Sasol Limited (SSL), a South African petrochemical and energy group, files its annual Form 20‑F prepared under IFRS and reports 654 093 017 Sasol shares outstanding as of 30 June 2026. Its securities, including ADSs and several USD notes, trade on the NYSE.
The report emphasises extensive risk factors: cyclical petrochemical and fuel margins; uncertainty around coal and gas reserves in South Africa and Mozambique; dependence on Mozambique gas projects; and exposure to volatile oil, gas, chemical and FX markets. Sasol highlights high leverage, restrictive debt covenants and notes that S&P revised its outlook on Sasol Limited to negative in October 2025.
Operational risks include South African infrastructure constraints (power, water, rail and ports), potential community unrest in South Africa and Mozambique, and project delay/cost‑overrun risks in capital‑intensive developments. Regulatory risks span mining, petroleum, gas, exchange control, tax, sanctions, competition, data privacy and rapidly tightening environmental and climate rules. Sasol discloses six material weaknesses in internal control over financial reporting for FY 2025, of which four remain unresolved, and warns this could affect reporting reliability and market confidence.
Sasol Limited executive Sarushen Dhanapalan Pillay reported compensation-related share movements. On May 11, 2026, he sold 2,182 Ordinary Shares at a weighted-average price of $13.1431 per share in an open-market transaction to satisfy tax obligations arising from vesting of performance-based restricted stock units.
On the same date, he acquired 2,318 Ordinary Shares at no cost upon certification of performance conditions for awards granted under the Sasol 2022 Long-Term Incentive Plan. Following these transactions, he directly held 16,313 Ordinary Shares of Sasol.