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        :   105 000 Hudaco share appreciation rights
rights awarded and accepted
Strike price                        :   R125.10 per share, based on a 10-day
                                        VWAP at the date of award
Value of transaction                :   R13 135 500
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 award                       :   24 July 2017
Date of acceptance                  :   4 August 2017
Nature of transaction               :   Award 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        :   49 000 Hudaco share appreciation rights
rights awarded and accepted
Strike price                        :   R125.10 per share, based on a 10-day
                                        VWAP at the date of award
Value of transaction                :   R6 129 900
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 award                       :   24 July 2017
Date of acceptance                  :   4 August 2017
Nature of transaction               :   Award 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 van Zyl
Designation                         :   Group Company Secretary
Number of share appreciation        :   5 700 Hudaco share appreciation rights
rights awarded and accepted
Strike price                        :   R125.10 per share, based on a 10-day
                                        VWAP at date of award
Value of transaction                :   R713 070
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 award                       :   24 July 2017
Date of acceptance                  :   7 August    2017
Nature of transaction               :   Award 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
7 August 2017

Sponsor
Nedbank Corporate and Investment Banking

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