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Directors 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 DEALING IN SECURITIES
Name of the company : Hudaco
Name of director : GR Dunford
Designation : Chief executive
Date of transaction : 22 February 2021
Nature of transaction : In terms of the retention focused Hudaco share matching
scheme, based on his short-term bonus formula, Graham
Dunford was entitled to commit to the scheme by 3 April
2021 shares up to the value of R4 886 800. On 22
February 2021, based on the daily VWAP price of R95.55
per share, he committed (off market) 51 143
Hudaco shares to the scheme. These shares will be held
in his share matching scheme account for a period of
three years to 22 February 2024, at which date he will
have the right to require the company to purchase
Hudaco shares for his benefit in accordance with the
rules of the scheme, on condition that he is still in
the company's employ at that date.
Value of transaction : R4 886 713.65
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 : 22 February 2021
Nature of transaction : In terms of the retention focused Hudaco share matching
scheme, based on his short-term bonus formula, Clifford
Amoils was entitled to commit to the scheme by 3 April
2021 shares up to the value of R2 431 250. On 22
February 2021, based on the daily VWAP price of R95.55
per share, he committed (off market) 25 444 Hudaco
shares to the scheme. These shares will be held in his
share matching scheme account for a period of three
years to 22 February 2024, at which date he will have
the right to require the company to purchase Hudaco
shares for his benefit in accordance with the rules of
the scheme, on condition that he is still in the
company's employ at that date.
Value of transaction : R2 431 174.20
Nature of interest : Direct beneficial.
Clearance obtained : Yes
Johannesburg
22 February 2021
Sponsor: Nedbank Corporate and Investment Banking
Date: 22-02-2021 02:09:00
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