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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 code: ZAE000003273
DEALING IN SECURITIES BY DIRECTORS
Name of the company : Hudaco
Name of director : GR Dunford
Designation : Chief executive
Date of transactions 1 to 3 : 18 July 2025
Nature of transactions 1 to 3 : Exercise at a VWAP price of R182.94 of
share appreciation rights with a strike
price, under the Hudaco Industries
Share Appreciation Plan (off market),
as set out below.
Settled by the delivery of Hudaco
ordinary shares, purchased by the
company (on market) as follows:
552 shares on 18 July 2025 at the
current market price of R187.91 per
share.
671 shares on 21 July 2025 at an
average price of R189.5786 per share,
with lowest and highest prices per
share of R188.00 and R190.00,
respectively.
No of
shares
No of share purchased
appreciation Strike and Value of
Transaction rights price delivered transaction
number exercised (R) to settle (R)
1 501 102.93 219 41 352.78
2 1 155 125.10 365 68 921.31
3 3 502 149.51 639 120 659.49
Date of transaction 4 : 18 July 2025
Nature of transaction 4 : Sale of 552 Hudaco ordinary shares at
the current market price of R187.91 per
share (on market) to settle the tax
liability arising on transactions 1 to
3.
Value of transaction 4: : R103 726.32
Nature of interest : Direct beneficial
Written clearance obtained : Yes
Name of director : CV Amoils
Designation : Financial director
Date of transactions 1 to 3 : 18 July 2025
Nature of transactions 1 to 3 : Exercise at a VWAP price of R182.94 of
share appreciation rights with a strike
price, under the Hudaco Industries
Share Appreciation Plan (off market),
as set out below.
Settled by the delivery of Hudaco
ordinary shares, purchased by the
company (on market) as follows:
246 shares on 18 July 2025 at the
current market price of R187.91 per
share.
296 shares on 21 July 2025 at an
average price of R189.5863 per share,
with lowest and highest prices per
share of R188.00 and R190.00,
respectively.
No of
shares
No of share purchased
appreciation Strike and Value of
Transaction rights price delivered transaction
number exercised (R) to settle (R)
1 237 102.93 103 19 449.03
2 538 125.10 170 32 100.34
3 1 476 149.51 269 50 794.06
Date of transaction 4 : 18 July 2025
Nature of transaction 4 : Sale of 246 Hudaco ordinary shares at
the current market price of R187.91 per
share (on market) to settle the tax
liability arising on transactions 1 to
3.
Value of transaction 4: : R46 225.86
Nature of interest : Direct beneficial
Written clearance obtained : Yes
Name of director : EJ Smith
Designation : Executive alternate director
Date of transaction 1 : 18 July 2025
Nature of transaction 1 : Exercise at a VWAP price of R182.94 of
1 749 share appreciation rights with a
strike price of R149.51, under the
Hudaco Industries Share Appreciation
Plan (off market).
Settled by the delivery of Hudaco
ordinary shares total value of
R60 235.33, purchased by the company
(on market) as follows:
144 shares on 18 July 2025 at the
current market price of R187.91 per
share.
175 shares on 21 July 2025 at an
average price of R189.5788 per share,
with lowest and highest prices per
share of R188.00 and R190.00,
respectively.
Date of transaction 2 : 18 July 2025
Nature of transaction 2 : Sale of 144 Hudaco ordinary shares at
the current market price of R187.91 per
share (on market) to settle the tax
liability on transaction 1.
Value of transaction 2: : R27 059.04
Nature of interest : Direct beneficial
Written clearance obtained : Yes
Edenvale
22 July 2025
Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Date: 22-07-2025 04:23:00
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