Sasol Ordinary Shares definition

Sasol Ordinary Shares means ordinary shares of no par value in the stated share capital of Sasol;
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Sasol Ordinary Shares means ordinary shares of no par value in Sasol
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Sasol Ordinary Shares means ordinary shares listed on the JSE with no par value in the capital of Sasol;
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Examples of Sasol Ordinary Shares in a sentence

  • The Sasol Ordinary Shares have been listed on the JSE since October 1979 and on the NYSE since 9 April 2003 by way of a sponsored Sasol ADR program.

  • The Sasol Inzalo Foundation will be funded by way of a capital contribution of R94 619 made by Sasol.Each subscription at nominal value will be subject to the following pre-conditions:• the right to receive only 5% of the ordinary dividends paid on the Sasol Ordinary Shares and none of the extra-ordinary dividends paid in respect of the Sasol Ordinary Shares issued to the Foundation, during the Empowerment Period.

  • After the funding obligations of FundCo and Sasol Inzalo have been settled, the remaining Sasol Ordinary Shares will be distributed to Sasol Inzalo Shareholders pro rata to their holding of Sasol Inzalo Ordinary Shares.

  • After the implementation of the Transaction, and assuming no further Sasol Ordinary Shares are repurchased in accordance with Sasol’s current share repurchase programme, the total Transaction will represent 9,6% of Sasol’s issued share capital.Sasol intends to continue its current share repurchase programme, subject to the financial position (including cash flow and gearing considerations) of the Company and the prevailing market and economic conditions.

  • If you wish to Dematerialise your Sasol Ordinary Shares, please contact your CSDP/Broker.

  • In the event that the proceeds from the sale of the Sasol Ordinary Shares held by FundCo are insufficient to repay the outstanding preference share funding to its preference shareholders and any other outstanding debt, the preference shareholders will be entitled to draw on the security provided by FundCo referred to in paragraph 4.14 of this Pre-Listing Statement.

  • During the Empowerment Period, the operating and capital expenditure of the Foundation will be funded from:• the dividends received from the Sasol Ordinary Shares issued to the Foundation;• donations from the Sasol Group; and• funds raised from international donors and local corporates.It is envisaged that the Foundation will be self sufficient as regards its operating expenses from inception.

  • As described in paragraph 17.4 below, the Sasol Preferred Ordinary Shares will ultimately be Sasol Ordinary Shares.Save for the preferred dividend of the Sasol Preferred Ordinary Shares and the terms of the Sasol Preferred Ordinary Shares set out in Annexure 3, the Sasol Preferred Ordinary Shares will rank pari passu with Sasol Ordinary Shares for the duration of the Empowerment Period.

  • Sasol Inzalo may sell some of these Sasol Ordinary Shares to pay expenses and the remaining Sasol Ordinary Shares will be distributed by Sasol Inzalo to the Sasol Inzalo Ordinary Shareholders pro rata to their holding of Sasol Inzalo Ordinary Shares.

  • Furthermore, although the BEE Participants will benefit from Sasol’s domestic and international growth, Sasol is required to implement BEE with respect to its South African assets only.Sasol’s current share repurchase programme, initiated on 7 March 2007, has resulted in the purchase of 5,9% of Sasol Ordinary Shares as at the Last Practicable Date, by Sasol Investment Company (Proprietary) Limited, a wholly-owned subsidiary of Sasol.


More Definitions of Sasol Ordinary Shares

Sasol Ordinary Shares means the no par value ordinary shares in the share capital of Sasol listed on (i) the JSE under the JSE share code SOL and ISIN code ZAE000006896 and (ii) the NYSE, in the form of ADRs, under the NYSE share code SSL and ISIN code US8038663006;
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Related to Sasol Ordinary Shares

  • A Ordinary Shares means the A ordinary shares of £0.01 each in the capital of the Company;

  • New Ordinary Shares means the new Ordinary Shares arising on Conversion of the C Shares;

  • Ordinary Shares shall have the meaning given in the Recitals hereto.

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Parent Ordinary Shares means the Ordinary Shares, nominal value NIS 0.0175 per share, of Parent.

  • Additional Ordinary Shares means Ordinary Shares issued by the Guarantor following the issuance of the Subscribed Ordinary Shares;

  • Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Common Shares means the common shares in the capital of the Company;

  • Common Stock means the common stock of the Company.

  • A Shares means a participating share of no par value in the capital of the Fund, denominated in US Dollars;

  • Company Ordinary Shares means the shares of par value $1.00 each in the Company.

  • Amalco Common Shares means the common shares in the capital of Amalco;

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • Ordinary Share Capital means any issued and outstanding shares of the Company with voting or other rights of management and control and any outstanding securities of the Company that are convertible into such shares at the option of the holder;

  • Additional Shares of Common Stock means all shares of Common Stock issued (or, pursuant to Subsection 4.4.3 below, deemed to be issued) by the Corporation after the Series B Original Issue Date, other than (1) the following shares of Common Stock and (2) shares of Common Stock deemed issued pursuant to the following Options and Convertible Securities (clauses (1) and (2), collectively, “Exempted Securities”):

  • Class C Ordinary Share shall have the meaning ascribed to it in Section 2.4(a).

  • Class B Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class B Ordinary Share and having the rights provided for in these Articles;

  • Class A Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class A Ordinary Shares and having the rights provided for in these Articles;

  • Fully Diluted Company Shares means the total number of issued and outstanding shares of Company Common Stock, (a) after giving effect to the Company Preferred Stock or otherwise treating shares of Company Preferred Stock on an as-converted to Company Common Stock basis, and (b) treating all outstanding in-the-money Specified Company Warrants as fully vested and as if the Specified Company Warrants had been exercised for cash as of the Effective Time, but for the avoidance of doubt excluding any Company Securities described in Section 1.11(b).

  • Equity Shares means the Common Shares and any shares of any other class or series of the Corporation which may from time to time be authorized for issue if by their terms such shares confer on the holders thereof the right to participate in the distribution of assets upon the voluntary or involuntary liquidation, dissolution or winding up of the Corporation beyond a fixed sum or a fixed sum plus accrued dividends;

  • Newco Common Stock means the common stock, par value $.01 per share, of Newco.

  • Series B Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series B, of the Company.

  • Company Shares has the meaning set forth in the Recitals.

  • Class A Ordinary Share Value means, as of the close of business on the day preceding the date, the volume weighted average trading price of the Class A Ordinary Shares on all trading platforms or trading systems on which the Class A Ordinary Shares are being traded over the forty-five (45) trading days then ended, provided, that if the total aggregate trading volume over such 45-trading-day period is less than 5% of the public float, such period shall be extended to the ninety (90) trading days then ended, provided, further, if the total aggregate trading volume over such 90-trading-day period is less than 5% of the public float, the holder of the Class B Ordinary Shares shall request that the Board obtain an appraisal of the value of the Class A Ordinary Shares from one or more independent nationally-recognized third party appraisal companies and such appraisal shall constitute the Class A Ordinary Share Value.