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Share capital (Tables)
12 Months Ended
Jun. 30, 2018
Share capital.  
Schedule of share capital

 

 

 

2018

 

2017

 

2016

 

for the year ended 30 June

 

Rm

 

Rm

 

Rm

 

 

 

 

 

 

 

 

 

Issued share capital (as per statement of changes in equity)*

 

15 775

 

29 282

 

29 282

 

 

 

 

 

Number of shares

 

for the year ended 30 June

 

2018

 

2017

 

2016

 

Authorised

 

 

 

 

 

 

 

Sasol ordinary shares of no par value

 

1 127 690 590

 

1 127 690 590

 

1 127 690 590

 

Sasol preferred ordinary shares of no par value

 

28 385 646

 

28 385 646

 

28 385 646

 

Sasol BEE ordinary shares of no par value**

 

158 331 335

 

18 923 764

 

18 923 764

 

 

 

 

 

 

 

 

 

 

 

1 314 407 571

 

1 175 000 000

 

1 175 000 000

 

 

 

 

 

 

 

 

 

Issued

 

 

 

 

 

 

 

Shares issued at beginning of year

 

679 822 439

 

679 775 162

 

679 480 362

 

Issued in terms of the employee share schemes

 

1 776 361

 

47 277

 

294 800

 

Repurchase and cancellation of shares*

 

(43 503 454

)

 

 

Issued in terms of Sasol Khanyisa***

 

7 465 582

 

 

 

 

 

 

 

 

 

 

 

Shares issued at end of year

 

645 560 928

 

679 822 439

 

679 775 162

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Comprising

 

 

 

 

 

 

 

Sasol ordinary shares of no par value

 

623 081 550

 

651 436 793

 

651 389 516

 

Sasol preferred ordinary shares of no par value

 

16 085 199

 

25 547 081

 

25 547 081

 

Sasol BEE ordinary shares of no par value

 

6 394 179

 

2 838 565

 

2 838 565

 

 

 

 

 

 

 

 

 

 

 

645 560 928

 

679 822 439

 

679 775 162

 

 

 

 

 

 

 

 

 

Unissued shares

 

 

 

 

 

 

 

Sasol ordinary shares of no par value

 

504 609 040

 

476 253 797

 

476 301 074

 

Sasol preferred ordinary shares of no par value

 

12 300 447

 

2 838 565

 

2 838 565

 

Sasol BEE ordinary shares of no par value

 

151 937 156

 

16 085 199

 

16 085 199

 

 

 

 

 

 

 

 

 

 

 

668 846 643

 

495 177 561

 

495 224 838

 

 

 

 

 

 

 

 

 

 

 

*

On 4 June 2018 25 231 686 Sasol Limited ordinary shares were repurchased from the Inzalo Employee schemes at a nominal value of R0,01 per share (as per Sasol’s rights of repurchase under the Inzalo Employee schemes trust deeds). The Inzalo Employee scheme participants will not receive a distribution of Sasol Limited ordinary shares.

 

On 26 June 2018, 9 461 882 Sasol Limited preferred ordinary shares were repurchased from Inzalo Groups Funding at a purchase price of R475,03 per share as per the shareholders authorisation obtained at the Annual General Meeting held on 17 November 2017, which had the effect that these shares were cancelled and restored to authorised share capital.

 

8 809 886 Sasol Limited ordinary shares were repurchased on 26 February 2018 from its wholly owned subsidiary, Sasol Investment Company (Pty) Ltd as per shareholders approval obtained at the Annual General Meeting held on 17 November 2017, which had the effect that these shares were cancelled and restored to authorised share capital. As at 30 June 2018 Sasol Investment Company (Pty) Ltd had no shareholding in Sasol ordinary shares, (30 June 2017 – 8 809 886; 30 June 2016 – 8 809 886). At 30 June 2017 and 30 June 2016, these shares represented 1,43% of the issued share capital of the company, excluding the Sasol Inzalo share transaction. These shares were held as treasury shares and did not carry any voting rights.

 

**    At the Annual General Meeting of 17 November 2017, shareholders approved the increase in authorised Sasol BEE ordinary shares from 18 923 764 to 158 331 335.

 

***  With the implementation of Sasol Khanyisa 2 973 022 Sasol BEE shares were issued to Sasol Khanyisa Public, 2 458 880 shares were issued relating to the Khanyisa Employee Share Ownership Plan, 1 876 288 shares were redesignated to SOL shares.