| Tue 19 Jul 2016, 16:44 | | TONGAAT HULETT LIMITED - Granting Of Rights to Participate in Share Incentive |
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TON 201607190034A
Granting Of Rights to Participate in Share Incentive
Tongaat Hulett Limited
Registration number (1892/000610/06)
Share code: TON
ISIN ZAE000096541
TONGAAT HULETT – GRANTING OF RIGHTS TO PARTICIPATE IN SHARE
INCENTIVE PLANS
Executive Directors and the Company Secretary have been
granted rights to participate in the Company’s share
incentive plans as follows:
Share appreciation rights, which are subject to performance
conditions and vest after three years, with a grant date of
6 June 2016, at a grant price of R113,41.
Executive Directors:
P H Staude 111,172 rights
M H Munro 49,654 rights
Company Secretary:
M A Mahlari 11,662 rights
Long term incentive plan awards, which are subject to
performance conditions and vest after three years.
Executive Directors:
P H Staude 47,766 conditional awards
M H Munro 21,334 conditional awards
Company Secretary:
M A Mahlari 4,814 conditional awards
The effective date of all the above transactions was 19
July 2016, approval for the individual allocations has been
given.
19 July 2016
Tongaat
Sponsor: Investec Bank limited
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