SASOL LIMITED SASOL KHANYISA
Annual General Meeting
28 October 2023
Copyright ©, 2022, Sasol
PART 1
GROUP STRUCTURE
GROUP STRUCTURE
81,6% | 100% |
Sasol
SSA ordinary shares | Sasol Khanyisa Fundco |
ordinary shares |
Sasol | Sasol Khanyisa | Sasol Khanyisa |
South Africa | Fundco | Public |
9,2% | 9,2% | 100% |
SSA ordinary shares | SSA ordinary shares | Sasol Khanyisa |
ordinary shares |
Sasol Khanyisa
ESOP
Copyright ©, 2022, Sasol | 3 |
PART 2
SHARES
What are shares?
What is the stock exchange?
What can you expect from shares? Dividends
WHAT ARE SHARES?
Ownership of shares | Remember, only Sasol |
in a company, such as | Inzalo shareholders |
Sasol Khanyisa, allows | were eligible to receive |
a shareholder to share | Sasol Khanyisa |
in the profits and risks | Ordinary and Sasol |
of the company. | BEE Ordinary shares. |
Copyright ©, 2022, Sasol | 5 |
WHAT IS THE STOCK EXCHANGE?
A stock exchange | Sasol Ordinary shares | Sasol BEE Ordinary |
provides a market for | (SOL) are listed on the | shares (SOLBE1) are |
buyers and sellers to | Johannesburg Stock | listed on the |
trade their shares in an | Exchange. Shareholders | Empowerment Segment |
orderly and regulated | can freely trade these | of the JSE. These shares |
manner. | shares. | are only traded between |
Black people. |
Sasol Khanyisa's shares cannot be traded until the empowerment period ends
in June 2028 and are therefore not listed on the JSE or the
JSE Empowerment Segment.
Copyright ©, 2022, Sasol | 6 |
SASOL LIMITED SHARES
Shareholders can | Shareholders can | ||
own SOL and or | obtain the trading value | ||
SOLBE1 shares in | of the SOL shares or | ||
Sasol. | SOLBE1 shares on | ||
www.sasol.com | |||
Shareholders are free to trade these SOL or SOLBE1 shares at any stage
Copyright ©, 2022, Sasol | 7 |
SASOL LIMITED SHARES
The SOLBE1 shares were provided to Sasol Khanyisa Public shareholders in 2018 as part of the Sasol Khanyisa transaction.
1 SOLBE1 share = 10
Sasol Khanyisa ordinary shares held.
When Sasol declares and pays a dividend to shareholders, shareholders will receive these dividends as a shareholder of Sasol holding SOL and/ or SOLBE1 shares.
Copyright ©, 2022, Sasol | 8 |
SASOL KHANYISA PUBLIC (RF) LIMITED SHARES
Shareholders can | These shares | The value of these | For every one |
own Sasol Khanyisa | CANNOT be traded | shares is | Sasol Inzalo |
Ordinary shares in | during the 10 year | determined by an | Ordinary share |
Sasol Khanyisa | empowerment | independent | that you held, you |
Public. | period that ends in | valuation performed | received one Sasol |
June 2028. | annually. | Khanyisa Ordinary | |
share. |
If you own Sasol Khanyisa Ordinary shares and Sasol Khanyisa Public declares and pays a dividend to its shareholders, you will receive these dividends.
Copyright ©, 2022, Sasol | 9 |
DIVIDENDS
When a company makes a profit, it may pay its shareholders dividends.
97.5% of | 2.5% trickle |
dividends will | dividend that |
be used to | Sasol Khanyisa |
repay the Sasol | shareholder |
vendor funding | receives |
Dividends attract Dividend | The tax is payable to SARS |
Withholding Tax of 20% as | by the individual or entity. |
per the current tax | |
legislation. |
Copyright ©, 2022, Sasol | 10 |
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Sasol Ltd. published this content on 28 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 October 2023 12:43:11 UTC.
