Try our mobile app

Directors’ dealing in securities

Published: 2022-02-14 15:20:00 ET
<<<  go to JSE:HDC company page
Hudaco Industries Limited (JSE:HDC) News - 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 1:             8 February 2022

Nature of transaction 1:           Acquisition of 34 591 Hudaco ordinary shares
                                   at an average price of R159.21 per share (on
                                   market) in terms of the rules of Hudaco’s
                                   retention based Share Matching Scheme. The shares
                                   are paid for by the company and match Hudaco
                                   shares purchased by the executive in 2019 and
                                   retained to date.

Highest price per share:           R160.00

Lowest price per share:            R158.00

Value of transaction 1:            R5 507 195.06


Date of transaction 2:             8 February 2022

Nature of transaction 2:           Sale of 4 415 Hudaco ordinary shares at an
                                   average price of R158.25 per share (on market).
                                   These shares were acquired in the share matching
                                   transaction referred to above and were sold to
                                   partially fund the tax liability arising thereon.

Highest price per share:           R159.50

Lowest price per share:            R158.10

Value of transaction 2:            R698 704.66


Date of transaction 3:             11 February 2022

Nature of transaction 3:           Sale of 1 846 Hudaco ordinary shares at an
                                   average price of R159.20 per share (on market).
                                   These shares were acquired in the share matching
                                   transaction referred to above and were sold to
                                   partially fund the tax liability arising thereon.

Highest price per share:           R159.21

Lowest price per share:            R158.50

Value of transaction 3:            R293 879.51


Date of transaction 4:             14 February 2022
Nature of transaction 4:           Sale of 6 182 Hudaco ordinary shares at an
                                   average price of R158.99 per share (on market).
                                   These shares were acquired in the share matching
                                   transaction referred to above and were sold to
                                   partially fund the tax liability arising thereon.

Highest price per share:           R159.45

Lowest price per share:           R156.93

Value of transaction 4:           R982 876.18


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 1:            8 February 2022

Nature of transaction 1:          Acquisition of 17 192 Hudaco ordinary shares
                                  at an average price of R159.14 per share (on
                                  market) in terms of the rules of Hudaco’s
                                  retention based Share Matching Scheme. The shares
                                  are paid for by the company and match Hudaco
                                  shares purchased by the executive in 2019 and
                                  retained to date.
 
Highest price per share:          R160.00

Lowest price per share:           R158.00

Value of transaction 1:           R2 736 010.85

Date of transaction 2:            8 February 2022

Nature of transaction 2:          Sale of 4 415 Hudaco ordinary shares at
                                  an average price of R158.25 per share (on
                                  market). These shares were acquired in the
                                  share matching transaction referred to above
                                  and were sold to partially fund the tax liability
                                  arising thereon.

Highest price per share:          R159.50

Lowest price per share:           R158.10

Value of transaction 2:           R698 704.66

Date of transaction 3:            11 February 2022

Nature of transaction 3:          Sale of 1 846 Hudaco ordinary shares at an
                                  average price of R159.19 per share (on market).
                                  These shares were acquired in the share matching
                                  transaction referred to above and were sold to
                                  partially fund the tax liability arising thereon.

Highest price per share:          R159.21

Lowest price per share:           R158.05
Value of transaction 3:           R293 879.51

Date of transaction 4:            14 February 2022

Nature of transaction 4:          Sale of 1 479 Hudaco ordinary shares at an
                                  average price of R158.99 per share (on market).
                                  These shares were acquired in the share matching
                                  transaction referred to above and were sold to
                                  partially fund the tax liability arising thereon.

Highest price per share:          R159.45

Lowest price per share:           R156.93

Value of transaction 4:           R235 146.21


Nature of interest:               Direct beneficial

Clearance obtained:               Yes


Johannesburg
14 February 2022


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

Date: 14-02-2022 05:20:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.