FilingReader Intelligence

Sasol corrects share award values for two directors

September 16, 2025 at 03:10 PM UTCBy FilingReader AI

Sasol Limited has released a correction announcement concerning the grant and acceptance of share awards and dealings in securities by directors and prescribed officers. This addresses a conversion rate error that impacted euro to US dollar calculations. The initial announcement, dated September 12, 2025, contained incorrect total transaction values and award figures for AGM Gerber and CH Herrmann.

The corrected figures reveal that AGM Gerber was awarded 93,110 shares, resulting in a total transaction value of $642,459. CH Herrmann received an award of 74,488 shares, with a corresponding total transaction value of $513,967. The shares, awarded on September 8, 2025, were Sasol American Depositary Receipts (ADR) and valued at $6.90 per share, based on the 14-calendar day VWAP preceding the award date.

The awards are part of a long-term incentive (LTI) plan, with vesting periods subject to CPTs over three years for group executive awards. All other information in the original September 12, 2025, announcement remains unchanged.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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