FilingReader Intelligence

Hudaco directors awarded R22m share appreciation rights

August 1, 2025 at 09:02 PM UTCBy FilingReader AI

Hudaco Industries Limited awarded share appreciation rights to two directors totaling R22.08 million.

Chief executive GR Dunford received 82,500 rights at R182.88 per share, valued at R15.09 million. The rights vest over three to four years.

Executive director EJ Smith was awarded 38,250 rights at the same strike price, worth R6.99 million, vesting over three to five years. Both awards are performance-contingent.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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