HUGE GROUP LIMITED - Dealing in securities by a director and by an associate of a director

Dealing in securities by a director and by an associate of a director

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




Dealing in securities by a director and 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 dealing in securities, is disclosed:

Name of director:                     AP Openshaw
Class of securities:                  Ordinary shares which are the subject of a written
                                      call option
Date of transactions:                 15 June 2022
Number of shares:                     7 500 000
Exercise price per share:             R5.31
Maximum settlement amount:            R39 825 000
Call option period:                   three to five years from 1 March 2022
Option premium                        1 000 000 ordinary shares in Huge Group
Nature of the transaction:            Option agreement concluded by Mr Andrew Paul
                                      Openshaw and Pacific Breeze Trading 417
                                      Proprietary Limited (a company of a wholly-
                                      owned associate company of MA Herbst, an
                                      associate of JC Herbst), wherein Mr Andrew Paul
                                      Openshaw grants options to Pacific Breeze
                                      Trading 417 Proprietary Limited to acquire ordinary
                                      shares of the Company (off market)
Extent of interest of director:       Direct beneficial
Clearance to deal:                    Yes

Name of associate:                    MA Herbst
Name of director:                     JC Herbst
Class of securities:                  Ordinary shares which are the subject of a
                                      purchased call option
Date of transactions:                 15 June 2022
Number of shares:                     7 500 000
Exercise price per share:             R5.31
Maximum settlement amount:            R39 825 000
Call option period:                   three to five years from 1 March 2022
Option premium                        1 000 000 ordinary shares in Huge Group

Nature of the transaction:            Option agreement concluded by Mr Andrew Paul
                                      Openshaw and Pacific Breeze Trading 417
                                      Proprietary Limited (a company of a wholly-
                                      owned associate company of MA Herbst, an
                                      associate of JC Herbst), wherein Mr Andrew Paul
                                      Openshaw grants options to Pacific Breeze
                                      Trading 417 Proprietary Limited to acquire ordinary
                                      shares of the Company (off market)
Extent of interest of director:       Indirect non-beneficial
Extent of interest of associate:      Indirect beneficial
Clearance to deal:                    Yes


Johannesburg
17 June 2022

Sponsor
Questco Corporate Advisory Proprietary Limited

Date: 17-06-2022 09:45:00
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