TONGAAT HULETT LIMITED - Granting Of Rights to Participate in Share Incentive

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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