Directors' dealing in securities
Hudaco Industries Limited
("Hudaco" or "the company")
Incorporated in the Republic of South Africa
Registration number: 1985/004617/06
Share code: HDC
ISIN code: ZAE000003273
DIRECTORS' DEALING IN SECURITIES
Name of the company: Hudaco
Name of director: GR Dunford
Designation: Chief executive
Date of transaction 1: 23 February 2024
Nature of transaction 1: Acquisition of 64 100 Hudaco ordinary shares
at an average price of R169.13230 per share (on
market) in terms of the rules of Hudaco's
retention-based Share Matching Scheme. The shares
are paid for by the company and match Hudaco
shares invested in the scheme by the executive in
2021 and retained to date.
Highest price per share: R169.99
Lowest price per share: R167.50
Value of transaction 1: R10 841 380.43
Date of transaction 2: 23 February 2024
Nature of transaction 2: Sale of 29 149 Hudaco ordinary shares at a price
of R169.13 per share (on market). These shares
were acquired in the share matching transaction
referred to above and were sold to fund the tax
liability arising thereon.
Value of transaction 2: R4 929 970.37
Date of transaction 3: 27 February 2024
Nature of transaction 3: Acquisition of 15 058 Hudaco ordinary shares
at an average price of R169.70561 per share (on
market) in terms of the rules of Hudaco's
retention-based Share Matching Scheme. The shares
are paid for by the company and match Hudaco
shares invested in the scheme by the executive in
2021 and retained to date.
Highest price per share: R170.00
Lowest price per share: R168.00
Value of transaction 3: R2 555 427,07
Nature of interest: Direct beneficial
Clearance obtained: Yes
Name of the company: Hudaco
Name of director: CV Amoils
Designation: Group financial director
Date of transaction 1: 23 February 2024
Nature of transaction 1: Acquisition of 31 890 Hudaco ordinary shares
at an average price of R169.13230 per share (on
market) in terms of the rules of Hudaco's
retention-based Share Matching Scheme. The shares
are paid for by the company and match Hudaco
shares invested in the scheme by the executive in
2021 and retained to date.
Highest price per share: R169.99
Lowest price per share: R167.50
Value of transaction 1: R5 393 629.05
Date of transaction 2: 23 February 2024
Nature of transaction 2: Sale of 14 502 Hudaco ordinary shares at
a price of R169.13 per share (on market). These
shares were acquired in the
share matching transaction referred to above
and were sold to fund the tax liability
arising thereon.
Value of transaction 2: R2 452 723.26
Date of transaction 3: 27 February 2024
Nature of transaction 3: Acquisition of 7 491 Hudaco ordinary shares
at an average price of R169.70561 per share (on
market) in terms of the rules of Hudaco's
retention-based Share Matching Scheme. The shares
are paid for by the company and match Hudaco
shares invested in the scheme by the executive in
2021 and retained to date.
Highest price per share: R170.00
Lowest price per share: R168.00
Value of transaction 3: R1 271 264.72
Nature of interest: Direct beneficial
Clearance obtained: Yes
Johannesburg
28 February 2024
Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Date: 28-02-2024 05:28:00
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