Sasol Ltd 6-K, filed May 3, 2021
Sasol Ltd (SSL)
6-K
2021-05-03
For: 2021-05-03
View Original
Added on
April 11, 2026
About this 6-K
Sasol Ltd filed this 6-K on May 3, 2021.
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 3 May, 2021
Commission File Number 1-31615
Sasol Limited
50 Katherine Street
Sandton 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):
Regulation S-T Rule 101(b)(1):
Yes _____
No __X__
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):
Regulation S-T Rule 101(b)(7):
Yes _____
No __X__
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.
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__
ENCLOSURES:
Sens Announcement dated 29 April 2021: Quarterly Business Production Metrics,
Trading Statement and Business Segment Overview
Trading Statement and Business Segment Overview
Sasol Limited
(Incorporated in the Republic of South Africa)
(Registration number 1979/003231/06)
Sasol Ordinary Share code:
(Incorporated in the Republic of South Africa)
(Registration number 1979/003231/06)
Sasol Ordinary Share code:
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”)
PRODUCTION AND SALES METRICS FOR THE NINE MONTHS ENDED 31 MARCH 2021; NEW
OPERATING MODEL AND TRADING STATEMENT FOR FINANCIAL YEAR 30 JUNE 2021
OPERATING MODEL AND TRADING STATEMENT FOR FINANCIAL YEAR 30 JUNE 2021
PRODUCTION AND SALES METRICS FOR THE NINE MONTHS ENDED 31 MARCH 2021
Sasol has published its production and sales metrics for the nine months ended 31 March 2021 on
the Company´s website, under the Investor Centre section:
the Company´s website, under the Investor Centre section:
https://www.sasol.com/investor-centre/financial-reporting/business-performance-metrics
NEW OPERATING MODEL
As previously communicated, Sasol’s response plan to mitigate the impact of the COVID-19
pandemic and lower oil prices included near-term deleveraging measures together with a reset of
the strategy and operating model to position the business for sustained profitability in a low oil price
environment. The new operating model is now in place and allows the business to be more agile,
cost competitive and customer focused.
pandemic and lower oil prices included near-term deleveraging measures together with a reset of
the strategy and operating model to position the business for sustained profitability in a low oil price
environment. The new operating model is now in place and allows the business to be more agile,
cost competitive and customer focused.
The non-financial information contained in the business performance metrics for the nine months
ended 31 March 2021 has been presented in accordance with the new operating model. The
financial information has been restated for financial years 2019, 2020 and half year 2021.
Additional information, including a revised overview of the business and modelling guidance for
analysts and investors, is available on Sasol’s website:
analysts and investors, is available on Sasol’s website:
https://www.sasol.com/investor-centre/reporting/other-market-updates/new-operating-model
TRADING STATEMENT FOR THE FINANCIAL YEAR ENDING 30 JUNE 2021
Sasol’s shareholders are advised that for the financial year ending 30 June 2021 (FY21) headline
earnings per share (HEPS) are expected to improve by at least 20%, compared to the headline
loss per share of R11,79 reported for the year ended 30 June 2020. Earnings per share (EPS) are
also expected to improve by at least 20%, compared to the loss per share of R147,45 reported for
the year ended 30 June 2020.
earnings per share (HEPS) are expected to improve by at least 20%, compared to the headline
loss per share of R11,79 reported for the year ended 30 June 2020. Earnings per share (EPS) are
also expected to improve by at least 20%, compared to the loss per share of R147,45 reported for
the year ended 30 June 2020.
For the six months ended 31 December 2020, Sasol reported HEPS of R19,16 per share and EPS
of R23,41 per share.
of R23,41 per share.
Sasol’s FY21 results may still be impacted by a number of factors including adjustments resulting
from the year-end closure process. A comprehensive trading statement will be published as soon
as there is more certainty.
from the year-end closure process. A comprehensive trading statement will be published as soon
as there is more certainty.
The financial information on which this trading statement is based has not been reviewed and
reported on by the Company's external auditors. Sasol's audited FY21 results will be announced on
Monday, 16 August 2021.
reported on by the Company's external auditors. Sasol's audited FY21 results will be announced on
Monday, 16 August 2021.
29 April 2021
Johannesburg
Sponsor: Merrill Lynch South Africa Proprietary Limited
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,
expectations, developments and business strategies. Examples of such forward-looking statements
include, but are not limited to, the impact of the novel coronavirus (COVID-19) pandemic on Sasol’s
business, results of operations, financial condition and liquidity and statements regarding the
effectiveness of any actions taken by Sasol to address or limit any impact of COVID-19 on its
business; statements regarding exchange rate fluctuations, changing crude oil prices , volume
growth, increases in market share, total shareholder return, executing our growth projects (including
LCCP), oil and gas reserves, cost reductions, our climate change strategy 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 and others are discussed more fully in our most recent annual report on
Form 20-F filed on 24 August 2020 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.
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,
expectations, developments and business strategies. Examples of such forward-looking statements
include, but are not limited to, the impact of the novel coronavirus (COVID-19) pandemic on Sasol’s
business, results of operations, financial condition and liquidity and statements regarding the
effectiveness of any actions taken by Sasol to address or limit any impact of COVID-19 on its
business; statements regarding exchange rate fluctuations, changing crude oil prices , volume
growth, increases in market share, total shareholder return, executing our growth projects (including
LCCP), oil and gas reserves, cost reductions, our climate change strategy 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 and others are discussed more fully in our most recent annual report on
Form 20-F filed on 24 August 2020 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.
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: 3 May 2021
has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: 3 May 2021
By:
/sgd/M du Toit
M du Toit
Name:
Title:
Group Company Secretary