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 company             :   Hudaco

Name of the officer             :   R van Zyl

Designation                     :   Group secretary

Date of transaction             :   6 March 2018

Nature of transactions 1        :   1. Exercise of 2 666 share
and 2                                  appreciation rights with a
                                       strike price of R90.80 under
                                       the Hudaco Industries Share
                                       Appreciation Plan at a VWAP
                                       price of 159.63.

                                       Settled by the delivery of
                                       1149 Hudaco ordinary shares
                                       (off market).

                                    2. Sale of 1 149 Hudaco ordinary
                                       shares at the current market
                                       price of R159.02 per share
                                       (on market).

Value of transactions 1         :      R182 713.98
and 2

Nature of transactions 3            3. Purchase of 381 Hudaco
and 4                                  ordinary shares at the
                                       current market price of
                                       R157.10 per share (on market)
                                       in terms of the rules of
                                       Hudaco’s Share Matching
                                       Scheme.

                                    4. Purchase of 38 Hudaco
                                       ordinary shares at the
                                       current market price of
                                       R157.35 per share (on market)
                                       in terms of the rules of
                                       Hudaco’s Share Matching
                                       Scheme.

Value of transactions 3         :      R65 834.40
and 4

Nature of interest              :   Direct beneficial

Written clearance obtained      :   Yes


Johannesburg
8 March 2018

Sponsor
Nedbank Corporate and Investment Banking

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