The net dividend amount payable to shareholders who are not exempt from the dividend withholding tax, is 632 cents per share, while the dividend amount payable to shareholders who are exempt from dividend withholding tax is 790 cents per share.
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,.
Sasol may, in this document, make certain statements that are not historical facts that relate to analyses and other information which are based on forecasts of future results and estimates of amounts not yet determinable.
In fact, Sasol used a 30-day volume weighted average share price of R542.11 as at September 6 in its calculations, arriving at the figure.3 billion after allowing for repayment of the outstanding debt, taxes and costs. The trading platform is not a regulated exchange as defined in the Financial Markets Act, Act no 19 of 2012 (the Act) and the provisions in the Act relating to Insider Trading, Prohibited Trading Practices and the prohibitions trading card game pit against the publication of false and misleading.This is an effective return of 20 per annum for the investment period, which Gradidge says is an excellent return for investors.Comprehensive additional information is available on our website: m).Johannesburg, South Africa Sasol Inzalo Public (RF) Limited is pleased to announce that it will distribute over R1,3 billion to the Sasol Inzalo Public (sipbee) shareholders in the form of a cash payment on 17 September 2018.Friday, 20 September 2019 1All dates are approximate as the nyse sets the record date after receipt of the dividend declaration.Cash dividends on 100 shares @ R85.63 per Inzalo.The scheme was designed to pay the debt from the appreciation of the Sasol group shares and dividends paid.Sasol Limited and Sasol Inzalo Public Limited (RF) appointed Computershare to process the transfer of your Sasol Inzalo shares in the event of a sale or purchase of those shares.On Friday, 7 September 2018 Sasol Limited repurchased 16,1 million Sasol preferred ordinary shares from Sasol Inzalo Public Funding (Pty) Ltd (Fundco) at R542,11 per share.The Board is satisfied that the liquidity and solvency of the company, as well as capital adequacy remaining after payment of the dividend is sufficient to support the current operations for the ensuing year.They also received 10 bonus Sasol BEE ordinary shares (known joe fortune bonus codes no deposit as solbe1, which has no debt which are tradeable on the black segment of the JSE, worth R2 680 at the time of writing.Yours faithfully, Nolitha Fakude, executive Director, sasol Limited.Friday, 1All dates are approximate as the nyse sets the record date after receipt of the dividend declaration.Most of the 270 000 Inzalo investors among them members of the public as well as Sasol customers, suppliers and employees, and an educational foundation did not buy shares using their own money, but were funded by debt.This underscored the dangers of having empowerment schemes that call for investors to participate through debt funding while investing in assets that rely on volatile commodities to create value.This is a good and decent return considering that the dividend outcome is now different from what Sasol management initially predicted it would.Contact Computershare at or call toll-free (South African calls) and 27(0) (International calls).Please note: One billion is defined as one thousand million.Share price appreciation, inzalo was launched at a Sasol share price of R366 in 2008 with debt of about.4 billion.
However, the recently elevated international oil prices and a weaker rand have worked in favour of Sasols share price, which has traded in a narrow range of R502 to R548 since June well above the R460 level required to benefit Inzalo investors.