HUDACO INDUSTRIES LIMITED - Dealing in Securities by Director

Dealing in Securities by 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 DIRECTOR


 Name of company                     :    Hudaco

 Name of director                    :    EJ Smith

 Designation                         :    Executive director

 Date of transactions 1 to 3         :    29 July 2024

 Nature of transactions 1 to 3       :    Exercise at a Volume Weighted Average
                                          Price of R178.13 of share appreciation
                                          rights with a strike price, under the
                                          Hudaco Industries Share Appreciation
                                          Plan (off market), as set out below.

                                          Settled by the delivery of Hudaco
                                          ordinary shares, purchased by the
                                          company (on market) at price of R179.92
                                          per share.



                                                Shares
                 No of share                 purchased
                appreciation     Strike            and         Value of
  Transaction         rights      price   delivered to      transaction
  number           exercised        (R)         settle              (R)

  1                   10 836     124.91          3 237       582 401.04
  2                    7 444     117.27          2 543       457 536.56
  3                   29 167      68.37         17 972     3 233 522.24


 Date of transaction 4               :    29 July 2024

 Nature of transaction 4             :    Sale of 23 752 Hudaco ordinary shares
                                          at the current market price of R179.92
                                          per share (on market).

 Value of transaction 4              :    R4 273 459.84

 Nature of interest                  :    Direct beneficial

 Written clearance obtained          :    Yes


Edenvale
31 July 2024

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited



Date: 31-07-2024 09:35:00
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