TON - Tongaat Hulett - Share Scheme Transactions - Executive director
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THGL
TON - Tongaat Hulett - Share Scheme Transactions - Executive director
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 an executive director and share scheme transactions:
SHARE APPRECIATION RIGHTS - these relate to rights that will expire shortly
and which were 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: M H Munro
NUMBER OF RIGHTS EXERCISED: 21,185
NUMBER OF SHARES DELIVERED: 12,177
NUMBER OF SHARES SUBSEQUENTLY SOLD: 12,177
PRICE PER SHARE: R103.05
Value: R1,254,840
CLASS OF SECURITIES: Ordinary shares
DATE: 15 February 2012
EXTENT OF INTERESTS: Direct and beneficial
CLEARANCE TO TRANSACT: Yes
PURCHASED/SOLD ON MARKET: Yes
Tongaat
17 February 2012
Sponsor: Investec Bank Limited
Date: 17/02/2012 12:57:07 Produced by the JSE SENS Department.
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