JOHANNESBURG, Oct. 15, 2019 /PRNewswire/ -- Sasol shareholders
are referred to the Company's announcements on 16 August 2019 and 6
September 2019 regarding the delay in the release of Sasol's
annual results for the year ended 30 June
2019 (2019 financial results) and related year-end
publications to allow for the completion of the independent review
commissioned by the Sasol board of directors (the Board) in
May 2019 (the Board Review).
Board Review
The report from the Board Review is complete and the Board will
now consider the findings and determine any appropriate steps
arising from these. The Board expects to make an announcement on
these matters in due course.
Release of 2019 financial results and related year-end
publications
The Company will release its 2019 financial results as well as
its 2019 annual financial statements and other related year-end
publications on Monday, 28 October
2019.
The JSE has been informed of Sasol's intention to release its
2019 financial results on 28 October
2019. Later today, the JSE will release an announcement, as
it is obliged to do in terms of para 3.17(b) of its listings
requirements, informing Sasol shareholders that the Company has not
released its 2019 provisional financial results and annual
financial statements in accordance with the JSE listings
requirements and cautioning that Sasol's listing on the JSE is
under threat of suspension and possible removal. An annotation to
that effect will also be made on the JSE trading system, which will
be removed as soon as Sasol's 2019 financial results and annual
financial statements are released.
Annual general meeting
The annual general meeting of shareholders of Sasol will be held
at 10:00 on Wednesday, 27 November
2019 at The Forum, The Campus, Wanderers Building, 57 Sloane
Street, Bryanston, Johannesburg, South
Africa, to transact the business stated in the notice of
annual general meeting (AGM notice). The AGM notice, incorporating
a summary of the 2019 annual financial statements will be published
on the Sasol website and distributed to Sasol shareholders by
29 October 2019.
Disclaimer – Forward-looking statements
Sasol may, in this document, make certain statements that are
not historical facts and relate to analyses and other information
which are based on forecasts of future results and estimates of
amounts not yet determinable. These statements may also relate to
our future prospects, developments and business strategies.
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, cost reductions, our Continuous Improvement (CI)
initiative and business performance outlook. Words such as
"believe", "anticipate", "expect", "intend", "seek", "will",
"plan", "could", "may", "endeavour", "target", "forecast" and
"project" and similar expressions are intended to identify such
forward-looking statements, but are not the exclusive means of
identifying such statements. By their very nature, forward-looking
statements involve inherent risks and uncertainties, both general
and specific, and there are risks that the predictions, forecasts,
projections and other forward-looking statements will not be
achieved. If one or more of these risks materialise, or should
underlying assumptions prove incorrect, our actual results may
differ materially from those anticipated. You should understand
that a number of important factors could cause actual results to
differ materially from the plans, objectives, expectations,
estimates and intentions expressed in such forward-looking
statements. These factors are discussed more fully in our most
recent annual report on Form 20-F filed on 28 August 2018 and in other filings with the
United States Securities and Exchange Commission. The list of
factors discussed therein is not exhaustive; when relying on
forward-looking statements to make investment decisions, you should
carefully consider both these factors and other uncertainties and
events. Forward-looking statements apply only as of the date on
which they are made, and we do not undertake any obligation to
update or revise any of them, whether as a result of new
information, future events or otherwise.
For further information, please contact:
Feroza Syed
Chief Investor Relations Officer
Direct telephone: +27(0)10-344-7778
investor.relations@sasol.com
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SOURCE Sasol Limited