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HUG - Huge Group Limited - Change in the nature of a director`s holdings

Release Date: 05/08/2011 17:15
Code(s): HUG
Wrap Text

HUG - Huge Group Limited - Change in the nature of a director`s holdings HUGE GROUP LIMITED (Registration number 2006/023587/06) Share code: HUG ISIN: ZAE000102042 ("Huge" or "the company") CHANGE IN THE NATURE OF A DIRECTOR`S HOLDINGS In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited ("JSE"), shareholders are advised that MR Beamish has transferred his holdings in the Company from his own name into his family trust as detailed below: Name of director: MR Beamish Company: Huge Group Limited Date of transaction: 04 August 2011 Number of shares: 6 284 300 Class of securities: Ordinary Shares Nature of transaction: Buy Price per share: 63 cents Nature of director`s interest: Indirect Beneficial Extent of interest: 0.63% Value of transaction: R3 973 591.43 How Traded: On Market Clearance: Yes Name of director: MR Beamish Company: Huge Group Limited Date of transaction: 04 August 2011 Number of shares: 6 284 300 Class of securities: Ordinary Shares Nature of transaction: Sale Price per share: 63 cents Nature of director`s interest: Direct Beneficial Extent of interest: 0.63% Value of transaction: R3 954 524.35 How Traded: On Market Clearance: Yes JOHANNESBURG 05 August 2011 Designated Advisor Arcay Moela Sponsors (Proprietary) Limited Date: 05/08/2011 17:15:00 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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