TONGAAT HULETT LIMITED - Share Scheme Transactions: Executive Directors and Company Secretary

Release Date: 15/06/2018 16:26
Code(s): TON
 
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Share Scheme Transactions: Executive Directors and Company Secretary

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

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

VESTING OF AWARDS FROM 2015 IN TERMS OF THE DEFERRED BONUS PLAN - Matching awards
have vested in respect of the deferred bonus plan shares acquired by the executive directors using their annual
bonuses in 2015 and which they continue to hold. This results in a number of matching shares being acquired
and delivered to the following executive directors:

EXECUTIVE DIRECTOR:                                                                       PH STAUDE
NUMBER OF SHARES DELIVERED:                                                               13 405
TOTAL VALUE (RANDS):                                                                      R1 060 067
NUMBER OF SHARES SUBSEQUENTLY SOLD TO PAY TAX:                                            6166
NUMBER OF SHARES RETAINED                                                                 7239
PRICE PER SHARE:                                                                          R79.08

EXECUTIVE DIRECTOR:                                                                       MH MUNRO
NUMBER OF SHARES DELIVERED:                                                               4 114
TOTAL VALUE (RANDS):                                                                      R325 335
NUMBER OF SHARES SUBSEQUENTLY SOLD TO PAY TAX:                                            1 892
NUMBER OF SHARES RETAINED:                                                                2 222
PRICE PER SHARE:                                                                          R79.08

TRANSACTION DATE:                                                                         14 JUNE 2018


VESTING OF AWARDS FROM 2015 IN TERMS OF THE LONG-TERM INCENTIVE PLAN - Taking into
account the extent to which the performance conditions were met, 27.03% of instruments granted under the
Long-Term Incentive Plan in 2015 have vested. This results in a number of shares being acquired on market and
delivered to the following:

COMPANY SECRETARY:                                                                        M A C MAHLARI
NUMBER OF SHARES DELIVERED:                                                               1 205
TOTAL VALUE (RANDS):                                                                      R95 291
NUMBER OF SHARES SUBSEQUENTLY SOLD TO PAY TAX:                                            554
NUMBER OF SHARES RETAINED:                                                                651
PRICE PER SHARE:                                                                          R79.08


TRANSACTION DATE:                                                                         14 JUNE 2018


CLASS OF SECURITIES: Ordinary shares
EXTENT OF INTERESTS: Direct and beneficial
CLEARANCE TO TRANSACT: Yes
PURCHASED/SOLD ON MARKET: Yes
Tongaat
15 JUNE 2018

Sponsor: Investec Bank limited

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