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TONGAAT HULETT LIMITED - Dealing in Securities

Release Date: 02/06/2015 16:35
Code(s): TON     PDF:  
Wrap Text
Dealing in Securities

Tongaat Hulett Limited
Registration number 1892/000610/06
Share code: TON
ISIN ZAE000096541

DEALING IN SECURITIES

TONGAAT HULETT: SHARE SCHEME TRANSACTIONS: EXECUTIVE DIRECTORS AND COMPANY
SECRETARY

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 R131,08 as follows:

EXECUTIVE DIRECTOR:                                                       PH STAUDE
NUMBER OF SHARES PURCHASED:                     `                         13 405
TOTAL VALUE (RANDS):                                                      R1 757 127


EXECUTIVE DIRECTOR:                                                       MH MUNRO
NUMBER OF SHARES PURCHASED:                                               4 114
TOTAL VALUE (RANDS):                                                      R539 263

DATE: 1 JUNE 2015

VESTING OF AWARDS IN TERMS OF THE LONG TERM INCENTIVE PLAN - Taking into account the
extent to which the performance conditions were met, 26,3% of instruments granted under the Long Term
Incentive Plan in 2012 have vested. This results in a number of shares being acquired on market and delivered
to the following executive directors and company secretary:

EXECUTIVE DIRECTOR:                                                       PH STAUDE
NUMBER OF SHARES DELIVERED:                                               10 349
TOTAL VALUE (RANDS):                                                      R1 360 376
NUMBER OF SHARES SUBSEQUENTLY SOLD:                                       10 349
PRICE PER SHARE:                                                          R131,45

EXECUTIVE DIRECTOR:                                                       MH MUNRO
NUMBER OF SHARES DELIVERED:                                               3 338
TOTAL VALUE (RANDS):                                                      R438 780
NUMBER OF SHARES SUBSEQUENTLY SOLD:                                       3 338
PRICE PER SHARE:                                                          R131,45

COMPANY SECRETARY:                                                        M A C MAHLARI
NUMBER OF SHARES DELIVERED:                                               855
TOTAL VALUE (RANDS):                                                      R112 390
NUMBER OF SHARES SUBSEQUENTLY SOLD TO PAY TAX:                            359
NUMBER OF SHARES RETAINED:                                                496
PRICE PER SHARE:                                                          R131,45

DATE: 2 JUNE 2015

VESTING OF AWARDS IN TERMS OF THE DEFERRED BONUS PLAN - Matching awards have vested in
respect of the deferred bonus plan shares acquired by the executive directors in 2012 and which they continue to
hold. This results in a number of matching shares being acquired and delivered to the following executive
directors, as follows:

EXECUTIVE DIRECTOR:                                                       PH STAUDE
NUMBER OF SHARES DELIVERED:                                               17 090
TOTAL VALUE (RANDS):                                                      R2 271 945
NUMBER OF SHARES SUBSEQUENTLY SOLD:                                       17 090
PRICE PER SHARE:                                                          R132,94



EXECUTIVE DIRECTOR:                                                       MH MUNRO
NUMBER OF SHARES DELIVERED:                                               5 493
TOTAL VALUE (RANDS):                                                      R730 239
NUMBER OF SHARES SUBSEQUENTLY SOLD:                                       5 493
PRICE PER SHARE:                                                          R132,94
DATE 2 JUNE 2015

SHARE APPRECIATION RIGHTS - these relate to rights that will expires shortly and which were granted in
2008 with a grant price of R92,74. The requisite performance conditions were met in 2011. An election has
been made to exercise rights, pay tax and retain shares. This 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:                                                                 MH MUNRO
NUMBER OF RIGHTS EXERCISED:                                               25 807
NUMBER OF SHARES DELIVERED:                                               7 419
TOTAL VALUE (RANDS):                                                      R968 328
NUMBER OF SHARES SUBSEQUENTLY SOLD TO PAY TAX:                            3 115
NUMBER OF SHARES RETAINED:                                                4 304
PRICE PER SHARE:                                                          R130,52

CLASS OF SECURITIES: Ordinary shares
EXTENT OF INTERESTS: Direct and beneficial
CLEARANCE TO TRANSACT: Yes
PURCHASED/SOLD ON MARKET: Yes


Tongaat
2 JUNE 2015

Sponsor: Investec Bank limited

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