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Dealing in securities by directors
HUDACO INDUSTRIES LIMITED
(“Hudaco” or the “Company”)
Incorporated in the Republic of South Africa
Registration number 1985/004617/06
Share code: HDC & ISIN: ZAE000003273
DEALING IN SECURITIES BY DIRECTORS
Name of company : Hudaco
Name of director : GR Dunford
Designation : Chief executive
Number of share appreciation rights : 135 000 Hudaco share appreciation rights
awarded and accepted
Strike price : R124.91 per share, based on a 10-day VWAP at the date of the award
Value of transaction : R16 862 850.00
Vesting period : Subject to certain performance criteria, 45 000 rights vest 3 years from the
allocation date, with another 45 000 vesting in year 4 and the balance in
year 5.
Date of award : 9 July 2021
Date of acceptance : 30 July 2021
Nature of transaction : Award and acceptance of share appreciation rights in the normal course of
employment (off market).
Nature of interest : Direct beneficial
Written clearance to deal : Yes
Name of company : Hudaco
Name of director : CV Amoils
Designation : Group financial director
Number of share appreciation rights : 51 000 Hudaco share appreciation rights
awarded and accepted
Strike price : R124.91 per share, based on a 10-day VWAP at the date of the award
Value of transaction : R6 370 410.00
Vesting period : Subject to certain performance criteria, 19 100 rights vest 3 years from the
allocation date, with another 19 100 vesting in year 4 and the balance in
year 5.
Date of award : 9 July 2021
Date of acceptance : 30 July 2021
Nature of transaction : Award and acceptance of share appreciation rights in the normal course of
employment (off market).
Nature of interest : Direct beneficial
Written clearance to deal : Yes
Name of company : Hudaco
Name of director : LFJ Meiring
Designation : Executive director
Number of share appreciation rights : 56 000 Hudaco share appreciation rights
awarded and accepted
Strike price : R124.91 per share, based on a 10-day VWAP at the date of the award
Value of transaction : R6 994 960.00
Vesting period : Subject to certain performance criteria, 18 667 rights vest 3 years from the
allocation date, with another 18 667 vesting in year 4 and the balance in
year 5.
Date of award : 9 July 2021
Date of acceptance : 30 July 2021
Nature of transaction : Award and acceptance of share appreciation rights in the normal course of
employment (off market).
Nature of interest : Direct beneficial
Written clearance to deal : Yes
EDENVALE
2 August 2021
Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Date: 02-08-2021 11:15:00
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