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0 0 0 0 0.0158322635857938 0.0205391527599487 0.024390243902439 0.0106974753958066
Stock impact report

DIVESTMENT BY SASOL SOUTH AFRICA LIMITED (SSA) OF A 30% EQUITY INTEREST IN THE REPUBLIC OF MOZAMBIQUE PIPELINE INVESTMENTS COMPANY (PTY) LIMITED (ROMPCO)

Sasol Ltd. American Depositary Shares (SSL) 
US:NYSE Investor Relations: sasol.com/investor-centre/overview
Company Research Source: PR Newswire
JOHANNESBURG, June 29, 2022 /PRNewswire/ -- On 27 June 2021, iGAS, a subsidiary of CEF SOC Limited (CEF), together with Companhia Mocambiçana de Gasoduto (CMG), a subsidiary of Empresa Nacional de Hidrocarbonetos, EP (ENH), announced that they had exercised their pre-emptive rights to acquire a 30% equity interest in the ROMPCO pipeline ("the Transaction").iGAS' and CMG's pre-emptive rights were exercised after Sasol announced on 14 May 2021 that SSA, a major subsidiary of Sasol, had concluded a sale and purchase agreement in terms of which SSA had agreed to sell a 30% equity interest (Sale Shares) in ROMPCO to an acquisition vehicle beneficially owned by a consortium, comprising Reatile Group Proprietary Limited and the IDEAS Fund managed by African Infrastructure Investment Managers Proprietary Limited.Following the fulfilment of all conditions precedent, the Transaction is now complete.The Sale Shares have been sold for a consideration comprising an initial amount of R4,1 billion, Show less Read more
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