To view the PDF file, sign up for a MySharenet subscription.

SASOL LIMITED - Results of the separate class meeting of Sasol Bee ordinary (solbe1) shareholders, held on Friday, 16 November 2018

Release Date: 16/11/2018 17:09
Code(s): SOL SOLBE1     PDF:  
Wrap Text
Results of the separate class meeting of Sasol Bee ordinary (solbe1) shareholders, held on Friday, 16 November 2018

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”)

RESULTS OF THE SEPARATE CLASS MEETING OF SASOL BEE ORDINARY (SOLBE1)
SHAREHOLDERS, HELD ON FRIDAY, 16 NOVEMBER 2018

Sasol shareholders are advised that the results of the Separate Class Meeting of SOLBE1
shareholders, held on Friday, 16 November 2018 at the Sandton Convention Centre, 161
Maude Street, Sandton, Johannesburg are as follows:

-    As at Friday, 9 November 2018, being the Separate Class Meeting Record Date, the
     total number of SOLBE1 shares in issue was 6 331 347, of which 6 331 347 were eligible
     to vote (“Total Votable Shares”).
-    The total number of SOLBE1 shares in the share capital of Sasol eligible to vote by
     being present in person or by submitting proxies was 2 803 191, being 44.27% of the
     Total Votable Shares.

1.   Ordinary resolution number 1 that clause 2 of all the Cash Contracts be amended by the
     insertion of a new clause 2.3 reading as follows: “2.3. Notwithstanding the provisions of
     clauses 2.1 and 2.2, the Agreement shall ipso facto terminate on a date determined by
     Sasol, in its sole discretion, as being the date upon which the verification process more
     fully detailed in JSE Listings Requirement 4.32B is to be implemented.”, was approved:

                          Total shares voted                        Shares abstained
      For (%)        Against (%)    Number           %(1)           %(1)
      99.95          0.05           2 777 060        43.86          0.16

2.   Special resolution number 2 that clause 2 of all the Amended Cash Contracts be
     amended by the insertion of a new clause 2.4 reading as follows: “2.4. Notwithstanding
     the provisions of clauses 2.1, 2.2 and 2.3, the Agreement shall ipso facto terminate on a
     date determined by Sasol, in its sole discretion, as being the date upon which the
     verification process more fully detailed in JSE Listings Requirement 4.32B is to be
     implemented.”, was approved:

                          Total shares voted                        Shares abstained
      For (%)        Against (%)    Number           %(1)           %(1)
      99.96          0.04           2 784 218        43.98          0.19
3.   Ordinary resolution number 3 that clause 2 of all the New Cash Contracts be amended by
     the insertion of a new clause 2.3 reading as follows: “2.3. Notwithstanding the provisions
     of clauses 2.1 and 2.2, the Agreement shall ipso facto terminate on a date determined by
     Sasol, in its sole discretion, as being the date upon which the verification process more
     fully detailed in JSE Listings Requirement 4.32B is to be implemented.” was approved:

                          Total shares voted                        Shares abstained
      For (%)        Against (%)    Number           %(1)           %(1)
      99.97          0.03           2 786 390        44.01          0.16

4.   Ordinary resolution number 4 that clause 2 of all the Amended New Cash Contracts be
     amended by the insertion of a new clause 2.4 reading as follows: “2.4. Notwithstanding
     the provisions of clauses 2.1, 2.2 and 2.3, the Agreement shall ipso facto terminate on a
     date determined by Sasol, in its sole discretion, as being the date upon which the
     verification process more fully detailed in JSE Listings Requirement 4.32B is to be
     implemented.” was approved:

                          Total shares voted                        Shares abstained
      For (%)        Against (%)    Number           %(1)           %(1)
      99.97          0.03           2 786 312        44.01          0.16

Notes:
(1) Expressed as a percentage of 6 331 347 SOLBE1 shares in issue as at the Voting Record
    Date of Friday, 9 November 2019.


16 November 2018
Sandton


Sponsor: Deutsche Securities (SA) Proprietary Limited

Date: 16/11/2018 05:09:00 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.

Share This Story