Wrap Text
Grant and Acceptance of Share Awards and Dealings in Securities
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)
GRANT AND ACCEPTANCE OF SHARE AWARDS AND DEALINGS IN SECURITIES BY
DIRECTORS, PRESCRIBED OFFICERS AND THE COMPANY SECRETARY OF SASOL LIMITED
AND DIRECTORS AND THE COMPANY SECRETARY OF MAJOR SUBSIDIARIES 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 the grant and acceptance of share
awards and the dealings in securities of Sasol by directors, prescribed officers and the Company
Secretary of Sasol Limited and directors and Company Secretary of major subsidiaries.
Grant and acceptance of share awards
The following conditional share awards have been granted and accepted in terms of Sasol's 2022 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, on-appointment and retention awards made on 8 September 2025 in
accordance with the rules of the LTI Plan. The vesting of the awards will be subject to service
conditions and the achievement of corporate performance targets (CPTs) approved by the Board.
All executive directors and prescribed officers of Sasol Limited must meet minimum shareholding
requirements.
The rules of the Plan are available on the Sasol website at www.sasol.com.
Award date: 8 September 2025
Acceptance date: 8 September 2025
Vesting periods: a: In respect of the Group Executive awards, 100% of the award
is subject to CPTs and vests after 3 years;
b: Awards to other directors and the company secretary, 70% of
the award is subject to CPTs and vests after 3 years;
c: Retention awards are not subject to CPTs and are subject to a
time restriction only.
Class of securities: Sasol ordinary shares
Nature of transaction: LTI Award (off-market)
Price per share:1 R0,00
Nature and extent of interest: Direct beneficial
Name Company and designation Award Total value of
(number of the transaction
shares) (ZAR)2
S Baloyi a Sasol Limited: Director 185 812 22 499 975
D L Bengu b Sasol Oil (Pty) Ltd: Director 23 314 2 823 092
V Bester a Sasol Limited: Prescribed Officer 66 132 8 007 924
W P Bruns a Sasol Limited: Director 85 680 10 374 991
K Cele b Sasol South Africa Limited: Director 12 346 1 494 977
V D Kahla a Sasol Limited: Director 82 511 9 991 257
M R Laxa b Sasol South Africa Limited: Director 27 032 3 273 305
Sasol South Africa Limited: Director
M Loonat b 20 645 2 499 903
Sasol Oil (Pty) Ltd: Director
D T Mokomela b Sasol South Africa Limited: Director 22 182 2 686 018
D C Moloi b Sasol Oil (Pty) Ltd: Director 23 493 2 844 767
M Niemand b Sasol South Africa Limited: Director 23 180 2 806 866
M Niemand c Sasol South Africa Limited: Director 8 918 1 079 881
Sasol South Africa Limited: Director
N G Nndwammbi b Sasol Oil (Pty) Ltd: Director 22 846 2 766 422
S D Pillay a Sasol Limited: Prescribed Officer 56 376 6 826 570
M Powys b Sasol Oil (Pty) Ltd: Director 12 320 1 491 829
P E Sibanyoni b Sasol Oil (Pty) Ltd: Director 8 051 974 896
S L Siyaya a Sasol Limited: Prescribed Officer 57 684 6 984 956
Sasol Limited: Company Secretary
E Viljoen b Sasol South Africa Limited: Company 9 393 1 137 398
Secretary
1 Strike price per share is nil. The shares were awarded at R121,09 being the 14 calendar day VWAP preceding the award
date.
2 The total transaction value is the price per share multiplied by the number of Sasol ordinary shares awarded.
Award date: 8 September 2025
Acceptance date: 8 September 2025
Vesting periods: a: In respect of the Group Executive awards, 100% of the award is
subject to CPTs and vests after 3 years
b: Awards to other directors and the company secretary, 70% of the
award is subject to CPTs and vests after 3 years
Class of securities: Sasol American Depositary Receipts (ADR) each representing one
Sasol ordinary share
Issue price per share: USD0,00
Nature of transaction: LTI Award (off-market)
1
Price per share: US$0,00
Nature and extent of Direct beneficial
interest:
Name Company and designation Award Total value of
(number of the transaction
shares) (USD)2
Sasol Limited: Prescribed Officer
A Gerber a 80 818 557 644
Sasol Chemicals USA LLC: Director
O Hernandez b Sasol Chemicals USA LLC: Director 34 619 238 871
Sasol Limited: Prescribed Officer
C Herrmann a Sasol Oil (Pty) Ltd: Director 64 654 446 113
Sasol Chemicals USA LLC: Director
N Stofberg b 20 571 141 940
1 Strike price per share is nil. The shares were awarded at $6,90 being the 14 calendar day VWAP preceding the award date.
2 The total transaction value is the price per share multiplied by the number of Sasol ADRs awarded.
Dealings in securities of Sasol Limited
The persons below have transacted in securities awarded and accepted in 2022 in terms of the rules of
the LTI Plan. This vesting is either the full or the first tranche of the 2022 award which vested or partially
vested at the achievement of corporate performance targets (CPTs).
All executive directors and prescribed officers of Sasol Limited are subject to Sasol's minimum
shareholding requirement policy and are required to retain all the vested shares or retain a portion of
the vested shares after settlement of the taxation on the award, until the minimum shareholding
requirement is attained.
All other participants have the option to retain all vested shares; retain a portion of the vested
shares after tax settlement; or, to receive the net after tax amount.
The dealings are set out below.
Transaction date: 8 September 2025
Class of securities: Sasol ordinary shares
Issue price per share: R0,00
Nature of transaction: Retention of vested shares off-market
Nature and extent of interest: Direct beneficial
Name Company and designation Number Price per Total value of
of shares share the transaction
(ZAR)1 (ZAR)
V Bester2 Sasol Limited: Prescribed Officer 816 125,54 102 441
W P Bruns2,3 Sasol Limited: Director 4 913 125,54 616 778
K Cele Sasol South Africa Limited: Director 1 953 125,54 245 180
3
S D Pillay Sasol Limited: Prescribed Officer 4 785 125,54 600 709
S L Siyaya Sasol Limited: Prescribed Officer 570 125,54 71 558
1 Closing price of 5 September 2025.
2 Award partially vested at achievement of corporate performance targets. The remaining balance will vest in September 2027.
3 Full vested award retained.
Transaction date: 8 September 2025
Class of securities: Sasol American Depositary Receipts (ADR) each representing one
Sasol ordinary share
Issue price per share: USD0,00
Nature of transaction: Retention of vested shares off-market
Nature and extent of interest: Direct beneficial
Name Company and designation Number Price per Total value of
of share the
shares (USD) 1 transaction
(USD)
C Herrmann2 Sasol Limited: Prescribed Officer 4 149 7,09 29 416
Sasol Oil (Pty) Ltd: Director
1 Closing price of 5 September 2025.
2 Award partially vested at achievement of corporate performance targets. The remaining balance will vest in September 2027.
In terms of paragraph 3.66 of the Listings Requirements, the necessary clearance to deal has been
obtained for the transactions set out above.
12 September 2025
Johannesburg
Sponsor: Merrill Lynch South Africa Proprietary Limited t/a BofA Securities
Debt Sponsor: Absa Corporate and Investment Bank, a division of Absa Bank Limited
Date: 12-09-2025 03:17:00
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