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 2011, at a grant price of R90,42.
B G Dunlop 29,552 rights
M H Munro 28,669 rights
P H Staude 87,397 rights
M A C Mahlari 9,748 rights
Long term incentive plan awards, which are subject to performance conditions and vest after three years.
B G Dunlop 11,734 conditional awards
M H Munro 11,384 conditional awards
P H Staude 34,829 conditional awards
M A C Mahlari 3,066 conditional awards
The effective date of the above transactions was 13 June 2011, approval for the individual allocations has been given.
14 June 2011
Sponsor: Investec Bank limited