HUG
HUG
HUG - Huge - Board Restructure
HUGE GROUP LIMITED
(Registration number 2006/023587/06)
Share code: HUG & ISIN: ZAE000102042
("Huge" or "the Group")
BOARD RESTRUCTURE
In compliance with paragraph 3.59 of the Listings Requirements of the JSE
Limited, shareholders are advised that Mr Fensta Emmanuel "Chief" Lediga, the
non-executive Chairman of the Group, and Mr Julian Arie Morelis, a non-executive
director, have resigned from the board. The board wishes to thank both Messrs
Lediga and Morelis for their valuable contribution to the Group.
In conjunction with the resignation of these directors, the board is pleased to
announce the appointment of Mr Anton Potgieter, the former Chief Executive
Officer of the Group, as Executive Chairman and the appointment of Mr James
Herbst, the former Chief Financial Officer, as Chief Executive Officer of the
Group.
The restructure of the board is effective immediately.
The board has identified and is in the process of negotiating with a preferred
candidate to assume the role of Chief Financial Officer of the Group. An
announcement in this regard will be made in due course.
Woodmead
12 November 2008
Designated Advisor
Arcay Moela Sponsors (Pty) Limited
Date: 12/11/2008 12:01:18 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
