
(USA) LLC
Sasol Oil (Pty)
Ltd
Laxa, R M Director Sasol South Africa 1 767 123,00 217 346,83
Limited
Mokoena, C K Director Sasol South Africa 3 200 123,00 393 610,56
Limited
Sasol Oil (Pty) Ltd
Nndwammbi, N Director Sasol South Africa 1 656 123,00 203 693,46
G Limited
Sasol Oil (Pty) Ltd
Solomon, M S Director Sasol South Africa 1 582 123,00 194 591,22
Limited
Stofberg, N Director Sasol Chemicals 2 407 123,00 296 068,94
(USA) LLC
Victor, P Director Sasol Limited 3 296 123,00 405 418,88
Sasol (USA)
Corporation
Vilakazi, P M Director Sasol South Africa 922 123,00 113 409,04
Limited
Sasol Oil (Pty) Ltd
* Average selling price per share is based on transactions effected by the Company over a period of three days. The shares were allotted
on the day of vesting and immediately sold by means of a bulk sale with effect from the vesting date. Proceeds are allocated to the
shares sold by directors, as with all employees, based on the outcome of the bulk sale, which concluded on 8 October 2020.
The highest and lowest prices, as well as VWAP prices for each day were as follows:
Date Highest price Lowest price Volume Weighted Average Price
6 October 2020 122.60 122.00 122.0060
7 October 2020 122.25 122.25 122.2500
8 October 2020 127.85 124.30 124.6346
In terms of paragraph 3.66 of the Listings Requirements, the necessary clearance to deal
has been obtained for all the transactions set out above.
12 October 2020
Sandton
Sponsor: Merrill Lynch South Africa Proprietary Limited
Date: 12-10-2020 08:00:00
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