How to Buy Sasol Shares?

Sasol is South Africa’s leading chemicals and energy organisation with a global presence. Sasol is purpose-driven and resolute in our transition to being a sustainable entity while creating shared value for all its stakeholders. Sasol ordinary shares and BEE ordinary shares trade on the JSE stock exchange. Anyone can purchase shares on the exchange and any amount can be invested.

What are the types of Sasol shares in South Africa?

The Sasol Khanyisa transaction impacts two types of shares that trade on the Johannesburg Stock Exchange (JSE) namely, Sasol Ordinary (SOL) Shares and Sasol BEE Ordinary (SOLBE1) Shares. Sasol Khanyisa Ordinary Shares are not publicly traded or listed and will be held in the Sasol Khanyisa Trust during the life of the Sasol Khanyisa transaction and will then be traded for SOLBE1 Shares.

how to buy sasol shares with FNB Bank in South Africa?

Here are the steps to buy sasol shares with FNB Bank:

Log into your FNB app or online banking.
Select the menu and navigate to “My Investments.”
Select the Investment Detail option that will show your savings account, after which you can choose “share portfolio.”
Click “open share portfolio account” if there are no accounts below your “share portfolio.” This post does not cover creating a share portfolio account.
If your “share portfolio” contains accounts, click on the account you want to use.
Next, select “shares” and search for Sasol or enter “SOL” or “SOLBE1.”
Next, select “buy” and indicate the number of shares you would like to purchase and the price you are willing to pay.
FNB will inform you how many shares you may purchase with the funds in your investing account. If you want to purchase as many shares as possible, use a figure lower than their recommendation. If you pay more per share, your purchase will not be canceled for inadequate cash.
The next option is “price at.” Here, “best” indicates that you will acquire the shares at the next available price, and “limit” indicates that you can specify a maximum price you are ready to pay for the share.
Examine every detail, and once you are satisfied, click the purchase button in the lower-right corner of your screen.
Examine the transaction’s fees and specifics, tick the box on the bottom left, and then hit Confirm on the bottom right.