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Dealing in securities by directors and the company secretary
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 AND THE COMPANY SECRETARY
Name of company : Hudaco
Name of director : GR Dunford
Designation : Chief executive
Number of share appreciation rights : 235 000 Hudaco share appreciation rights
awarded and accepted
Strike price : R68.37 per share, based on a 10-day VWAP at the date of the award
Value of transaction : R16 066 950.00
Vesting period : Subject to certain performance criteria, 1/3 of the allocation vests 3 years
from the allocation date, with another 1/3 vesting in year 4 and the
balance in year 5.
Date of award : 27 July 2020
Date of acceptance : 31 July 2020
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 : 99 600 Hudaco share appreciation rights
awarded and accepted
Strike price : R68.37 per share, based on a 10-day VWAP at the date of the award
Value of transaction : R6 809 652.00
Vesting period : Subject to certain performance criteria, 1/3 of the allocation vests 3 years
from the allocation date, with another 1/3 vesting in year 4 and the
balance in year 5.
Date of award : 27 July 2020
Date of acceptance : 31 July 2020
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 : 142 000 Hudaco share appreciation rights
awarded and accepted
Strike price : R68.37 per share, based on a 10-day VWAP at the date of the award
Value of transaction : R9 708 540.00
Vesting period : Subject to certain performance criteria, 1/3 of the allocation vests 3 years
from the allocation date, with another 1/3 vesting in year 4 and the
balance in year 5.
Date of award : 27 July 2020
Date of acceptance : 3 August 2020
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 : R van Zyl
Designation : Group secretary
Number of share appreciation rights : 12 000 Hudaco share appreciation rights
awarded and accepted
Strike price : R68.37 per share, based on a 10-day VWAP at the date of the award
Value of transaction : R820 440.00
Vesting period : Subject to certain performance criteria, 1/3 of the allocation vests 3 years
from the allocation date, with another 1/3 vesting in year 4 and the
balance in year 5.
Date of award : 27 July 2020
Date of acceptance : 31 July 2020
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
3 August 2020
Sponsor: Nedbank Corporate and Investment Banking
Date: 03-08-2020 11:15:00
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