Grant And Acceptance Of Share Awards By Directors, Prescribed Officers And The Company Secretary
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 the Company)
GRANT AND ACCEPTANCE OF SHARE AWARDS BY DIRECTORS, PRESCRIBED
OFFICERS AND THE COMPANY SECRETARY OF SASOL LIMITED AND DIRECTORS
OF MAJOR SUBSIDIARIES OF SASOL LIMITED
In compliance with paragraphs 3.63 to 3.66 of the JSE Limited Listings Requirements
(Listings Requirements), it is hereby announced that executive directors, prescribed officers
and the company secretary of Sasol, and directors of its major subsidiaries, have been
granted, and have accepted, conditional share awards in terms of Sasol’s Long-Term
Incentive (LTI) Plan (the Plan).
The Board of Sasol Limited or the Sasol Remuneration Committee (the Committee), as
appropriate, approved the following annual share awards made on 10 November 2022 in
accordance with the rules of the Plan. The vesting of the awards will be subject to service
conditions and, on performance shares, the achievement of corporate performance targets
approved by the Board.
All prescribed officers and executive directors of Sasol must meet minimum shareholding
requirements.
The rules of the Plan are available on the Sasol website at www.sasol.com.
Award date: 10 November 2022
Acceptance date: 23 November 2022
Vesting periods: In respect of performance shares (65% of the award):
50% after 3 years and the balance after 5 years
In respect of time restricted shares (35% of the award):
100% after 5 years
Class of securities: Sasol ordinary shares
Nature of transaction: Annual LTI Award (off-market)
Price per share:1 R0,00
Nature and extent of interest: Direct beneficial
Surname and Company and designation Number Total value of
initials of the transaction
shares (ZAR)2
Baloyi, S Sasol Limited: Prescribed officer 10 681 3 249 694,25
Sasol Oil (Pty) Ltd: Director
Brand, H C Sasol Limited: Prescribed officer 24 060 7 320 255,00
Grobler, F R Sasol Limited: Director 57 976 17 639 198,00
Kahla, V D Sasol Limited: Director 28 728 8 740 494,00
Sasol South Africa Limited: Director
Sasol Oil (Pty) Ltd: Director
Mabelane, B P Sasol Limited: Prescribed officer 28 595 8 700 028,00
Sasol Oil (Pty) Ltd: Director
Mokoena, C K Sasol Limited: Prescribed officer 23 598 7 179 691,50
Sasol South Africa Limited: Director
Sasol Oil (Pty) Ltd: Director
Note 1 Strike price per share is nil. The shares were awarded at R304,25 being the closing price on 9 November 2022.
Note 2 The total transaction value is the price per share multiplied by the number of Sasol ordinary shares / ADRs awarded.
Award date: 10 November 2022
Acceptance date: 23 November 2022
Vesting periods: In respect of performance shares (65% of the award):
50% after 3 years and the balance after 5 years
In respect of time restricted shares (35% of the award):
100% after 5 years
Class of securities: Sasol American Depository Receipts (ADRs)
Nature of transaction: Annual LTI Award (off-market)
Price per ADR:1 US$0,00
Nature and extent of interest: Direct beneficial
Surname and Company and designation Number Total value of
initials of the transaction
shares (USD)2
Griffith, B V Sasol Limited: Prescribed officer 37 603 632 106,43
Sasol Chemicals (USA) LLC: Director
Note 1 Strike price per share is nil. The shares were awarded at US$16,81 being the closing price on 9 November 2022.
Note 2 The total transaction value is the price per share multiplied by the number of Sasol ordinary shares / ADRs awarded.
The following annual share awards have been made to the company secretary of Sasol
Limited and directors of its major subsidiaries:
Award date: 10 November 2022
Acceptance date: 23 November 2022
Vesting periods: a: 50% after 3 years and the balance after 5 years
b: 100% after 3 years
25% - 30% of the award is subject to the achievement
of corporate performance targets to be achieved over
the 3-year performance period
Class of securities: Sasol ordinary shares
Nature of transaction: Annual LTI Award (off-market)
Price per share:1 R0,00
Nature and extent of interest: Direct beneficial
Surname and Company and designation Number Total value of
initials of the transaction
shares (ZAR)2
Baijnath, Ba Sasol South Africa Limited: Director 9 792 2 979 216,00
Sasol Oil (Pty) Ltd: Director
Du Toit, Mb Sasol Limited: Company Secretary 5 328 1 621 044,00
Sasol South Africa Limited: Company Secretary
Khoele, G Lb Sasol Oil (Pty) Ltd: Director 4 710 1 433 017,50
Laxa, R Ma Sasol South Africa Limited: Director 8 942 2 720 603,50
Mokomela, D Tb Sasol South Africa Limited: Director 5 543 1 686 457,75
Nndwammbi, N Ga Sasol South Africa Limited: Director 8 233 2 504 890,25
Sasol Oil (Pty) Ltd: Director
Powys, M Lb Sasol Oil (Pty) Ltd: Director 4 007 1 219 129,75
Vilakazi, P Ma Sasol Oil (Pty) Ltd: Director 7 413 2 255 405,25
Sasol South Africa Limited: Director
Note 1 Strike price per share is nil. The shares were awarded at R304,25 being the closing price on 9 November 2022.
Note 2 The total transaction value is the price per share multiplied by the number of Sasol ordinary shares / ADRs awarded.
Award date: 10 November 2022
Acceptance date: 23 November 2022
Vesting periods: a: 50% after 3 years and the balance after 5 years
b: 100% after 3 years
25% - 30% of the award is subject to the achievement
of corporate performance targets to be achieved over
the 3-year performance period
Class of securities: Sasol American Depository Receipts (ADRs)
Nature of transaction: Annual LTI Award (off-market)
Price per ADR1 US$0,00
Nature and extent of interest: Direct beneficial
Surname and Company and designation Number Total value of
initials of the transaction
shares (USD)2
Stofberg, Nb Sasol Chemicals (USA) LLC: Director 7 687 129 218,47
Stouder, Ea Sasol Chemicals (USA) LLC: Director 15 051 253 007,31
Note 1 Strike price per share is nil. The shares were awarded at US$16,81 being the closing price on 9 November 2022.
Note 2 The total transaction value is the price per share multiplied by the number of Sasol ordinary shares / ADRs awarded.
In terms of paragraph 3.66 of the Listings Requirements, the necessary clearance to deal
has been obtained for the transactions set out above.
16 November 2022
Sandton
Sponsor: Merrill Lynch South Africa (Pty) Limited t/a BofA Securities
Date: 16-11-2022 04:58:00
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.