Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. South Africa
  4. Johannesburg Stock Exchange
  5. Sasol Limited
  6. News
  7. Summary
    SOL   ZAE000006896

SASOL LIMITED

(SOL)
  Report
End-of-day quote. End-of-day quote Johannesburg Stock Exchange - 08/03
219.26 ZAR   +0.49%
07/27SECTOR UPDATE : Energy Stocks Trade Lower Pre-Bell Tuesday
MT
07/27SASOL : Yes _____ No __X__ (Form 6-K)
PU
07/27SASOL : Reports Decline in FY2021 External Sales Volume as Revenue Rises
MT
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Sasol South Africa to Divest 30% Interest in Republic of Mozambique Pipeline Investments Co.

05/13/2021 | 11:54pm EDT

By Cecilia Butini

Sasol Ltd. said Friday that its subsidiary Sasol South Africa Ltd. has entered into a sale-and-purchase agreement to sell a 30% interest in the Republic of Mozambique Pipeline Investments Co., known as Rompco.

Shares will be sold for a consideration comprised an initial amount of 4.15 billion South African rand ($294 million) and a deferred payment of up to ZAR1 billion payable if certain milestones are achieved by June 30, 2024.

As per the agreement, Sasol South Africa will retain a 20% shareholding in Rompco and will continue to operate and maintain the pipeline under the terms of a commercial agreement between Sasol and Rompco, which is independent of the divestment transaction.

The South African chemicals-and-energy group said the sale is to a consortium known as the Reatile consortium and comprising Reatile Group Proprietary Ltd. and the IDEAS fund, managed by African Infrastructure Investment Managers Proprietary Ltd.

The transaction should close in the second half of 2021, pending competition and government approvals, it said.

Write to Cecilia Butini at cecilia.butini@wsj.com

(END) Dow Jones Newswires

05-14-21 0154ET

Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL 0.80% 35116.4 Delayed Quote.14.14%
DOW JONES AFRICA TITANS 50 INDEX 0.05% 526.94 Delayed Quote.-0.45%
DOW JONES SOUTH AFRICA(ZAR) 0.00% 1897.5 Delayed Quote.8.39%
S&P AFRICA 40 INDEX 0.00% 171.6 Delayed Quote.-1.16%
SASOL LIMITED 0.49% 219.26 End-of-day quote.63.71%
All news about SASOL LIMITED
07/27SECTOR UPDATE : Energy Stocks Trade Lower Pre-Bell Tuesday
MT
07/27SASOL : Yes _____ No __X__ (Form 6-K)
PU
07/27SASOL : Reports Decline in FY2021 External Sales Volume as Revenue Rises
MT
07/27Sasol Says Fiscal Year 2021 Volumes in Line With Guidance
DJ
07/26SASOL : Secunda Shutdown's Supplier Vaccination Drive
PU
07/12SASOL : agrees sale of sodium cyanide business
PU
07/12Draslovka Holding A.S. agreed to acquire SODIUM CYANIDE BUSINESS OF Sasol Lim..
CI
07/06SASOL : And idc formalise partnership to co-develop south africa's hydrogen econ..
AQ
07/05Sasol and IDC Formalise Partnership to Co-Develop South Africa's Hydrogen Eco..
CI
07/05SASOL : and IDC formalise partnership to co-develop South Africa's hydrogen...
PU
More news
Financials
Sales 2021 199 B 13 909 M 13 909 M
Net income 2021 27 659 M 1 937 M 1 937 M
Net Debt 2021 99 989 M 7 003 M 7 003 M
P/E ratio 2021 4,82x
Yield 2021 -
Capitalization 138 B 9 601 M 9 646 M
EV / Sales 2021 1,20x
EV / Sales 2022 1,01x
Nbr of Employees 29 187
Free-Float 99,6%
Chart SASOL LIMITED
Duration : Period :
Sasol Limited Technical Analysis Chart | SOL | ZAE000006896 | MarketScreener
Technical analysis trends SASOL LIMITED
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 10
Last Close Price 219,26 ZAR
Average target price 271,10 ZAR
Spread / Average Target 23,6%
EPS Revisions
Managers and Directors
Fleetwood Grobler President, CEO & Executive Director
Paul Victor Chief Financial Officer & Executive Director
Sipho Abednego Nkosi Independent Non-Executive Chairman
Marius Brand Executive VP-Sasol 2.0 Transformation
Colin Beggs Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
SASOL LIMITED63.71%9 601
BASF SE3.03%72 133
SHIN-ETSU CHEMICAL CO., LTD.1.08%69 646
DUPONT DE NEMOURS, INC.4.61%39 724
ROYAL DSM N.V.22.19%34 618
EVONIK INDUSTRIES AG11.36%16 371