HUDACO INDUSTRIES LIMITED - Dealing in securities by a director

Dealing in securities by a director

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

DEALING IN SECURITIES BY A DIRECTOR

In terms of paragraph 3.63 - 3.65 of the JSE Limited Listings
Requirements, the following information, relating to the
dealing in securities by a director is disclosed:

Chief executive officer:              GR Dunford

Date of transaction:                  13 February 2015

Nature of transaction:                Automatic exercise on the
                                      expiry of share appreciation
                                      rights under the Hudaco
                                      Industries Limited Share
                                      Appreciation Plan at a VWAP
                                      price of R123.26 as follows:

                                      6 667 share appreciation
                                      rights with a strike price of
                                      R71.45, settled by the
                                      delivery of 2 802 Hudaco
                                      ordinary shares (off market).

Exercise price per share:             R123.26

Deemed value of transaction:          R345 374.52

Nature of interest:                   Direct beneficial

Written clearance obtained:           Yes


Johannesburg
16 February 2015

Sponsor
Nedbank Capital

Date: 16/02/2015 11:52:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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