| Fri 1 Jun 2012, 10:25 | | 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
TONGAAT HULETT - SHARE SCHEME TRANSACTIONS - EXECUTIVE DIRECTORS
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
R111,11 as follows:
DIRECTOR: BG DUNLOP
NUMBER OF SHARES PURCHASED: 5,559
TOTAL VALUE (RANDS): R617,660.49
DIRECTOR: MH MUNRO
NUMBER OF SHARES PURCHASED: 5,493
TOTAL VALUE (RANDS): R610,327.23
DIRECTOR: PH STAUDE
NUMBER OF SHARES PURCHASED: 17,090
TOTAL VALUE (RANDS): R1,898,869.90
VESTING OF AWARDS IN TERMS OF THE LONG TERM INCENTIVE PLAN A portion of
instruments granted under the Long Term Incentive Plan in 2009 have vested,
taking into account the extent to which the performance conditions were met.
This results in a number of shares being acquired on market and delivered to
the following executive directors:
DIRECTOR: BG DUNLOP
NUMBER OF SHARES DELIVERED: 1,853
TOTAL VALUE (RANDS): R209,296
NUMBER OF SHARES SUBSEQUENTLY SOLD TO PAY TAX: 760
NUMBER OF SHARES RETAINED: 1,093
PRICE PER SHARE: R112.95
DIRECTOR: MH MUNRO
NUMBER OF SHARES DELIVERED: 1,746
TOTAL VALUE (RANDS): R197,211
NUMBER OF SHARES SUBSEQUENTLY SOLD TO PAY TAX: 716
NUMBER OF SHARES RETAINED: 1,030
PRICE PER SHARE: R112.95
DIRECTOR: PH STAUDE
NUMBER OF SHARES DELIVERED: 5,175
TOTAL VALUE (RANDS): R584,516
NUMBER OF SHARES SUBSEQUENTLY SOLD TO PAY TAX: 2,122
NUMBER OF SHARES RETAINED: 3,053
PRICE PER SHARE: R112.95
The transactions were concluded on 30 May 2012
Approval for the above allocations and clearance to transact has been given.
1 June 2012
Tongaat
Sponsor: Investec Bank limited
Date: 01/06/2012 10:25:00 Produced by the JSE SENS Department.
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