To view the PDF file, sign up for a MySharenet subscription.

HDC - Hudaco Industries Limited - Dealing in securities by directors and the

Release Date: 19/07/2011 17:09
Code(s): HDC
Wrap Text

HDC - Hudaco Industries Limited - Dealing in securities by directors and the company secretary 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 DEALING IN SECURITIES BY DIRECTORS AND THE COMPANY SECRETARY Name of the company : Hudaco Name of director : SJ Connelly Designation : Chief Executive Number of share : 58 000 Hudaco share appreciation rights appreciation rights allocated and accepted Strike price : R81.05 per share Value of transaction : R4 700 900 Vesting period : Subject to certain performance criteria, 1/3 of the allocation vests 3 years from the allocation date, with another 1/3 vesting in year 4 and the balance in year 5.
Date of acceptance : 19 July 2011 Nature of transaction : Grant and acceptance of share appreciation rights in the normal course of employment (Off
market) Nature of interest : Direct beneficial
Name of the company : Hudaco Name of director : CV Amoils Designation : Group Financial Director Number of share : 27 000 Hudaco share appreciation rights appreciation rights allocated and accepted Strike price : R81.05 per share Value of transaction : R2 188 350 Vesting period : Subject to certain performance criteria, 1/3 of the allocation vests 3 years from the allocation date, with another 1/3 vesting in year 4 and the balance in year 5.
Date of acceptance : 19 July 2011 Nature of transaction : Grant and acceptance of share appreciation rights in the normal course of employment(Off
market) Nature of interest : Direct beneficial
Name of the company : Hudaco Name of director : GR Dunford Designation : Director Number of share : 26 000 Hudaco share appreciation rights appreciation rights allocated and accepted Strike price : R81.05 per share Value of transaction : R2 107 300 Vesting period : Subject to certain performance criteria, 1/3 of the allocation vests 3 years from the allocation date, with another 1/3 vesting in year 4 and the balance in year 5.
Date of acceptance : 19 July 2011 Nature of transaction : Grant and acceptance of share appreciation rights in the normal course of employment(Off
market) Nature of interest : Direct beneficial
Name of the company : Hudaco Name of officer : R Wolmarans Designation : Group Company Secretary Number of share : 4 000 Hudaco share appreciation rights appreciation rights allocated and accepted Strike price : R81.05 per share Value of transaction : R324 200 Vesting period : Subject to certain performance criteria, 1/3 of the allocation vests 3 years from the allocation date, with another 1/3 vesting in year 4 and the balance in year 5
Date of acceptance : 19 July 2011 Nature of transaction : Grant and acceptance of share appreciation rights in the normal course of employment(Off
market) Nature of interest : Direct beneficial Edenvale 19 July 2011 Sponsor Nedbank Capital Date: 19/07/2011 17:09:27 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Share This Story