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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 : 3 February 2020
Nature of transaction : In terms of the retention focused Hudaco share
matching scheme, based on his short-term bonus
formula, Graham Dunford was entitled to commit
to the scheme by 29 March 2020 shares up to
the value of R4 886 800. On 3 February 2020,
based on the daily VWAP price of R99.97 per
share, he committed (off market) 48 882 Hudaco
shares to the scheme. These shares will be held
in his share matching scheme account for a
period of three years to 3 February 2023, at
which date he will have the right to require
the company to purchase 48 882 Hudaco shares
for his benefit, on condition that he is still
in the company’s employ at that date.
Value of transaction : R4 886 733.54
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 : 3 February 2020
Nature of transaction 1 : In terms of the retention focused Hudaco share
matching scheme, based on his short-term bonus
formula, Clifford Amoils was entitled to
commit to the scheme by 29 March 2020 shares
up to the value of R2 432 250. On 3 February
2020, based on the daily VWAP price of R99.97
per share, he committed (off market) 24 329
Hudaco shares to the scheme. These shares will
be held in his share matching scheme account
for a period of three years to 3 February 2023,
at which date he will have the right to require
the company to purchase 24 329 Hudaco shares
for his benefit, on condition that he is still
in the company’s employ at that date.
Value of transaction : R2 432 170.13
Nature of interest : Direct beneficial.
Clearance obtained : Yes
Johannesburg
5 February 2020
Sponsor: Nedbank Corporate and Investment Banking
Date: 05-02-2020 03:38:00
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