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                    :    CV Amoils

 Designation                         :    Financial director

 Date of transactions 1 to 4         :    19 July 2024

 Nature of transactions 1 to 4       :    Exercise at a Volume Weighted Average
                                          Price of R177.84 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 R174.50
                                          per share.



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

  1                   17 270     124.91          5 140      896 930.00
  2                    3 235     125.10            959      167 345.50
  3                    1 576     102.93            663      115 693.50
  4                   28 638     149.51          4 562      796 069.00


 Date of transaction 5               :    19 July 2024

 Nature of transaction 5             :    Sale of 11 324 Hudaco ordinary shares
                                          at the current market price of R174.50
                                          per share (on market).

 Value of transaction 5              :    R1 976 038.00

 Nature of interest                  :    Direct beneficial

 Written clearance obtained          :    Yes


Edenvale
23 July 2024

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

Date: 23-07-2024 01:21:00
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