HUDACO INDUSTRIES LIMITED HUDACO INDUSTRIES LIMITED ("Hudaco" or the "Company") Incorporated in the Republic of South Africa Registration number 1985/004617/06 Share code: HDC & ISIN: ZAE000003273
DEALING IN SECURITIES BY DIRECTORS | ||
Name of company | : | Hudaco |
Name of director | : | GR Dunford |
Designation | : | Chief executive |
Number of share appreciation rights | : 122 100 Hudaco share appreciation rights | |
awarded and accepted | ||
Strike price | : R146.50 per share, based on a 10-day VWAP at the date of the award | |
Value of transaction | : | R17 887 650.00 |
Vesting period | : Subject to certain performance criteria, 40 700 rights vest 3 years from the | |
allocation date, with another 40 700 vesting in year 4 and the balance in | ||
year 5. | ||
Date of award | : | 29 July 2022 |
Date of acceptance | : | 3 August 2022 |
Nature of transaction | : Award and acceptance of share appreciation rights in the normal course of | |
employment (off market). | ||
Nature of interest | : | Direct beneficial |
Written clearance to deal | : | Yes |
Name of company | : | Hudaco |
Name of director | : | CV Amoils |
Designation | : | Group financial director |
Number of share appreciation rights | : 28 900 Hudaco share appreciation rights | |
awarded and accepted | ||
Strike price | : R146.50 per share, based on a 10-day VWAP at the date of the award | |
Value of transaction | : | R4 233 850.00 |
Vesting period | : Subject to certain performance criteria, 17 305 rights vest 3 years from the | |
allocation date and the balance a year thereafter. | ||
Date of award | : | 29 July 2022 |
Date of acceptance | : | 3 August 2022 |
Nature of transaction | : Award and acceptance of share appreciation rights in the normal course of | |
employment (off market). | ||
Nature of interest | : | Direct beneficial |
Written clearance to deal | : | Yes |
Name of company | : | Hudaco |
Name of director | : | LFJ Meiring |
Designation | : | Executive director |
Number of share appreciation rights | : 50 640 Hudaco share appreciation rights | |
awarded and accepted | ||
Strike price | : R146.50 per share, based on a 10-day VWAP at the date of the award | |
Value of transaction | : | R7 418 760.00 |
Vesting period | : Subject to certain performance criteria, 16 880 rights vest 3 years from the | |
allocation date, with another 16 880 vesting in year 4 and the balance in | ||
year 5. | ||
Date of award | : | 29 July 2022 |
Date of acceptance | : | 3 August 2022 |
Nature of transaction | : Award and acceptance of share appreciation rights in the normal course of | |
employment (off market). | ||
Nature of interest | : | Direct beneficial |
Written clearance to deal | : | Yes |
EDENVALE
4 August 2022
Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited
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Hudaco Industries Limited published this content on 04 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 August 2022 08:46:04 UTC.
