| Fri 21 Jul 2017, 14:55 | | TONGAAT HULETT LIMITED - Granting of rights to participate in Share Incentive Plans |
|
TON 201707210022A
Granting of rights to participate in Share Incentive Plans
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 from 29 May 2017, at
a grant price of R115,85.
Executive Directors:
P H Staude 106,763 rights
M H Munro 47,177 rights
Company Secretary:
M A Mahlari 11,757 rights
Long term incentive plan awards, which are subject to
performance conditions and vest after three years.
Executive Directors:
P H Staude 52,041 conditional awards
M H Munro 22,996 conditional awards
Company Secretary:
M A Mahlari 5,731 conditional awards
The effective date of all the above transactions was 21
July 2017, approval for the individual allocations has been
given.
21 July 2017
Tongaat
Sponsor: Investec Bank limited
Date: 21/07/2017 02:55:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
