SENS

09-06-2010

Granting of rights to participate in share incentive plans


TON - 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 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.

Executive Directors:

B G Dunlop          25,698 rights

M H Munro           23,638 rights

P H Staude          74,289 rights

Company Secretary:

M A Mahlari          8,240 rights

                       

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

Executive Directors:

B G Dunlop         10,160 conditional awards

M H Munro           9,345 conditional awards

P H Staude         29,475 conditional awards

Company Secretary:

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

Tongaat

 

Sponsor: Investec Bank limited