Dealings in securities by directors of a major subsidiary and an associate of a director of a major subsidiary HUGE GROUP LIMITED (Registration number 2006/023587/06) Share code: HUG ISIN: ZAE000102042 (Huge or the Company) DEALINGS IN SECURITIES BY DIRECTORS OF A MAJOR SUBSIDIARY AND AN ASSOCIATE OF A DIRECTOR OF A MAJOR SUBSIDIARY In March 2017, Huge acquired 100% of the shares in ConnectNet Broadband Wireless Proprietary Limited (subsequently re-named “Huge Connect”) (the Acquisition). Huge Connect is a major subsidiary of Huge in terms of the Listings Requirements of the JSE Limited (Listings Requirements). Pursuant to the Acquisition, the existing shareholders of Huge Connect (the Vendors) established The ConnectNet Incentive Scheme (the Scheme) and donated Huge shares to the ConnectNet Incentive Trust (the Trust) to be held for the benefit of certain identified share beneficiaries (the Share Beneficiary or Share Beneficiaries). A significant portion of the Huge shares held by the Trust will be allocated to Share Beneficiaries on a pre-determined basis on pre-determined dates (each an Allocation Date). As soon as reasonably possible after each Allocation Date, the Share Beneficiaries have the option of acquiring a vested right to the Huge shares allocated to them for no consideration. On acceptance by the Share Beneficiary of such allocation, the Huge shares will vest in the Share Beneficiary concerned. All of the trustees of the Trust are directors of Huge Connect, a major subsidiary of the Group, and in terms of the Listings Requirements, the Trust is an associate of these directors. Accordingly, as and when Huge shares vest in Share Beneficiaries, this will constitute a disposal of Huge shares by an associate of directors of a major subsidiary. Furthermore, as and when Huge shares vest in a director and/or associate of a director of Huge Connect in terms of the Scheme, this shall constitute an acquisition of Huge shares by a director of a major subsidiary. Shareholders are therefore advised that, in terms of the Scheme, 468 038 Huge shares have now been allocated to, and vested in, Share Beneficiaries. Accordingly, in compliance with paragraph 3.63 of the Listings Requirements, the following dealings by directors of a major subsidiary and/or their associates, are disclosed: Disposal by the Trust, an associate of directors of a major subsidiary: Name of associate: The ConnectNet Incentive Trust Name of the director/s and Associate of the following directors of relationship information: Huge Connect, by virtue of the fact that they constitute all of the trustees of the Trust: - E Van Heerden; - S Oberholzer; - K Sinclair; and - A Lessing. Nature of interest: Direct non-beneficial Date of transaction: 15 August 2019 Class of securities: Ordinary shares Nature of transaction: Off-market disposal Number of shares vested in 468 038 shares Share Beneficiaries in terms of the Scheme: Price per share: R0 Value per share (based on R6.17 the 5-day VWAP of a Huge share preceding 14 August 2019): Market value of transaction: R2 887 794.46 Clearance to deal obtained: Yes Dealings by directors of a major subsidiary and an associate of a director of a major subsidiary: Name of director: E Van Heerden Name of company: Huge Connect Nature of interest: Direct beneficial Date of transaction: 15 August 2019 Class of securities: Ordinary shares Nature of transaction: Off-market acquisition Number of shares vested in 38 408 shares terms of the Scheme: Price per share: R0 Value per share (based on R6.17 the 5-day VWAP of a Huge share preceding 14 August 2019): Market value of transaction: R236 977.36 Clearance to deal obtained: Yes Name of director: K Schmulian Name of company: Huge Connect Nature of interest: Direct beneficial Date of transaction: 15 August 2019 Class of securities: Ordinary shares Nature of transaction: Off-market acquisition Number of shares vested in 15 021 shares terms of the Scheme: Price per share: R0 Value per share (based on R6.17 the 5-day VWAP of a Huge share preceding 14 August 2019): Market value of transaction: R92 679.57 Clearance to deal obtained: Yes Name of director: A Lessing Name of company: Huge Connect Name of associate: CJE Lessing Relationship to director: Spouse Nature of interest: Direct beneficial Date of transaction: 15 August 2019 Class of securities: Ordinary shares Nature of transaction: Off-market acquisition Number of shares vested in 15 057 shares terms of the Scheme: Price per share: R0 Value per share (based on R6.17 the 5-day VWAP of a Huge share preceding 14 August 2019): Market value of transaction: R92 901.69 Clearance to deal obtained: n/a Johannesburg 16 August 2019 Sponsor Questco Corporate Advisory (Pty) Ltd Date: 16/08/2019 03:30:00 Produced by the JSE SENS Department. 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