SENS

04-06-2009

Granting of rights to participate in share incentive plans


TONGAAT HULETT – GRANTING OF RIGHTS TO PARTICIPATE IN SHARE INCENTIVE PLANS

 

Tongaat Hulett Limited

(Registration number 1892/000610/06)

Share code: TON

ISIN ZAE000096541

 

 

TONGAAT HULETT – GRANTING OF RIGHTS TO PARTICIPATE IN SHARE INCENTIVE PLANS

 

Executive Directors have been granted rights to participate in the Company’s share incentive plans as follows:

Share appreciation rights, which are subject to performance conditions and vest after three years, at a grant price of R75,06.

Executive Directors:

P H Staude         91,120 rights

B G Dunlop         32,736 rights

M H Munro          30,857 rights

Long term incentive plan awards, which are subject to performance conditions and vest after three years.

Executive Directors:

P H Staude         26,316 conditional awards

B G Dunlop          9,421 conditional awards

M H Munro           8,880 conditional awards

The effective date of all the above transactions was 2 June 2009.

Approval for the individual allocations and clearance to transact has been given.

 

Tongaat

4 June 2009

 

Sponsor

INVESTEC BANK LIMITED