TON - TONGAAT HULETT - GRANTING OF RIGHTS TO PARTICIPATE IN SHARE INCENTIVE PLANS
Tongaat Hulett Limited
Registration number (1892/000610/06)
Share code: TON
TONGAAT HULETT – GRANTING OF RIGHTS TO PARTICIPATE IN SHARE INCENTIVE PLANS
Executive Directors and the Company Secretary 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, with a grant date of 31 May 2010, at a grant price of R97,49.
B G Dunlop 25,698 rights
M H Munro 23,638 rights
P H Staude 74,289 rights
M A Mahlari 8,240 rights
Long term incentive plan awards, which are subject to performance conditions and vest after three years.
B G Dunlop 10,160 conditional awards
M H Munro 9,345 conditional awards
P H Staude 29,475 conditional awards
M A Mahlari 2,582 conditional awards
The effective date of the above transactions is 9 June 2010, approval for the individual allocations has been given.
9 June 2010
Sponsor: Investec Bank limited