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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 company : Hudaco
Name of director : GE Gardiner
Designation : Executive director: Acquisitions
Date of transaction : 13 July 2011
Nature of transactions :
1
Exercise of 20 000 share appreciation
rights with a strike price of R55.50 at
a VWAP price of R81.05 and settled by
the delivery of 6 304 Hudaco ordinary
shares (off market).
2
Sale of 6 304 Hudaco ordinary shares at
the current market price of R80.85 per
share (on market).
These shares were acquired by exercising
the share appreciation rights mentioned
in 1 above.
Value of transactions : R509 678.40
Nature of interest : Direct beneficial
Clearance obtained : Yes
Johannesburg
18 July 2011
Sponsor
Nedbank Capital
Date: 18/07/2011 10:53:01 Produced by the JSE SENS Department.
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