HUDACO INDUSTRIES LIMITED - Dealing in securities by directors and the company secretary

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                    :   GR Dunford

Designation                         :   Chief Executive

Number of share appreciation        :   208 500 Hudaco share appreciation rights
rights allocated and accepted

Strike price                        :   R92.04 per share

Value of transaction                :   R19 190 340

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                  :   8 August 2014

Nature of transaction               :   Grant and acceptance of share
                                        appreciation rights in the normal course
                                        of employment (off market)

Nature of interest                  :   Direct beneficial

Written clearance to deal           :   Not applicable

Name of the company                 :   Hudaco

Name of director                    :   CV Amoils

Designation                         :   Group Financial Director

Number of share appreciation        :   74 100 Hudaco share appreciation rights
rights allocated and accepted

Strike price                        :   R92.04 per share

Value of transaction                :   R6 820 164

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                  :   8 August 2014

Nature of transaction               :   Grant and acceptance of share
                                        appreciation rights in the normal course
                                        of employment (off market)

Nature of interest                  :   Direct beneficial

Written clearance to deal           :   Not applicable


Name of the company                 :   Hudaco

Name of officer                     :   R Wolmarans

Designation                         :   Group Company Secretary

Number of share appreciation        :   6 450 Hudaco share appreciation rights
rights allocated and accepted

Strike price                        :   R92.04 per share

Value of transaction                :   R593 658

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                  :   8 August 2014

Nature of transaction               :   Grant and acceptance of share
                                        appreciation rights in the normal course
                                        of employment (off market)

Nature of interest                  :   Direct beneficial

Written clearance to deal           :   Not applicable


Edenvale
8 August 2014

Sponsor
Nedbank Capital

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