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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 : 10 April 2018
Nature of transaction : In terms of the Hudaco share matching scheme,
based on his short-term bonus for the year
ended 30 November 2017, Graham Dunford was
required to commit to the scheme by 10 April
2018 shares to the value of between R625 000
and R2 500 000. On 10 April 2018, based on
the daily VWAP price of R166,07 per share, he
committed (off market) 15 054 Hudaco shares
to the scheme. These shares will be held in
his share matching scheme account for a
period of three years to 10 April 2021, at
which date he will have the right to require
the company to purchase 15 054 Hudaco shares
for his benefit, on condition that he is
still in the company’s employ at that date.
Value of transaction : R2 500 000
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 : 10 April 2018
Nature of transaction 1 : In terms of the Hudaco share matching scheme,
based on his short-term bonus for the year
ended 30 November 2017, Clifford Amoils was
required to commit to the scheme by 10 April
2018 shares to the value of between R343 750
and R1 375 000. On 10 April 2018, based on
the daily VWAP price of R166,07 per share, he
committed (off market) 8 280 Hudaco shares to
the scheme. These shares will be held in his
share matching scheme account for a period of
three years to 10 April 2021, at which date
he will have the right to require the company
to purchase 8 280 Hudaco shares for his
benefit, on condition that he is still in the
company’s employ at that date.
Value of transaction : R1 375 000
Nature of interest : Direct beneficial.
Clearance obtained : Yes
Johannesburg
11 April 2018
Sponsor: Nedbank Corporate and Investment Banking
Date: 11/04/2018 02:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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