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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 : 7 February 2019
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 8 April 2019 shares up to the
value of R4 632 200. On 7 February 2019, based
on the daily VWAP price of R133.91 per share,
he committed (off market) 34 591 Hudaco shares
to the scheme. These shares will be held in
his share matching scheme account for a period
of three years to 7 February 2022, at which
date he will have the right to require the
company to purchase 34 591 Hudaco shares for
his benefit, on condition that he is still in
the company’s employ at that date.
Value of transaction : R4 632 080.81
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 : 7 February 2019
Nature of transaction 1 : 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 8 April
2019 shares up to the value of R2 302 188. On
7 February 2019, based on the daily VWAP
price of R133,91 per share, he committed (off
market) 17 192 Hudaco shares to the scheme.
These shares will be held in his share
matching scheme account for a period of three
years to 7 February 2022, at which date he
will have the right to require the company to
purchase 17 192 Hudaco shares for his
benefit, on condition that he is still in the
company’s employ at that date.
Value of transaction : R2 302 180.72
Nature of interest : Direct beneficial.
Clearance obtained : Yes
Johannesburg
12 February 2019
Sponsor: Nedbank Corporate and Investment Banking
Date: 12/02/2019 11:18:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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