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HUDACO INDUSTRIES LIMITED - Directors dealings in securities

Release Date: 14/07/2014 13:56
Code(s): HDC     PDF:  
Wrap Text
Directors dealings 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

DIRECTOR’S DEALING IN SECURITIES

Name of the                  :      Hudaco
company

Name of director             :      GR Dunford

Designation                  :      Chief Executive

Date of                      :      11 July 2014
transaction

Nature of                    :      Exercise of 21 667 share appreciation rights with a
transaction                         strike price of R39.75 at a VWAP price of R96.38
                                    and settled by the delivery of 12 730 Hudaco ordinary
                                    shares (off market).

Value of                     :      R1 227 002.21
transaction

Nature of                    :      Direct beneficial
interest

Clearance                    :      Yes
obtained



Johannesburg
14 July 2014

Sponsor
Nedbank Capital

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