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HUDACO INDUSTRIES LIMITED - Director dealing in securities

Release Date: 02/03/2016 16:35
Code(s): HDC     PDF:  
Wrap Text
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 DEALING IN SECURITIES

Name of the company         : Hudaco

Name of director            : GR Dunford

Designation                 : Chief executive

Date of transaction no 1    : 29 February 2016


Nature of transaction no : Purchase of 2 699 Hudaco ordinary shares at 1 the current market price of 9 300 cents per share (on market).
The transaction is in terms of the rules of Hudaco's Share Matching Scheme, implemented in January 2014 by the company's remuneration committee. Value of transaction no 1 : R251 007 Date of transaction no 2 : 1 March 2016
Nature of transaction no : Purchase of 1 262 Hudaco ordinary shares at 2 the current market price of 9 501 cents per share (on market). Value of transaction 2 : R119 902.62
Both the above-mentioned transactions are in terms of the rules of Hudaco's Share Matching Scheme, implemented in January 2014 by the company's remuneration committee. Nature of interest : Direct beneficial. Clearance obtained : Yes Johannesburg 2 March 2016 Sponsor: Nedbank Corporate and Investment Banking
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