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TONGAAT HULETT LIMITED - Director's dealings

Release Date: 03/12/2013 14:45
Code(s): TON     PDF:  
Wrap Text
Director's dealings

Tongaat Hulett Limited

Registration number: 1892/000610/06

Share code: TON

ISIN ZAE000096541



TONGAAT HULETT – DIRECTORS’ DEALINGS IN SECURITIES – EXERCISING OPTIONS

AND RETAINING SHARES



In accordance with the JSE Listings Requirements, the following is disclosed in respect of share

scheme transactions:



CLASS OF SECURITIES: Ordinary shares

DATE: 2 December 2013

EXTENT OF INTERESTS: Direct and beneficial

CLEARANCE TO TRANSACT: Yes

PURCHASED/SOLD ON MARKET: Yes



SHARE OPTIONS - these relate to the original Tongaat-Hulett Group share option scheme, that

are expiring (having been granted in 2003/4) and are in respect of the Tongaat Hulett component.

An election has been made to exercise options, pay tax and subscription price and retain shares as

follows:



DIRECTOR:                                           M H Munro

NUMBER OF OPTIONS EXERCISED:                        30 000

TOTAL VALUE (RANDS):                                R2 717 700,00

OPTION SUBSCRIPTION PRICE:                          R26,35

PRICE OF SHARE:                                     R116,94

NUMBER OF SHARES SUBSEQUENTLY SOLD TO PAY TAX

AND SUBSCRIPTION PRICE:                             16 200

NUMBER OF SHARES RETAINED:                          13 800

NUMBER OF OPTIONS EXERCISED:                        32 000

TOTAL VALUE (RANDS):                                R2 593 280,00

OPTION SUBSCRIPTION PRICE:                          R35,90

PRICE OF SHARE:                                     R116,94

NUMBER OF SHARES SUBSEQUENTLY SOLD TO PAY TAX

AND SUBSCRIPTION PRICE:                             18 900

NUMBER OF SHARES RETAINED:                          13 100





Tongaat

3 December 2013



Sponsor: Investec Bank Limited


Date: 03/12/2013 02:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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