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TONGAAT HULETT LIMITED - Dealings in securities by Company Secretary

Release Date: 13/12/2017 16:35
Code(s): TON     PDF:  
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Dealings in securities by Company Secretary

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

Tongaat Hulett – Dealings in securities by Company
Secretary

In accordance with the JSE Listings Requirements, the
following is disclosed in respect of dealings in securities
by the company secretary.

In accordance with the BEE Management Share Ownership
Scheme (MSOP) approved by shareholders in 2007, the company
secretary was granted 3 705 share awards on 16 November
2012. These shares were released from the 5 year restricted
period during November 2017, being the fifth anniversary
from the grant date in terms of the rules of the MSOP
scheme, and were subsequently delivered to the company
secretary. An election has been made to sell some of the
shares to pay the associated tax and to retain the balance,
as follows:

Company Secretary:                      MAC MAHLARI
Number of Shares Delivered:                   3 705
Number of Shares Subsequently Sold:           1 704
Price per Share:                            R104,47
Value of Transaction                    R178 016,88
Number of Shares Retained:                    2 001
Class of Securities:                Ordinary shares
Date:                              12 December 2017
Extent of Interest:           Direct and beneficial
Clearance to Transact:                          Yes
Transacted on Market:                           Yes




13 December 2017
Tongaat

Sponsor: Investec Bank limited

Date: 13/12/2017 04:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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