HUG - Huge Group Limited - Appointment of financial director to the board of
HUG
HUG
HUG - Huge Group Limited - Appointment of financial director to the board of
directors
HUGE GROUP LIMITED
(Registration number 2006/023587/06)
Share code: HUG ISIN: ZAE000102042
("Huge" or "the company")
APPOINTMENT OF FINANCIAL DIRECTOR TO THE BOARD OF DIRECTORS
In compliance with paragraph 3.59 of the Listings Requirements of the JSE
Limited, the board of directors of Huge are pleased to announce the following
appointment. With effect from 1 August 2011, Mr Neil Brian Wensley will be
appointed to the board of directors as executive financial director.
Neil is 48 years old. He has a B.Compt (Hons) degree and after completing
accounting articles in Durban with David Strachan & Taylor, he worked in the
financial field in textiles (with Mooi River Textiles) and for various listed
and private manufacturing groups in the engineering industry (with the Haggie
Group).
Neil has a vast experience: as a financial manager, group internal auditor,
corporate financial manager, financial director and financial executive.
He also has private company board experience through his current employer Maksal
Tubes Proprietary Limited which acquired the operations of the Maksal division
of a Haggie Group company in a 1998 management buy-out with Gold Circle Metals
and RMB Ventures Limited. Neil joined other RMB Ventures non-executive directors
on the board of Maksal, and gained further experience as a result of his
involvement in the buy-out of the RMB Ventures share of the company in a second
management buy-out that took place in 2003. Neil has been with Maksal for the
last 11 years and brings with him a "hands on" range of experience.
Woodmead
1 July 2011
Designated Advisor
Arcay Moela Sponsors (Pty) Limited
Date: 01/07/2011 16:43:01 Produced by the JSE SENS Department.
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