SOL: Sasol Limited: Grant of Conditional Share Awards to Directors and Prescribed Officers of Sasol, and Directors of Major Subsidiaries of Sasol
Sasol Ltd. American Depositary Shares (SSL)
US:NYSE Investor Relations:
sasol.com/investor-centre/overview
Company Research
Source: PR Newswire
JOHANNESBURG, March 5, 2020 /PRNewswire/ -- In order for Sasol to remain competitive in the market and to keep senior management and eligible specialists retained, focused, engaged and motivated, Conditional Share Awards are made annually and forms an important component of the reward mix offered in terms of the remuneration policy. Shareholder approval of the Sasol Long-Term Incentive Plan ("the Plan" and/or "LTI", as appropriate) was obtained at the 2016 Annual General Meeting. The Conditional Share Awards have a split vesting period of 50% after three years with the balance after five years and will only vest to the extent that the Corporate Performance Targets (detailed below), as approved by the Remuneration Committee, have been achieved after the performance period of three years. The full award is subject to the achievement of these targets.The standard timing for the annual Conditional Share Awards is to be made to eligible participants at the beginning of the new financial ye
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SSL
Sec Filings
- 5/2/24 - Form 6-K
- 4/23/24 - Form 6-K
- 4/8/24 - Form 6-K
- SSL's page on the SEC website