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HUG - Huge - Amended Announcement Regarding Director Dealings In Securities

Release Date: 23/06/2009 16:06
Code(s): HUG
Wrap Text

HUG - Huge - Amended Announcement Regarding Director Dealings In Securities HUGE GROUP LIMITED (Registration number 2006/023587/06) Share code: HUG & ISIN: ZAE000102042 ("Huge" or "the company") AMENDED ANNOUNCEMENT REGARDING DIRECTOR DEALINGS IN SECURITIES Shareholders are referred to the announcements dated 5 June 2009 and 23 June 2009 respectively, with regard to the disclosure of a dealings in securities by a director. Shareholders are advised that the announcement reflected incorrect information and is as such withdrawn. In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited ("JSE"), shareholders are advised that the following transaction was undertaken: Name of director: J Herbst Date of transaction: 1 June 2009 Number of securities: 3 306 Class of securities: Single Stock Futures ("SSF") Nature of transaction: Sale (conversion of SSF`s to ordinary shares) Price per SSF: R111.00 Nature of director`s Direct beneficial interest: Extent of interest: 0.3% Value of transaction: R366 966.00 Name of director: J Herbst Date of transaction: 1 June 2009 Number of securities: 330 600 Class of securities: Ordinary shares Nature of transaction: Purchase (conversion of SSF`s to ordinary shares) Price per share: 111 cents Nature of director`s Direct beneficial interest: Extent of interest: 0.3% Value of transaction: R366 966.00 Clearance was obtained in accordance with paragraph 3.66 of the Listings Requirements of the JSE due to the close out of the SSF position. Johannesburg 23 June 2009 Sponsor: Arcay Moela (Proprietary) Ltd Date: 23/06/2009 16:06:01 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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