Directors and officer dealing in securities
HUDACO INDUSTRIES LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1985/004617/06
Share Code: HDC ISIN: ZAE000003273
(“Hudaco” or “the company”)
DIRECTORS AND OFFICER DEALING IN SECURITIES
Name of the company : Hudaco
Name of director : GR Dunford
Designation : Chief executive
Date of transaction : 26 February 2019
Nature of transaction 1 : Acquisition of 21 239 Hudaco ordinary shares
at the current market price of R131.9137 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 2016
and retained to date.
Value of transaction : R2 801 715.07
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 : 26 February 2019
Nature of transaction 1 : Acquisition of 25 470 Hudaco ordinary shares
at the current market price of R131.9137 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 2016
and retained to date.
Value of transaction : R3 359 841.94
Nature of interest : Direct beneficial.
Clearance obtained : Yes
Name of the company : Hudaco
Name of officer : R van Zyl
Designation : Group secretary
Date of transaction : 26 February 2019
Nature of transaction 1 : Acquisition of 415 Hudaco ordinary shares at
the current market price of R131.96 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 officer in 2016
and retained to date.
Value of transaction 1 : R54 763.40
Nature of transaction 2 : Sale of 187 Hudaco ordinary shares at the
current market price of R131.89 per share (on
market). These shares were acquired in the
share matching transaction referred to above
and were sold to fund the tax liability
arising thereon.
Value of transaction 2 : R24 663.43
Nature of transaction 3 : In terms of the retention focused Hudaco share
matching scheme, based on her short-term bonus
formula, Reana van Zyl is entitled to commit to the
scheme by 8 April 2019 shares up to the value of R312
500. On 26 February 2019, she committed (off market)
1 122 Hudaco shares to the scheme. These shares will
be held in her share matching scheme account for a
period of three years to 25 February 2022, at which
date she will have the right to require the company
to purchase 1 122 Hudaco shares for her benefit, on
condition that she is still in the company’s employ
at that date.
Value of transaction 3 : R147 948.28
Nature of interest : Direct beneficial.
Clearance obtained : Yes
Johannesburg
28 February 2019
Sponsor
Nedbank Corporate and Investment Banking
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