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SASOLKHANYISA
PUBLIC (RF) LIMITED GROUP
Interim Financial Report for the six months ended
31 December 2018
Sasol South Africa
About Sasol Khanyisa 1
Sasol Khanyisa ownership structure 2
Sasol Khanyisa group structure 3
Sasol South Africa Limited (SSA) at a glance 4
Sasol share types 6
Sasol Khanyisa value at 30 June 2018 8
What is the value of your Sasol Khanyisa shares 9
Did you know? 10
Interim financial results for the six months ended 31 December 2018 13
Managing your investment 19
Contact information IBC
Contents
Purpose of this report:
This report reflects the interim financial results of Sasol Khanyisa Public (RF) Limited (Sasol Khanyisa) for the six months ended 31 December 2018 as well as information about Sasol South Africa Limited (SSA) in which Sasol Khanyisa is invested.
Additional information relating to the Sasol Khanyisa transaction can be found at www.sasolkhanyisa.com
This report will help you manage and understand your Sasol Khanyisa investment and answer some frequently asked questions.
The interim financial results have not been audited or independently reviewed.
Sasol Khanyisa Public (RF) Limited Group Interim Financial Report 2018 1
Sasol Limited is a global integrated chemicals and energy company. As a company proudly rooted in our South African heritage, Sasol Limited is firm in our commitment to redressing the inequalities of this country’s past. Sasol Khanyisa is Sasol’s flagship Broad-Based Black Economic Empowerment ownership structure that holds a 25% direct and indirect shareholding in Sasol South Africa Limited (SSA). We believe that transformation in the form of share ownership in SSA by previously disadvantaged groups is an important business, social and moral imperative.
SSA is Sasol Limited’s largest operating company and houses the synthetic fuels, chemicals, and gas operations, which are strong, cash generating assets.
Sasol Khanyisa has been designed to incorporate what is considered to be the most appropriate features that will lead long-lasting, sustainable ownership of Sasol by Black South Africans.
With around 207 000 public shareholders, Sasol Khanyisa owns approximately 9,2% of SSA, contributing towards the 25% direct and indirect shareholding in SSA by Black South Africans.
About Sasol Khanyisa
Sasol Khanyisa Public (RF)
Limited 9,2%
Sasol Khanyisa ordinary shareholder:
YOU
Sasol Khanyisa Public Group
Sasol Khanyisa Public (RF) Limited Group interim Financial Report 20182
Sasol Limited
Sasol BEE ordinary (SOLBE1)
shareholders
Sasol Foundation
Trust
Sasol Khanyisa Employee Share Ownership Plan
Trust9,2%
Sasol Khanyisa Public (RF)
Limited 9,2%
YOU
Sasol Khanyisa
Sasol South Africa
Limited (SSA)
Sasol Khanyisa ownership structure
Sasol Khanyisa Public (RF) Limited Group Interim Financial Report 2018 3
Sasol Khanyisa group structure
Sasol Khanyisa share ownership is in SSA, a subsidiary of Sasol Limited• SSA houses the South African Operations (Synfuels, Chemicals and Gas businesses).
• SSA has its own Board of Directors (Board) and governance framework.
• A fair value of SSA will be independently calculated annually through a valuation process.
• A director of Sasol Khanyisa will serve as a representative Director on the Board of SSA.
Secunda Synfuels
Operations
Secunda Chemicals
Operations
Sasolburg Operations
Sasol Group
Technology
South African Base and Performance
Chemicals
Sasol Gas
SASOL SOUTH AFRICA LIMITED
SASOL LIMITED Tier 1:
SOL or SOLBE1 Shares
(3 years)
Tier 2:SSA Khanyisa
Shares(10 years)
SASOL KHANYISA EMPLOYEE
SHARE OWNERSHIP PLAN (ESOP) ~9.2%
Current SOLBE1Shares~3.2%
Sasol Khanyisa
Shares(10 years)
~9.2%
SASOL KHANYISA PUBLIC
Sasol Khanyisa Public Group
Sasol Khanyisa Public (RF) Limited Group interim Financial Report 20184
Sasol South Africa Limited (SSA) at a glance
SSA is Sasol Limited’s largest operating company and houses the synthetic fuels, chemicals, and gas operations, which are strong, cash-generating assets.
After the successful implementation of Sasol Khanyisa in June 2018, Sasol Khanyisa shareholders own approximately 9,2% of SSA.
• The shares in SSA, which the Sasol Khanyisa shareholders indirectly hold, are currently worth approximately R320,00 per share and are funded by Sasol Limited.
• This funding will be paid off using dividends declared by SSA over the maturity period of up to 10 years. Most of dividends declared will not be paid directly to shareholders until the funding has been settled.
• Once the funding is settled, Sasol Khanyisa ordinary shares will be exchanged for Sasol BEE ordinary (SOLBE1) shares listed on the empowerment segment of the JSE.
Highlights for SSA for the six months ended 31 December 2018
Company value
R197bn*Turnover
R47bn
R10bnCapital Expenditure
* Enterprise value per independent valuation on 1 June 2018, the date the Sasol Khanyisa transaction was implemented. The valuation of SSA will be updated at 30 June 2019.
Sasol Khanyisa Public (RF) Limited Group Interim Financial Report 2018 5
Secunda
Sasolburg Operations covers an area of 51,4 km2, comprising three chemicals facilities, namely the Sasol One Site, Midland Site, Bunsen Site, and two power generation facilities. Sasol’s and South Africa’s first stand-alone gas-to-power plant was commissioned in December 2012. It is the largest power plant installed in South Africa using gas engines, making Sasol the second largest power producer in the country.
Secunda Chemicals Operations is the consolidation of all the chemical operating facilities at Secunda regional operating hub.
Secunda Synfuels Operations operates the world’s only commercial coal-based synthetic fuels manufacturing facility, producing synthesis gas (syngas) through coal gasification and natural gas reforming.
Markets and distributes natural gas from Mozambique and methane-rich gas from Secunda to customers in South Africa.
Sasol is a producer and marketer of a range of commodity chemicals based on the Fischer-Tropsch (FT) value chains, as well as a differentiated producer of organic and inorganic speciality chemicals. Our products are used in large variety of applications, including aerosols, cosmetics, fragrances, packaging, paints, adhesives, pharmaceuticals, polishes, printing and plastics and mining (particularly in gold extraction), pulp and paper, steel, textiles, water treatment and purification, agricultural fertilisers and chemicals.
Sasol Group Technology has a research and technology team with over a third holding doctorates or masters’ degrees in engineering and science. Their focus includes reducing the environmental footprint of Sasol’s operations, including greenhouse gas emission reduction, water treatment and purification.
There are more than 17 000 employees in SSA
Sasolburg
South African Base and Performance Chemicals
SSA Employees
Sasolburg Operations Secunda
Chemicals Operations
Secunda Synfuels Operations
Sasol Gas
Sasol Group Technology
Sasol Khanyisa Public (RF) Limited Group Interim Financial Report 2018 5
Sasol Khanyisa Public Group
Sasol Khanyisa Public (RF) Limited Group interim Financial Report 20186
Sasol has three types of shares:
SASOL ORDINARY (SOL) SHARES
SASOL BEE ORDINARY (SOLBE1) SHARES
SASOL KHANYISA ORDINARY SHARES
Where do
they trade? Trades on the JSE
Trades on the empowerment segment
of the JSE
Does not trade – shareholders cannot sell,
transfer or encumber these shares during
the period of the Sasol Khanyisa transaction
Who can own and trade
these shares?Bought and sold (traded)
by anyone in the world
Bought and sold (traded) among Black1 South
Africans only
Only available to Black1 South Africans
Where can I find value of
share? www.sasol.com www.sasol.com
Sasol Khanyisa ordinary shares are not publicly
traded.Refer to page 8
for value.
Do they earn dividends?
Yes – If dividends are declared, the same dividends per share will be paid for SOL shares and SOLBE1 shares
Remember, there is no guarantee that dividends will be declared
If dividends are declared by SSA, 97,5% of the
dividends will be used to settle the vendor funding while 2,5% may be paid to shareholders if Sasol
Khanyisa declares a dividend
Sasol share types
1. As defined by the Department of Trade and Industry’s (DTI) B-BBEE Codes of Good Practice
Your Sasol Khanyisa ordinary shares have ownership in SSA and will be ultimately exchanged for SOLBE1 shares in June 2028 or earlier if the funding has been repaid
PLEASENOTE
1 2 3
Sasol Khanyisa Public (RF) Limited Group Interim Financial Report 2018 7
Trickle dividends flow for Sasol Khanyisa shareholdersAs dividends are declared by SSA, 97,5% will be utilised to repay the vendor funding, as well as related financing cost. Of the dividends received, 2,5% will be distributed to shareholders.
For the six months ended 31 December 2018 the SSA Board declared an interim dividend of R11,44 per ordinary share of which 2,5% will be distributed to shareholders.
R8,6 billion
Vendor funding
Owing to SSA
2,5% in trickle dividends
paid to shareholders
97,5% paid to SSA
Sasol Khanyisa Public Group
Sasol Khanyisa Public (RF) Limited Group interim Financial Report 20188
Sasol Khanyisa value at 30 June 2018
With the release of every interim and year-end financial results, Sasol will publish the information in the table below to enable shareholders to determine the value of their shareholding at that point in time.
1. Net value is expected to accrue over the term of the transaction.
30 June 2018
SasolKhanyisanet valueR’million
Fair value of SSA Group after share issue to shareholders 89 779
Attributable to Sasol Khanyisa shareholders 9,2% 8 251
Vendor funding Sasol Khanyisa shareholders 8 251
Net value1 –
Rand
Sasol Khanyisa – approximate value per Sasol Khanyisa share –
Oil price and exchange rate assumptions underpinning the valuation of SSA are largely aligned to a market view of macro economic assumptions, referencing a panel of externally forecasted assumptions.
A. The value of the share will be determined by the repayment of the funding over the next 10 years, together with the performance and growth of SSA over the same time.
B. Let us assume that a Sasol Khanyisa shareholder has 100 shares in SSA, and that after six years, the equity value of SSA is R91 billion and the outstanding funding that Sasol Khanyisa shareholders owe is R2 billion.
C. The shareholder’s value in year six can then be calculated as*:
[(9,2% x R91bn ) – R2bn] / 26,5m shares x 100 shares = R24 042,00
See calculation below:
* Shareholder value can only be extracted when the funding is fully settled, or after 10 years.
Holding of all SasolKhanyisa Publicshareholders inSasol South Africa
Does not change
X
=
×
-
Outstandingfunding
Changes on anannual basis
9,2%
The value of SasolSouth Africa
Changes on anannual basis
A B
Does not change
Total number ofSasol Khanyisaordinary shares
26 503 642
Does not change
Number of yourSasol Khanyisaordinary shares
C
The value ofyour SasolKhanyisainvestment
D
These figures are published in the annual financial results and can be found at www.sasol.com
What is the value of your Sasol Khanyisa shares?
Sasol Khanyisa Public (RF) Limited Group Interim Financial Report 2018 9
Sasol Khanyisa Public Group
Sasol Khanyisa Public (RF) Limited Group interim Financial Report 201810
Did you know?This is general information
Dividend per shareThe part of the profit allocated to each share which is paid to shareholders.
ProfitProfit is the surplus remaining after total costs – including tax, are deducted from total revenue and other income of the company/business. It is this amount on which dividends payable to shareholders is determined.
TurnoverThe value of total sales of a company/business. Comprises revenue generated by operating activities and includes sale of products, services rendered, licence fees and royalties.
Public shares are bought and sold on the JSEThe Johannesburg Stock Exchange (JSE) is the oldest and largest stock exchange in Africa. Shares are traded on this exchange.
Price per shareIs the price at which a share can be bought or sold (traded). For a share to trade there has to be a willing buyer and a willing seller.
Share prices move up and down daily and the price is determined by many internal and external factors
If the supply of a share exceeds demand (there are lots of shares available) the price will tend to decrease. If the supply of a share is lower than the demand (lots of people want to buy shares but there are not a lot of shares available) the price of the share will tend to increase.
Share prices can also be affected by many internal and external factors:• Company news and
performance• Industry performance• Investor sentiment• Economic factors• Short-term trends
A share is a unit of ownership in a company or businessAs a shareholder in a company or business, one could earn a dividend if the company/business is profitable.
What is trading?The transaction of buying and selling of shares.
Sasol Khanyisa Public (RF) Limited Group Interim Financial Report 2018 11
ValuationThe value of the business/company is determined by its share price and number of shares.
DematerialisationDematerialisation is the process of converting physical share certificates into electronic format.
RematerialisationRematerialisation is the process of converting electronic holding of share into physical share certificate.
Report cycleCompanies’/business’ have reporting cycles. They release results on an annual basis – annual results as well as for a six month period – interim results.
As a shareholder you have the right to:
1. Attend the Annual General Meetings (AGM) and General Meetings (GM).
2. Vote on the following matters at the AGM:• To receive and consider the Annual Financial Statements • To elect the Directors • To appoint members of the Audit Committee• To approve the appointment or re-appointment of the Auditors for the following year• To approve any matters that require shareholder approval • On matter(s) for which the AGM was called
3. Appoint a proxy who can attend and vote at an AGM on your behalf if you wish to exercise your votes.
12 Sasol Khanyisa Public (RF) Limited Group interim Financial Report 2018
Sasol Khanyisa Public Group
Sasol Khanyisa Public (RF) Limited Group Interim Financial Report 2018 13
Interim financial resultsfor the six months ended 31 December 2018
Financial overview
The main business of the Group (Sasol Khanyisa Public (RF) Limited (“Sasol Khanyisa”) and its subsidiary Sasol Khanyisa Fundco (RF) Limited (“Fundco”)), is to hold shares in Sasol South Africa Limited (“SSA”) on behalf of the members of the Black public (as defined). At the end of the 10 year transaction term, or earlier, if the vendot funding is repaid, the net value in SSA shares will be automatically exchanged for Sasol SOLBE1 shares, to the extent of the net value created.
SSA is a subsidiary of Sasol Limited and houses the majority of the Sasol Group’s South African operations.
Sasol Khanyisa has a beneficial interest of approximately 9,2% in SSA, which is funded wholly by Sasol Limited (vendor funding). As dividends are declared by SSA, 97,5% of these will be utilised to repay the vendor funding, as well as the related financing cost, calculated at 75% of prime rate. Of the dividends received, 2,5% will be distributed to participants as a trickle dividend.
On 8 February 2019 the SSA Board declared an interim dividend of R11,44 per ordinary share of which 2,5% will be distributed to participants as a trickle dividend.
The estimated equity value of SSA was R89,8 billion at 30 June 2018. The beneficial interest of approximately 9,2% attributable to the shareholders of Sasol Khanyisa is R8,3 billion while the vendor funding balance at 31 December 2018 is R8,6 billion, resulting in no net value created for shareholders of Sasol Khanyisa as at 31 December 2018. Net value is expected to be created over the term of the transaction. The valuation of SSA will be updated at 30 June 2019.
Board of DirectorateThe directors in office during the period were:
Appointed
Ms Z Monnakgotla (Chairman) 1 July 2018Ms N Manyika 1 July 2018Mr KH Setzin 1 July 2018Ms TLB Boikhutso 3 November 2018Mr TR Madiba 3 November 2018Mr KM Makhetha 3 November 2018Ms K Njobe 3 November 2018
Subsequent eventsThere were no events subsequent to 31 December 2018 requiring disclosure.
Dividend declarationAn interim gross cash dividend of R0,28 (representing 2,5% of the R11,44 dividend received) per ordinary share has been declared for the six months ended 31 December 2018. The cash dividend is payable on the ordinary shares. The Board of Directors (Board) is satisfied that the liquidity and solvency of the company, as well as cash remaining after payment of the dividend, is sufficient to support the current operations for the ensuing year. The South African dividend withholding tax rate is 20%. At the declaration date, there are 26 503 642 ordinary shares in issue. The net dividend amount payable to shareholders who are not exempt from the dividend withholding tax is R0,22 per share,
while the dividend amount payable to shareholders who are exempt from dividend withholding tax is R0,28 per share.
An interim gross cash dividend of R11,15 (representing 97,5% of the R11,44 dividend received) per preference share, will be utilised towards the settlement of the vendor funding.
The salient dates for shareholders are:
Declaration date Tuesday, 12 March 2019
Record date Friday, 29 March 2019
Dividend payment date Monday, 1 April 2019
On Monday, 1 April 2019, dividends due to certificated shareholders on the South African registry will be electronically transferred to shareholders’ bank accounts. Shareholders who hold dematerialised shares will have their accounts held by their Central Securities Depository Participant or broker credited on Monday, 1 April 2019. Share certificates may not be dematerialised or rematerialised between 27 March 2019 and 29 March 2019, both days inclusive.
On behalf of the Board
Zanele Monnakgotla Nonkululeko ManyikaChairman Chairman of the Audit Committee
Sasol Khanyisa Public (RF) Limited
12 March 2019
Sasol Khanyisa Public Group
Sasol Khanyisa Public (RF) Limited Interim Financial Results 201814
Sasol Khanyisa Public (RF) Limited Group Interim Financial Report 2018 15
The interim financial statements are presented on a condensed consolidated basis
Statements of financial positionat
Group Company
Audited Full year
30 June 18 R’000
Half year 31 Dec 18
R’000 Note
Half year 31 Dec 18
R’000
Audited Full year
30 June 18 R’000
AssetsNon-current assetsInvestment in subsidiary –* –*
– – Long-term financial assets 1 – –
Current assets– – Intercompany receivable 2 –
10 11 Bank 8 10
10 11 Total assets 10 10
Equity and liabilities 10 10 Shareholders’ equity 10 10
Current liabilities–* 1 Intercompany payable –* –*
10 11 Total equity and liabilities 10 10
* – nominal amount less than R1 000
Statements of comprehensive incomefor the period ended
Group Company
Audited Full year
30 June 18 R’000
Half year 31 Dec 18
R’000
Half year 31 Dec 18
R’000
Audited Full year
30 June 18 R’000
–** –** Other expenses –** –**
– – Loss from operations – – –** –** Net finance costs –** –**
– – Loss before tax – – – – Taxation – –
– – Loss and total comprehensive loss for the period – –
* – nominal amount less than R 1000** – All reasonable administration costs of the company are funded by SSA but only up to the end of the Sasol Khanyisa
Empowerment Period.
Sasol Khanyisa Public Group
Sasol Khanyisa Public (RF) Limited Group interim Financial Report 201816
Statements of changes in equityfor the period ended
Group Company
Audited Full year
30 June 18 R’000
Half year 31 Dec 18
R’000
Half year 31 Dec 18
R’000
Audited Full year
30 June 18 R’000
10 10 Opening balance 10 10 –* – Total comprehensive loss for the period – –*
10 10 Closing balance 10 10
Comprising 10 10 Share capital 10 10 –* – Accumulated loss – –*
10 10 Shareholders’ equity 10 10
* – nominal amount less than R 1000
Statements of cash flowsfor the period ended
Group Company
Audited Full year
30 June 18 R’000
Half year 31 Dec 18
R’000
Half year 31 Dec 18
R’000
Audited Full year
30 June 18 R’000
– 1 Cash retained/(utilised) by operating activities (2) –
(8 251 510) – Purchase of investments – –
(8 251 510) – Cash used in investing activities – – 10 – Proceeds from share capital issued – 10
8 251 510 – Proceeds from preference shares issued – –
8 251 520 – Cash generated by financing activities – 10
10 1 Increase/(decrease) in cash and cash equivalents (2) 10
– 10 Cash and cash equivalents at beginning of the period 10 –
10 11 Cash and cash equivalents at end of the period 8 10
Sasol Khanyisa Public (RF) Limited Group Interim Financial Report 2018 17
1 Long-term financial assets Sasol Khanyisa indirectly owns 26 503 642 ordinary shares (9,2%) in the issued share capital of Sasol South Africa Limited.
The acquisition of the Sasol Khanyisa Shares in Sasol South Africa Limited was funded by way of preference share funding of R8,25 billion (vendor funding) from Sasol Limited. The vendor funding attracts interest at 75% of the SA prime interest rate and will be repaid during the 10 year empowerment period or earlier.
Sasol Khanyisa Public*
Sasol Khanyisa Funding*
100% Ordinary
Shares
9,2% SSA Ordinary Shares
Preference Share Funding
Sasol Limited
Sasol South Africa Limited (SSA)
81,6% SSA Ordinary Shares
Eligible SOLBE 1 Shareholders
Eligible Inzalo Shareholders
Sasol Khanyisa Shares SOLBE 1 Shares
As dividends are declared by Sasol South Africa Limited, 97,5% of these will be utilised to repay the vendor funding, as well as the related financing cost, calculated at 75% of prime rate. 2,5% of dividends will be distributed to Sasol Khanyisa Ordinary shareholders as a trickle dividend. At the end of the 10 year transaction term, or earlier, if the vendor funding is repaid, the net value in Sasol South Africa Limited shares will be exchanged for SOLBE1 shares on a fair value-for-value basis which will be distributed to shareholders. Any vendor funding not yet settled by the end of the transaction term will be settled using the net value of the Sasol South Africa Limited shares, and will reduce any distribution made to participants.
The accounting for this transaction is similar to an option over Sasol ordinary shares granted for no consideration.
Notes to the interim financial statements
Sasol Khanyisa Public Group
18 Sasol Khanyisa Public (RF) Limited Group interim Financial Report 2018
Vendor funding balance1
R’000
Portion of estimated
SSA fair value2R’000
Net value created3
R’000
Sasol Khanyisa transaction 8 622 922 8 259 668 –1 Consists of vendor funding provided of R8,25 billion and interest accrued of R371 million. 2 Represents 9,2% of the estimated fair value of SSA of R89,8 billion at 30 June 2018. The fair value of SSA will be updated at
30 June 2019.3 No net value created for shareholders of Sasol Khanyisa as at 31 December 2018, however net value is expected to accrue over the
term of the transaction.
The fair value of the option in Sasol SOLBE1 shares was R1,8 billion as at 30 June 2018, based on a weighted average fair value of R66,48 and 26 503 642 Sasol Khanyisa shares. This was derived using the Monte Carlo option pricing model which is reflective of the underlying characteristics of each part of the transaction. The fair value of the option will be updated at 30 June 2019.
Basis of preparation
The condensed consolidated interim financial statements for the six months ended 31 December 2018 have been prepared in accordance with International Financial Reporting Standards, IAS 34 ‘Interim Financial Reporting’, the SAICA Financial Reporting Guides as issued by the Accounting Practices Committee and Financial Pronouncements as issued by the Financial Reporting Standards Council and the requirements of the Companies Act 71 of 2008, as amended, and the JSE Limited Listings Requirements.
The condensed consolidated interim financial statements do not include all the disclosures required for complete annual financial statements prepared in accordance with IFRS as issued by the International Accounting Standards Board. The condensed consolidated interim financial statements are prepared on a going concern basis. The Board is satisfied that the liquidity and solvency of the company is sufficient to support the current operations for the next 12 months.
These condensed consolidated interim financial statements have been prepared in accordance with the historic cost convention except that certain items, including financial instruments, are stated at fair value.
The condensed consolidated interim financial statements are presented in South African rand, which is Sasol Khanyisa Group’s functional and presentation currency. The accounting policies applied in the preparation of these condensed consolidated interim financial statements are in terms of IFRS and are consistent with those applied in the consolidated annual financial statements for the year ended 30 June 2018.
The condensed consolidated interim financial statements appearing in this Report are the responsibility of the directors. The directors take full responsibility for the preparation of the condensed consolidated interim financial statements. Thandeka Dhlamini CA(SA), Senior Manager: Sasol Khanyisa, is responsible for this set of condensed consolidated interim financial statements and has supervised the preparation thereof in conjunction with the Senior Accountant: Financial Control Services, Tebogo Maleka CA(SA).
Sasol Khanyisa Public (RF) Limited Group Interim Financial Report 2018 19
Whether face-to-face or via their electronic channels, you can contact Computershare as follows:
Managing your investment
If you have any queries regarding your Sasol Khanyisa Investment, please contact Computershare
Computershare have been appointed by Sasol Khanyisa to act as their Transfer Secretaries.
Computershare manages all matters relating to your shares and personal details.
Computershare has a dedicated Call Centre with agents who will be able to assist shareholders.
Updating your personal and banking details
Keeping your personal and contact details updated is important. Sasol Khanyisa can only communicate with you, if they have your up-to-date information. In the event of dividends being distributed, they need your up-to-date bank account details.
If any of your personal details need to be updated, please advise Computershare.
Via the Call Centre:
0800 000 222 (South African calls) +27(0)11 370 7700 (International calls)
Visit the Computershare walk-in centre:
Rosebank Towers 15 Biermann Avenue Rosebank Johannesburg
For regular updates about Sasol Khanyisa, visit website:www.sasolkhanyisa.com
STAYING INFORMED
Sasol Khanyisa Public Group
Sasol Khanyisa Public (RF) Limited Group interim Financial Report 201820
PLEASENOTE!
Computershare will require original certified copies of all documents or the original of all documents. This means that you should deliver the documents to Computershare physically. You can do this in person or by courier or registered mail.
WHAT HAPPENS IF YOU DIE?
If you die, your shares will be transferred to your heirs who must be a Black person or Black controlled entity as defined in the B-BBEE Codes.
In the event of your death, the Executor of your Estate will need to inform Computershare of your death.
Computershare will need the following documents:
• Death certificate• Executor appointment letter and ID copy • Copy of last Will and Testament, if a Will was made• Copy of deceased’s ID document
Contact informationRegistered office: Sasol Place50 Katherine StreetSandtonJohannesburg 2196
Private Bag X10014Sandton 2146South Africa
Share registrars:Computershare Investor Services Proprietary LimitedRosebank Towers15 Biermann AvenueRosebank 2196South Africa
PO Box 61051Marshalltown 2107South AfricaTelephone: +27 11 370 5000Fax: +27 11 370 5271/2
Information helpline:0800 000 222
Email:[email protected]
Directors (non-executive):Ms Z Monnakgotla (Chairman)Ms TLB BoikhutsoMr TR MadibaMr KM MakhethaMs N ManyisaMs K NjobeMr KH Setzin
Company secretary:Sasol South Africa Limited
Company registration number:2017/663901/06, incorporated in the Republic of South Africa
Income tax reference number: 9033786253
www.sasolkhanyisa.com