0000314590-16-000043.txt : 20161125
0000314590-16-000043.hdr.sgml : 20161125
20161125094841
ACCESSION NUMBER: 0000314590-16-000043
CONFORMED SUBMISSION TYPE: 6-K
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20161125
FILED AS OF DATE: 20161125
DATE AS OF CHANGE: 20161125
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: SASOL LTD
CENTRAL INDEX KEY: 0000314590
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
IRS NUMBER: 000000000
STATE OF INCORPORATION: T3
FISCAL YEAR END: 0630
FILING VALUES:
FORM TYPE: 6-K
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31615
FILM NUMBER: 162017814
BUSINESS ADDRESS:
STREET 1: 1 STURDEE AVE
STREET 2: ROSEBANK
CITY: JOHANNESBURG
STATE: T3
ZIP: 2196
BUSINESS PHONE: 01127114413111
MAIL ADDRESS:
STREET 1: P O BOX 5486
CITY: JOHANNESBURG
STATE: T3
ZIP: 99999
FORMER COMPANY:
FORMER CONFORMED NAME: SASOL LTD/ADR/
DATE OF NAME CHANGE: 20000101
6-K
1
form6k25112016.txt
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16
OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
Report on Form 6-K for November 25, 2016
Commission File Number 1-31615
Sasol Limited
1 Sturdee Avenue
Rosebank 2196
South Africa
(Name and address of registrant's principal executive office)
Indicate by check mark whether the registrant files or will
file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F __X__ Form 40-F _____
Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____
Note: Regulation S-T Rule 101(b)(1) only permits the submission
in paper of a Form 6-K if submitted solely to provide an
attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____
Note: Regulation S-T Rule 101(b)(7) only permits the submission
in paper of a Form 6-K if submitted to furnish a report or other
document that the registrant foreign private issuer must furnish
and make public under the laws of the jurisdiction in which the
registrant is incorporated, domiciled or legally organized
(the registrant's "home country"), or under the rules of the home
country exchange on which the registrant's securities are traded,
as long as the report or other document is not a press release,
is not required to be and has not been distributed to the
registrant's security holders, and, if discussing a material
event, has already been the subject of a Form 6-K submission or
other Commission filing on EDGAR.
Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing
the information to the Commission pursuant to Rule 12g3-2(b)
under the Securities Exchange Act of 1934.
Yes _____ No __X__
If "Yes" is marked, indicate below the file number assigned to
the registrant in connection with Rule 12g3-2(b):
82-_______________.
Enclosures: Results of the annual general meeting of Sasol held
on 25 November 2016
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 annual general meeting of Sasol held on
25 November 2016
Sasol shareholders are advised that the results of the business
conducted at the annual general meeting held on Friday,
25 November 2016 at the Hyatt Regency Hotel, 191 Oxford Road,
Rosebank, Johannesburg, South Africa are as follows:
- As at 18 November 2016, being the Voting Record Date, the
total number of Sasol's shares in issue is 670 965 276.
- As at the Voting Record, the total number of Sasol's shares
in issue excluding 8 809 886 treasury shares, being those
ordinary shares which are not entitled to vote at the annual
general meeting, is 662 155 390("Total Votable Shares").
- The total number of shares in the share capital of Sasol
voted in person or by proxy was 545 472 960, being 81% of
Sasol's issued share capital and 82% of the Total Votable
Shares.
1. The audited annual financial statements of the Company and
of the Sasol group, including the reports of the directors,
external auditors, audit committee and the nomination,
governance, social and ethics committee for the financial
year ended 30 June 2016 were presented.
2. Mr C Beggs, Mr H G Dijkgraaf, Mr M J N Njeke, Mr B Nqwababa
and Mr P J Robertson retired by rotation at the meeting in
terms of clause 22.2.1 of the Company's Memorandum of
Incorporation ("Sasol's MOI") and were re-elected
individually for a further term of office:
Total shares voted
Shares
abstained
Directors For(%) Against(%) Number %(1) %(1)
C Beggs 99,96 0,04 545 052 360 81,23 0,06
H G Dijkgraaf 99,94 0,06 545 052 461 81,23 0,06
M J N Njeke 98,38 1,62 545 051 961 81,23 0,06
B Nqwababa 99,96 0,04 545 051 803 81,23 0,06
P J Robertson 99,97 0,03 545 053 264 81,23 0,06
3. Mr S R Cornell, Mr M J Cuambe and Mr P Victor were
appointed by the Sasol board of directors ("Board") in terms
of clause 22.4.1 of Sasol's MOI during the course of the year,
they retired at the annual general meeting and were elected
for a further term:
Total shares voted
Shares
abstained
Directors For(%) Against(%) Number %(1) %(1)
S R Cornell 99,96 0,04 545 058 824 81,24 0,06
M J Cuambe 99,96 0,04 545 059 952 81,24 0,06
P Victor 99,96 0,04 545 058 729 81,24 0,06
4. PricewaterhouseCoopers Incorporated was automatically re-
appointed as the independent auditor of the Company until
the next annual general meeting in terms of section 90(6)
of the Companies Act, 2008 ("the Act") and it was noted that
Mr Pieter Hough would be the individual registered auditor
who would undertake the audit of the Company for the
financial year ending 30 June 2017.
5. The members of the audit committee, Mr C Beggs, Ms N N A
Matyumza, Ms I N Mkhize, Mr M J N Njeke and Mr S Westwell
were elected individually for the financial year ending
30 June 2017 in terms of sections 94(4) and 94(5) of the Act,
read with Regulation 42 of the Companies Regulations, 2011:
Total shares voted
Shares
abstained
Directors For(%) Against(%) Number %(1) %(1)
C Beggs 99,45 0,55 545 059 750 81,24 0,06
NNA Matyumza 99,96 0,04 545 060 617 81,24 0,06
I N Mkhize 99,07 0,93 542 433 992 80,84 0,06
M J N Njeke 98,57 1,43 545 058 974 81,24 0,06
S Westwell 99,63 0,37 545 060 642 81,24 0,06
6. Advisory endorsement on the Company's remuneration policy
for the year ending 30 June 2017 was obtained:
Total shares voted
Shares
abstained
For(%) Against(%) Number %(1) %(1)
90,93 9,07 544 323 369 81,13 0,17
7. Special resolution number 1 approving the adoption of a
share incentive scheme for the benefit of employees of the
Sasol group, the Sasol Long-Term Incentive Plan, was
approved:
Total shares voted
Shares
abstained
For(%) Against(%) Number %(1) %(1)
96,02 3,98 519 682 006 77,45 0,09
8. Special resolution number 2 to place 32 500 000 Sasol
ordinary shares under the control of the directors and to
authorise the directors to issue such number of Sasol
ordinary shares under the rules of the Sasol Long-Term
Incentive Plan was approved:
Total shares voted
Shares
abstained
For(%) Against(%) Number %(1) %(1)
95,19 4,81 519 700 421 77,46 0,08
9. Special Resolution number 3 approving the remuneration
payable by the Company to non-executive directors of the
Company for their services as directors with effect from
1 July 2016, was approved:
Total shares voted
Shares
abstained
For(%) Against(%) Number %(1) %(1)
95,48 4,52 544 771 665 81,19 0,10
10.Special Resolution number 4 to authorise the Board,
subject to compliance with the requirements of Sasol's
MOI, section 44 and 45 of the Act and the JSE Limited
Listings Requirements ("Listings Requirements"), to
approve the granting of financial assistance to any
person approved by the Board (or any person or persons
to whom the Board has delegated the power to approve
recipients of the financial assistance), including
participants as defined in the Rules of the Sasol
Long-Term Incentive Plan and direct or indirect
financial assistance to related companies or their
directors and prescribed officers for any purpose in
the normal course of business of the Sasol group or
in relation to existing black economic empowerment
transactions, and to a director or prescribed officer
of the Company or of a related company under the
rules of the Sasol Long-Term Incentive Plan, at any
time during a period of two years following the date
on which this resolution was passed, was approved:
Total shares voted
Shares
abstained
For(%) Against(%) Number %(1) %(1)
96,64 3,36 545 020 556 81,23 0,07
11. Special Resolution number 5 approving the
introduction of a new fraction entitlement principle,
which will result in all allocations of securities
being rounded down to the nearest whole number and a
cash payment to be paid for the fraction at beneficial
owner level, was approved:
Total shares voted
Shares
abstained
For(%) Against(%) Number %(1) %(1)
99,99 0,01 545 009 951 81,23 0,07
12. Special Resolution number 6 approving that the
term of non-executive directors who are elected by
shareholders for the first time after 25 November 2016,
be limited to nine years, with the option for the
Board to renew this term for one year at a time up to a
maximum of 12 years, was approved:
Total shares voted
Shares
abstained
For(%) Against(%) Number %(1) %(1)
99,85 0,15 545 012 118 81,23 0,07
13. Special Resolution number 7 approving the deletion
of clause 23.1.12 of the MOI of the Company in its
entirety and thereby removing the retirement age of
70 years for directors, was approved:
Total shares voted
Shares
abstained
For(%) Against(%) Number %(1) %(1)
99,18 0,82 545 018 011 81,23 0,07
14. Special Resolution number 8 authorising the Board to
approve the acquisition of the Company's ordinary shares
by the Company or by any of its subsidiaries, by way of
a general repurchase, up to and including the date of the
next annual general meeting of the Company, was approved:
Total shares voted
Shares
abstained
For(%) Against(%) Number %(1) %(1)
96,53 3,47 519 509 754 77,43 0,11
15. Special Resolution number 9 authorising the Board to
approve the inadvertent acquisition by the Company of its
shares from a director and/or a prescribed officer,
and/or a person related to any of them when a general
repurchase by the Company of the Company's shares takes
place in accordance with this resolution, was approved:
Total shares voted
Shares
abstained
For(%) Against(%) Number %(1) %(1)
99,58 0,42 516 837 238 77,03 0,12
Notes:
(1) Expressed as a percentage of 670 965 276 Sasol shares
in issue as at the Voting Record Date of 18 November 2016.
25 November 2016
Johannesburg
Sponsor: Deutsche Securities (SA) Proprietary Limited
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant, Sasol Limited, has duly caused this
report to be signed on its behalf by the undersigned,
thereunto duly authorized.
Date November 25, 2016 By: /s/ V D Kahla
Name: Vuyo Dominic Kahla
Title: Company Secretary