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Who is the biggest shareholder of Sasol?

Published in Sasol Shareholders 2 mins read

The Public Investment Corporation (SOC) Ltd. is the biggest shareholder of Sasol, holding a significant 17.13% stake in the company.

Sasol, a global chemicals and energy company, has a diverse shareholder base. The Public Investment Corporation (SOC) Ltd. (PIC) is a South African state-owned asset manager, making it a key institutional investor in major South African companies, including Sasol. This substantial holding positions the PIC as the largest single shareholder, reflecting its role in managing public sector funds, primarily for the Government Employees Pension Fund.

Understanding the ownership structure of a company like Sasol provides insight into its governance and strategic direction. Below is a detailed breakdown of Sasol's largest known shareholders:

Sasol's Major Shareholders

Name Equities Shareholding Percentage (%)
Public Investment Corporation (SOC) Ltd. 110,136,077 17.13%
Industrial Development Corp. of South Africa Ltd. 53,266,887 8.284%
Mandg Investment Managers Pty Ltd. 7,742,526 1.204%
Satrix Managers (RF) Pty Ltd. 3,463,650 0.5386%

The data indicates a notable concentration of shares among the top two shareholders, both of which are significant South African entities. The Industrial Development Corporation (IDC) of South Africa Ltd., another state-owned development finance institution, also holds a substantial stake, reinforcing the presence of state-backed entities among Sasol's principal owners. Other investment managers like Mandg Investment Managers Pty Ltd. and Satrix Managers (RF) Pty Ltd. hold smaller, yet noteworthy, percentages of the company's equity.