Directors 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 DIRECTORS DEALING IN SECURITIES Name of the company: Hudaco Name of director: GR Dunford Designation: Chief executive Date of transaction: 7 February 2022 Nature of transaction: In terms of the retention focused Hudaco share matching scheme, based on his short-term bonus formula, Graham Dunford was entitled to commit to the scheme by 5 April 2022 shares up to the value of R5 130 000. On 7 February 2022, based on the previous trading day's VWAP price of R149.96 per share, he committed (off market)34 209 Hudaco shares to the scheme. These shares will be held in his share matching scheme account for a period of three years to 6 February 2025, at which date he will have the right to require the company to purchase Hudaco shares for his benefit in accordance with the rules of the scheme, on condition that he is still in the company's employ at that date. Value of transaction: R5 129 981.64 Nature of interest: Direct beneficial Clearance obtained: Yes Name of the company: Hudaco Name of director: CV Amoils Designation: Group financial director Date of transaction: 7 February 2022 Nature of transaction: In terms of the retention focused Hudaco share matching scheme, based on his short-term bonus formula, Clifford Amoils was entitled to commit to the scheme by 5 April 2022 shares up to the value of R2 562 500. On 7 February 2022, based on the previous trading day's VWAP price of R149.96 per share, he committed (off market) 17 088 Hudaco shares to the scheme. These shares will be held in his share matching scheme account for a period of three years to 6 February 2025, at which date he will have the right to require the company to purchase Hudaco shares for his benefit in accordance with the rules of the scheme, on condition that he is still in the company's employ at that date. Value of transaction: R2 562 516.48 Nature of interest: Direct beneficial Clearance obtained: Yes Name of the company: Hudaco Name of director: LFJ Meiring Designation: Executive director Date of transaction: 7 February 2022 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 5 April 2022 shares up to the value of R2 500 000. On 7 February 2022, based on the previous trading day's VWAP price of R149.96 per share, he committed (off market) 16 671 Hudaco shares to the scheme. These shares will be held in his share matching scheme account for a period of three years to 6 February 2025, at which date he will have the right to require the company to purchase Hudaco shares for his benefit in accordance with the rules of the scheme, on condition that he is still in the company's employ at that date. Value of transaction: R2 499 983.16 Nature of interest: Direct beneficial Clearance obtained: Yes Johannesburg 7 February 2022 Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited Date: 07-02-2022 03:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
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Hudaco Industries Limited published this content on 07 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 February 2022 13:59:04 UTC.