HUDACO INDUSTRIES LIMITED - Dealing in Securities by Directors

Dealing in Securities by Directors

HUDACO INDUSTRIES LIMITED
("Hudaco")
Incorporated in the Republic of South Africa
Registration number 1985/004617/06
Share code: HDC
ISIN: ZAE000003273


DEALING IN SECURITIES BY DIRECTORS


 Name of company                          :    Hudaco

 Name of director                         :    GR Dunford

 Designation                              :    Chief executive

 Number of share appreciation rights      :    82 500 Hudaco share appreciation rights
 awarded and accepted

 Strike price                             :    R182.88 per share, based on a 10-day Volume Weighted Average Price
                                               ("VWAP") at the date of the award

 Value of transaction                     :    R15 087 600.00

 Vesting period                           :    Subject to certain performance criteria, 41 250 rights vest 3 years from the
                                               allocation date, with the balance in year 4.

 Date of award                            :    25 July 2025

 Date of acceptance                       :    1 August 2025

 Nature of transaction                    :    Award and acceptance of share appreciation rights in respect of ordinary
                                               shares in the normal course of employment (off market).

 Nature of interest                       :    Direct beneficial

 Written clearance to deal                :    Yes


 Name of company                          :    Hudaco

 Name of director                         :    EJ Smith

 Designation                              :    Executive director

 Number of share appreciation rights      :    38 250 Hudaco share appreciation rights
 awarded and accepted

 Strike price                             :    R182.88 per share, based on a 10-day VWAP at the date of the award

 Value of transaction                     :    R6 995 160.00

 Vesting period                           :    Subject to certain performance criteria, 12 750 rights vest 3 years from the
                                               allocation date, with another 12 750 vesting in year 4 and the balance in
                                               year 5.

 Date of award                            :    25 July 2025

 Date of acceptance                       :    30 July 2025

 Nature of transaction                    :    Award and acceptance of share appreciation rights in respect of ordinary
                                               shares in the normal course of employment (off market).

 Nature of interest                       :    Direct beneficial
 
Written clearance to deal                 :    Yes


Edenvale
1 August 2025

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 01-08-2025 03:30:00
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