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HUGE GROUP LIMITED - Cancellation of share option agreement with a past director of Huge Telecom Proprietary Limited

Release Date: 22/08/2013 16:36
Code(s): HUG     PDF:  
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Cancellation of share option agreement with a past director of Huge Telecom Proprietary Limited

HUGE GROUP LIMITED
(Registration number 2006/023587/06)
Share code: HUG     ISIN: ZAE000102042
(“Huge Group” or “the Group” or “the Company”)


CANCELLATION OF SHARE OPTION AGREEMENT WITH A PAST
DIRECTOR OF HUGE TELECOM PROPRIETARY LIMITED


Shareholders are referred to the Annual Report of the
Company for the year ended 28 February 2013, wherein
disclosure was made, inter alia, regarding certain
litigation with Mr JP Kimber. The Board of Directors is
pleased to announce that a settlement has been reached
with Mr Kimber, and all actions have been withdrawn by
both parties.

Johannesburg
22 August 2013

Designated Advisor
Arcay Moela Sponsors Proprietary Limited

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