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Dealings in securities by an associate of a director

Published: 2025-02-10 17:30:27 ET
<<<  go to JSE:HUG company page
 HUGE GROUP LIMITED
 (Registration number 2006/023587/06)
 Share code: HUG ISIN: ZAE000102042
 (“Huge” or “the Company”)




Dealings in securities by an associate of a director


In terms of paragraphs 3.63 - 3.66 of the JSE Limited Listings Requirements, the following
information, relating to the dealings in securities, is disclosed:

  Name of director:           M Beamish
  Name of associate:          Praesidium SA en Commandite Partnership
  Date of transaction:        5 February 2025
  Class of securities:        Ordinary shares
  Number of securities:       6 518 475
  Price per security:         1.79820
  Total value:                R11 721 521.74
  Nature of transaction:      Off-market sale to close out a of contract for difference
  Nature and extent of        Praesidium Capital Management (Pty) Ltd is the
  director’s interest:        General Partner and Investment Manager of Praesidium
                              SA en Commandite Partnership. The Praesidium Family
                              Trust, of which M Beamish is a trustee and beneficiary is
                              the sole shareholder of Praesidium Capital
                              Management (Pty) Ltd
  Clearance to deal:          N/A

  Name of director:           M Beamish
  Name of associate:          Praesidium SA en Commandite Partnership
  Date of transaction:        5 February 2025
  Class of securities:        Ordinary shares
  Number of securities:       6 518 475
  Price per security:         1.80
  Total value:                R11 733 255.00
  Nature of transaction:      On market acquisition
  Nature and extent of        Praesidium Capital Management (Pty) Ltd is the
  director’s interest:        General Partner and Investment Manager of Praesidium
                              SA en Commandite Partnership. The Praesidium Family
                              Trust, of which M Beamish is a trustee and beneficiary is
                              the sole shareholder of Praesidium Capital
                              Management (Pty) Ltd
  Clearance to deal:          N/A
Johannesburg
10 February 2025

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