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HUG - Huge Group Limited - Board Appointment

Release Date: 09/10/2009 17:02
Code(s): HUG
Wrap Text

HUG - Huge Group Limited - Board Appointment HUGE GROUP LIMITED (Registration number 2006/023587/06) Share code: HUG & ISIN: ZAE000102042 ("Huge" or "the Group" or "the company") BOARD APPOINTMENT In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, the board of directors of Huge are pleased to announce the following appointment. With effect from 07 October 2009, Mr Michael Beamish has been appointed to the board of the Huge as a non-executive director. Mr Beamish is currently a shareholder in Praesidium Capital Management (Pty) Limited. Mr Beamish has managed the Praesidium SA Hedge Fund since 2003 and co- managed the Praesidium Structured Finance Fund since 2006. Prior to launching the Praesidium SA Hedge Fund in December 2003, Mr Beamish spent six years at the Johannesburg Office of HSBC. He has spent time with Credit Suisse Financial Products, Natwest Markets, and Liberty Life. The Board welcomes Mr Beamish and looks forward to his contribution. Woodmead, Johannesburg 09 October 2009 Designated Advisor Arcay Moela Sponsors (Proprietary) Limited Date: 09/10/2009 17:02:23 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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