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HDC
HDC
HDC - Hudaco Industries Limited - Director`s 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`S DEALING IN SECURITIES
Name of the : Hudaco
company
Name of director : GE Gardiner
Designation : Executive director: Acquisitions
Date of : 1 February 2011
transaction
Nature of : 1
transactions Exercise of 20 000 share appreciation
rights with a strike price of R39.75 at
a VWAP price of R84.45 and settled by
the delivery of 10 586 Hudaco ordinary
shares (off market).
2
Exercise of 20 000 share appreciation
rights with a strike price of R55.50 at
a WVAP price of R84.45 and settled by
the delivery of 6 856 Hudaco ordinary
shares(off market).
3
Sale of 17 442 Hudaco ordinary shares at
the current market price of the R84.60
per share (on market).
These shares were acquired by exercising
the share appreciation rights mentioned
in 1 and 2 above.
Value of : R1 475 593.20
transactions
Nature of : Direct beneficial
interest
Clearance : Yes
obtained
Johannesburg
2 February 2011
Sponsor
Nedbank Capital
Date: 02/02/2011 15:37:01 Produced by the JSE SENS Department.
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