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HUG - Huge Group Limited - Dealings in securities

Release Date: 02/09/2008 15:28
Code(s): HUG
Wrap Text

HUG - Huge Group Limited - Dealings in securities HUGE GROUP LIMITED (formerly Vanquish Fund Managers Limited) (Registration number 2006/023587/06) Share code: HUG & ISIN: ZAE000102042 ("Huge" or "the company") DEALINGS IN SECURITIES In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited ("JSE"), shareholders are advised that various directors have sold shares and purchased Single Stock Futures ("SSF") as follows:. Name of director: V Mokholo Company: Huge Group Limited Date of transaction: 29 August 2008 Number of shares: 2 000 000 Class of securities: Ordinary Shares Nature of transaction: Sale of shares to convert to SSF Price per share: R3.49 Nature of director`s interest: Indirect, beneficial Extent of interest: 0.017% Value of transaction: R6 980 000.00 Name of director: V Mokholo Date of transaction: 29 August 2008 Number of securities: 20 000 contracts representing 2 000 000 shares Class of securities: Single stock futures Nature of transaction: Purchase Price per single stock R347.40 future: Nature of director`s interest: Direct Extent of interest: 0.017% Value of transaction : R6 948 000.00 Expiry date of contract: 18 September 2008 Name of director: J Herbst Company: Huge Group Limited Date of transaction: 29 August 2008 Number of shares: 1 000 000 Class of securities: Ordinary Shares Nature of transaction: Sale of shares to convert to SSF Price per share: R3.44 Nature of director`s interest: Indirect, beneficial Extent of interest: 0.008% Value of transaction: R3 440 000.00 Name of director: J Herbst Date of transaction: 29 August 2008 Number of securities: 10 000 contracts representing 1 000 000 shares Class of securities: Single stock futures Nature of transaction: Purchase Price per single stock R352.30 future: Nature of director`s interest: Direct Extent of interest: 0.008% Value of transaction : R3 523 000.00 Expiry date of contract: 18 September 2008 Name of director: A Potgieter Company: Huge Group Limited Date of transaction: 29 August 2008 Number of shares: 3 000 000 Class of securities: Ordinary Shares Nature of transaction: Sale of shares to convert to SSF Price per share: R3.44 Nature of director`s interest: Indirect, beneficial Extent of interest: 0.026 Value of transaction: R10 320 000.00
Name of director: A Potgieter Date of transaction: 29 August 2008 Number of securities: 30 000 contracts representing 3 000 000 shares
Class of securities: Single stock futures Nature of transaction: Purchase Price per single stock R347.40 future: Nature of director`s interest: Direct Extent of interest: 0.026 Value of transaction : R10 422 000.00 Expiry date of contract: 18 September 2008 Name of director: A Potgieter Company: Huge Group Limited Date of transaction: 29 August 2008 Number of shares: 1 000 000 Class of securities: Ordinary Shares Nature of transaction: Sale of shares to convert to SSF Price per share: R3.49 Nature of director`s interest: Indirect, beneficial Extent of interest: 0.008% Value of transaction: R3 490 000.00 Name of director: A Potgieter Date of transaction: 29 August 2008 Number of securities: 10 000 contracts representing 1 000 000 shares Class of securities: Single stock futures Nature of transaction: Purchase Price per single stock R352.30 future: Nature of director`s interest: Direct Extent of interest: 0.008% Value of transaction : R3 523 000.00 Expiry date of contract: 18 September 2008 Clearance to deal was obtained in accordance with paragraph 3.66 of the Listings Requirements of the JSE. Johannesburg 02 September 2008 Designated Advisor Arcay Moela Sponsors (Pty) Limited (Registration number: 2006/033725/07) Date: 02/09/2008 15:28:01 Supplied by www.sharenet.co.za 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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