HUDACO INDUSTRIES LIMITED - Director dealing in securities
HDC 201903180006A
Director 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 DEALING IN SECURITIES
Name of the company : Hudaco
Name of director : LFJ Meiring
Designation : Executive director
Date of transaction : 14 March 2019
Nature of transaction : In terms of the retention focused Hudaco share
matching scheme, based on his short-term bonus
formula, Louis Meiring was entitled to commit
to the scheme by 8 April 2019 shares up to the
value of R2 187 500. On 14 March 2019 he
purchased 16 827 Hudaco shares at an average
market price of R129.99, the lowest market
price being R129.56 and highest market price
R130.00 (on market). These shares will be held
in his share matching scheme account for a
period of three years to 13 March 2022, at
which date he will have the right to require
the company to purchase 16 827 Hudaco shares
for his benefit, on condition that he is still
in the company's employ at that date.
Value of transaction : R2 187 374.71
Nature of interest : Direct beneficial
Clearance obtained : Yes
Johannesburg
18 March 2019
Sponsor: Nedbank Corporate and Investment Banking
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