Number of | THG rights | THG rights | Number of | Refer below for | ||||||
Expiring | Original grant | THG rights at | exercised to | forfeited to | Unbundling | THG rights at | the continuation | |||
seven years from | price (Rand) | 31 Dec 2006 | 30 June 2007 | 30 June 2007 | of Hulamin | 30 June 2007 | of this table | |||
after the | ||||||||||
10 May 2005 | 57,58 | 1 342 868 | 373 395 | 18 837 | 205 716 | 744 920 | unbundling | |||
25 April 2006 | 96,09 | 1 311 726 | 191 121 | 13 542 | 269 589 | 837 474 | of Hulamin | |||
2 654 594 | 564 516 | 32 379 | 475 305 | 1 582 394 | ||||||
The grant price and number of unexercised rights after the unbundling of Hulamin at the end of June 2007 were apportioned into a Tongaat Hulett component | ||||||||||
(Tongaat Hulett) and a Hulamin component (Hulamin) as follows: | ||||||||||
Rights | ||||||||||
Grant price (Rand) | Number following | granted in | Rights exercised | Rights forfeited | Number of rights at | |||||
Expiring | Apportioned | unbundling | 2007 | 1 July to 31 Dec 2007 | 1 July to 31 Dec 2007 | 31 December 2007 | ||||
seven years | Tongaat | Hulamin | Tongaat | Hulamin | Tongaat | Tongaat | Hulamin | Tongaat | Hulamin Tongaat | Hulamin |
from | Hulett | Hulett | Hulett | Hulett | Hulett | Hulett | ||||
10 May 2005 | 43,98 | 13,60 | 744 920 | 744 920 | 31 256 | 15 136 | 1 146 | 1 146 712 518 | 728 638 | |
25 April 2006 | 73,39 | 22,70 | 837 474 | 837 474 | 5 838 | 1 964 | 1 964 829 672 | 835 510 | ||
20 August 2007 | 88,84 | 1 189 012 | 3 162 | 1 185 850 | ||||||
1 582 394 | 1 582 394 | 1 189 012 | 37 094 | 15 136 | 6 272 | 3 110 2 728 040 | 1 564 148 |