Try our mobile app
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: 7 February 2022
Nature of transaction: In terms of the retention focused Hudaco share
matching scheme, based on his short-term bonus
formula, Graham Dunford was entitled to commit to
the scheme by 5 April 2022 shares up to the value
of R5 130 000. On 7 February 2022, based on the
previous trading day’s VWAP price of R149.96 per
share, he committed (off market)34 209 Hudaco
shares to the scheme. These shares will be held in
his share matching scheme account for a period of
three years to 6 February 2025, at which date he
will have the right to require the company to
purchase Hudaco shares for his benefit in
accordance with the rules of the scheme, on
condition that he is still in the company's employ
at that date.
Value of transaction: R5 129 981.64
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: 7 February 2022
Nature of transaction: In terms of the retention focused Hudaco share
matching scheme, based on his short-term bonus
formula, Clifford Amoils was entitled to commit to
the scheme by 5 April 2022 shares up to the value
of R2 562 500. On 7 February 2022, based on the
previous trading day’s VWAP price of R149.96 per
share, he committed (off market) 17 088 Hudaco
shares to the scheme. These shares will be held in
his share matching scheme account for a period of
three years to 6 February 2025, at which date he
will have the right to require the company to
purchase Hudaco shares for his benefit in
accordance with the rules of the scheme, on
condition that he is still in the company's employ
at that date.
Value of transaction: R2 562 516.48
Nature of interest: Direct beneficial
Clearance obtained: Yes
Name of the company: Hudaco
Name of director: LFJ Meiring
Designation: Executive director
Date of transaction: 7 February 2022
Nature of transaction: In terms of the retention focused Hudaco share
matching scheme, based on his short-term bonus
formula, Louis Meiring was entitled to commit to
the scheme by 5 April 2022 shares up to the value
of R2 500 000. On 7 February 2022, based on the
previous trading day’s VWAP price of R149.96 per
share, he committed (off market) 16 671 Hudaco
shares to the scheme. These shares will be held in
his share matching scheme account for a period of
three years to 6 February 2025, at which date he
will have the right to require the company to
purchase Hudaco shares for his benefit in
accordance with the rules of the scheme, on
condition that he is still in the company's employ
at that date.
Value of transaction: R2 499 983.16
Nature of interest: Direct beneficial
Clearance obtained: Yes
Johannesburg
7 February 2022
Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Date: 07-02-2022 03:50:00
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.
