HUG 201409090005A
Results of Rights offer
HUGE GROUP LIMITED
(Registration number 2006/023587/06)
Share code: HUG ISIN: ZAE000102042
(“Huge” or “the company”)
RESULTS OF RIGHTS OFFER
Shareholders are referred to the circular posted to
certificated and dematerialised shareholders on 19 August 2014
and 26 August 2014 respectively containing the details of the
raising of up to R20 million by way of a renounceable rights
offer.
Huge shareholders are advised that the Rights Offer closed on
Friday, 5 September 2014. A total amount of R20 million has
been raised by the Company in terms of the Rights Offer. Huge
shareholders, or their renouncees applied for a total of
28 554 109 Rights Offer Shares, including excess applications.
The Rights Offer was therefore oversubscribed by 43%.
Share certificates in respect of Certificated Shareholders who
followed their Rights and whose application for excess shares
has been successful, will be posted by Wednesday, 10 September
2014. The CSDP or broker accounts of Dematerialised
Shareholders who followed their rights and whose application
for excess shares has been successful, will be updated and
debited by Wednesday, 10 September 2014.
Johannesburg
9 September 2014
Date: 09/09/2014 08:43:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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