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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 6 : 27 July 2023
Nature of transactions 1 to 6 : Exercise at a VWAP price of R160.17 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) at an average price
of R161.8739 per share, with lowest and
highest prices per share of R160.01 and
R162.00, 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 78 333 68.37 44 895 7 267 328.74
2 54 292 117,27 14 541 2 353 808.38
3 67 932 149.51 4 521 731 831.90
4 3 675 125,10 804 130 146.62
5 13 672 102,93 4 885 790 754.00
6 390 125,24 85 13 759.28
Date of transaction 7 : 28 July 2023
Nature of transaction 7 : Sale of 31 382 Hudaco ordinary shares
at the current market price of R161.74
per share (on market) to settle the tax
liability arising on transactions 1 to
6.
Value of transaction 7: : R5 075 724.68
Nature of interest : Direct beneficial
Written clearance obtained : Yes
Name of director : CV Amoils
Designation : Financial director
Date of transactions 1 to 5 : 27 July 2023
Nature of transactions 1 to 5 : Exercise at a VWAP price of R160.17 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) at an average price
of R161.8739 per share, with lowest and
highest prices per share of R160.01 and
R162.00, respectively.
Shares
No of share purchased
appreciation Strike and Value of
Transaction rights price delivered to transaction
number exercised (R) settle (R)
1 33 200 68.37 19 028 3 080 136.57
2 23 047 117.27 6 172 999 085. 71
3 1 715 125.10 375 60 702.71
4 6 486 102.93 2 317 375 061.83
5 197 125.24 42 6 798.70
Date of transaction 6 : 28 July 2023
Nature of transaction 6 : Sale of 12 595 Hudaco ordinary shares
at the current market price of R161.74
per share (on market) to settle the tax
liability arising on transactions 1 to
5.
Value of transaction 6: : R2 037 115.30
Nature of interest : Direct beneficial
Written clearance obtained : Yes
Name of director : EJ Smith
Designation : Executive alternate director
Date of transactions 1 to 3 : 27 July 2023
Nature of transactions 1 to 3 : Exercise at a VWAP price of R160.17 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) at a price of
R160.30 per share.
Shares
No of share purchased
appreciation Strike and Value of
Transaction rights price delivered to transaction
number exercised (R) settle (R)
1 29 167 68.37 16 716 2 679 574.80
2 9 109 117.27 2 439 390 971.70
3 11 322 149.51 753 120 705.90
Date of transaction 4 : 27 July 2023
Nature of transaction 4 : Sale of 19 908 Hudaco ordinary shares
at the current market price of R160.30
per share (on market).
Value of transaction 4: : R3 191 252.40
Nature of interest : Direct beneficial
Written clearance obtained : Yes
Edenvale
31 July 2023
Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited
