HUDACO INDUSTRIES LIMITED - Officer's dealing in securities

Officer's 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

OFFICER’S DEALING IN SECURITIES

Name of the        :   Hudaco
company

Name of officer    :   R Wolmarans

Designation        :   Group secretary

Date of            :   24 July 2014
transaction

Nature of          :
transactions
                       1     Exercise of 4 815 share appreciation
                             rights with a strike price of R50.50 at
                             a VWAP price of R92.30 and settled by
                             the delivery of 2 180 Hudaco ordinary
                             shares (off market).

                       2     Sale of 2 180 Hudaco ordinary shares at
                             the current market price of R91.26 per
                             share (on market).
                             These shares were acquired by
                             exercising the share appreciation
                             rights mentioned in 1 above.

Value of           :   R198 946.80
transactions

Nature of          :   Direct beneficial
interest

Clearance          :   Yes
obtained


Johannesburg
24 July 2014

Sponsor
Nedbank Capital

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