Examples of THL Group in a sentence
The THL Group has operations in South Africa, Zimbabwe, Mozambique and Botswana which collectively make up the THL Group.
THL has adopted a share incentive scheme, namely the THL Share Appreciation Rights Plan (“THL SAR Plan”), in which selected key senior employees of the THL Group are eligible to participate with the goal to incentivise, motivate and retain these high calibre employees and recognise their contributions to the THL Group.
The Company is part of the THL Group which is an agri-processing business with a c.130-year history and a strong socio-economic legacy in Southern Africa.
The largest potential growth driver for the hotel business is a recovery of economic growth in the economies in which the THL Group operates.
In addition, the THL Group seeks to access new hotel opportunities through a variety of management contracts, new builds (on its own or via joint ventures), primarily within the markets that the THL Group already operates.
The pro forma adjusted headline earning for the THL Group is R403 million for the year ended 31 March 2019 as set out in 3.5 below.
Whilst the THL Group has undertaken numerous steps to reduce its electricity and water consumption through employing efficient operating methodologies, the price per unit of these utilities have increased dramatically and are worsened through the requirement to fund generating capacity (diesel generators) during load shedding.
The THL Group will seek to ensure that there is sufficient cash available and cash is generated by the business in order to fund its continued growth aspirations without resorting to excessive leveraging and ensure that THL maintains its strategic flexibility.
Replacement awards are provided for as a result of the election provided to employees of the THL Group on Unbundling to exchange their rights held under the Tsogo Sun Long Term Incentive Scheme for replacement awards under the THL SAR Plan.
The THL SAR Plan makes provision for two types of awards, namely new awards to assist in incentivising and retaining employees in the THL Group and replacement awards.