Sasol Ltd (SSL)

BUSINESS PERFORMANCE METRICS FOR THE NINE MONTHS ENDED 31 MARCH 2026 AND REVISED GUIDANCEApril 23, 2026 2:11 AM
PR Newswire (US)

JOHANNESBURG, April 23, 2026 /PRNewswire/ -- Sasol has published its business performance metrics for the nine months ended 31 March 2026 on the Company´s website at www.sasol.com, under the Investor Centre section: https://www.sasol.com/investor-centre/financial-results.The importance of domestic supply of both energy and chemical products and Sasol's role in delivering it was reinforced during this quarter following the conflict in the Middle East and the associated closure of the Strait of Hormuz.Our response has been focused on sustaining uninterrupted operations and leveraging our integrated value chain to ensure consistent supply of products to our customers while maintaining discipline on cost and capital spend.  SafetySafety remains our foremost value. While we have seen improvements in key indicators, including hospitalisations and fire, explosion and release (FER) metrics, we are deeply saddened to report that a fatality occurred on 16 April 2026 at our Secunda Operations (SO). It serves as a stark reminder of the critical importance of safety in everything we do. We remain focused on strengthening our safety culture across the business, with a clear commitment to ensuring every employee and service provider returns home safely, every day.Following recent developments in the Middle East, we confirm that all employees in our operations and offices in affected areas are safe.Business performance In the Southern Africa business, the destoning plant continued to deliver improved coal quality, with average sinks in line with expectations and higher coal production reducing external coal purchases. In Mozambique, country-wide flooding impacted condensate logistics and transportation, that necessitated reducing gas production. Overall SO production benefitted from improved coal quality and gasifier availability despite plant outages in Q3, however, was 8% higher than the prior year.Natref increased production during the quarter, supported by strong market demand linked to energy security concerns. Despite the Middle East conflict constraining sour crude supply, Sasol mitigated this through sourcing sour crude from other regions, resulting in continued strong sales volumes for the quarter. ORYX GTL production was significantly lower, following the shutdown of the plant due to gas supply disruption in early March, with the timing of a restart remaining uncertain. Revenue for Chemicals Africa increased compared to the previous quarter, driven by higher volumes and prices.In the International Chemicals business, performance reflected a mixed macro environment. In the United States, the business benefited from more favourable pricing and improved production performance. In Eurasia, sales were higher on tightened global supply, but higher input costs and feedstock constraints impacted production, resulting in the force majeure on certain products. While tight supply is supporting current demand, we remain cautious on the medium-term outlook, focusing on managing input cost pressures to support margins and optimising production across our value chains.We continue to actively manage our exposure to oil price and currency volatility through our hedging programme. During the quarter, we completed our FY27 oil hedging programme, securing downside protection while retaining upside participation. The ZAR/USD hedging programme for FY27 is still underway.Business updatesStrengthen the foundation business:The Integrated Processing Facility (IPF) for the PSA (Production Sharing Agreement) became operational in March 2026, which enabled the first in-country production of LPG. This displaces a significant quantity of imported LPG, while also contributing additional natural gas, light oil and condensate production.In March 2026, Sasol successfully issued a US$750 million seven-year bond at a coupon rate of 8,75%. The proceeds were used to partially repurchase the 2028 and 2029 bonds, resulting in the transaction being debt-neutral, while successfully extending the debt maturity profile and retaining a strong liquidity position.Grow and Transform:Sasol achieved a significant milestone in Q3 FY26, with Natref becoming the first refinery in Africa to attain International Sustainability & Carbon Certification PLUS (ISCC PLUS) product sustainability certification. The certification covers Sustainable Aviation Fuel (SAF) and Renewable Diesel produced through the co-processing of used cooking and vegetable oil feedstocks, as well as the production of certified sustainable chemicals at Sasol's Secunda Operations.OutlookOur previous FY26 guidance remains unchanged, except for the following:Fuel sales volumes have been revised upwards from 5 - 10% higher to 10 - 15% higher than FY25 due to stable SO production, higher Natref volumes and increased demand;Gas production volumes have been revised down from 0 - 5% below FY25 to 5 - 10% below FY25, due to the Mozambican flooding and well availability constraints at the Petroleum Production Agreement (PPA) asset;Capital expenditure has been revised downwards from R22 - 24bn to R20 - 22bn, supported by ongoing capital optimisation and the deferral of non-critical shutdowns. Working capital has increased following the Middle East conflict. Prudent working capital management remains a key focus area for the business for the remainder of FY26.Looking ahead, the operating environment is expected to remain volatile, driven by ongoing geopolitical uncertainty and evolving market dynamics. We remain focused on maintaining operational continuity, supporting our customers and proactively responding to changing market conditions.For further information, please contact:Sasol Investor Relations,
Tiffany Sydow, VP Investor Relations
Telephone: +27 (0) 71 673 1929
investor.relations@sasol.comDisclaimer- Forward-Looking StatementsSasol may, in this document, make certain statements that are not historical facts that 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. 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 29 August 2025 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, and you should not place undue reliance on forward-looking statements. 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. Forward looking statements, financial information and targets included in this statement have not been reviewed or reported on by Sasol's auditors. 



View original content:https://www.prnewswire.com/news-releases/business-performance-metrics-for-the-nine-months-ended-31-march-2026-and-revised-guidance-302751404.htmlSOURCE Sasol Limited

Original: BUSINESS PERFORMANCE METRICS FOR THE NINE MONTHS ENDED 31 MARCH 2026 AND REVISED GUIDANCE

SASOL FINANCING USA LLC ANNOUNCES EARLY RESULTS OF CASH TENDER OFFER FOR OUTSTANDING DEBT SECURITIESApril 14, 2026 8:38 AM
PR Newswire (US)

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO ANY PERSON RESIDENT AND/OR LOCATED IN, ANY JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION IS UNLAWFULJOHANNESBURG, April 14, 2026 /PRNewswire/ -- Sasol Financing USA LLC (NYSE: SSL) ("Sasol" or the "Company") announced today the early tender results of its previously announced tender offer (the "Capped Tender Offer") to purchase for cash up to $333,796,000 aggregate principal amount (the "Capped Maximum Amount") of its 8.750% notes due 2029 (the "2029 Notes"). The Capped Tender Offer is being made pursuant to the terms and conditions set forth in the Offer to Purchase dated March 30, 2026 (the "Offer to Purchase"). The Company refers investors to the Offer to Purchase for the complete terms and conditions of the Capped Tender Offer. Unless otherwise defined herein, terms defined in the Offer to Purchase (as defined below) are used herein as therein defined.As of 5:00 p.m., New York City time, on April 13, 2026 (such date and time, the "Early Tender Date"), according to information provided to Kroll Issuer Services Limited, the tender agent for the Capped Tender Offer, the aggregate principal amount of the 2029 Notes listed in the table below has been validly tendered and not validly withdrawn. Withdrawal rights for the 2029 Notes will expire at 5:00 p.m., New York City time, April 28, 2026, unless extended by the Company in its sole discretion. 




Dollars per $1,000 Principal Amount of 2029 Notes(2)Title of
SecurityCUSIP/ ISIN
NumberPrincipal
Amount
Outstanding(1)Aggregate
Principal Amount
of 2029 Notes
Validly TenderedAggregate Principal
Amount of 2029
Notes Expected to be
Accepted for
Purchase (4)Capped
Tender Offer
ConsiderationEarly
Tender
PremiumTotal
Consideration(3)Listing
Venue8.750%
notes
due 2029   144A –
80386W AF2 /
US80386WAF23  $1,000,000,000   $533,268,000   $333,796,000   $1,022.50   $30.00   $1,052.50(3)      Frankfurt
Stock
Exchange
Open Market
 (Freiverkehr)  Regulation S -
U8035U AC6 /
USU8035UAC63
(1)           Principal amount outstanding as of the Commencement Date.
(2)           Does not include Accrued Interest, which will also be payable as provided herein.
(3)           Includes the Early Tender Premium (as defined in the Offer to Purchase).
(4)           Principal amount expected to be accepted for purchase, subject to exercise of withdrawal rights by holders. Subject to the satisfaction or waiver of the conditions to the Capped Tender Offer, the Company expects to accept for purchase all 2029 Notes that were validly tendered at or prior to the Early Tender Date up to the Capped Maximum Amount. The Company expects to make payment for the accepted 2029 Notes on April 30, 2026 (the "Capped Tender Offer Settlement Date"). The Company intends to fund the purchase of validly tendered and accepted 2029 Notes on the Capped Tender Offer Settlement Date with the net proceeds from its $750,000,000 senior notes due 2033 issued on April 10, 2026.The Capped Tender Offer is scheduled to expire at 5:00 p.m., New York City time, on April 28, 2026. However, because the aggregate principal amount of 2029 Notes validly tendered as of the Early Tender Date exceeds the Capped Maximum Amount, the Company does not expect to accept any 2029 Notes tendered after the Early Tender Date.The consideration to be paid for the 2029 Notes validly tendered and not validly withdrawn per $1,000 principal amount of such 2029 Notes validly tendered and accepted for purchase pursuant to the Capped Tender Offer is the amount set forth in the table above under the heading "Total Consideration." The amounts set forth in the table above under "Total Consideration" include an early tender premium of $30.00 per $1,000 principal amount of 2029 Notes accepted for purchase (the "Early Tender Premium"). Each holder who validly tendered and did not validly withdraw its 2029 Notes at or prior to the Early Tender Date and whose 2029 Notes are accepted for purchase will be entitled to receive the applicable "Total Consideration" set forth in the table above under the heading "Total Consideration," which includes the Early Tender Premium, on a prorated basis if applicable. All holders of 2029 Notes accepted for purchase will also receive accrued interest from, and including, the most recent applicable interest payment date preceding the Capped Tender Offer Settlement Date to, but not including, the Capped Tender Offer Settlement Date, if and when such 2029 Notes are accepted for payment.INFORMATION RELATING TO THE CAPPED TENDER OFFERThe complete terms and conditions of the Capped Tender Offer are set forth in the Offer to Purchase. Investors with questions regarding the terms and conditions of the Capped Tender Offer may contact J.P. Morgan Securities plc at +44 20 2468 or by email to em_europe_lm@jpmorgan.com (Attention: Liability Management) and MUFG Securities EMEA plc at +44 20 7577 1374 or by email to Hybrids.LM@int.sc.mufg.jp (Attention: Liability Management Group).Kroll Issuer Services Limited is the tender agent for the Capped Tender Offer. Any questions regarding procedures for tendering 2029 Notes or request for copies of the Offer to Purchase should be directed to Kroll Issuer Services Limited by any of the following means: by telephone at +44 20 7704 0880; by email at sasol@is.kroll.com; or by internet at the following web address: https://deals.is.kroll.com/sasol.This press release does not constitute an offer to sell or purchase, or a solicitation of an offer to sell or purchase, or the solicitation of tenders with respect to, the 2029 Notes. No offer, solicitation, purchase or sale will be made in any jurisdiction in which such an offer, solicitation or sale would be unlawful. The Capped Tender Offer is being made solely pursuant to the Offer to Purchase made available to holders of the 2029 Notes. Further, nothing contained herein shall constitute an offer to sell or a solicitation of an offer to buy any debt securities that are the subject of the Debt Financing. None of the Company or its affiliates, their respective boards of directors, the dealer managers, the tender agent or the trustee with respect to the 2029 Notes is making any recommendation as to whether or not holders should tender or refrain from tendering all or any portion of their 2029 Notes in response to the Capped Tender Offer. Holders are urged to evaluate carefully all information in the Offer to Purchase, consult their own investment and tax advisors and make their own decisions whether to tender 2029 Notes in the Capped Tender Offer, and, if so, the principal amount of 2029 Notes to tender.This document and any documents detailing the investment or investment activity to which this announcement relates are for distribution only to persons who (i) have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the "Financial Promotion Order"), (ii) are persons falling within Article 43(2) ("members and creditors of certain bodies corporate") of the Financial Promotion Order, (iii) are persons falling within Article 49(2)(a) to (d) ("high net worth companies, unincorporated associations etc.") of the Financial Promotion Order, (iv) are outside the United Kingdom, or (v) are persons to whom an invitation or inducement to engage in investment activity (within the meaning of section 21 of the Financial Services and Markets Act 2000) in connection with the issue or sale of any securities may otherwise lawfully be communicated or caused to be communicated (all such persons together being referred to as "relevant persons"). This document is directed only at relevant persons and must not be acted on or relied on by persons who are not relevant persons.  Any investment or investment activity to which this document relates is available only to relevant persons and will be engaged in only with relevant persons.This tender offer is not intended to be offered or otherwise made available to and should not be offered or otherwise made available to any retail investor in any member state of the EEA in circumstances in which this tender offer is restricted to non-retail investors. For these purposes, a "retail investor" means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, "MiFID II"); or (ii) a customer within the meaning of Directive (EU) 2016/97 (as amended, the "IDD"), where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II.ABOUT SASOLA global chemicals and energy company, Sasol harnesses its knowledge and over 75 years' experience in the production and marketing of chemicals and fuels to integrate sophisticated technologies and processes into world-scale operating facilities, striving to safely and sustainably source, produce and market a range of high-quality products globally. Additional information can be found on the Company's website at https://www.sasol.com/ or at the Company's address below:Sasol Financing USA LLC
12120 Wickchester Lane
Houston, Texas 77079
United States of AmericaFORWARD-LOOKING STATEMENTSThis news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identified through the inclusion of words such as "aim", "anticipate", "believe", "drive", "estimate", "expect", "expressed confidence", "forecast", "future", "goal", "guidance", "intend", "may", "objective", "outlook", "plan", "position", "potential", "project", "seek", "should", "strategy", "target", "will" or variations of such words and other similar expressions. 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 materialize, or should underlying assumptions prove incorrect, our actual results may differ materially from those anticipated in such forward-looking statements. 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 include among others, and without limitation:the outcome in pending and developing regulatory matters and the effect of changes in regulation and government policy;the political, social and fiscal regime and economic conditions and developments in the world, especially in those countries in which we operate;the outcome of legal proceedings including tax litigation and assessments;our ability to maintain key customer relations in important markets;our ability to improve results despite increased levels of competition;our ability to exploit our oil, gas and coal reserves as anticipated;        the continuation of substantial growth in significant developing markets;the ability to benefit from our capital investment program;the accuracy of our assumptions in assessing the economic viability of our large capital projects and growth in significant developing areas of our business;the ability to gain access to sufficient competitively priced gas, oil and coal reserves and other commodities;the impact of environmental legislation and regulation on our operations and access to natural resources;our success in continuing technological innovation;the success of our Broad Based Black Economic Empowerment ownership transaction;our ability to maintain sustainable earnings despite fluctuations in oil, gas and commodity prices, foreign currency exchange rates and interest rates;our ability to maintain sufficient levels of cash at all times;our ability to attract and retain sufficient skilled employees;the impact of the imposition of tariffs, sanctions, and trade restrictions in the countries we operate, or targeting the countries in which we operate; our ability to consummate the Tender Offers or the Debt Financing on the anticipated terms, if at all; andour success at managing the foregoing risks.For further discussion of factors that could cause one or more of these future events or results not to occur as implied by any forward-looking statement, see "Risk Factors" in our most recent annual report on Form 20-F filed with the U.S. Securities and Exchange Commission ("SEC") and any subsequent current report on Form 6-K that we file, available from the SEC's website. Sasol undertakes no duty to publicly update or revise any forward-looking statements.Contact: sasol@is.kroll.com 



View original content:https://www.prnewswire.com/news-releases/sasol-financing-usa-llc-announces-early-results-of-cash-tender-offer-for-outstanding-debt-securities-302741716.htmlSOURCE Sasol Financing USA LLC

Original: SASOL FINANCING USA LLC ANNOUNCES EARLY RESULTS OF CASH TENDER OFFER FOR OUTSTANDING DEBT SECURITIES

SASOL FINANCING USA LLC ANNOUNCES RESULTS OF CASH TENDER OFFER FOR ANY AND ALL OUTSTANDING DEBT SECURITIESApril 7, 2026 6:32 AM
PR Newswire (US)

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO ANY PERSON RESIDENT AND/OR LOCATED IN, ANY JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION IS UNLAWFUL JOHANNESBURG, April 7, 2026 /PRNewswire/ -- Sasol Financing USA LLC (NYSE: SSL) ("Sasol" or the "Company") announced today the results of its previously announced tender offer (the "Any and All Tender Offer") to purchase for cash any and all of its outstanding 6.500% Notes due 2028 (the "2028 Notes"). The Any and All Tender Offer is being made pursuant to the terms and conditions set forth in the Offer to Purchase dated March 30, 2026 (the "Offer to Purchase") and the related Notice of Guaranteed Delivery. The Company refers investors to the Offer to Purchase for the complete terms and conditions of the Any and All Tender Offer. Unless otherwise defined herein, terms defined in the Offer to Purchase (as defined below) are used herein as therein defined.As of 5:00 p.m., New York City time, on April 6, 2026 (such date and time, the "Any and All Tender Offer Expiration Date"), according to information provided to Kroll Issuer Services Limited, the tender agent for the Any and All Tender Offer, the aggregate principal amount of 2028 Notes listed in the table below has been validly tendered and not validly withdrawn. As of the date hereof, tender instructions for $236,000 aggregate principal amount of 2028 Notes have been received using the Notice of Guaranteed Delivery procedures described in the Offer to Purchase. The Any and All Guaranteed Delivery Expiration Date is 5:00 p.m., New York City time, on April 8, 2026. Withdrawal rights for the 2028 Notes expired at 5:00 p.m., New York City time, on the Any and All Tender Offer Expiration Date.  Title of
SecurityCUSIP/ ISIN
NumberPrincipal
Amount
Outstanding(1)Aggregate
Principal
Amount of 2028
Notes Validly
Tendered(4)Aggregate
Principal
Amount of 2028
Notes Accepted
for Purchase(5)Total
Consideration
(2) (3)Listing
Venue6.500% notes
due 202880386W AB1/
US80386WAB19$750,000,000$416,204,000$416,204,000$1,012.50New York
Stock Exchange













(1)           Principal amount outstanding as of the Commencement Date.
(2)           U.S. Dollars per $1,000 principal amount of 2028 Notes.
(3)           Does not include Accrued Interest, which will also be payable as provided herein.
(4)           Excluding 2028 Notes tendered using Notice of Guaranteed Delivery procedures.
(5)           Subject to the valid tender of the 2028 Notes tendered by Notice of Guaranteed Delivery. Subject to the satisfaction or waiver of the conditions to the Any and All Tender Offer, the Company expects to accept for purchase all 2028 Notes that were validly tendered at or prior to the Any and All Tender Offer Expiration Date. The Company expects to make payment for the accepted 2028 Notes on April 10, 2026 (the "Any and All Tender Offer Settlement Date"). The Company intends to fund the purchase of validly tendered and accepted 2028 Notes on the Any and All Tender Offer Settlement Date with the net proceeds from the Debt Financing (as defined herein).The Any and All Tender Offer is conditioned upon, among other things, the successful completion (in the sole determination of the Company) of one or more debt financing transactions raising aggregate gross proceeds of an amount at least equal to $750,000,000 (the "Debt Financing" and such condition, the "Financing Condition"). The Company expects to satisfy the Financing Condition with the closing of its offering of new 8.750% senior notes due 2033, which is expected to occur on April 10, 2026. However, no assurances can be given that the Company will complete the Debt Financing.The consideration to be paid for the 2028 Notes validly tendered and not validly withdrawn per $1,000 principal amount of such 2028 Notes validly tendered and accepted for purchase pursuant to the Any and All Tender Offer is the amount set forth in the table above under the heading "Total Consideration." Each holder who validly tendered and did not validly withdraw its 2028 Notes at or prior to the Any and All Tender Offer Expiration Date and whose 2028 Notes are accepted for purchase will be entitled to receive the applicable "Total Consideration" set forth in the table above under the heading "Total Consideration." All holders of 2028 Notes accepted for purchase will also receive accrued interest from, and including, the most recent applicable interest payment date preceding the Any and All Tender Offer Settlement Date to, but not including, the Any and All Tender Offer Settlement Date.INFORMATION RELATING TO THE ANY AND ALL TENDER OFFERThe complete terms and conditions of the Any and All Tender Offer are set forth in the Offer to Purchase. Investors with questions regarding the terms and conditions of the Any and All Tender Offer may contact J.P. Morgan Securities plc at +44 20 2468 or by email to em_europe_lm@jpmorgan.com (Attention: Liability Management) and MUFG Securities EMEA plc at +44 20 7577 1374 or by email to Hybrids.LM@int.sc.mufg.jp (Attention: Liability Management Group).Kroll Issuer Services Limited is the tender agent for the Any and All Tender Offer. Any questions regarding procedures for tendering 2028 Notes or request for copies of the Offer to Purchase should be directed to Kroll Issuer Services Limited by any of the following means: by telephone at +44 20 7704 0880; by email at sasol@is.kroll.com; or by internet at the following web address: https://deals.is.kroll.com/sasol.This press release does not constitute an offer to sell or purchase, or a solicitation of an offer to sell or purchase, or the solicitation of tenders with respect to, the 2028 Notes. No offer, solicitation, purchase or sale will be made in any jurisdiction in which such an offer, solicitation or sale would be unlawful. The Any and All Tender Offer is being made solely pursuant to the Offer to Purchase made available to holders of the 2028 Notes. Further, nothing contained herein shall constitute an offer to sell or a solicitation of an offer to buy any debt securities that are the subject of the Debt Financing. None of the Company or its affiliates, their respective boards of directors, the dealer managers, the tender agent or the trustee with respect to the 2028 Notes is making any recommendation as to whether or not holders should tender or refrain from tendering all or any portion of their 2028 Notes in response to the Any and All Tender Offer. Holders are urged to evaluate carefully all information in the Offer to Purchase, consult their own investment and tax advisors and make their own decisions whether to tender 2028 Notes in the Any and All Tender Offer, and, if so, the principal amount of 2028 Notes to tender.This document and any documents detailing the investment or investment activity to which this announcement relates are for distribution only to persons who (i) have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the "Financial Promotion Order"), (ii) are persons falling within Article 43(2) ("members and creditors of certain bodies corporate") of the Financial Promotion Order, (iii) are persons falling within Article 49(2)(a) to (d) ("high net worth companies, unincorporated associations etc.") of the Financial Promotion Order, (iv) are outside the United Kingdom, or (v) are persons to whom an invitation or inducement to engage in investment activity (within the meaning of section 21 of the Financial Services and Markets Act 2000) in connection with the issue or sale of any securities may otherwise lawfully be communicated or caused to be communicated (all such persons together being referred to as "relevant persons"). This document is directed only at relevant persons and must not be acted on or relied on by persons who are not relevant persons.  Any investment or investment activity to which this document relates is available only to relevant persons and will be engaged in only with relevant persons.This tender offer is not intended to be offered or otherwise made available to and should not be offered or otherwise made available to any retail investor in any member state of the EEA in circumstances in which this tender offer is restricted to non-retail investors. For these purposes, a "retail investor" means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, "MiFID II"); or (ii) a customer within the meaning of Directive (EU) 2016/97 (as amended, the "IDD"), where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II. ABOUT SASOLA global chemicals and energy company, Sasol harnesses its knowledge and over 75 years' experience in the production and marketing of chemicals and fuels to integrate sophisticated technologies and processes into world-scale operating facilities, striving to safely and sustainably source, produce and market a range of high-quality products globally. Additional information can be found on the Company's website at https://www.sasol.com/ or at the Company's address below:Sasol Financing USA LLC
12120 Wickchester Lane
Houston, Texas 77079
United States of America FORWARD-LOOKING STATEMENTSThis news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identified through the inclusion of words such as "aim", "anticipate", "believe", "drive", "estimate", "expect", "expressed confidence", "forecast", "future", "goal", "guidance", "intend", "may", "objective", "outlook", "plan", "position", "potential", "project", "seek", "should", "strategy", "target", "will" or variations of such words and other similar expressions. 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 materialize, or should underlying assumptions prove incorrect, our actual results may differ materially from those anticipated in such forward-looking statements. 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 include among others, and without limitation:the outcome in pending and developing regulatory matters and the effect of changes in regulation and government policy;the political, social and fiscal regime and economic conditions and developments in the world, especially in those countries in which we operate;the outcome of legal proceedings including tax litigation and assessments;our ability to maintain key customer relations in important markets;our ability to improve results despite increased levels of competition;our ability to exploit our oil, gas and coal reserves as anticipated;        the continuation of substantial growth in significant developing markets;the ability to benefit from our capital investment program;the accuracy of our assumptions in assessing the economic viability of our large capital projects and growth in significant developing areas of our business;the ability to gain access to sufficient competitively priced gas, oil and coal reserves and other commodities;the impact of environmental legislation and regulation on our operations and access to natural resources;our success in continuing technological innovation;the success of our Broad Based Black Economic Empowerment ownership transaction;our ability to maintain sustainable earnings despite fluctuations in oil, gas and commodity prices, foreign currency exchange rates and interest rates;our ability to maintain sufficient levels of cash at all times;our ability to attract and retain sufficient skilled employees;the impact of the imposition of tariffs, sanctions, and trade restrictions in the countries we operate, or targeting the countries in which we operate; our ability to consummate the Tender Offers or the Debt Financing on the anticipated terms, if at all; andour success at managing the foregoing risks.For further discussion of factors that could cause one or more of these future events or results not to occur as implied by any forward-looking statement, see "Risk Factors" in our most recent annual report on Form 20-F filed with the U.S. Securities and Exchange Commission ("SEC") and any subsequent current report on Form 6-K that we file, available from the SEC's website. Sasol undertakes no duty to publicly update or revise any forward-looking statements.Contact: sasol@is.kroll.com 



View original content:https://www.prnewswire.com/news-releases/sasol-financing-usa-llc-announces-results-of-cash-tender-offer-for-any-and-all-outstanding-debt-securities-302735638.htmlSOURCE Sasol Financing USA LLC

Original: SASOL FINANCING USA LLC ANNOUNCES RESULTS OF CASH TENDER OFFER FOR ANY AND ALL OUTSTANDING DEBT SECURITIES

Sasol issues US dollar senior notesApril 1, 2026 9:26 AM
PR Newswire (US)

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN ANY JURISDICTION WHERE TO DO SO WOULD BE UNLAWFUL.JOHANNESBURG, April 1, 2026 /PRNewswire/ -- Sasol Limited ("Sasol") herewith announces that its wholly owned subsidiary Sasol Financing USA LLC (the "Issuer") has priced an offering of US$-denominated, Rule 144A / Regulation S notes (the "Notes"), being $750 million of notes due 2033. The Notes will bear a coupon at a rate of 8.750% per annum. The Notes will be general unsecured obligations of the Issuer and will be fully and unconditionally guaranteed by Sasol Limited. The offering is expected to close on April 10, 2026, subject to customary closing conditions. The proceeds of the offering will be used for repayment of existing indebtedness, and general corporate purposes.This announcement does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The offering of the Notes will be made pursuant to an exemption under Regulation (EU) 2017/1129 (as amended or superseded) ( the "Prospectus Regulation"), as implemented in Member States of the European  Economic Area, from the requirement to produce a prospectus for offers of securities. This announcement does not constitute an advertisement for the purposes of the Prospectus Regulation.The Notes have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or any U.S. state security laws. Accordingly, the Notes are being offered and sold in the United States only to qualified institutional buyers in accordance with Rule 144A under the Securities Act and outside the United States to non-US persons in accordance with Regulation S under the Securities Act. The Notes referred to herein may not be offered or sold in the United States absent registration under the Securities Act, or an exemption from registration. The Notes being offered pursuant to an exception from the public offer prohibition contained in the Public Offers and Admissions to Trading Regulations 2024 (the "POATRs") and  accordingly there will not be a prospectus prepared or published for the purposes of the POATRs or the Prospectus Rules: Admission to Trading on a Regulated Market sourcebook. MiFID II professionals/ECPs-only/No PRIIPs KID – Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients only (all distribution channels). No PRIIPs key information document (KID) has been prepared as not available to retail in EEA. UK MiFIR professionals/COBS ECPs-only/No UK PRIIPs KID – Manufacturer target market (UK MiFIR product governance) is eligible counterparties and professional clients only (all distribution channels). No UK PRIIPs key information document (KID) has been prepared as not available to retail in UK.The documentation detailing the investment or investment activity to which this press release relates has not been approved by an authorized person in the United Kingdom and is for distribution only to persons who (i) have professional experience in matters relating to investments falling within Article 19(5) of the UK Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Financial Promotion Order"), (ii) are persons falling within Articles 49(2)(a) to (d) (high net worth companies, unincorporated associations, etc.) of the Financial Promotion Order, (iii) are outside the United Kingdom or (iv) are persons to whom an invitation or inducement to engage in investment activity within the meaning of Section 21 of the UK Financial Services and Markets Act 2000 in connection with the issue or sale of any securities may otherwise lawfully be communicated or caused to be communicated (all such persons together being referred to as "relevant persons"). The documentation detailing the investment or investment activity is directed only at relevant persons and must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this press release relates is available only to relevant persons and will be engaged in only with relevant persons.FORWARD LOOKING STATEMENTSSasol may, in this document, make certain statements that are not historical facts that 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. 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 29 August, 2025 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, and you should not place undue reliance on forward-looking statements. 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.This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 ("MAR") and MAR as it forms part of domestic law in the United Kingdom by virtue of the EUWA. The person responsible for the release of this information on behalf of the Issuer is Elizna Viljoen, Group Company Secretary.CONTACT: Elizna Viljoen, Elizna.Viljoen@sasol.com



View original content:https://www.prnewswire.com/news-releases/sasol-issues-us-dollar-senior-notes-302731407.htmlSOURCE Sasol Financing USA LLC

Original: Sasol issues US dollar senior notes

Sasol Financing USA LLC Announces the Commencement of Cash Tender Offers for Outstanding Debt Securities and New Senior Notes OfferingMarch 30, 2026 7:05 AM
PR Newswire (US)

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO ANY PERSON RESIDENT AND/OR LOCATED IN, ANY JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION IS UNLAWFULJOHANNESBURG, March 30, 2026 /PRNewswire/ -- Sasol Financing USA LLC (NYSE: SSL) ("Sasol" or the "Company") announced today the commencement of a series of tender offers to purchase for cash of (i) any and all of its outstanding 6.500% notes due 2028 (the "2028 Notes"); and (ii) up to an aggregate principal amount that does not exceed an amount equal to $750,000,000 less the aggregate principal amount of 2028 Notes accepted for purchase in the tender offer for the 2028 Notes (the "Capped Maximum Amount" of its 8.750% notes due 2029 (the "2029 Notes, and together with the 2028 Notes, the "Notes"). Unless otherwise defined herein, terms defined in the Offer to Purchase (as defined below) are used herein as therein defined. 




Dollars per $1,000 Principal Amount of Notes(2)Title of SecurityCUSIP/ ISIN
NumberOffer TypePrincipal Amount
OutstandingTender Offer
ConsiderationEarly Tender
PremiumTotal
ConsiderationListing
Venue6.500% notes
due 2028 80386W AB1/
US80386WAB19Any and
All Offer$750,000,000$1,012.50N/A$1,012.50New York
Stock Exchange8.750% notes
due 2029(1)144A – 80386W AF2 /
US80386WAF23Capped Offer$1,000,000,000$1,022.50$30.00$1,052.50(3)Frankfurt Stock
ExchangeOpen Market
(Freiverkehr)Regulation S - U8035U AC6 /
USU8035UAC63 (1) Subject to the Capped Maximum Amount, the principal amount of 2029 Notes validly tendered prior to or at the Early Tender Date will be accepted for purchase, on a prorated basis if applicable, in priority to other 2029 Notes validly tendered after the Early Tender Date.
(2) Does not include Accrued Interest, which will also be payable as provided herein.
(3) Includes the Early Tender Premium (as defined in the Offer to Purchase).The tender offers are being made upon the terms and subject to conditions, including the Financing Condition (as defined below), described in the Offer to Purchase, dated March 30, 2026 (the "Offer to Purchase") and, with respect to the tender offer for the 2028 Notes, the related Notice of Guaranteed Delivery, which sets forth a detailed description of the tender offers. The Company reserves the right, but is under no obligation, to increase or decrease the Capped Maximum Amount in its sole discretion at any time without extending or reinstating withdrawal rights, subject to compliance with applicable law.The tender offers are conditioned upon, among other things, the successful completion (in the sole determination of the Company) of its offering of new senior notes due 2033 guaranteed by Sasol Limited (the "Guarantor"), which is expected to occur on April 10, 2026 (the "Debt Financing" and such condition, the "Financing Condition"). No assurances can be given that the Company will complete the Debt Financing.The tender offer for the 2028 Notes will expire at 5:00 p.m., New York City time, on April 6, 2026, or any other date and time to which the Company extends the applicable tender offer (such date and time, as it may be extended with respect to a tender offer, the "Any and All Tender Offer Expiration Date"), unless earlier terminated. The tender offer for the 2029 Notes will expire at 5:00 p.m., New York City time, on April 28, 2026, or any other date and time to which the Company extends the applicable tender offer (such date and time, as it may be extended with respect to a tender offer, the "Capped Tender Offer Expiration Date" and, together with the Any and All Tender Offer Expiration Date, the "Expiration Dates" and each an "Expiration Date"), unless earlier terminated. Holders of the 2029 Notes must validly tender and not validly withdraw their Notes prior to or at 5:00 p.m., New York City time, on April 13, 2026 (such date and time, as it may be extended with respect to a tender offer, the "Early Tender Date"), to be eligible to receive the applicable Total Consideration (as defined below). If a holder validly tenders 2029 Notes after the Early Tender Date but prior to or at the Capped Tender Offer Expiration Date, the holder will only be eligible to receive the applicable Tender Offer Consideration (as defined below).The Guarantor's board of directors has provided the necessary approvals, including the provision of financial assistance under section 45 of the South African Companies Act 71 of 2008 and has applied the solvency and liquidity test. The Guarantor's board of directors has agreed on the commencement date for the transactions described herein to take place after the release of the Guarantor's results for the six months ended December 31, 2025, and has delegated its authority to the transaction committee (comprising the chief financial officer, chief executive officer and chairman of the audit committee) to approve the final terms of the transaction.In addition to the consideration set forth in the table above, all holders of Notes accepted for purchase in the tender offers will receive accrued and unpaid interest on such Notes from the last interest payment date with respect to such Notes to, but not including, the applicable settlement date.Subject to the Capped Maximum Amount, holders of 2029 Notes validly tendered (and not validly withdrawn) prior to the Early Tender Date, where applicable, and accepted for purchase, on a prorated basis if applicable, pursuant to the applicable tender offer will receive the applicable tender offer consideration set forth in the table above (with respect to each series of Notes, the "Tender Offer Consideration") plus the early tender offer premium for the 2029 Notes set forth in the table above (the "Early Tender Premium" and, together with the applicable Tender Offer Consideration, the "Total Consideration"). Holders of 2029 Notes validly tendered (and not validly withdrawn) after the Early Tender Date, but before or at the Capped Tender Offer Expiration Date, and accepted for purchase pursuant to the applicable tender offer will receive the applicable Tender Offer Consideration, but not the Early Tender Premium. No tenders will be valid if submitted after the applicable Expiration Date. 2029 Notes validly tendered prior to or at the Early Tender Date will be accepted for purchase, on a prorated basis if applicable, in priority to other 2029 Notes validly tendered after the Early Tender Date. For the avoidance of doubt, 2029 Notes tendered before the Early Tender Date but subsequently withdrawn and then tendered once again following the Early Tender Date but before the Capped Tender offer Expiration Date, and accepted for purchase, will receive Capped Tender Offer Consideration, but not the Early Tender Premium.The Company intends to fund the purchase of validly tendered and accepted Notes with the net proceeds from the Debt Financing. The purpose of the tender offers is to enhance the Company's debt maturity profile.The tender offers will expire on the applicable Expiration Date. Except as set forth below, payment for the 2028 Notes that are validly tendered prior to or at the Any and All Tender Offer Expiration Date or through the guaranteed delivery procedures and that are accepted for purchase will be made on April 10, 2026, the fourth business day after the Any and All Tender Offer Expiration Date. Payment for the 2029 Notes that are validly tendered prior to or at the Capped Tender Offer Expiration Date and that are accepted for purchase will be made on April 30, 2026, the second business day after the Capped Tender Offer Expiration Date.Tendered Notes may be withdrawn prior to or at, but not after, (i) for the 2028 Notes, 5:00 p.m., New York City time on the Any and All Tender Offer Expiration Date; and (ii) for the 2029 Notes, 5:00 p.m., New York City time, on the Capped Tender Offer Expiration Date.The tender offers are subject to the satisfaction or waiver of certain conditions which are specified in the Offer to Purchase, including the Financing Condition. The tender offers are not conditioned on any minimum principal amount of Notes being tendered.INFORMATION RELATING TO THE TENDER OFFERSThe Offer to Purchase is being distributed to holders beginning today. J.P. Morgan Securities plc and MUFG Securities EMEA plc are the dealer managers for the tender offers. Investors with questions regarding the terms and conditions of the tender offers may J.P. Morgan Securities plc at +44 20 2468 or by email to em_europe_lm@jpmorgan.com (Attention: Liability Management) and MUFG Securities EMEA plc at +44 20 7577 1374 or by email to Hybrids.LM@int.sc.mufg.jp (Attention: Liability Management Group).Kroll Issuer Services Limited is the tender agent for the Tender Offers. Any questions regarding procedures for tendering Notes or request for copies of the Offer to Purchase should be directed to Kroll Issuer Services Limited by any of the following means: by telephone at +44 20 7704 0880; by email at sasol@is.kroll.com; or by internet at the following web address: https://deals.is.kroll.com/sasol.This press release does not constitute an offer to sell or purchase, or a solicitation of an offer to sell or purchase, or the solicitation of tenders with respect to, the Notes. No offer, solicitation, purchase or sale will be made in any jurisdiction in which such an offer, solicitation or sale would be unlawful. The tender offers are being made solely pursuant to the Offer to Purchase made available to holders of the Notes. Further, nothing contained herein shall constitute an offer to sell or a solicitation of an offer to buy any debt securities that are the subject of the Debt Financing. None of the Company or its affiliates, their respective boards of directors, the dealer managers, the tender and information agent or the trustee with respect to any series of Notes is making any recommendation as to whether or not holders should tender or refrain from tendering all or any portion of their Notes in response to the tender offers. Holders are urged to evaluate carefully all information in the Offer to Purchase, consult their own investment and tax advisors and make their own decisions whether to tender Notes in the tender offers, and, if so, the principal amount of Notes to tender.This document and any documents detailing the investment or investment activity to which this announcement relates are for distribution only to persons who (i) have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the "Financial Promotion Order"), (ii) are persons falling within Article 43(2) ("members and creditors of certain bodies corporate") of the Financial Promotion Order, (iii) are persons falling within Article 49(2)(a) to (d) ("high net worth companies, unincorporated associations etc.") of the Financial Promotion Order, (iv) are outside the United Kingdom, or (v) are persons to whom an invitation or inducement to engage in investment activity (within the meaning of section 21 of the Financial Services and Markets Act 2000) in connection with the issue or sale of any securities may otherwise lawfully be communicated or caused to be communicated (all such persons together being referred to as "relevant persons"). This document is directed only at relevant persons and must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this document relates is available only to relevant persons and will be engaged in only with relevant persons.This tender offer is not intended to be offered or otherwise made available to and should not be offered or otherwise made available to any retail investor in any member state of the EEA in circumstances in which this tender offer is restricted to non-retail investors. For these purposes, a "retail investor" means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, "MiFID II"); or (ii) a customer within the meaning of Directive (EU) 2016/97 (as amended, the "IDD"), where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II.ABOUT SASOLA global chemicals and energy company, Sasol harnesses its knowledge and over 75 years' experience in the production and marketing of chemicals and fuels to integrate sophisticated technologies and processes into world-scale operating facilities, striving to safely and sustainably source, produce and market a range of high-quality products globally. Additional information can be found on the Company's website at https://www.sasol.com or at the Company's address below:Sasol Financing USA LLC
12120 Wickchester Lane
Houston, Texas 77079
United States of AmericaFORWARD-LOOKING STATEMENTSThis news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identified through the inclusion of words such as "aim", "anticipate", "believe", "drive", "estimate", "expect", "expressed confidence", "forecast", "future", "goal", "guidance", "intend", "may", "objective", "outlook", "plan", "position", "potential", "project", "seek", "should", "strategy", "target", "will" or variations of such words and other similar expressions. 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 materialize, or should underlying assumptions prove incorrect, our actual results may differ materially from those anticipated in such forward-looking statements. 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 include among others, and without limitation:the outcome in pending and developing regulatory matters and the effect of changes in regulation and government policy;the political, social and fiscal regime and economic conditions and developments in the world, especially in those countries in which we operate;the outcome of legal proceedings including tax litigation and assessments;our ability to maintain key customer relations in important markets;our ability to improve results despite increased levels of competition;our ability to exploit our oil, gas and coal reserves as anticipated;the continuation of substantial growth in significant developing markets;the ability to benefit from our capital investment program;the accuracy of our assumptions in assessing the economic viability of our large capital projects and growth in significant developing areas of our business;the ability to gain access to sufficient competitively priced gas, oil and coal reserves and other commodities;the impact of environmental legislation and regulation on our operations and access to natural resources;our success in continuing technological innovation;the success of our Broad Based Black Economic Empowerment ownership transaction;our ability to maintain sustainable earnings despite fluctuations in oil, gas and commodity prices, foreign currency exchange rates and interest rates;our ability to maintain sufficient levels of cash at all times;our ability to attract and retain sufficient skilled employees;the impact of the imposition of tariffs, sanctions, and trade restrictions in the countries we operate, or targeting the countries in which we operate; our ability to consummate the Tender Offers or the Debt Financing on the anticipated terms, if at all; andour success at managing the foregoing risks.For further discussion of factors that could cause one or more of these future events or results not to occur as implied by any forward-looking statement, see "Risk Factors" in our most recent annual report on Form 20-F filed with the U.S. Securities and Exchange Commission ("SEC") and any subsequent current report on Form 6-K that we file, available from the SEC's website. Sasol undertakes no duty to publicly update or revise any forward-looking statements.



View original content:https://www.prnewswire.com/news-releases/sasol-financing-usa-llc-announces-the-commencement-of-cash-tender-offers-for-outstanding-debt-securities-and-new-senior-notes-offering-302728537.htmlSOURCE Sasol Financing USA LLC

Original: Sasol Financing USA LLC Announces the Commencement of Cash Tender Offers for Outstanding Debt Securities and New Senior Notes Offering

SHORT FORM ANNOUNCEMENT: REVIEWED FINANCIAL RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2025 AND UPDATED BUSINESS OUTLOOKFebruary 23, 2026 1:09 AM
PR Newswire (US)

JOHANNESBURG, Feb. 23, 2026 /PRNewswire/ -- Sasol has released its operating and financial results for the six months ended 31 December 2025 (H1 FY26).Highlights:Turnover of R122,4 billion remained flat compared to prior period, supported by 3% increase in sales volumes and despite the softer macro environmentSecunda Operations' (SO) production volumes 10% higherLower cash fixed cost compared to the prior period, reflecting disciplined cost managementAdjusted EBITDA of R21,0 billion, 12% lower than the prior periodEarnings before interest and tax (EBIT) of R4,6 billion, 52% lower than the prior periodHeadline earnings per share (HEPS) of R9,27 per share, 34% lower than the prior periodCapital expenditure of R8,5 billion, 43% lower than the prior periodFree cash flow improvement to R0,8 billion, more than 100% change from the prior periodNet debt (excluding leases) of R63,3 billion (US$3,8 billion), representing a net debt to Adjusted EBITDA ratio of 1,6 timesFY26 hedging programme concluded, with FY27 hedging programme underwayStatement by Simon Baloyi, Chief Executive Officer of Sasol:
"We are showing consistent progress in the implementation of our strategic initiatives as set out in our Capital Markets Day plan. This is strengthening our foundation business, helping us to mitigate ongoing global market volatility and macroeconomic headwinds, building resilience for the future.Safety remains our foremost value, and we endeavour to send everyone home safely each day. Unfortunately, we did not, as we lost one of our team members in September 2025. While this loss weighs heavily on us, we are seeing an encouraging improvement in key leading safety indicators. Our commitment to safety remains unwavering as we continue to embed learnings and reinforce a strong safety culture across the business.In the Southern Africa business, we achieved an important milestone in December 2025 when the destoning plant at Sasol Mining reached beneficial operation in line with plan and improving coal quality. This, together with higher gasifier availability and no phase shutdown, resulted in a 10% uplift in Secunda Operations' (SO) production volumes. Disciplined cost and capital management further supported a lower cash break-even oil price.The International Chemicals reset strategy is progressing, although market conditions were weaker than anticipated with lower US ethylene margins and muted market demand. We have made good progress on lowering our cost base, which supported a 10% increase in Adjusted EBITDA in US$ terms compared to the prior period.The Group generated positive free cash flow in the first half of the financial year for the first time in four years, despite the challenging macro environment. This was supported by the higher sales volumes, lower cash fixed costs and lower capital expenditure. Importantly, this has been achieved without compromising asset integrity and safety.The balance sheet remains a focus area with robust liquidity in place while we continue to hedge proactively to manage downside risk.We continue to advance our Grow and Transform strategy. We have secured an additional 300 megawatt (MW) of renewable energy, increasing total secured capacity in South Africa to more than 1 200 MW, supporting both emission reductions and cost savings.Our priorities are clear: safe, reliable operations; disciplined cost and capital management; proactive risk management; and improved cash generation. Consistent execution in these areas is strengthening resilience and positioning Sasol to deliver sustainable shareholder value."Financial performanceSasol continued to make progress on factors within its control despite a challenging macro environment. Lower cost and capital expenditure supported positive free cash flow generation in the period.Adjusted EBITDA of R21,0 billion was 12% lower than the prior period, primarily due to a 17% decline in the average Rand per barrel Brent crude oil price and lower average US dollar per ton chemicals basket price. This was partially offset by improved refining margins, 3% higher sales volumes driven by stronger production performance and lower cash fixed costs.Earnings before interest and tax (EBIT) of R4,6 billion was 52% lower than the prior period of R9,5 billion and impacted by non-cash remeasurement items of R7,9 billion. This related mainly to impairments of R7,8 billion (before tax) compared to R5,7 billion in the prior period, and include the impairment on the Secunda liquid fuels refinery cash generating unit (CGU) and our Mozambican Production Sharing Agreement (PSA) gas development.As a result of the above, basic earnings per share (EPS) decreased by 95% to R0,38 per share and HEPS decreased by 34% to R9,27 per share compared to the prior period.Cash generated by operating activities of R11,6 billion declined 34%, mainly reflecting the lower earnings detailed above. Capital expenditure of R8,5 billion was 43% lower than the prior period. This was mainly due to no Secunda shutdown, lower Production Sharing Agreement (PSA) project expenditure in Mozambique and lower capital on environmental compliance programmes as these near completion. Free cash flow of R0,8 billion increased by more than 100%, supported by the lower capital expenditure.Liquidity remains robust at above US$4 billion and we actively manage our debt maturity profile, maintaining resilience in a volatile market environment.Total debt decreased to R93,5 billion (US$5,6 billion) compared to R103,3 billion (US$5,8 billion) at 30 June 2025. Sasol deposited R8,7 billion (US$500 million) on the revolving credit facility and repaid R812 million on the DMTN. A floating rate bond of R5,3 billion was issued in the period to 31 December 2025. In exchange, US$300 million was received. The issuance supports our efforts to diversify the funding base, reduce US$ dollar debt exposure and financing costs. In addition, it provides the flexibility to address upcoming bond maturities using available liquidity if required.Net debt (excluding leases) ended at R63,3 billion (US$3,8 billion), compared to R65,0 billion (US$3,7 billion) at 30 June 2025. We continue to prioritise cash generation through our management actions to meet our full-year net debt target of below US$3,7 billion.We continue to execute our hedging strategy, with the FY26 programme complete and the FY27 hedging programme underway. During the period, foreign exchange translation losses were largely offset by gains on derivative instruments. Given the prevailing market conditions, a broader range of hedging instruments has been utilised to maintain downside protection.Key metrics
Half year
31 Dec 2025Half year
31 Dec 2024Change %Turnover (R million)122 387122 102-Adjusted EBITDA1 (R million)21 00623 949(12)EBIT (R million)4 6199 533(52)Basic earnings per share (Rand)0,387,22(95)Headline earnings per share (Rand)9,2714,13(34)Capital expenditure (R million)8 49515 007(43)Free cash flow2 (R million)794(1 296)>100Net debt (excluding leases)3 (R million)63 26964 96431  Adjusted EBITDA is calculated by adjusting operating profit for depreciation, amortisation, share-based payments, remeasurement items, change in discount rates of our rehabilitation provisions, all unrealised translation gains and losses, and all unrealised gains and losses on our derivatives and hedging activities.2  Free cash flow is defined as cash available from operating activities less first order capital and related capital accruals.3  Comparative number is as at 30 June 2025.Net asset valueHalf year
31 Dec 2025Full year
30 Jun 2025Change %Total assets (R million)339 707359 555(6)Total liabilities (R million)183 010201 9449Total equity (R million)156 697157 611(1)Turnover
EBIT/(LBIT)1Half year
31 Dec 2025Half year
31 Dec 2024
Half year
31 Dec 2025Half year
31 Dec 2024R millionR million
R millionR million

Southern Africa Energy and
Chemicals

14 74415 347Mining2 1382 2916 3426 591Gas(811)3 92552 04648 845Fuels3 082(998)28 91730 748Chemicals Africa(293)3 469

International Chemicals

19 01019 724America55065720 93219 921Eurasia255(136)--Business Support(302)325141 991141 176Group performance4 6199 533(19 604)(19 074)Intersegmental turnover
122 387122 102External turnover
1  Loss before interest and tax
DividendThe Company's dividend policy is based on 30% of free cash flow generated, provided that net debt (excluding leases) is sustainably below US$3 billion. The net debt at 31 December 2025 of US$3,8 billion exceeds the net debt trigger, therefore no interim dividend was declared by the Sasol Limited board of directors (the Board).Updated business outlookThe Group remains on track to achieve its previously communicated guidance, with the following revisions:Capital expenditure expected to be between R22 - R24 billion, R2 billion lower than the previous guidance of R24 - R26 billion due to ongoing capital optimisation initiatives; andInternational Chemicals Adjusted EBITDA is revised lower to US$375 to US$450 million, (previously US$450 to - US$550 million) and Adjusted EBITDA margin 8% to 10% (previously 10% to 13%). This is due to a combination of weaker macroeconomic assumptions, softer market conditions and the unplanned Louisiana Integrated Polyethylene JV LLC ethylene cracker outage in Q2FY26. Self-help measures continue to be progressed.The operating environment is expected to remain challenging, given heightened geopolitical tensions, evolving global trade dynamics and continued softness in certain end markets impacting financial performance. Our focus on safe and reliable operations and realising more value from our self-help initiatives will enable stronger free cash flow generation, deleveraging and sustainable value for our stakeholders.The information contained in this paragraph has not been reviewed or reported on by Sasol's auditors. More details on our financial year 2026 outlook is available in our Interim results presentation available on the Company´s website at www.sasol.com, under the Investor Centre section: https://www.sasol.com/investor-centre/financial-resultsShort-form statementThis announcement has been prepared in compliance with the JSE Listings Requirements and is the responsibility of the Board and is only a summary of the information in Sasol Limited's condensed consolidated interim financial statements for the six months ended 31 December 2025. The condensed consolidated interim financial statements have been reviewed by Sasol's external auditors, KPMG, who expressed an unmodified review conclusion thereon. Financial figures in this announcement have been correctly extracted from the condensed consolidated interim financial statements. The information in this announcement has not been reviewed and reported on by Sasol Limited's external auditors.Any investment decision should also take into consideration the information contained in the full condensed consolidated interim financial statements, published on SENS on 23 February 2026, via the JSE link. The condensed consolidated interim financial statements, including KPMG's unmodified review conclusion, are available through a secure electronic manner at the election of the person requesting inspection, and have been published and can be found on the company's website, https://www.sasol.com/index.php/investor-centre/financial-results, and can also be viewed on the JSE link, https://senspdf.jse.co.za/documents/2026/JSE/ISSE/SOL/HY26Result.pdf Important informationSasol will present its interim financial results for the six months ended 31 December 2025 on Monday, 23 February 2026 at 11h00 (SA time). This will be followed by a market call, hosted by the President and Chief Executive Officer, Simon Baloyi, and Chief Financial Officer, Walt Bruns, to address questions.Please connect to the call via the webcast link: https://www.corpcam.com/Sasol23022026
or via teleconference call link: https://services.choruscall.eu/DiamondPassRegistration/register?confirmationNumber=3605690&linkSecurityString=89ae33f44A recording of the presentation will be available on the website thereafter at https://www.sasol.com/investor-centre/financial-results.For further information, please contact:
Sasol Investor Relations
Tiffany Sydow, VP Investor Relations
Telephone: +27 (0) 71 673 1929
Email: investor.relations@sasol.com
Website : https://www.sasol.com/investor-centre/financial-results.Disclaimer - Forward-looking statementsSasol may, in this document, make certain statements that are not historical facts, based on management's current views and assumptions, and which are conditioned upon and also involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those anticipated by such statements. Should one or more of these risks materialise, or should underlying assumptions prove incorrect, our actual results may differ materially from those anticipated.  Examples of such forward-looking statements include, but are not limited to, the capital cost of our projects and the timing of project milestones; our ability to obtain financing to meet the funding requirements of our capital investment programme, as well as to fund our ongoing business activities and to pay dividends; statements regarding our future results of operations and financial condition, and regarding future economic performance including cost containment, cash conservation programmes and business optimisation initiatives;  our business strategy, performance outlook, plans, objectives or goals; statements regarding future competition, volume growth and changes in market share in the industries and markets for our products; our existing or anticipated investments, acquisitions of new businesses or the disposal of existing businesses, including estimates or projection of internal rates of return and future profitability; our estimated oil, gas and coal reserves; the probable future outcome of litigation, legislative, regulatory and fiscal developments, including statements regarding our ability to comply with future laws and regulations; future fluctuations in refining margins and crude oil, natural gas and petroleum and chemical product prices; the demand, pricing and cyclicality of oil, gas and petrochemical products; changes in the fuel and gas pricing mechanisms in South Africa and their effects on costs and product prices, statements regarding future fluctuations in exchange and interest rates and changes in credit ratings; assumptions relating to macroeconomics, including changes in trade policies, tariffs and sanction regimes; the impact of climate change, our development of sustainability within our businesses, our energy efficiency improvement, carbon and greenhouse gas emission reduction targets, our net zero carbon emissions ambition and future low-carbon initiatives, including relating to green hydrogen and sustainable aviation fuel;  our estimated carbon tax liability; cyber security; and statements of assumptions underlying such statements.Words such as "believe", "anticipate", "expect", "intend", "seek", "will", "plan", "could", "may", "endeavour", "target", "forecast" and "project" and similar expressions are intended to identify 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.  These risks and uncertainties are discussed more fully in our most recent annual report on Form 20-F filed on 29 August 2025 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 the foregoing factors and other uncertainties and events, and you should not place undue reliance on forward-looking statements. 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.Please note: One billion is defined as one thousand million, bbl – barrel, bscf – billion standard cubic feet, mmscf – million standard cubic feet, oil references Brent crude, mmboe – million barrels oil equivalent. All references to years refer to the financial year ending 30 June. Any reference to a calendar year is prefaced by the word "calendar".   



View original content:https://www.prnewswire.com/news-releases/short-form-announcement-reviewed-financial-results-for-the-six-months-ended-31-december-2025-and-updated-business-outlook-302694361.htmlSOURCE Sasol Limited

Original: SHORT FORM ANNOUNCEMENT: REVIEWED FINANCIAL RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2025 AND UPDATED BUSINESS OUTLOOK

CHANGES TO SASOL LIMITED BOARD OF DIRECTORSFebruary 17, 2026 2:11 AM
PR Newswire (US)

JOHANNESBURG, Feb. 17, 2026 /PRNewswire/ -- In compliance with para 6.71 of the JSE Listings Requirements and para 6.42 of the JSE Debt and Specialist Securities Listings Requirements, shareholders and noteholders are advised of the following change to the board of directors of the Company (the Board) in accordance with the Company's nomination and succession plan for directors:Ms Katherine Harper has tendered her resignation as a non-executive director of Sasol for personal reasons. The Board accepted her resignation on 16 February 2026.Ms Dube, Chairman of the Board said, "On behalf of the Board, I wish to express our sincere appreciation to Kathy for her dedicated service over the past six years. Her thoughtful insights, professionalism and valuable perspectives have enriched the Board's deliberations and made a meaningful contribution to our work. We are grateful for the commitment she has shown throughout her tenure, and we extend our very best wishes to her for the future."For further information, please contact: 
Sasol Investor Relations,
Tiffany Sydow, VP Investor Relations
Telephone: +27 (0) 71 673 1929
investor.relations@sasol.com 



View original content:https://www.prnewswire.com/news-releases/changes-to-sasol-limited-board-of-directors-302689312.htmlSOURCE Sasol Limited

Original: CHANGES TO SASOL LIMITED BOARD OF DIRECTORS

SASOL LIMITED: TRADING STATEMENT FOR THE SIX MONTHS ENDED 31 DECEMBER 2025February 5, 2026 8:14 AM
PR Newswire (US)

JOHANNESBURG, Feb. 5, 2026 /PRNewswire/ -- In terms of paragraph 3.4(b)(i) of the Listing Requirements of the JSE Limited (JSE) stakeholders are advised that, for the six months ended 31 December 2025:
Earnings per share (EPS) is expected to be between R0,10 and R0,80 per share (prior period EPS of R7,22), a decrease of 89% to 99% compared to the prior period;Headline earnings per share (HEPS) is expected to be between R8,50 and R10,00 per share (prior period HEPS of R14,13), a decrease of 29% to 40% compared to the prior period; andAdjusted earnings before interest, tax, depreciation and amortisation (adjusted EBITDA*) is expected to be between R19 billion and R23 billion (prior period adjusted EBITDA of R24 billion), a decrease of 4% to 21% compared to the prior period.The decrease in earnings for the period was mainly driven by:a 17% decline in the average Rand per barrel Brent crude oil price;a 3% decrease in the average US$ per ton chemicals basket price; andimpairments of R7,8 billion (before tax) (summary below), compared to R5,7 billion in the prior period.The decrease in earnings was partially offset by:a >100% increase in refining margin following improved fuel differentials;­a 3% increase in sales volumes supported by the improved operational performance, as detailed in the Business Performance Metrics published on 22 January 2026: https://www.sasol.com/index.php/investor-centre/financial-results; anda reduction in costs driven by disciplined cost management.Overall free cash flow generation is expected to improve compared to the prior period despite the lower earnings, due to lower capital expenditure.Summary of significant impairments in the current period:The Secunda liquid fuels refinery cash generating unit (CGU) remains fully impaired. The full amount of costs capitalised during the current period of R3 billion have been impaired; andImpairment of our Production Sharing Agreement (PSA) development in Mozambique of R3,9 billion. While the total quantum of gas remains unchanged, a revision of the expected production profile has resulted in a deferral of gas monetisation. The strengthening of the Rand against the US Dollar also contributed to the impairment.The financial information underpinning this trading statement has not been reviewed and reported on by the Company's external auditors.Sasol will present its 2026 interim financial results on Monday, 23 February 2026 at 11h00 (SA time). This will be followed by a market call, hosted by President and Chief Executive Officer, Simon Baloyi, and Chief Financial Officer, Walt Bruns, to address questions.Please connect to the call via the webcast link:
https://www.corpcam.com/Sasol23022026
or via teleconference call link:
https://services.choruscall.eu/DiamondPassRegistration/register?confirmationNumber=3605690&linkSecurityString=89ae33f44* Adjusted EBITDA is calculated by adjusting operating profit for depreciation, amortisation, share-based payments, remeasurement items, change in discount rates of our rehabilitation provisions, all unrealised translation gains and losses, and all unrealised gains and losses on our derivatives and hedging activities.Adjusted EBITDA is not a defined term under International Financial Reporting Standards and may not be comparable with similarly titled measures reported by other companies. The aforementioned adjustments are the responsibility of the directors of Sasol. The adjustments have been prepared for illustrative purposes only and due to their nature, may not fairly present Sasol´s financial position, changes in equity, results of operations or cash flows.For further information, please contact:Sasol Investor Relations,
Tiffany Sydow, VP Investor Relations
Telephone: +27-(0)-71-673-1929
investor.relations@sasol.com Disclaimer - Forward-looking statementsSasol may, in this document, make certain statements that are not historical facts, based on management's current views and assumptions, and which are conditioned upon and also involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those anticipated by such statements. Should one or more of these risks materialise, or should underlying assumptions prove incorrect, our actual results may differ materially from those anticipated. Examples of such forward-looking statements include, but are not limited to, the capital cost of our projects and the timing of project milestones; our ability to obtain financing to meet the funding requirements of our capital investment programme, as well as to fund our ongoing business activities and to pay dividends; statements regarding our future results of operations and financial condition, and regarding future economic performance including cost containment, cash conservation programmes and business optimisation initiatives;  our business strategy, performance outlook, plans, objectives or goals; statements regarding future competition, volume growth and changes in market share in the industries and markets for our products; our existing or anticipated investments, acquisitions of new businesses or the disposal of existing businesses, including estimates or projection of internal rates of return and future profitability; our estimated oil, gas and coal reserves; the probable future outcome of litigation, legislative, regulatory and fiscal developments, including statements regarding our ability to comply with future laws and regulations; future fluctuations in refining margins and crude oil, natural gas and petroleum and chemical product prices; the demand, pricing and cyclicality of oil, gas and petrochemical products; changes in the fuel and gas pricing mechanisms in South Africa and their effects on costs and product prices, statements regarding future fluctuations in exchange and interest rates and changes in credit ratings; assumptions relating to macroeconomics, including changes in trade policies, tariffs and sanction regimes; the impact of climate change, our development of sustainability within our businesses, our energy efficiency improvement, carbon and greenhouse gas emission reduction targets, our net zero carbon emissions ambition and future low-carbon initiatives, including relating to green hydrogen and sustainable aviation fuel;  our estimated carbon tax liability; cyber security; and statements of assumptions underlying such statements.Words such as "believe", "anticipate", "expect", "intend", "seek", "will", "plan", "could", "may", "endeavour", "target", "forecast" and "project" and similar expressions are intended to identify 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. These risks and uncertainties are discussed more fully in our most recent annual report on Form 20-F filed on 29 August 2025 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 the foregoing factors and other uncertainties and events, and you should not place undue reliance on forward-looking statements. 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.



View original content:https://www.prnewswire.com/news-releases/sasol-limited-trading-statement-for-the-six-months-ended-31-december-2025-302680229.htmlSOURCE Sasol Limited

Original: SASOL LIMITED: TRADING STATEMENT FOR THE SIX MONTHS ENDED 31 DECEMBER 2025

BUSINESS PERFORMANCE METRICS FOR THE SIX MONTHS ENDED 31 DECEMBER 2025

January 22 2026 - 2:27AM

PR Newswire (US)

JOHANNESBURG, Jan. 22, 2026 /PRNewswire/ -- Sasol has published its business performance metrics for the six months ended 31 December 2025 on the Company's website at www.sasol.com, under the Investor Centre section: https://www.sasol.com/investor-centre/financial-results.

During the quarter, the business remained focused on stable and reliable operational performance, while reinforcing the importance of safety in everything that we do. Progress was made on key Capital Market Day priorities, with discipline and delivery maintained on factors within our control amid a challenging and uncertain macroeconomic environment.

Safety

Safety remains our foremost value and we are pleased to report that Q2 FY26 was fatality-free. Learnings from the fatality at Mining in Q1 FY26 are being embedded, with continued efforts to strengthen the safety culture across our business and ensure every employee returns home safely.

Business performance

In the Southern Africa business, the destoning plant reached beneficial operation (BO) in December 2025, marking an important milestone in improving coal quality. Ramp-up is progressing, with average sinks now tracking the lower end of the 12% -14% guidance range. Given the progress on destoning, all previously closed low-quality mining sections are now fully operational. This, together with improved gasifier and equipment availability at Secunda Operations (SO), supported higher SO production during the quarter.

Gas supply from Mozambique was lower compared to the previous quarter, mainly resulting from the expected natural decline from our Petroleum Production Agreement (PPA) asset. Improvements are expected in FY26 H2 as the Production Sharing Agreement (PSA) ramps up. Gas and coal supply continue to be managed on an integrated basis to support reliable SO operations and value optimisation.

Natref delivered improved production performance during the quarter, further supported by additional volumes from Sasol's utilisation of the Prax South Africa (Pty) Limited (Prax SA) shareholding capacity. Stronger SO and Natref operations supported higher fuels sales volumes and the continued placement of product in higher-margin channels in line with our strategy.

Chemicals market conditions remained soft across all regions, resulting in lower revenue. In Chemicals Africa, sales volumes increased compared to the previous quarter, supported by operational improvements with a continued ramp up in sales volumes in the next half.

In the International Chemicals business, lower US ethylene and Palm Kernel Oil (PKO) pricing and lower volumes weighed on revenue for the quarter. The Louisiana Integrated Polyethylene JV LLC (LIP JV) cracker experienced an extended outage in Q2 FY26. The plant was successfully restarted at the end of December 2025. Our self-help measures continued to deliver benefits, which led to lower costs and capital expenditure.

We continue to hedge our exposure to oil prices and currency movements. Given the prevailing market conditions, a broader range of hedging instruments has been utilised to maintain downside protection.

Business updates

Strengthen the foundation business:

As previously communicated, Sasol received notice in October 2025 that Prax SA filed for business rescue. As agreed with the business rescue practitioners, Sasol continues to operate the Natref refinery, utilising available Prax SA capacity, with product supply remaining uninterrupted.

The previously communicated mothballing and closure programme in our International Chemicals business is progressing to plan.

Grow and Transform:

In Q2 FY26, the third and final new low-carbon boiler at Natref was successfully commissioned, improving steam and operational reliability while supporting our decarbonisation objectives.

In November 2025, the National Energy Regulator of South Africa approved Sasol's electricity trading license application (trading as Nomusize (Pty) Ltd), supporting our integrated power business objectives.

Outlook

Fuel sales volumes for FY26 have been revised upward from 0 - 3% higher than FY25 to 5 - 10% higher, supported by the improved Natref performance. Gas production volumes have been revised down from 0 – 10% above FY25 to 0 - 5% below FY25 due to PSA and Central Térmica de Temane (CTT) delays, as well as lower internal and external demand. Performance across the rest of the portfolio remains in line with market guidance.

Looking ahead, the operating environment is expected to remain challenging, given heightened geopolitical tensions, evolving global trade dynamics and continued softness in certain end markets impacting financial performance.

We remain focused on what is within our control and responding proactively to changes in the operating environment.

22 January 2026
Sandton

Equity Sponsor
Merrill Lynch South Africa Proprietary Limited t/a BofA Securities

Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited

https://investorshub.advfn.com/stock-market/NYSE/sasol-SSL/stock-news/97665007/business-performance-metrics-for-the-six-months-en

SASOL LIMITED: BUSINESS PERFORMANCE METRICS FOR THE THREE MONTHS ENDED 30 SEPTEMBER 2025
October 23 2025 - 2:33AM
PR Newswire (US)

JOHANNESBURG, Oct. 23, 2025 /PRNewswire/ -- Sasol has published its business performance metrics for the three months ended 30 September 2025 on the Company´s website at www.sasol.com, under the Investor Centre section: https://www.sasol.com/investor-centre/financial-results.

We continue to make solid progress on the delivery of our Capital Market's Day (CMD) plans to strengthen our foundation business and position Sasol to remain resilient amid ongoing macro volatility, global tariffs and geopolitical tensions.

Safety

Safety remains our foremost value, and we are firmly committed to improving our safety performance to ensure everyone returns home safely. Mining recorded its first fatality-free financial year in 2025, a milestone that demonstrates meaningful progress. However we regrettably experienced a fatality at the Thubelisha Colliery in September 2025, and the investigation is underway to determine the cause and ensure learnings are implemented to prevent a recurrence of this tragic incident.

Business performance

In the Southern Africa business, the ramp-up of the destoning plant is progressing to plan, resulting in average sinks for Q1 FY26 reducing below 14%, which has enabled the phased start-up of the previously closed low coal quality sections and increased coal production for the quarter. The successful destoning commissioning activities led to improved coal quality which, together with improved equipment availability at Secunda Operations (SO), resulted in higher SO production for the quarter.

In addition, both Natref and Sasolburg delivered improved operational performance. Overall sales volumes for Fuels were higher while volumes in the higher-margin mobility channel continued to grow in line with our sales mix optimisation strategy. Chemicals Africa sales volumes were in line with prior year and quarter but revenue was lower due to lower sales prices associated with persistent market softness.

In the International Chemicals business, revenue increased in Q1 FY26 compared to the previous quarter. This improvement was driven by our self-help margin optimisation initiatives and supported by higher sales volumes in the US and stronger pricing in Eurasia, underpinned by stronger Palm Kernel Oil (PKO) prices. This was partly offset by lower average sales prices in the US due to weaker Base Chemicals pricing and product mix. Revenue and adjusted EBITDA were significantly higher compared to Q1 FY25, reflecting improved unit margins and the continued execution of our commercial and operational excellence initiatives.

Business updates

Strengthen the foundation business:

As mentioned previously, Sasol was informed in July that State Oil Limited, the UK parent company of Prax South Africa (Pty) Limited (Prax SA), which owns a minority stake in the Natref refinery, was placed under administration. On 22 October 2025, Sasol received a notice confirming that Prax SA has filed for business rescue and business rescue practitioners have been appointed. Sasol has undertaken measures to ensure the Natref refinery operations continue, and supply of products remains uninterrupted. Sasol will liaise with the business rescue practitioners and other stakeholders with the aim to maintain Natref operational continuity.
The previously communicated mothballing/closure of certain plants is progressing to plan. Clean-up activities have been completed for the Alkylphenol plant in Marl (Germany) and the Guerbet plant in Lake Charles (US) while production at the Phenolics plants in Texas (US) and the HF LAB plant in Augusta (Italy) has been stopped in Q1 FY26.
Grow and Transform:

In Q1 FY26, the second of three new low-carbon boilers at Natref was successfully commissioned, further improving steam reliability and supporting our decarbonisation objectives. The third boiler is expected to be online in Q2 FY26.
Outlook

Performance across all our business segments remains within market guidance, and we are making good progress towards delivering on our FY26 financial targets.

Specifically, the Southern Africa value chain breakeven oil price for Q1 FY26 is in line with our market guidance of US$55 - 60/bbl, supported by higher production volumes, disciplined cost and capital management. International Chemicals is on track to meet the adjusted EBITDA target of US$450 - 550 million.

Despite good progress in delivering against our operating targets, we continue to face macro-economic headwinds, including recent tariff changes, which are impacting financial performance. As global markets adjust to tariff changes, we are actively assessing potential impacts on our operations, supply chain and pricing strategies, and are engaging with industry partners and policymakers to mitigate impacts.

We remain focused on what is within our control and delivering on our CMD plans.

For further information, please contact:

Sasol Investor Relations,
Tiffany Sydow, VP Investor Relations
Telephone: +27 (0) 71 673 1929
investor.relations@sasol.com

Sasol International Chemicals Commercializes First Insect Oil-Based, Nonionic Surfactant for Care Chemicals Markets

October 07 2025 - 12:50PM
Business Wire

LIVINEX IO 7 provides a drop-in replacement for traditional oleochemicals

Sasol International Chemicals, a business of Sasol Ltd. (JSE: SOL; NYSE: SSL) announced the launch and commercialization of a bio-circular, palm and deforestation-free surfactant derived from insect oils available under the trade name LIVINEX IO 7.

This new, innovative product (patent pending) is the first nonionic surfactant of its kind in the fabric, home care, industrial and institutional cleaning markets. Insect oil, a by-product of a process to make more sustainable proteins for animal feed, transforms organic waste into valuable chemical feedstock, providing a replacement to traditional oleochemistry.

“This new surfactant broadens our portfolio of sustainable offerings and showcases Sasol’s innovation expertise and capability in helping customers meet evolving requirements,” says Louis Snyders, Vice President of Care Chemicals.

LIVINEX IO 7 is a drop-in replacement for conventional C1214-based chemistry, and unlike other natural alternatives that require full reformulation of cleaning products, it can be seamlessly integrated into existing product formulations, offering a straightforward and effective transition to more sustainable cleaning solutions.

LIVINEX IO 7 is made from oil obtained from black soldier fly larvae. This oil is rich in fatty acids that are used to produce detergent-grade alcohols. Because insect oil chemistry is identical to that of vegetable oil, mature technology and existing processes can be used for its production, avoiding land use changes or competition with food crops.

“As global demand for sustainable products increases, we will continue to explore and commercialize innovations like these,” says Snyders. “We remain committed to offering our customers a diverse suite of solutions that includes both high-performing synthetic feedstocks and novel renewable options. This strategy reflects our focus on sustainable resource use and delivers unique value to those seeking tailored, forward-thinking solutions,” he says.

Sasol International Chemicals will debut this new product at the SEPAWA® CONGRESS 2025 in Berlin. LIVINEX IO 7 is currently available exclusively in European markets, with an initial emphasis on the home care, fabric, industrial and institutional cleaning sectors. Over the next 12 months, the company intends to expand its innovation pipeline and launch an insect oil-based product into the personal care sector as well. In 2023, the company debuted the LIVINEX and CARINEX brands with sophorolipids as the first product offering under each.


About Sasol International Chemicals

Sasol International Chemicals manufactures and markets a broad, state-of-the-art portfolio of specialty and commodity chemicals for a wide range of applications and industries. Our unique chemistry provides the building blocks for a more sustainable future and is used by more than 4,000 customers in 80 countries in countless products that improve the quality of life for people around the world.

Sasol International Chemicals is a business of Sasol Limited and manages its Northern Hemisphere chemicals business, its people, and its stakeholders, with end-to-end accountability for safe operations, profit and loss, technology and innovation, and delivering more sustainable solutions for our customers. For more information, visit our website.



View source version on businesswire.com: https://www.businesswire.com/news/home/20251007425188/en/

Media contact
Karen Clapp
Communications Manager, Commercial
Sasol International Chemicals
karen.clapp@us.sasol.com

SSL Should be a Take Over target Buyout Target at this market cap with those strong revenues earnings cash flows trading way to cheap down here

No comments here in a while.

[url][/url][tag]https://ih.advfn.com/stock-market/NYSE/sasol-SSL/stock-news/84391894/sasol-delivered-a-good-set-of-results-for-the-six[/tag]

Main two take-a-ways:

-No rights issue!!!
-Suspension of dividend remains in effect.

JUST IN: $SSL Sasol to Host an Investor Update on 2 December 2020

Sasol to Host an Investor Update on 2 December 2020 PR Newswire JOHANNESBURG, Nov. 9, 2020 JOHANNESBURG , Nov. 9, 2020 /PRNewswire/ -- Sasol will be hosting a virtual investor update, followed by Q&A on Wednesday, 2 December 2020 .  The key focus...

Read the whole news SSL - Sasol to Host an Investor Update on 2 December 2020

This one should be a lot higher.. making good moves .. a well run company.. ten soon !

BREAKING NEWS: $SSL Sasol invites interested parties to partner for the development of CO2 utilisation technologies at its SA operations

JOHANNESBURG , Sept. 4, 2020 /PRNewswire/ -- Sasol is committed to reducing its overall impact on the environment and is developing and implementing on our climate change mitigation response to enable long-term resilience of the company through an updated strategy, Future Sasol and l...

Got this from SSL - Sasol invites interested parties to partner for the development of CO2 utilisation technologies at its SA operations

$SSL | #Sasol Bullish Targets



Potential breakout above $9.00 as stock regains
channel support.
Potential move to Mid Channel and 200ma $10.90
Indicators in reversal and Bullish .
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.

9.00 in sight...........Geaux Baby Geaux

'Mikey', I AM Long here! I know this will indeed Dounce Back! ..What I do is Buy the initial chunk to lock-in, then I play around with monkey money to pick up some small change here and there, which does adds up!

As we all know, this company isn't like a PINK-SHEET, it's just getting a market spanking like all the other tons of good stocks throughout the market.

In fact, this stock shows a history that averaged in the mid $25 range for years! That's where it's at home! ..And it "WILL" be returning back "Home" in due time!

Right now, it's getting its "ASK" kicked!

but I expect it will be kicking "ASK" soon enough!

Now, as for the Stock you've mentioned, which averaged under $5 for over half a decade to then suddenly run to up over $20 in just last Thursday's market, I'm already holding a recent short position in that stock! Albeit Cautiously!

But today I've been looking at it for the best Covering price!

could you do me a favor and go long on


WKHS at 19.42..........I'd love to pick some up at 15-16 area, lol

after reading your response......I want to shoot myself or at the very least, punch myself..........thanks for dropping by!

Hello 'Mikey', I short stocks all the time! I used to always play on the BULLS side of the fence! But also notice that I'm always ending up on the losing side the fence!



yeah I know, now I can be chastised on poor choices, failed strategies, Inexperience (Or just Stupidity)




but whatever the case, if I'm always losing money playing in the BULLS's Pen!, then the opposite effects SHOULD BE with the BEARS!


Meaning that the BULLS win only of the BEARS Lose and Visa Versa!

Therefore if my market thinking pattern, my market sense of reasoning, my market fears and gut instincts are all that causes me to ultimately lose with the BULLS, then perhaps the opposite must be relatively more applicable with the BEARS!

And so, I've tried it and been successful ever since!

Albeit quite confusing and even quite mind boggling with trying to understand WHY does this work for me, it nonetheless works!


However with further studies, I've learned that the market have gravity! ..in other words, it's always more "Weighted" for a fall than it is to rise!

There's always more losers than winners!

There's always more TAKERS than GIVERS!

This is the nature of the capitalist system that we live in!

The Stock Market is just a byproduct of it!

This is WHY there's more BEARS than BULLS! Because the Bears are the Takers and the Bulls are the Giver!

In other words, People are always more inclined Cash-OUT than to Cash-IN!

This is WHY I kept Losing on BULL plays! Whereas in order for the BULLS to succeed, it would requite a steady "INPUT" of capital into one's position!

truth is, there are more people Exiting/Closing/Holding their market positions than Expanding and/or Creating new ones!

Even when looking over the Market, if one were to average out the numbers of Tickers that have since gone to hell, (Literally), it would be about, say 75%

This means that the odds of the market averaging within the Bears territory is much higher than that of the Bulls!

So even on a BAD 'BEAR' DAY, one's average would be 'BULL' of Fun!




So even though my Short position here is currently upside down, the BEARS always have their day in the midst of all the BULL!
(All Pun's were intended)

how's that working out for you? This your first short?.....first time to attempt this?

Well interesting, I shorted at that price!

Back in ......first buy 7.84 thursday

* * $SSL Video Chart 06-12-2020 * *

Link to Video - click here to watch the technical chart video

I agree

we'll see if WLK or COP want to get a lil % of LCCP plant.......a possibility, or they may have to do a secondary offering up the road to offload some of that debt load

Plus... the chart has been consistently strong with the Bulls rolling.

I hope so for your sake..lol, but the Bulls are so much in control, it’s gonna be tough to pull out for me.... personally just my opinion from reading into Sasol, (I live 3-5 miles away from their LC plant) and it seems that a neighboring facility is gobbling up shares and claiming a stake in a hurt company... possibly future takeover? We will see

out yesterday at 9.42........we'll see if I timed it right.......lol

Yessir.... in @ $2.5

insane move on this puppy!.....still in from $2.19

* * $SSL Video Chart 06-02-2020 * *

Link to Video - click here to watch the technical chart video

6.63......LOL....now a 3 bagger!

$5.98..HOD today...sucker is flying!

$5.14..........geaux baby geaux~

Sasol's audited FY20
results will be announced on Monday, 17 August 2020.

Not too sure about the bad earnings reports coming out this week...... not looking good

$4.81 close today.....2 bagger so far!

Good analysis Clay..thanks!

i'm glad things are good for you!

Can it get to $1.36 again?...Dont hold your breath, lol

Yeah...also it was 20$+ 3 months ago and 30$+ 1 yr ago...." can it get there again?"
Sure... way way undervalued at these levels

This was $1.36 in March. Can it get there again?

Yeah this is way under valued .. bought today

"Shoulda held longer" sold to early, but hey profit is profit lol

+$$$ SSL

Results posted; targeted for additional trades.

* * $SSL Video Chart 04-07-2020 * *

Link to Video - click here to watch the technical chart video

highest vol ever..........12 mil shares