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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 1: 16 February 2023
Nature of transaction 1: Acquisition of 48 882 Hudaco ordinary shares
at a price of R169.00 per share (on market) in
terms of the rules of Hudaco’s retention-based
Share Matching Scheme. The shares are paid for by
the company and match Hudaco shares invested in
the scheme by the executive in 2020 and retained
to date.
Value of transaction 1: R8 261 058
Date of transaction 2: 16 February 2023
Nature of transaction 2: Sale of 22 244 Hudaco ordinary shares at a price
of R169.00 per share (on market). These shares
were acquired in the share matching transaction
referred to above and were sold to fund the tax
liability arising thereon.
Value of transaction 2: R3 759 236
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 1: 16 February 2023
Nature of transaction 1: Acquisition of 24 319 Hudaco ordinary shares
at a price of R169.00 per share (on market) in
terms of the rules of Hudaco’s retention-based
Share Matching Scheme. The shares are paid for by
the company and match Hudaco shares invested in
the scheme by the executive in 2020 and retained
to date.
Value of transaction 1: R4 109 911
Date of transaction 2: 16 February 2023
Nature of transaction 2: Sale of 11 065 Hudaco ordinary shares at a price
of R169.00 per share (on market). These shares
were acquired in the share matching transaction
referred to above and were sold to fund the tax
liability arising thereon.
Value of transaction 2: R1 869 985
Nature of interest: Direct beneficial
Clearance obtained: Yes
Name of the company: Hudaco
Name of director: LFJ Meiring
Designation: Executive director
Date of transaction 1: 16 February 2023
Nature of transaction 1: Acquisition of 21 052 Hudaco ordinary shares
at a price of R169.00 per share (on market) in
terms of the rules of Hudaco’s retention-based
Share Matching Scheme. The shares are paid for by
the company and match Hudaco shares invested in
the scheme by the executive in 2020 and retained
to date.
Value of transaction 1: R3 557 788
Date of transaction 2: 16 February 2023
Nature of transaction 2: Sale of 9 578 Hudaco ordinary shares at a price
of R169.00 per share (on market). These shares
were acquired in the share matching transaction
referred to above and were sold to fund the tax
liability arising thereon.
Value of transaction 2: R1 618 682
Nature of interest: Direct beneficial
Clearance obtained: Yes
Johannesburg
20 February 2023
Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Date: 20-02-2023 03:20:00
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