Sharenet Sites 
Sharenet Sites
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 : 13 March 2026
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 7 April
2026, Hudaco ordinary shares ("Hudaco shares") up to the
value of R7 065 000. On 13 March 2026, based on the
previous trading day's VWAP price of R196,31 per share,
he committed (off market)35 988 Hudaco shares to the
scheme. These shares will be held in his share matching
scheme account for a period of three years to 12 March
2029, 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 : R7 064 804.28
Nature of interest : Direct beneficial
Clearance obtained : Yes
Name of the company : Hudaco
Name of director : EJ Smith
Designation : Executive director
Date of transaction : 13 March 2026
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 7 April
2026 shares up to the value of R3 250 000. On 13 March
2026, based on the previous trading day's VWAP price of
R196,31 per share, he committed (off market)16 555
Hudaco shares to the scheme. These shares will be held
in his share matching scheme account for a period of
three years to 12 March 2029, 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 : R3 249 912.05
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 : 13 March 2026
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 7 April
2026 shares up to the value of R1 170 000. On 13 March
2026, based on the previous trading day's VWAP price of
R196,31 per share, he committed (off market)6 456
Hudaco shares to the scheme. These shares will be held
in his share matching scheme account until 28 February
2027 (his contracted 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 267 377.36
Nature of interest : Direct beneficial
Clearance obtained : Yes
Johannesburg
13 March 2026
Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Date: 13-03-2026 12:15:00
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.
