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Tue 30 Jul 2013, 9:15 HUDACO INDUSTRIES LIMITED - Dealing in securities by Directors and the Company Secretary
HDC 201307300014A
Dealing in securities by Directors and the Company Secretary

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


DEALING IN SECURITIES BY DIRECTORS AND THE COMPANY SECRETARY


Name of the company                 :   Hudaco

Name of director                    :   SJ Connelly

Designation                         :   Chief Executive

Number of share appreciation        :   20 000 Hudaco share appreciation rights
rights allocated and accepted

Strike price                        :   R90.80 per share

Value of transaction                :   R1 816 000

Vesting period                      :   Subject to certain performance criteria,
                                        the allocation vests 3 years from the
                                        allocation date.

Date of acceptance                  :   29 July 2013

Nature of transaction               :   Grant and acceptance of share
                                        appreciation rights in the normal course
                                        of employment (off market)

Nature of interest                  :   Direct beneficial

Written clearance to deal           :   Not applicable

Name of the company                 :   Hudaco

Name of director                    :   CV Amoils

Designation                         :   Group Financial Director

Number of share appreciation        :   27 000 Hudaco share appreciation rights
rights allocated and accepted

Strike price                        :   R90.80 per share

Value of transaction                :   R2 451 600

Vesting period                      :   Subject to certain performance criteria,
                                        1/3 of the allocation vests 3 years from
                                        the allocation date, with another 1/3
                                        vesting in year 4 and the balance in
                                        year 5.

Date of acceptance                  :   29 July 2013

Nature of transaction               :   Grant and acceptance of share
                                        appreciation rights in the normal course
                                        of employment (off market)
Nature of interest                  :   Direct beneficial

Written clearance to deal           :   Not applicable


Name of the company                 :   Hudaco

Name of director                    :   GR Dunford

Designation                         :   Director

Number of share appreciation        :   28 000 Hudaco share appreciation rights
rights allocated and accepted

Strike price                        :   R90.80 per share

Value of transaction                :   R2 542 400


Vesting period                      :   Subject to certain performance criteria,
                                        1/3 of the allocation vests 3 years from
                                        the allocation date, with another 1/3
                                        vesting in year 4 and the balance in
                                        year 5.

Date of acceptance                  :   29 July 2013

Nature of transaction               :   Grant and acceptance of share
                                        appreciation rights in the normal course
                                        of employment (off market)

Nature of interest                  :   Direct beneficial

Written clearance to deal           :   Not applicable


Name of the company                 :   Hudaco

Name of officer                     :   R Wolmarans

Designation                         :   Group Company Secretary
 
Number of share appreciation        :   4 000 Hudaco share appreciation rights
rights allocated and accepted

Strike price                        :   R90.80 per share

Value of transaction                :   R363 200

Vesting period                      :   Subject to certain performance criteria,
                                        1/3 of the allocation vests 3 years from
                                        the allocation date, with another 1/3
                                        vesting in year 4 and the balance in
                                        year 5

Date of acceptance                  :   29 July 2013

Nature of transaction               :   Grant and acceptance of share
                                        appreciation rights in the normal course
                                        of employment (off market)

Nature of interest                  :   Direct beneficial
Written clearance to deal           :   Not applicable


Edenvale
30 July 2013

Sponsor
Nedbank Capital

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