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HUDACO INDUSTRIES LIMITED - Directors and officer dealing in securities

Release Date: 21/02/2018 16:58
Code(s): HDC     PDF:  
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Directors and officer 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


DIRECTORS AND OFFICER DEALING IN SECURITIES


Name of the company        : Hudaco

Name of director           : GR Dunford

Designation                : Chief executive

Date of transaction        : 21 February 2018

Nature of transaction 1    : Acquisition of 7 365 Hudaco ordinary shares
                             at the current market price of R164.00 per
                             share (on market) in terms of the rules of
                             Hudaco’s Share Matching Scheme. The shares
                             are paid for by the company and match 7 365
                             Hudaco shares purchased by the executive in
                             2015 and retained to date.


Value of transaction       : R1 207 860

Nature of transaction 2    : Sale of 3 325 Hudaco ordinary shares at the
                             current market price of R164.00 per share (on
                             market). These shares were acquired in the
                             share matching transaction referred to above
                             and were sold to fund the tax liability
                             arising thereon.

Value of transaction 2     : R545 300

Nature of interest         : Direct beneficial.

Clearance obtained         : Yes


Name of the company        : Hudaco

Name of director           : CV Amoils

Designation                : Group financial director

Date of transaction        : 21 February 2018

Nature of transaction 1    : Acquisition of 7 806 Hudaco ordinary shares
                             at the current market price of R164.00 per
                             share (on market) in terms of the rules of
                             Hudaco’s Share Matching Scheme. The shares
                             are paid for by the company and match 7 806
                             Hudaco shares purchased by the executive in
                             2015 and retained to date.


Value of transaction       : R1 280 184

Nature of transaction 2    : Sale of 3 521 Hudaco ordinary shares at the
                             current market price of R164.00 per share (on
                             market). These shares were acquired in the
                             share matching transaction referred to above
                             and were sold to fund the tax liability
                             arising thereon.

Value of transaction 2     : R577 444

Nature of interest         : Direct beneficial.

Clearance obtained         : Yes

Name of the company        : Hudaco

Name of officer            : R van Zyl

Designation                : Group secretary

Date of transaction        : 21 February 2018

Nature of transaction 1    : Acquisition of 281 Hudaco ordinary shares at
                             the current market price of R164.00 per share
                             (on market) in terms of the rules of Hudaco’s
                             Share Matching Scheme. The shares are paid
                             for by the company and match 281 Hudaco
                             shares purchased by the officer in 2015 and
                             retained to date.


Value of transaction       : R46 084

Nature of transaction 2    : Sale of 121 Hudaco ordinary shares at the
                             current market price of R164.00 per share (on
                             market). These shares were acquired in the
                             share matching transaction referred to above
                             and were sold to fund the tax liability
                             arising thereon.

Value of transaction 2     : R19 844

Nature of interest         : Direct beneficial.

Clearance obtained         : Yes

Johannesburg
21 February 2018

Sponsor: Nedbank Corporate and Investment Banking

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