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HUDACO INDUSTRIES LIMITED - Director dealing in securities

Release Date: 07/02/2020 10:18
Code(s): HDC     PDF:  
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Director 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

DIRECTOR DEALING IN SECURITIES

Name of the company        :     Hudaco

Name of director           :     GR Dunford

Designation                :     Chief executive

Date of transaction        :     6 February 2020

Nature of transaction      :     Acquisition of 7 932 Hudaco ordinary shares at
                                 the current market price of R110.1876 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
                                 2017 and retained to date.

Value of transaction       :     R874 008.04.

Nature of interest         :     Direct beneficial.

Clearance obtained         :     Yes


Johannesburg
7 February 2020

Sponsor: Nedbank Corporate and Investment Banking

Date: 07-02-2020 10:18:00
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