TON - Tongaat Hulett - Vesting Of Awards In Terms Of Long Term Incentive Plan
TON
THGL
TON - Tongaat Hulett - Vesting Of Awards In Terms Of Long Term Incentive Plan
Tongaat Hulett Limited
(formerly The Tongaat-Hulett Group Limited)
(Registration number 1892/000610/06)
Share code: TON
ISIN: ZAE000096541
VESTING OF AWARDS IN TERMS OF LONG TERM INCENTIVE PLAN
A portion of the instruments granted under the Long Term Incentive Plan in 2005
vested in May 2008, with the requisite performance conditions having been met.
The vesting of these awards results in a number of shares being acquired and
delivered to the following directors (as a benefit on which tax is to be paid by
the directors).
DIRECTOR: PH STAUDE
NUMBER OF SHARES DELIVERED: 19,161
NUMBER OF SHARES SUBSEQUENTLY SOLD TO PAY TAX: 7,857
SELLING PRICE: 93,34
DIRECTOR: BG DUNLOP
NUMBER OF SHARES DELIVERED: 7,602
NUMBER OF SHARES SUBSEQUENTLY SOLD: 7,602
SELLING PRICE: 93,34
DIRECTOR: MH MUNRO
NUMBER OF SHARES DELIVERED: 6,026
NUMBER OF SHARES SUBSEQUENTLY SOLD TO PAY TAX: 2,471
SELLING PRICE: 93,34
Approval for the individual allocations and clearance to transact has been
given.
TONGAAT
30 MAY 2008
SPONSOR
INVESTEC BANK LIMITED
Date: 30/05/2008 12:34:01 Produced by the JSE SENS Department.
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