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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 : 18 February 2025
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 17 April
2025, Hudaco ordinary shares ("Hudaco shares") up to the
value of R6 295 700. On 18 February 2025, based on the
previous trading day's VWAP price of R200.54 per share,
he committed (off market)31 393 Hudaco shares to the
scheme. These shares will be held in his share matching
scheme account for a period of three years to
17 February 2028, 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 1 : R6 295 552.22
Nature of interest : Direct beneficial
Clearance obtained : Yes
Name of the company : Hudaco
Name of director : EJ Smith
Designation : Executive director
Date of transaction : 18 February 2025
Nature of transaction : In terms of the retention focused Hudaco share matching
scheme, based on his short-term bonus formula, Ernie
Smith was entitled to commit to the scheme by 17 April
2025 shares up to the value of R2 925 000. On 18
February 2025, based on the previous trading day's VWAP
price of R200.54 per share, he committed (off
market)14 585 Hudaco shares to the scheme. These shares
will be held in his share matching scheme account for a
period of three years to 17 February 2028, 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 924 875.90
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 : 18 February 2025
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 17 April
2025 shares up to the value of R1 144 270. On
18 February 2025, based on the previous trading day's
VWAP price of R200.54 per share, he committed (off
market)5 705 Hudaco shares to the scheme. These shares
will be held in his share matching scheme account until
28 February 2026 (his scheduled retirement date), 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 : R1 144 080.70
Nature of interest : Direct beneficial
Clearance obtained : Yes
Johannesburg
18 February 2025
Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Date: 18-02-2025 11:32:00
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