HDC - Hudaco Industries Limited - Director`s dealing in securities
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 company : Hudaco
Name of director : GE Gardiner
Designation : Executive director: Acquisitions
Date of transaction : 16 February 2011
Nature of transactions : 1
Exercise of 11 333 share appreciation
rights with a strike price of R71.45 at a
VWAP price of R84.67 and settled by the
delivery of 1 769 Hudaco ordinary shares
(off market).
2
Sale of 1 769 Hudaco ordinary shares at the
current market price of the R87.00 per
share (on market).
These shares were acquired by exercising
the share appreciation rights mentioned in
1 above.
Value of transactions : R153 903.00
Nature of interest : Direct beneficial
Clearance obtained : Yes
Johannesburg
18 February 2011
Sponsor
Nedbank Capital
Date: 18/02/2011 09:00:19 Produced by the JSE SENS Department.
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