| sasol limited company directors
emoluments |
| |
|
|
|
|
|
| |
|
|
2001 |
2000 |
| |
|
|
Rm |
Rm |
|
| Directors’ remuneration |
|
|
|
|
| For services as |
|
|
|
|
| Non-executive directors |
|
|
|
|
| – fees |
|
|
3 |
2 |
| Executive directors |
|
|
|
|
| – salary |
|
|
6 |
5 |
| – bonus |
|
|
2 |
1 |
| – retirement benefits |
|
|
1 |
1 |
| – other benefits |
|
|
1 |
1 |
| |
|
|
|
| Total directors’ emoluments |
|
|
13 |
10 |
| Paid by subsidiaries |
|
|
(8) |
(6) |
| |
|
|
|
| |
|
|
5 |
4 |
| |
|
|
|
| Number of non-executive directors |
|
|
7 |
7 |
| |
|
|
|
| Number of executive directors |
|
|
5 |
4 |
| |
|
|
|
| |
|
|
|
|
| |
|
|
2001 |
2000 |
| |
|
|
Number |
Number |
| |
|
|
|
| Share options granted |
|
|
|
|
| Balance at beginning of year |
|
|
794 800 |
477 300 |
| Options granted |
|
|
517 500 |
349 300 |
| Options exercised |
|
|
(57 600) |
(31 800) |
| |
|
|
|
| Balance at end of year |
|
|
1 254 700 |
794 800 |
| |
|
|
|
| The options outstanding at the end of the year vest
|
|
|
|
|
| during the following periods: |
|
|
|
|
| Within 1 year |
|
|
166 000 |
80 900 |
| 1 to 2 years |
|
|
231 200 |
142 700 |
| 2 to 5 years |
|
|
658 000 |
345 200 |
| More than 5 years |
|
|
199 500 |
226 000 |
| |
|
|
|
| |
|
|
1 254 700 |
794 800 |
| |
|
|
|
| Market value of share options granted at end of year
(Rm) |
|
|
95 |
37 |
| |
|
|
|
| |
|
| Options exercised |
|
|
|
|
| The total gains realised during the year by the directors
from the exercise |
|
|
|
|
| of their Sasol Limited share options were: |
|
|
|
|
| Number of shares |
|
|
57 600 |
31 800 |
| Offer period |
|
|
|
|
| – from |
|
|
31-Aug |
13-Sep |
| |
|
|
1992 |
1990 |
| – to |
|
|
27-Feb |
27-Feb |
| |
|
|
1995 |
1995 |
| Average option price per share (cents) |
|
|
2 245 |
1 855 |
| Average market price per share (cents) |
|
|
6 150 |
4 521 |
| Total gain (Rm) |
|
|
2 |
1 |
| |
|
|
|
|
| |
|
|
|
|
| Directors’ interest in shares |
|
|
|
|
|
| |
|
Non- |
|
Market value |
| |
Beneficial |
beneficial |
Total |
of shares |
| |
number |
number |
number |
Rm |
|
| 2001 |
|
|
|
|
| Balance at beginning of year |
328 740 |
15 195 |
343 935 |
|
| Net acquisition/(disposal) during year |
54 768 |
(2 000) |
52 768 |
|
|
| Balance at end of year |
383 508 |
13 195 |
396 703 |
30 |
|
| |
|
|
|
|
| 2000 |
|
|
|
|
| Balance at beginning of year |
332 267 |
3 195 |
335 462 |
|
| Net acquisition/(disposal) during year |
(3 527) |
12 000 |
8 473 |
|
|
| Balance at end of year |
328 740 |
15 195 |
343 935 |
16 |
|