Wrap Text
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 transactions 1 to 5 : 27 February 2023
Nature of transactions 1 to 5 : Exercise at a VWAP price of share
appreciation rights with a strike
price, under the Hudaco Industries
Share Appreciation Plan (off market),
as set out below.
Settled by the delivery of Hudaco
ordinary shares, purchased by the
company (on market) at an average price
of R173.03353 per share, with lowest
and highest prices per share of R170.50
and R173.50, respectively.
No of
shares
No of share purchased
appreciation Strike and Value of
Transaction rights price delivered transaction
number exercised (R) to settle (R)
1 35 280 117,27 10 781 1 865 474,46
2 68 460 125,10 17 747 3 070 826,02
3 91 992 102,93 35 924 6 216 056,45
4 29 490 125,24 7 620 1 318 515,48
5 23 352 92,04 10 625 1 838 481,23
Date of transaction 6 : 28 February 2023
Nature of transaction 6 : Sale of 37 216 Hudaco ordinary shares
at the current market price of R173.00
per share (on market).
Value of transaction 6: : R6 438 368.00
Nature of interest : Direct beneficial
Written clearance obtained : Yes
Name of director : CV Amoils
Designation : Financial director
Date of transactions 1 to 5 : 25 February 2023
Nature of transactions 1 to 5 : Exercise at a VWAP price of share
appreciation rights with a strike
price, under the Hudaco Industries
Share Appreciation Plan (off market),
as set out below.
Settled by the delivery of Hudaco
ordinary shares, purchased by the
company (on market) at an average price
of R173.03353 per share, with lowest
and highest prices per share of R170.50
and R173.50, respectively.
Shares
No of share purchased
appreciation Strike and Value of
Transaction rights price delivered to transaction
number exercised (R) settle (R)
1 14 977 117,27 4 577 791 974,46
2 31 948 125,10 8 282 1 433 063,68
3 43 638 102,93 17 041 2 948 664,35
4 14 942 125,24 3 861 668 082,45
5 8 299 92,04 3 776 653 374,60
Date of transaction 6 : 28 February 2023
Nature of transaction 6 : Sale of 37 537 Hudaco ordinary shares
at the current market price of R173.00
per share (on market).
Value of transaction 6: : R6 493 901.00
Nature of interest : Direct beneficial
Written clearance obtained : Yes
Edenvale
2 March 2023
Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Date: 02-03-2023 11:48:00
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