How to check your Sasol shares - step by step guide

Introduction

A share is a unit of ownership in a corporation that is represented by the number of shares held by a person or investment. Dividends are a type of income that you can get as a shareholder in a firm. Dividends will be paid out on a bi-annual basis if declared. The Johannesburg Stock Exchange (JSE), Africa's oldest and largest stock exchange, is where shares are bought and traded. Sasol Limited Ordinary (SOL) and Sasol Limited BEE Ordinary (SOLBE1) shares are both traded on the JSE, and the most recent JSE results can be found in most daily newspapers, weekly magazines, and a variety of internet sites. Importantly, share prices fluctuate on a daily basis, and the price is governed by a variety of internal and external factors. When the supply of a share exceeds the demand (there are many available), the price per share tends to fall. When the supply of a share is less than the demand (many people want to acquire shares but there aren't enough available), the price per share rises. Share prices can also be affected by many internal and external factors, such as:

• Company news and performance
• Industry performance
• Investor sentiment
• Economic factors
• Short-term trends

 

🏆10 Best Forex Brokers in South Africa

Sasol Limited Share Types

The Sasol Limited Khanyisa transaction impacts two types of shares that trade on the Johannesburg Stock Exchange (JSE) namely, Sasol Limited Ordinary (SOL) Shares and Sasol Limited BEE Ordinary (SOLBE1) Shares. Sasol Limited Khanyisa Ordinary Shares are not publicly traded or listed and will be held in the Sasol Limited Khanyisa Trust during the life of the Sasol Limited Khanyisa transaction and will then be traded for SOLBE1 Shares.  

How to check your Sasol Limited shares

Sasol Limited does not directly engage with the purchase and sale of shares. On the JSE, ordinary shares and BEE ordinary shares are traded. Anyone can buy shares on the exchange and invest any amount. The Sasol Limited share price can be found on their website at www.sasol.com. Share purchases can only be made through stockbrokers, who are licensed members of the stock exchange who trade securities on behalf of clients. The JSE website has a list of brokers and their contact information. Alternatively, your bank may have a specialist brokerage that may assist you, or some of the larger commercial bank locations may be able to assist you. Sasol Limited also owns Khanyisa shares, which trade on the JSE's BEE board. The scheme's empowerment period runs from 1 June 2018 to June 2028, or until debt is settled, whichever comes first. Queries can be directed to JSE Investor Services as follows:

• Call the call centre on 0800 8000 10 or +27 11 713 0800; or
• Email on 'sasol@jseinvestorservices.co.za'

  You have been able to sell or transfer your Sasol Limited Inzalo shares from September 8, 2011. Computershare has been selected by Sasol Limited Limited and Sasol Limited Inzalo Public Limited (RF) to conduct the transfer of your Sasol Limited Inzalo shares in the event of a sale or acquisition of such shares. Sasol Limited Limited and Sasol Limited Inzalo Public Limited (RF) have launched a trading facility to help you trade Sasol Limited Inzalo shares. Current and prospective shareholders can use the system to record their selling and purchasing orders, which speeds up the trading process. Because the trading platform only facilitates the matching of buyers and sellers to the degree that they exist, there is no guarantee that your purchase or sell order will be filled.  

FAQ

What type of Sasol Limited shares can you buy?

Sasol Limited Ordinary (SOL) Shares and Sasol Limited BEE Ordinary (SOLBE1) Shares.  

Can you buy or sell Sasol Limited shares directly from the company?

No, Sasol Limited does not directly engage with the purchase and sale of shares.

Recommended brokers