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SASOL LIMITED - Dealings in Securities by a Director of a Major Subsidiary of Sasol Limited

Release Date: 26/11/2024 16:29
Code(s): SOL SOLBE1     PDF:  
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Dealings in Securities by a Director of a Major Subsidiary of Sasol Limited

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, the Company, Equity issuer)


DEALINGS IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY OF SASOL
LIMITED

In compliance with paragraphs 3.63 to 3.66 of the JSE Limited Listings Requirements
(Listings Requirements), the following information is disclosed relating to dealings in
securities of Sasol by a director of a major subsidiary of Sasol Limited.

The FY22 award partly vested at the achievement of corporate performance targets as
applicable to the award. The balance of the LTI award made in FY22 will vest in FY27
subject to the rules of the Plan.

The director below has transacted in securities awarded and accepted in FY22 in terms of
the rules of the 2016 long-term incentive (LTI) plan. This award carries corporate
performance and time based vesting targets.

Participants have the option to retain all shares; sell sufficient shares to cover the tax
liability and retain the balance thereof; or, to sell the vested shares. The dealings are as set
out below.

    Transaction date:                                    22 November 2024
    Class of securities:                                 Sasol ordinary shares
    Issue price per share:                               R0,00
    Nature of transaction:                               Sale of vested shares on-market
    Nature and extent of interest:                       Direct beneficial

    Surname and               Company and designation                         Number           Selling Price  Total value of
    initials                                                                 of shares          per share    the transaction
                                                                                                  (ZAR)1          (ZAR)
    Bengu, D                  Director: Sasol Oil (Pty) Ltd                        8 065              96,982         782 160
1
    Average selling price per share is based on transactions effected by the Company on 22 November 2024. Proceeds are allocated to the
    shares sold by Directors / Prescribed Officers, as with all participants, based on the outcome of the bulk sale.


The highest and lowest prices, as well as the VWAP price for the day of trading are as
follows:

    Date                                                 Highest price           Lowest price             Volume Weighted
                                                         (ZAR)                   (ZAR)                    Average Price
                                                                                                          (ZAR)
    22 November 2024                                     98,15                   96,49                    96,982
In terms of paragraph 3.66 of the Listings Requirements, the necessary clearance to deal
has been obtained for the transactions set out above.

26 November 2024
Sandton

Equity Sponsor: Merrill Lynch South Africa (Pty) Limited t/a BofA Securities

Date: 26-11-2024 04:29:00
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