SENS

02-06-2015

Tongaat Hulett: Share Scheme Transactions: Executive Directors and Company Secretary


Tongaat Hulett Limited

Registration number 1892/000610/06

Share code: TON

ISIN ZAE000096541

Tongaat Hulett: Share Scheme Transactions: Executive Directors and Company Secretary 

DEFERRED BONUS PLAN - Executive directors have elected to purchase shares in Tongaat Hulett in terms of the deferred bonus plan. The shares were purchased on market at a price of R131,08 as follows:

EXECUTIVE DIRECTOR:                                       PH STAUDE
NUMBER OF SHARES PURCHASED:                     13 405
TOTAL VALUE (RANDS):                                       R1 757 127

EXECUTIVE DIRECTOR:                                       MH MUNRO
NUMBER OF SHARES PURCHASED:                      4 114
TOTAL VALUE (RANDS):                                        R539 263

DATE: 1 JUNE 2015

VESTING OF AWARDS IN TERMS OF THE LONG TERM INCENTIVE PLAN - Taking into account the extent to which the performance conditions were met, 26,3 of instruments granted under the Long Term Incentive Plan in 2012 have vested. This results in a number of shares being acquired on market and delivered to the following executive directors and company secretary:

EXECUTIVE DIRECTOR:                                       PH STAUDE
NUMBER OF SHARES DELIVERED:                     10 349
TOTAL VALUE (RANDS):                                      R1 360 376
NUMBER OF SHARES SUBSEQUENTLY SOLD:    10 349
PRICE PER SHARE:                                                  R131,45
   
EXECUTIVE DIRECTOR:                                        MH MUNRO
NUMBER OF SHARES DELIVERED:                      3 338
TOTAL VALUE (RANDS):                                        R438 780
NUMBER OF SHARES SUBSEQUENTLY SOLD:    3 338
PRICE PER SHARE:                                                R131,45

COMPANY SECRETARY:                                       M A C MAHLARI
NUMBER OF SHARES DELIVERED:                       855
TOTAL VALUE (RANDS):                                        R112 390
NUMBER OF SHARES SUBSEQUENTLY 
SOLD TO PAY TAX:                                                359
NUMBER OF SHARES RETAINED:                        496
PRICE PER SHARE:                                                R131,45

DATE: 2 JUNE 2015

VESTING OF AWARDS IN TERMS OF THE DEFERRED BONUS PLAN - Matching awards have vested in respect of the deferred bonus plan shares acquired by the executive directors in 2012 and which they continue to hold. This results in a number of matching shares being acquired and delivered to the following executive directors, as follows:

EXECUTIVE DIRECTOR:                                       PH STAUDE
NUMBER OF SHARES DELIVERED:                     17 090
TOTAL VALUE (RANDS):                                      R2 271 945
NUMBER OF SHARES SUBSEQUENTLY SOLD:    17 090
PRICE PER SHARE:                                                R132,94

EXECUTIVE DIRECTOR:                                        MH MUNRO
NUMBER OF SHARES DELIVERED:                      5 493
TOTAL VALUE (RANDS):                                        R730 239
NUMBER OF SHARES SUBSEQUENTLY SOLD:    5 493
PRICE PER SHARE:                                                R132,94

DATE 2 JUNE 2015

SHARE APPRECIATION RIGHTS - these relate to rights that will expires shortly and which were granted in 2008 with a grant price of R92,74. The requisite performance conditions were met in 2011. 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:

DIRECTOR:                                                           MH MUNRO
NUMBER OF RIGHTS EXERCISED:                     25 807
NUMBER OF SHARES DELIVERED:                     7 419
TOTAL VALUE (RANDS):                                     R968 328
NUMBER OF SHARES SUBSEQUENTLY 
SOLD TO PAY TAX:                                               3 115
NUMBER OF SHARES RETAINED:                       4 304
PRICE PER SHARE:                                               R130,52

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

Tongaat

2 June 2015

Sponsor: Investec Bank limited