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 : SJ Connelly
Designation : Chief executive
Date of transaction : 14 February 2012
Nature of : 1. Exercise of 175 000 share appreciation
transactions rights with a strike price of R39.75 at
a VWAP price of R104.92 and settled by
the delivery of 108 699 Hudaco ordinary
shares (off market)
2. Sale of 108 699 Hudaco ordinary shares
at the current market price of R107.35
per share (on market).
These shares were acquired by
exercising the share appreciation
rights mentioned in 1 above
Value of : R11 668 837.65
transactions
Nature of interest : Direct beneficial
Clearance obtained : Yes
Johannesburg
14 February 2012
Sponsor
Nedbank Capital
Date: 14/02/2012 13:32:12 Produced by the JSE SENS Department.
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