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HUGE GROUP LIMITED - Subscription for Rights Offer shares by Directors, their Associates and the Designated Advisor

Release Date: 18/09/2014 16:40
Code(s): HUG     PDF:  
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Subscription for Rights Offer shares by Directors, their Associates and the Designated Advisor

HUGE GROUP LIMITED
(Registration number 2006/023587/06)
Share code: HUG       ISIN: ZAE000102042
(“Huge” or “the Company”)
 
SUBSCRIPTION FOR RIGHTS OFFER SHARES BY DIRECTORS, THEIR ASSOCIATES AND THE 
DESIGNATED ADVISOR


Shareholders are advised that the following Huge directors, their associates and the
Designated Advisor to Huge exercised their rights at R1.00 per share in terms of the Rights
Offer entered into by the Company, which Rights Offer closed on 5 September 2014:

Director / Associate                            Rights offer shares       Rights offer shares
                                                        entitlement       accepted and extent
                                                                                  of interest
Eagle Creek Investments 223 Proprietary                   1 718 353                 1 718 353
Limited (Associate of JC Herbst)                                                        (1.56%)
Dee-Anco Investments Proprietary Limited                    393 174                   393 174
(Associate of D Deetlefs)                                                               (0.36%)
JC Herbst                                                    33 650                    33 650
                                                                                       (0.030%)
KM Reed (Associate of AD Potgieter)                          32 540                    32 540
                                                                                       (0.029%)
Pacific Breeze Trading 417 Proprietary                    1 430 945                 1 430 945
Limited (Associate of JC Herbst)                                                        (1.30%)
Silver Meadow Trading 3 Proprietary Limited                  61 981                    61 981
(Associate of JC Herbst)                                                               (0.056%)
Walkie Talkie Trust (Associate of AD                      1 115 379                    50 000
Potgieter)                                                                             (0.045%)
Arcay Moela Sponsors Proprietary Limited                     17 797                    55 241
                                                                                        (0.05%)

As detailed in the Rights Offer circular to shareholders, it was stated that certain directors
and/or their associates intended following rights, albeit in a closed period, and thus
dispensation was obtained from the JSE for Huge directors to follow their rights. No excess
applications were applied for by directors or their associates. Arcay Moela Sponsors made
an excess application, and the total Rights Offer shares subscribed for was 55 241 Rights
Offer shares.

Johannesburg
18 September 2014

Designated Advisor
Arcay Moela Sponsors Proprietary Limited

Date: 18/09/2014 04:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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