HUDACO INDUSTRIES LIMITED - Disclosure of acquisition of securities

Disclosure of acquisition of securities

HUDACO INDUSTRIES LIMITED
(“Hudaco” or the “Company”)
Incorporated in the Republic of South Africa
Registration number 1985/004617/06
Share code: HDC & ISIN: ZAE000003273

DISCLOSURE OF ACQUISITION OF SECURITIES

In accordance with section 122(3)(b) of the Companies Act 71 of 2008 (“the Companies Act”), Regulation 121(2)(b) of
the Companies Act Regulations 2011 and paragraph 3.83(b) of the Listings Requirements of the JSE Limited,
shareholders are advised that Ninety One SA (Pty) Ltd (“Ninety One”), on behalf of its clients, has notified Hudaco that
it has acquired a beneficial interest in the ordinary shares of the Company, such that the total interest in the ordinary
shares of Hudaco held by Ninety One’s clients now amounts to 5.1854% of the issued ordinary shares of the Company.

22 February 2021

Sponsor
Nedbank Corporate and Investment Banking

Date: 22-02-2021 01:09:00
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