SENS

08-07-2014

Dealings in Securities - Executive Directors and Company Secretary


Dealings in Securities - Executive Directors and Company Secretary

Tongaat Hulett Limited
Registration number: 1892/000610/06
Share code: TON
ISIN ZAE000096541

Dealings in Securities - Executive Directors and Company Secretary

In accordance with the JSE Listings Requirements, the following is disclosed in respect of share scheme transactions by executive directors and the company secretary:

CLASS OF SECURITIES: Ordinary shares
DATE:  7 June 2014
EXTENT OF INTERESTS: Direct and beneficial
CLEARANCE TO TRANSACT: Yes
PURCHASED/SOLD ON MARKET: Yes

SHARE APPRECIATION RIGHTS - these relate to rights where the requisite performance conditions were fully met previously. An election has been made to exercise rights, pay tax and retain shares. This results in a calculated (i.e. in respect of the appreciation above the grant price) number of shares being acquired and delivered, as follows:

EXECUTIVE DIRECTOR:PH STAUDE
GRANT PRICE (2007 AWARD):R88,84
NUMBER OF RIGHTS EXERCISED:71 073
NUMBER OF SHARES DELIVERED:29 370
TOTAL VALUE (RANDS):R4 506 533
NUMBER OF SHARES SUBSEQUENTLY SOLD TO PAY TAX:12 042
NUMBER OF SHARES RETAINED:17 328
PRICE PER SHARE:R153,44
  
EXECUTIVE DIRECTOR:PH STAUDE
GRANT PRICE (2008 AWARD):R92,74
NUMBER OF RIGHTS EXERCISED:75 720
NUMBER OF SHARES DELIVERED:29 341
TOTAL VALUE (RANDS):R4 502 083
NUMBER OF SHARES SUBSEQUENTLY SOLD TO PAY TAX:12 030
NUMBER OF SHARES RETAINED:17 311
PRICE PER SHARE:R153,44
  
EXECUTIVE DIRECTOR:MH MUNRO
GRANT PRICE (2007 AWARD):R88,84
NUMBER OF RIGHTS EXERCISED:23 830
NUMBER OF SHARES DELIVERED:9 847
TOTAL VALUE (RANDS):R1 510 924
NUMBER OF SHARES SUBSEQUENTLY SOLD TO PAY TAX:4 037
NUMBER OF SHARES RETAINED:5 810
PRICE PER SHARE:R153,44
  
COMPANY SECRETARY:MAC MAHLARI
GRANT PRICE (2010 AWARD):R97,49
NUMBER OF RIGHTS EXERCISED:8 240
NUMBER OF SHARES DELIVERED:2 934
TOTAL VALUE (RANDS):R450 193
NUMBER OF SHARES SUBSEQUENTLY SOLD TO PAY TAX:1 203
NUMBER OF SHARES RETAINED:1 731
PRICE PER SHARE:R153,44
  
GRANT PRICE (2011 AWARD): R90,42
NUMBER OF RIGHTS EXERCISED:9 748
NUMBER OF SHARES DELIVERED:3 927
TOTAL VALUE (RANDS): R602 559
NUMBER OF SHARES SUBSEQUENTLY SOLD TO PAY TAX:1 610
NUMBER OF SHARES RETAINED:2 317
PRICE PER SHARE: R153,44


Tongaat
8 July 2014

Sponsor: Investec Bank Limited