| Tue 31 Aug 2010, 11:52 | | TON - Tongaat Hulett - Share scheme transactions - executive directors |
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TON
THGL
TON - Tongaat Hulett - Share scheme transactions - executive directors
Tongaat Hulett Limited
Registration number (1892/000610/06)
Share code: TON
ISIN ZAE000096541
In accordance with the JSE Listings Requirements, the following is disclosed in
respect of executive directors and share scheme transactions:
CLASS OF SECURITIES: Ordinary shares
purchased and sold on market
DATE: 27 August 2010
EXTENT OF INTERESTS: Direct and beneficial
CLEARANCE TO TRANSACT: Yes
VESTING OF AWARDS IN TERMS OF THE LONG TERM INCENTIVE PLAN - a portion of
instruments granted under the Long Term Incentive Plan in 2007 have vested,
taking into account the extent to which the performance conditions were met.
This results in a number of shares being acquired and delivered to the following
executive directors:
DIRECTOR: PH STAUDE
NUMBER OF SHARES DELIVERED: 14,956
NUMBER OF SHARES SUBSEQUENTLY SOLD: 14,956
PRICE PER SHARE: R 101.20
VALUE: R 1,513,547.20
DIRECTOR: BG DUNLOP
NUMBER OF SHARES DELIVERED: 5,336
NUMBER OF SHARES SUBSEQUENTLY SOLD: 5,336
PRICE PER SHARE: R 101.20
VALUE: R 540,003.20
DIRECTOR: MH MUNRO
NUMBER OF SHARES DELIVERED: 5,015
NUMBER OF SHARES SUBSEQUENTLY SOLD: 2,056
NUMBER OF SHARES RETAINED: 2,959
PRICE PER SHARE: R 101.67
VALUE: R 509,875.05
SHARE APPRECIATION RIGHTS - these relate to rights granted in 2005 with a grant
price of R43,98. The requisite performance conditions have been fully met
previously. An election has been made to exercise rights, which 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: P H Staude
NUMBER OF RIGHTS EXERCISED: 92,810
NUMBER OF SHARES DELIVERED: 52,460
NUMBER OF SHARES SUBSEQUENTLY SOLD: 21,508
PRICE PER SHARE: R 101.16
NUMBER OF SHARES RETAINED: 30,952
VALUE: R 5,306,853.60
Tongaat
31 August 2010
Sponsor: Investec Bank Limited
Date: 31/08/2010 11:52:01 Produced by the JSE SENS Department.
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