The Sasol Inzalo Black Economic Empowerment (BEE) offering has attracted a total of 300 000 new shareholders, Sasol Chief Executive Officer Pat Davies said on Tuesday.
This had exceeded the target of 200 000 new shareholders."Sasol has met the objectives of delivering a transaction that will help make broad-based black economic empowerment tangible and a practical reality in the lives of the previously disadvantaged communities.
"We are proud that as Sasol we have met our objectives and we are able to initiate a dialogue with our 300 000 new shareholders," he said.
The Sasol Inzalo Black Public Invitations was opened in June this year and was closed on 9 July.Mr Davies said the vast majority of the successful applicants were individuals seeking 200 shares or less. Read more at BuaNews
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