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

HUDACO INDUSTRIES LIMITED - Officer's dealing in securities

Release Date: 04/10/2013 14:30
Code(s): HDC     PDF:  
Wrap Text
Officer's 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

OFFICER’S DEALING IN SECURITIES

Name of the        :   Hudaco
company

Name of officer    :   R Wolmarans

Designation        :   Group secretary

Date of            :   3 October 2013
transaction

Nature of          :
transactions
                       1     Exercise of 1 200 share appreciation
                             rights with a strike price of R50.50 at
                             a VWAP price of R98.71 and settled by
                             the delivery of 586 Hudaco ordinary
                             shares (off market).

                       2     Sale of 586 Hudaco ordinary shares at
                             the current market price of R99.50 per
                             share (on market).
                             These shares were acquired by
                             exercising the share appreciation
                             rights mentioned in 1 above.

Value of           :   R58 307
transactions

Nature of          :   Direct beneficial
interest

Clearance          :   Yes
obtained


Johannesburg
4 October 2013

Sponsor
Nedbank Capital

Date: 04/10/2013 02:30:00 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