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HUDACO INDUSTRIES LIMITED - Directors' dealing in securities

Release Date: 28/02/2024 17:28
Code(s): HDC     PDF:  
Wrap Text
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 1:             23 February 2024

Nature of transaction 1:           Acquisition of 64 100 Hudaco ordinary shares
                                   at an average price of R169.13230 per share (on
                                   market) in terms of the rules of Hudaco's
                                   retention-based Share Matching Scheme. The shares
                                   are paid for by the company and match Hudaco
                                   shares invested in the scheme by the executive in
                                   2021 and retained to date.

Highest price per share:           R169.99

Lowest price per share:            R167.50

Value of transaction 1:            R10 841 380.43

Date of transaction 2:             23 February 2024

Nature of transaction 2:           Sale of 29 149 Hudaco ordinary shares at a price
                                   of R169.13 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:            R4 929 970.37

Date of transaction 3:             27 February 2024

Nature of transaction 3:           Acquisition of 15 058 Hudaco ordinary shares
                                   at an average price of R169.70561 per share (on
                                   market) in terms of the rules of Hudaco's
                                   retention-based Share Matching Scheme. The shares
                                   are paid for by the company and match Hudaco
                                   shares invested in the scheme by the executive in
                                   2021 and retained to date.

Highest price per share:           R170.00

Lowest price per share:            R168.00

Value of transaction 3:            R2 555 427,07

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 1:             23 February 2024

Nature of transaction 1:           Acquisition of 31 890 Hudaco ordinary shares
                                   at an average price of R169.13230 per share (on
                                   market) in terms of the rules of Hudaco's
                                   retention-based Share Matching Scheme. The shares
                                   are paid for by the company and match Hudaco
                                   shares invested in the scheme by the executive in
                                   2021 and retained to date.

Highest price per share:           R169.99

Lowest price per share:            R167.50

Value of transaction 1:            R5 393 629.05

Date of transaction 2:             23 February 2024

Nature of transaction 2:           Sale of 14 502 Hudaco ordinary shares at
                                   a price of R169.13 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:            R2 452 723.26

Date of transaction 3:             27 February 2024

Nature of transaction 3:           Acquisition of 7 491 Hudaco ordinary shares
                                   at an average price of R169.70561 per share (on
                                   market) in terms of the rules of Hudaco's
                                   retention-based Share Matching Scheme. The shares
                                   are paid for by the company and match Hudaco
                                   shares invested in the scheme by the executive in
                                   2021 and retained to date.

Highest price per share:           R170.00

Lowest price per share:            R168.00

Value of transaction 3:            R1 271 264.72

Nature of interest:                Direct beneficial

Clearance obtained:                Yes

Johannesburg
28 February 2024

Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 28-02-2024 05:28:00
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