Results of the Separate Class Meeting of Sasol Bee Ordinary (Solbe1) Shareholders, Held on Friday, 16 November 2018

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Nov 16, 2018, 11:08 ET

JOHANNESBURG, November 16, 2018 /PRNewswire/ --

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: