June 1, 2018 - 6:47 AM EDT
Print Email Article Font Down Font Up Charts



Joint Announcement Regarding Effective Date of Sasol Khanyisa Transaction and Issue of Shares Pursuant Thereto

JOHANNESBURG, June 1, 2018 /PRNewswire/ --

  1. The effective date of the Sasol Khanyisa Transaction is today, Friday, 1 June 2018.
  2. 2 973 022 additional SOLBE1 Shares will be issued to SOLBE1 and SIPBEE shareholders and shareholders of Sasol Inzalo Groups Limited (RF) today.
  3. In addition, 2 458 880 SOLBE1 Shares and 2 033 680 SOL Shares will be issued today to the trustees of the Sasol Khanyisa Employee Share Ownership Plan Trust. The SOLBE1 and SOL Shares held by the Trust cannot be disposed of for a period of three years.

 

Disclaimer – Forward-looking statements: Sasol may, in this document, make certain statements that are not historical facts and relate to analyses and other information which are based on forecasts of future results and estimates of amounts not yet determinable. These statements may also relate to our future prospects, developments and business strategies. Examples of such forward-looking statements include, but are not limited to, statements regarding exchange rate fluctuations, volume growth, increases in market share, total shareholder return, executing our growth projects, (including LCCP), oil and gas reserves and cost reductions, including in connection with our BPEP, RP and our business performance outlook. Words such as "believe", "anticipate", "expect", "intend", "seek", "will", "plan", "could", "may", "endeavour", "target", "forecast" and "project" and similar expressions are intended to identify such forward-looking statements, but are not the exclusive means of identifying such statements. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and there are risks that the predictions, forecasts, projections and other forward-looking statements will not be achieved. If one or more of these risks materialise, or should underlying assumptions prove incorrect, our actual results may differ materially from those anticipated. You should understand that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. These factors are discussed more fully in our most recent annual report on Form 20-F filed on 28 August 2017 and in other filings with the United States Securities and Exchange Commission. The list of factors discussed therein is not exhaustive; when relying on forward-looking statements to make investment decisions, you should carefully consider both these factors and other uncertainties and events. Forward-looking statements apply only as of the date on which they are made, and we do not undertake any obligation to update or revise any of them, whether as a result of new information, future events or otherwise. Please note: A billion is defined as one thousand million. All references to years refer to the financial year ended

30 June. Any reference to a calendar year is prefaced by the word "calendar".

Additional information on our business performance is included in the analyst book available on our website: www.sasol.com

Investor Relations:
Moveshen Moodley, Chief Investor Relations Officer
Telephone: +27(0)10-344-8052

 

Cision View original content:http://www.prnewswire.com/news-releases/joint-announcement-regarding-effective-date-of-sasol-khanyisa-transaction-and-issue-of-shares-pursuant-thereto-300658020.html

SOURCE Sasol Limited


Source: PR Newswire (June 1, 2018 - 6:47 AM EDT)

News by QuoteMedia
www.quotemedia.com

Legal Notice