HUDACO INDUSTRIES LIMITED - Officer's dealing in securities
HDC 201703010053A
Officer'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
OFFICER’S DEALING IN SECURITIES
Name of the : Hudaco
company
Name of officer : R Van Zyl
Designation : Group secretary
Date of : 28 February 2017
transaction
Nature of :
transactions
1 Exercise of 3 085 share appreciation
rights under the Hudaco Industries
Limited Share Appreciation Plan at a
VWAP price of R137.63 as follows:
- 585 share appreciation rights
with a strike price of R50.50;
- 500 share appreciation rights
with a strike price of R68.09;
- 2 000 share appreciation rights
with a strike price of R81.05.
Settled by the delivery of 1 444 Hudaco
ordinary shares (off market).
2 Sale of 1 444 Hudaco ordinary shares at
the current market price of R139.69 per
share (on market).
These shares were acquired by
exercising the share appreciation
rights mentioned in 1 above.
Value of : R201 712,36
transactions
Nature of : Direct beneficial
interest
Clearance : Yes
obtained
Johannesburg
1 March 2017
Sponsor
Nedbank Corporate and Investment Banking
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