HUDACO INDUSTRIES LIMITED - Dealing in securities by a director
HDC 201502160021A
Dealing in securities by a director
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 A DIRECTOR
In terms of paragraph 3.63 - 3.65 of the JSE Limited Listings
Requirements, the following information, relating to the
dealing in securities by a director is disclosed:
Chief executive officer: GR Dunford
Date of transaction: 13 February 2015
Nature of transaction: Automatic exercise on the
expiry of share appreciation
rights under the Hudaco
Industries Limited Share
Appreciation Plan at a VWAP
price of R123.26 as follows:
6 667 share appreciation
rights with a strike price of
R71.45, settled by the
delivery of 2 802 Hudaco
ordinary shares (off market).
Exercise price per share: R123.26
Deemed value of transaction: R345 374.52
Nature of interest: Direct beneficial
Written clearance obtained: Yes
Johannesburg
16 February 2015
Sponsor
Nedbank Capital
Date: 16/02/2015 11:52:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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