SENS

26-06-2013

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 29 May 2013, at a grant price of R126,85.

Executive Directors:


P H Staude
104,578 rights
M H Munro 34,476 rights
Company Secretary:      
M A Mahlari 9,656 rights
Long term incentive plan awards, which are subject to performance conditions and vest after three years.Executive Directors:
P H Staude 47,660 conditional awards
M H Munro 15,709 conditional awards
Company Secretary:  
M A Mahlari 4,227 conditional awards

The effective date of the above transactions was 24 June 2013, approval for the individual allocations has been given.

26 June 2013
Tongaat

 

Sponsor: Investec Bank limited