SENS

30-01-2014

Tongaat Hulett – Directors’ Election to receive Scrip Dividend


Tongaat Hulett Limited

Registration number: 1892/000610/06

Share code: TON

ISIN: ZAE000096541

TONGAAT HULETT – DIRECTORS’ ELECTION TO RECEIVE SCRIP DIVIDEND

In compliance with section 3.63 to 3.64 of the Listings Requirements of the JSE Limited, shareholders are advised of the following transactions by directors arising from a scrip distribution entitlement in the Company’s ordinary shares and the directors’ decision to receive the scrip distribution rather than the cash dividend alternative. The transactions are direct and beneficial in nature and were completed on 29 January 2014. The price used in the scrip entitlement calculation (as announced previously on SENS) was R116.37 per ordinary share. 

Director: JB Magwaza

Number of shares received: 164                                                          

Total Value: R 19  085

Director: PH Staude

Number of shares received: 3 455

Total Value: R 402 058

Director: MH Munro

Number of shares received: 1 310                                     

Total Value: R152 445

Director: F Jakoet

Number of shares received: 68                                                         

TOTAL VALUE: R 7 913                                       

Clearance to transact has been given.

30 January 2014

Tongaat

Sponsor: Investec Bank limited