Enhanced Investments - Financial Portal

Alternate director’s dealings in securities

Published: 2023-05-03 09:30:39 ET

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


ALTERNATE DIRECTOR’S DEALINGS IN SECURITIES


Name of the company:                              Hudaco

Name of director:                                 EJ Smith

Designation:                                      Executive alternate director


Nature of transactions:                           Acquisition of Hudaco ordinary
                                                  shares in terms of the rules of
                                                  Hudaco’s retention-based Share
                                                  Matching Scheme and sale of a
                                                  portion thereof to fund the tax
                                                  liability arising thereon. The
                                                  purchased shares are paid for by
                                                  the company and match Hudaco
                                                  shares invested in the scheme by
                                                  the executive in 2020 and
                                                  retained to date.

Date of transactions:                             26 April 2023

Number of shares purchased:                       3 343
Volume weighted price per share (“VWAP”):         R155.23
Highest price per share:                          R156.00
Lowest price per share:                           R154.81
Value of transaction:                             R518 928.20

Number of shares sold:                            2 000
Selling price per share:                          R154.81
Value of transaction:                             R309 620


Date of transactions:                             28 April 2023

Number of shares purchased:                       1 657
VWAP:                                             R155.98
Highest price per share:                          R156.00
Lowest price per share:                           R155.65
Value of transaction:                             R258 453.27

Number of shares sold:                            250
VWAP:                                             R155.79
Highest price per share:                          R155.80
Lowest price per share:                           R155.73
Value of transaction:                             R38 946.78


Nature of interest:                               Direct beneficial

Clearance obtained:                               Yes


Johannesburg
3 May 2023

Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.