Standard Online Share Trading (OST) is excited to announce that we now offer the trade of Sasol BEE Ordinary Shares (SOLBE1) on our platform. The SOLBE1 share scheme is a proudly BEE initiative, targeted at previously disadvantaged groups or designated people to encourage financial inclusion.
Holders of SOLBE1 shares can now move their investment to the OST platform or purchase them directly on OST.
What does this mean for you?
Convenience of having your SOLBE1 shares in the same place as the rest of your portfolio.
Easily monitor your share performance within your normal trading portfolio.
Before you can trade or transfer your shares
You will need to open an OST account if you don’t have one already (you can register for an account here).
Once your OST account is open, complete an affidavit and email it to us ([email protected]), noting that you would like to open a BEE account.
Verification and account opening will take up to 5 business days.
How to move your SOLBE1 shares to the OST platform:
Send an email to [email protected], copy your current broker, and inform us of your intention to transfer. You must include the transferring broker name, contact person and existing account number, details of the shareholding including the quantity and cost price and lastly the account number of your new BEE account on OST.
How to purchase SOLBE1 shares on the OST platform:
Transfer funds into your BEE account.
Send the trade instruction [email protected] Emails will be actioned within 2 business days. For urgent execution, you can call us on 0860 121 161 once the necessary details have been sent.
How to sell SOLBE1 shares on the OST platform:
Log in to the OST website or mobile phone app and follow the normal online process of placing a sell order.
Alternatively call us on 0860 121 161 for assistance.
To learn more about Sasol’s BEE Ordinary Shares, please click here.
While we are very proud to bring this to you, we’re still working on ironing out the verification process. Please do give feedback on how this process worked for you, so that we can work with our stakeholders to improve the process. For any enquiries, please call us on 0861 121 161 or send an email to [email protected]