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 : 16 February 2023
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 4 April
2023 shares up to the value of R5 616 675. On
16 February 2023, based on the previous trading day’s
VWAP price of R165.82 per share, he committed (off
market)33 872 Hudaco shares to the scheme. These shares
will be held in his share matching scheme account for a
period of three years to 15 February 2026, at which
date he will have the right to require the company to
purchase Hudaco shares for his benefit in accordance
with the rules of the scheme, on condition that he is
still in the company's employ at that date.
Value of transaction : R5 616 655,04
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 : 16 February 2023
Nature of transaction : 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 4 April
2023 shares up to the value of R2 824 900. On
16 February 2023, based on the previous trading day’s
VWAP price of R165.82 per share, he committed (off
market)17 035 Hudaco shares to the scheme. These shares
will be held in his share matching scheme account for a
period of three years to 15 February 2026, at which
date he will have the right to require the company to
purchase Hudaco shares for his benefit in accordance
with the rules of the scheme, on condition that he is
still in the company's employ at that date.
Value of transaction : R2 824 743.70
Nature of interest : Direct beneficial.
Clearance obtained : Yes
Name of the company : Hudaco
Name of director : LFJ Meiring
Designation : Executive director
Date of transaction : 16 February 2023
Nature of transaction : In terms of the retention focused Hudaco share matching
scheme, based on his short-term bonus formula, Louis
Meiring was entitled to commit to the scheme by 4 April
2023 shares up to the value of R2 756 000. On
16 February 2023, based on the previous trading day’s
VWAP price of R165.82 per share, he committed (off
market)16 620 Hudaco shares to the scheme. These shares
will be held in his share matching scheme account for a
period of three years to 15 February 2026, at which
date he will have the right to require the company to
purchase Hudaco shares for his benefit in accordance
with the rules of the scheme, on condition that he is
still in the company's employ at that date.
Value of transaction : R2 755 928.40
Nature of interest : Direct beneficial.
Clearance obtained : Yes
Johannesburg
16 February 2023
Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Date: 16-02-2023 04:35:00
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