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09-Oct-2017
(Official Notice)
02-Oct-2017
(Official Notice)
Shareholders are advised that pursuant to the resignation of Mr R M Kgosana as a non-executive director of the Company as announced on Friday 29 September 2017, Mr C H Boulle, an independent non-executive director has been appointed as the interim chairman of the Audit Committee.

29-Sep-2017
(Official Notice)
Mr R M Kgosana has advised the board of the company that he wishes to resign from his position as a non-executive director with immediate effect.



An announcement will be made next week with regard to the appointment of a Chairman of the Audit Committee.
16-Aug-2017
(Official Notice)
28-Jul-2017
(Official Notice)
Shareholders are advised that all the resolutions were passed by the requisite majority of Famous Brands shareholders present in person or represented by proxy at the Annual General Meeting ("AGM") of the Company held at 14h00 on Friday, 28 July 2017.
28-Jun-2017
(Official Notice)
Shareholders are advised that the company?s annual financial statements and integrated annual report will be available on its website at www.famousbrands.co.za from Friday 30 June 2017, and contain no modifications to the summarised audited results, published on the Stock Exchange News Service on Monday, 29 May 2017.



Shareholders are further advised that the company?s integrated annual report will be posted to shareholders today.



Notice of annual general meeting

Notice is hereby given that the annual general meeting (?AGM?) of shareholders will be held on Friday, 28 July 2017 at 14:00, at the offices of Famous Brands at 478 James Crescent, Halfway House, Midrand, Gauteng.



The board of directors of the company determined that, in terms of section 62(3)(a), as read with section 59 of the Companies Act of South Africa, the record date for the purposes of determining which shareholders of the company are entitled to participate in and vote at the annual general meeting is Friday, 21 July 2017. Accordingly, the last day to trade Famous Brands shares in order to be recorded in the Register to be entitled to vote will be Tuesday, 18 July 2017.





29-May-2017
(Official Notice)
Shareholders and interested parties are advised that the presentation made to investors on Monday 29 May 2017 relating to the company?s provisional summarised results for the year ended 28 February 2017, is available on the Famous Brands website at www.famousbrands.co.za.

29-May-2017
(C)
16-May-2017
(Official Notice)
21-Apr-2017
(Official Notice)
The board announced the appointment of Mr Kevin Hedderwick as a non-executive director of Famous Brands. Mr Hedderwick has also been appointed to the Nominations Committee of the board. The appointments are with effect from 2 May 2017.



Mr Hedderwick was Group Chief Executive of Famous Brands until February 2016 and held the position of Group Strategic Adviser to the board until February 2017. Mr Hedderwick brings to the deliberations of the board a wealth of valued experience and expertise in the markets in which Famous Brands operates.



It has further been agreed that Mr Hedderwick will assist Famous Brands on targeted strategic projects.
20-Feb-2017
(Official Notice)
Shareholders are referred to the announcement dated 11 August 2016, in terms of which it was advised that Mr Ian Isdale would assume the position of company secretary on an interim consultancy basis for 6 months with effect from 31 August 2016, after which a permanent appointment would be made.



In this regard, Mr Isdale?s appointment has been extended to 28 February 2018.



The board of directors of Famous Brands is satisfied that Mr Isdale has the required skills and experience to fulfil the role of company secretary.



12-Dec-2016
(Official Notice)
The board of directors would like to draw attention to the serious error contained in the Business Times? Rich List, published on 11 December 2016, specifically, the Big Earners? Table, in which it is stated that Famous Brands? Strategic Advisor, Kevin Hedderwick, earned a salary of R45.991 million. This figure should in fact be R4.591 million, as reflected in the Group?s annual financial statements published on 19 June 2015.



This error has caused Mr Hedderwick significant distress and embarrassment and reflects negatively on the remuneration policies and practices of the Group. Given the potentially damaging impact of this error on the Group?s reputation, the board would like to advise stakeholders that a letter has been submitted to the editor of the Business Times requesting the publication to issue an apology and correction in this regard.

24-Nov-2016
(Official Notice)
Stakeholders are referred to the announcement on 3 October 2016 advising that Famous Brands had concluded an agreement to acquire 49,9% of By Word of Mouth (Pty) Ltd. The agreement was subject to the condition that the Competition Commission approved the proposed acquisition in terms of the Competition Act. The Competition Commission has approved the transaction and accordingly the agreement is unconditional in all respects. The effective date of the acquisition is 1 December 2016.
24-Oct-2016
(C)
11-Oct-2016
(Official Notice)
Famous Brands is satisfied that a reasonable degree of certainty exists with regard to the financial results of the Company for the six months ended 31 August 2016 (?the review period?) and thus is in a position to issue this trading statement in terms of Section 3.4(b)(i) of the Listings Requirements of the JSE Ltd. (?JSE?).



The results for the review period have been impacted upon by two exceptional items:

- a R141 million derivative gain on the call option that was utilised to hedge the purchase price of the acquisition of GBK Restaurants Ltd. in the United Kingdom, of which details were published on the Stock Exchange News Service (?SENS?) of the JSE on 1 September 2016; and

- a R20 million impairment of the investment made in 2013 in UAC Restaurants Ltd. in Nigeria.



Accordingly, headline earnings per share (?HEPS?) compared to the comparative prior period are expected to increase in the range of 67% to 74%, being 403 cents per share to 419 cents per share (2015: 241 cents per share). HEPS, before exceptional items, compared to the comparative prior period are expected to increase in the range of 10% to 14%, being 264 cents per share to 275 cents per share (2015: 241 cents per share).



Basic earnings per share (?EPS?) compared to the comparative prior period are expected to increase in the range of 58% to 65%, being 383 cents per share to 399 cents per share (2015: 242 cents per share). Basic EPS, before exceptional items, compared to the comparative prior period are expected to increase in the range of 10% to 14%, being 265 cents per share to 276 cents per share (2015: 242 cents per share).



The results for the review period will be released on SENS on or about Monday, 24 October 2016.
03-Oct-2016
(Official Notice)
Famous Brands has acquired a 49.9% stake in the multi-awarded commercial catering company, By Word of Mouth (Pty) Ltd, advancing the Group?s strategy outlined in 2014 to expand the business into the broader leisure and consumer product space.



The purchase consideration falls below the threshold of a categorised transaction in terms of the Listings Requirements of the JSE Ltd. The transaction is subject to Competition Commission approval, where after all suspensive conditions will have been fulfilled.



By Word of Mouth was established in 1993 by Karen Short who identified a growing demand for high quality catering and professionally managed events. Karen?s husband, Adrian Short, joined the business in 2003. Over the past 23 years the company has built a reputation for excellence in the industry, having won numerous local and international awards. By Word of Mouth offers a portfolio of services ranging from development of unique designer food and beverage menus to comprehensive event management, including conceptualisation, equipment and d?cor hire, floral design, and staffing requirements.



The company is based in Gauteng, in Linbro Park, and also manages a 400-seater venue, The Polo Room, at the Inanda Polo Club. The business employs a staff complement of over 200.



Over the medium term, the intention is to expand the business?s existing presence in the premium corporate market, a fast-growing segment of the commercial catering category. Over the longer term, the goal is also to establish a footprint for By Word of Mouth in Cape Town and Durban.



13-Sep-2016
(Official Notice)
Shareholders are referred to the announcement dated 1 September 2016 relating to the acquisition by Famous Brands of the entire issued share capital of GBK Restaurants Ltd. (?the Acquisition"). The company has received approval from the Financial Surveillance Department of the South African Reserve Bank for the Acquisition. Shareholders are accordingly advised that the Acquisition is now unconditional and the effective date is 7 October 2016.

02-Sep-2016
(Official Notice)
Further to the announcement dated 1 September 2016 relating to the acquisition by Famous Brands of GBK Restaurants Limited, notice is hereby given as required in terms of Section 45(5) of the Companies Act that pursuant to the authority granted to the board of Famous Brands by its shareholders at the annual general meeting of shareholders held on 29 July 2016, the board of Famous Brands has adopted a resolution to continue to provide direct or indirect financial assistance (including by way of loans and guarantees)to related or inter-related entities in the ordinary course of business, as contemplated in section 45 (2) of the Companies Act.

01-Sep-2016
(Official Notice)
The board of directors of Famous Brands (?the Board?) is pleased to announce that it has concluded an agreement (?the Sale and Purchase Agreement?) to acquire the entire issued share capital of GBK Restaurants Ltd. (?Gourmet Burger Kitchen? or ?GBK?) for a total enterprise value consideration of GBP120 million (approximately ZAR2.1 billion*) (?the Purchase Consideration?), subject to the fulfilment of the condition precedent set out in paragraph 4.3 below (?the Acquisition"). Gourmet Burger Kitchen is the pioneer of the premium burger category in the United Kingdom (?UK?). *Converted at the GBP/ZAR exchange rate of 17.537, being the hedged exchange rate at which the Acquisition is expected to be concluded.



Purchase Consideration and Acquisition funding

Famous Brands will acquire the entire issued share capital of GBK for an enterprise value consideration of GBP120 million. Famous Brands intends to fund the Purchase Consideration plus transaction expenses by way of cash accumulated by Famous Brands from its business operations and, to the extent required, short term funding.



Management retention

GBK?s management team has extensive industry experience in the food and beverage market in the UK, gained with major global food brands including KFC, Pizza Hut, Pizza Express and others. The incumbent management team is key to the success of the future of the business and will be retained.



Condition precedent and effective date

The Acquisition will be subject to the approval of the Financial Surveillance Department of the South African Reserve Bank. The effective date will be the later of the second business day after the date on which this condition has been fulfilled, and 25 business days after the date of the Sale and Purchase Agreement.



Financial information

As at the signature date of the Sale and Purchase Agreement, for the prior 12 months ended 30 June 2016, GBK?s earnings before interest tax depreciation and amortisation was approximately GBP9.6 million, and its net asset value was GBP14.4 million, of which 100% is attributable to Famous Brands.



Withdrawal of cautionary

Shareholders are referred to the cautionary announcement dated 12 August 2016. Further to the information as set out in this announcement, shareholders are advised that they no longer need to exercise caution when dealing in the Company?s securities.
12-Aug-2016
(Official Notice)
Famous Brands? shareholders are advised that the group has entered into discussions regarding a potential corporate action, which, if successful, may have a material effect on the price of the group?s securities.



Accordingly, shareholders are advised to exercise caution when dealing in Famous Brands? securities until a further announcement in this regard is made.



11-Aug-2016
(Official Notice)
Shareholders are referred to the announcement dated 3 June 2016 in terms of which shareholders were advised that Ms Kelebogile (Lebo) Ntlha, Group Financial Executive and Company Secretary, would be appointed Group Financial Director with effect from 1 July 2016. The statement further advised that an announcement would be made in due course regarding the appointment of a Company Secretary to undertake Ms Ntlha?s secretarial duties.



In this regard, shareholders are advised that Ms Ntlha will resign as Company Secretary with effect from 31 August 2016. Mr Ian Isdale will assume the position on a consultancy basis for six months with effect from 31 August 2016, after which a permanent appointment will be made.
29-Jul-2016
(Official Notice)
Shareholders are advised that at the Annual General Meeting (?AGM?) of Famous Brands held at 14h00 on Friday, 29 July 2016 at 478 James Crescent, Midrand, all resolutions were passed by the requisite majority of Famous Brands shareholders present in person or represented by proxy.
15-Jul-2016
(Official Notice)
Pursuant to the announcement made by Famous Brands on 26 May 2016 in terms of which shareholders were advised of the acquisition by Famous Brands of 100% of the business of Lamberts Bay Foods (LBF), a wholly-owned subsidiary of JSE- listed Oceana Group Ltd (?the transaction?), shareholders are advised that the transaction has been approved by the Competition Commission unconditionally. The effective date of the transaction is 1 August 2016.

05-Jul-2016
(Media Comment)
According to Business Report Famous Brands is enhancing its manufacturing capability through the acquisition of a tomato paste manufacturing plant. The company said the buying of the state of the art tomato paste manufacturing plant was in line with its strategy to build supply chain capability and capacity.
04-Jul-2016
(Official Notice)
In line with the Group?s strategy to build Supply Chain capability and capacity, Famous Brands has acquired a state-of-the-art tomato paste manufacturing plant, Cape Concentrate, situated in the Coega precinct in the Eastern Cape. The practically unused facility, constructed in 2010 at a cost of R200 million, was bought out of liquidation at a significantly discounted purchase consideration, and below the threshold of a categorised transaction in terms of the Listings Requirements of the JSE. The acquisition will be funded from cash reserves.



The new company will comprise a strategic alliance partnership between local farmers, who will grow tomatoes on contract, and Famous Brands, which will be responsible for providing the customer base, as well as managing the production and route-to- market functions.



The partnership will provide much needed employment in an economically distressed area (some 35 jobs will be created in the plant itself), and deliver substantial financial benefit for the farmers who will gain an instant, robust market for their produce and the potential to develop that market over time. It is anticipated that the operation will be commissioned early in the 2017 calendar year.
28-Jun-2016
(Official Notice)
Shareholders are advised that the company?s annual financial statements are available on its website at www.famousbrands.co.za from today, 28 June 2016, and contain no modifications to the summarised audited results, published on the Stock Exchange News Service on Monday, 30 May 2016.



Shareholders are further advised that the company?s integrated annual report will be posted to shareholders today and will also be made available on its website.



Notice of annual general meeting

Notice is hereby given that the annual general meeting (?AGM?) of shareholders will be held on Friday, 29 July 2016 at 14:00, at the offices of Famous Brands at 478 James Crescent, Halfway House, Midrand, Gauteng.



The board of directors of the company determined that, in terms of section 62(3)(a), as read with section 59 of the Companies Act of South Africa, the record date for the purposes of determining which shareholders of the company are entitled to participate in and vote at the annual general meeting is Friday, 22 July 2016. Accordingly, the last day to trade Famous Brands shares in order to be recorded in the Register to be entitled to vote will be Tuesday, 19 July 2016.



Shareholders? attention is drawn to note 13 in the Notes to the form of proxy attached to the Notice of AGM, and are advised to take note that all forms of proxy are to posted to the company?s transfer secretaries, Computershare Investor Services Proprietary Limited, 70 Marshall Street, Marshalltown, 2001 (PO Box 61051, Marshalltown, 2107) and not Link Market Services as indicated in the Notice of AGM.



03-Jun-2016
(Official Notice)
The Board advised that Norman Richards, currently Group Financial Director will be appointed Group Commercial Executive and Kelebogile (Lebo) Ntlha, currently Group Financial Executive and Company Secretary, will be appointed Group Financial Director. These appointments are effective as at 1 July 2016.
01-Jun-2016
(Official Notice)
The Board of Directors advised that Thembisa Dingaan has been appointed as an independent non-executive director with effect from 1 June 2016.
30-May-2016
(C)
Revenue for the year ended 29 February 2016 jumped by 31% to R4.308 billion (2015: R3.283 billion). Operating profit before impairment loss rose by 18% to R792.1 million (2015: R672 million), profit for the year attributable to owners of Famous Brands was higher at R527.7 million (2015: R465.8 million), while headline earnings per share grew by 16% to 541 cents per share (2015: 467 cents per share).



Notice of final dividend declaration

Notice is hereby given that a final gross dividend of 215 cents per share (2015: 200 cents per share), payable out of income, has been declared in respect of the financial year ended 29 February 2016.



Prospects

South Africa will remain an attractive destination for global competitors, but having contended with international entrants for over 20 years, the Group has the determination, experience and energy to continue to flourish in this challenging environment. Management has identified a multitude of initiatives to continue building capability and capacity across the three pillars of this business, Franchising, Logistics and Manufacturing. In addition to organic growth opportunities, exciting new prospects are presented with the opening of 292 franchise restaurants in the year ahead; assimilating the new joint venture brands, PAUL, Lupa Osteria, Catch and Salsa Mexican Grill; and integrating the manufacturing operation of Lamberts Bay Foods.



In line with its acquisitive nature and in pursuit of Vision 2020, Famous Brands will continue to pursue further upstream manufacturing prospects and explore opportunities to grow the Group?s presence in the casual evening dining segment, as well as outside of the traditional food service sector. The Board is satisfied that the platform for continued growth is firmly in place, comprising an accomplished executive management team, optimally structured business model and a pipeline of opportunities to continue to meet stakeholder expectations.
26-May-2016
(Official Notice)
Famous Brands has acquired 100% of the business of Lamberts Bay Foods (LBF), a wholly-owned subsidiary of JSE-listed Oceana Group Ltd. (Oceana). The company processes French fries and other value-added potato products at its factory in Lambert?s Bay, Western Cape, for sale to wholesalers, retailers and restaurant chains. LBF is one of only three French fries manufacturers in South Africa. The business has supplied product to Famous Brands for the past 20 years and has on several occasions been recognised as a Supplier of the Year in the Group?s annual Awards competition.



Lamberts Bay Foods was established in 1995 by Oceana, as a social responsibility project to offset job losses resulting from the decline in fishing employment opportunities in the region, and has subsequently matured into a viable commercial operation. Today LBF is the single largest employer on the West Coast north of St Helena Bay, employing 305 people. In addition, approximately 2 250 jobs are created on a national scale through the LBF operation*. LBF staff who are currently beneficiaries of the Oceana Empowerment Trust will not be affected by this transaction and will continue to receive their share of the benefits.



Currently, LBF processes some 24 000 tons of potatoes per annum. Potatoes are sourced mainly from Mpumalanga, Limpopo, Free State and the Sandveld region of the Western Cape. Long-term relationships with growers close to Lambert?s Bay are one of the business?s key strategic advantages and accordingly, an ongoing development initiative.



16-May-2016
(Official Notice)
Famous Brands has acquired a 51% stake in recently launched Salsa Mexican Grill, a Fast- Casual dining concept centered on traditional Mexican food and beverages. The brand is currently represented by its maiden restaurant, opened in June 2015, in Fourways, Gauteng. Two further franchised outlets are scheduled to open during the course of 2016.



The purchase consideration falls below the threshold of a categorised transaction in terms of the Listings Requirements of the JSE Ltd. and will be settled from cash reserves. All suspensive conditions have been fulfilled and the effective date of the transaction is 1 June 2016. Salsa Mexican Grill is the brainchild of co-founders George Nicolopoulos and Symeon Yiallouris; the business is owned by the pair, George?s brother Thanasi Nicolopoulos, and two other co- partners.
25-Apr-2016
(Official Notice)
Famous Brands has acquired a 51% controlling stake in Lupa Osteria, an authentic Italian restaurant business trading in the full-service family casual dining segment. Founded in 2013, and franchised in 2014, Lupa Osteria comprises three restaurants in Kwazulu-Natal: Hillcrest, Westville and Durban North.



The purchase consideration falls below the threshold of a categorised transaction in terms of the Listings Requirements of the JSE Ltd. and will be settled from cash reserves. All suspensive conditions have been fulfilled and the effective date of the transaction is 01 May 2016.
14-Apr-2016
(Official Notice)
Shareholders are advised that Computershare Investor Services (Pty) Ltd. (?Computershare?) will replace Link Market Services (Pty) Ltd. as transfer secretary to Famous Brands with effect from 1 May 2016. A notice to this effect will be available on the Famous Brands website.
01-Dec-2015
(Official Notice)
The board advised that after sixteen years of service with Famous Brands, Group Chief Executive (CE), Kevin Hedderwick, has tendered notice of his decision to retire on 29 February 2016. The board is furthermore pleased to announce that Kevin has accepted a position as Strategic Advisor to the Group from 1 March 2016, for a 12-month period concluding in March 2017.



Kevin?s Strategic Advisory role will include mentoring the new CE and executive management team as required, pursuing and evaluating new growth opportunities for the Group, overseeing execution of new acquisitions, and managing the investor relations portfolio.



The board is delighted to announce that Darren Hele, currently Chief Executive: Food Services, will be appointed Group CE upon Kevin?s retirement.



The Group has in place a robust executive management succession programme, and accordingly, the matter of Kevin?s impending retirement and his successor has been the subject of intensive consideration over the past year.



Darren Hele joined Famous Brands in 2003. He served as Managing Director of Wimpy South Africa and later the United Kingdom. In 2011 he was appointed Chief Operating Officer: Franchising, and in 2013 assumed the position of Chief Operating Officer for the Group. With effect from 1 March 2014, Darren was promoted to Chief Executive Officer: Food Services.
17-Nov-2015
(Official Notice)
Famous Brands has signed a ground-breaking agreement with global brand, PAUL, to become their South African Licensed Partner for a ten-year period. PAUL is a family-owned French chain of bakery- caf?s established in 1889 in Croix, Northern France. Internationally, PAUL has partnered with operators across Europe, Africa, Asia, America and the Middle East, and is now represented in 41 countries.



In terms of the agreement with PAUL, Famous Brands will open five restaurants over a five-year period in three trading formats. The first flagship PAUL restaurant is scheduled to open by the end of calendar year 2016.
09-Nov-2015
(Official Notice)
Progressing the Group?s stated strategy to expand its presence in the evening casual dining environment, Famous Brands has acquired a 51% stake in contemporary Greek restaurant chain, Mythos.



The purchase consideration falls below the threshold of a categorised transaction in terms of the Listings Requirements of the JSE Ltd. and will be settled from cash reserves. All conditions precedent have been fulfilled and the effective date of the transaction is 1 November 2015.



Mythos was launched in 2006 by founder George Kutra. The original restaurant was opened, and remains, in the Design Quarter in Fourways, Sandton. Today the Mythos chain comprises six additional restaurants located in a range of high-end malls in the greater Johannesburg and Pretoria area: the flagship restaurant in Bedford Square (Bedfordview); Irene Village Mall (Pretoria); Brooklyn Design Square (Pretoria) ; Cradlestone Mall (Krugersdorp); Monte Casino (Sandton) and the recently opened Mall of the South (Johannesburg).



Kutra believes that the factors which underpin Mythos?s leadership position in the category will be invaluable in achieving the brand?s ambitious growth strategy.
23-Oct-2015
(Media Comment)
According to Business Day, Famous Brands reported an improvement in interim profit despite facing a number of challenges including subdued economic conditions and constrained consumer spending. The group pointed to subdued economic conditions in its trading markets as well as sub-optimal integration of new supply chain projects into the business. Mugg and Bean, which delivered double-digit growth in the period under review, was singled out for standout performance and excellent growth potential in South Africa and the rest of Africa, where Famous Brands has operations in 16 countries.
22-Oct-2015
(C)
31-Aug-2015
(Official Notice)
Shareholders are advised that all resolutions were passed by the requisite majority of Famous Brands shareholders present in person or represented by proxy at the AGM.
23-Jun-2015
(Official Notice)
Fambrands has acquired a 51% controlling stake in Retail Group (Pty) Ltd., Botswana (?Retail Group?), the Group?s Master License partner in Botswana, marking the commencement of a new thrust in Fambrands? strategic growth programme.



The purchase consideration falls below the threshold of a categorised transaction in terms of the Listings Requirements of the JSE Ltd. and will be settled from cash reserves. The transaction is subject to approval from the Competition Commission of Botswana.



Given the Group?s critical mass in the region, opportunities will be investigated to provide the business with in-house logistics and manufacturing services, which are currently outsourced. The operation will also benefit from Fambrands? expanding brand portfolio.



Retail Group is currently owned by a consortium of investors, with the majority stake held by Craig Mackenzie, a long-standing business partner of Fambrands and founder of Debonairs Pizza in 1991. Established in 2000, Retail Group comprises 19 company-owned restaurants and manages nine franchised restaurants across Botswana. The portfolio of brands includes Wimpy, Debonairs Pizza, Mugg - Bean, Milky Lane and Steers.



As at 28 February 2015, the contribution from Fambrands? Rest of Africa business comprised 8.9% of total system-wide franchise sales.
19-Jun-2015
(Official Notice)
Shareholders are advised that the company?s annual financial statements are available on its website at www.famousbrands.co.za from today, 19 June 2015, and contain no modifications to the summarised audited results, published on the Stock Exchange News Service on Monday, 25 May 2015.



Shareholders are further advised that the company?s integrated annual report will be posted to shareholders on or about 30 July 2015 and will be made available on its website on the same date.



Notice of annual general meeting

Notice is hereby given that the annual general meeting of shareholders will be held on Monday, 31 August 2015 at 14:00, at the offices of Famous Brands at 478 James Crescent, Halfway House, Midrand, Gauteng.



The board of directors of the company determined that, in terms of section 62(3)(a), as read with section 59 of the Companies Act of South Africa, the record date for the purposes of determining which shareholders of the company are entitled to participate in and vote at the annual general meeting is Friday, 21 August 2015. Accordingly, the last day to trade Famous Brands shares in order to be recorded in the Register to be entitled to vote will be Friday, 14 August 2015.
27-May-2015
(Official Notice)
In terms of paragraph 3.59 of the Listings Requirements of the JSE Ltd., Fambrands is delighted to advise shareholders that Mr Moses Kgosana has been appointed as an Independent non-executive director to the Board of Directors of Fambrands (?the Board?). This appointment is effective from 22nd May 2015.



Moses, a Chartered Accountant (SA), is the outgoing Chief Executive of KPMG Southern Africa as well as Chairman of KPMG Africa. He also served as a member of KPMG International Board as Lead director. Moses has 33 years of Accounting, Auditing and Advisory experience within the Public and Private Sectors. Previously, he has been the Chairman of the Policy Board and Executive Director of Consumer Markets for KPMG South Africa.
25-May-2015
(C)
Revenue for the year increased by 16% to R3.283 billion (2014: R2.826 billion). Gross profit rose by 18% to R1.451 billion (2014: R1.227 billion), operating profit was 19% higher at R672 million (2014: R565.5 million), while profit for the year attributable to owners of Fambrands jumped to R465.8 million (2014: R401.6 million). Furthermore, headline earnings per share grew by 15% to 467 cents per share (2014: 406 cents per share).



Dividend

A final gross dividend of 200 cents (2014: 170 cents) per ordinary share, payable out of income, has been declared in respect of the financial year ended 28 February 2015. This will bring the total cash dividends to 355 cents (2014: 300 cents) per share for the 2015 financial year, an increase of 18%.
16-Mar-2015
(Official Notice)
Shareholders are referred to the voluntary announcement released on the Stock Exchange News Service on 8 December 2014 in terms of which shareholders were advised that Famous Brands had acquired a controlling 75% stake in Cater Chain Food Services, a local business distributing primarily red meat products to customers across South Africa and into certain markets in Africa (?the Transaction?).



Famous Brands is pleased to advise that Competition Commission approval has been granted and accordingly the effective date of the Transaction will be 1 April 2015.
27-Feb-2015
(Official Notice)
Shareholders are advised that Mr Khumo Shuenyane has resigned as an independent non-executive director of the Famous Brands board of directors (?the Board?), and as a member of the audit committee, with effect from 26 February 2015.
09-Dec-2014
(Media Comment)
Business Day highlighted that Famous Brands' shares rose as much as 6% after saying it had acquired a majority stake in meat distributor Cater Chain Food Services. Cater Chain trades from a production facility with processing equipment and freezer and chiller capacity. Products supplied to the food services market include beef, lamb, mutton, chicken, bacon and ham. CEO Kevin Hedderwick said it had long been its stated strategy to continue to invest in bringing manufacturing in-house, replacing outsourcing.
08-Dec-2014
(Official Notice)
Famous Brands Acquires Majority Stake in Cater Chain Food Services Building Further Manufacturing Capability



Fambrands has acquired a controlling 75% stake in Cater Chain Food Services (?Cater Chain?), a local business distributing primarily red meat products to customers across South African and into certain markets in Africa.



The purchase consideration falls below the threshold of a categorised transaction in terms of the Listings Requirements of the JSE Ltd. and will be settled from cash reserves. The transaction is subject to Competition Commission approval, and pending fulfilment of this condition, the effective date will be the first day of the month following that month whereupon all of the conditions precedent have been fulfilled. Cater Chain?s senior management team will be retained, thereby facilitating a seamless integration of the business into Fambrands? operations.



Established by siblings Roy and John Tem-Tem in 2004, Cater Chain today trades from a modern 15 900m? production facility comprising latest- technology processing equipment and significant freezer and chiller capacity. The plant, which is situated in City Deep in Johannesburg, consists of separate Halaal and non-Halaal facilities. Production capacity is in the order of 900 tons per month, and products supplied to the food services market include beef, lamb, mutton, chicken, bacon and ham.

04-Dec-2014
(Official Notice)
Debonairs Pizza to Open in Angola: Famous Brands and Shoprite Team Up in an Innovative Franchise Agreement



Debonairs Pizza, which is the leading take out and home delivery pizza chain in Africa, will open its first restaurant in Angola in an innovative tie-up with Shoprite Angola, which will become the master franchisee.



Shoprite Angola will operate and manage the Debonairs Pizza brand in the country to complement Shoprite?s existing Hungry Lion brand.



The first Debonairs Pizza site will open in January 2015 in the city of Benguela, which is located about 540km from Angola?s capital, Luanda. This opening will soon be followed by six further Debonairs Pizza restaurants across Angola.



Debonairs Pizza, which recorded an increase in customer count of nearly 19% in 2013 over the previous year, comprises a network of more than 500 restaurants that have been opened since 1991. Following the Angola store opening, Debonairs Pizza will be represented in 14 countries across Africa and the Middle East.

12-Nov-2014
(Media Comment)
According to Business Report, Fambrands' pizza brand Debonairs asserted its market place by opened its 500th restaurant in Newtown, Johannesburg. Chief executive of Fambrands, Kevin Hedderwick, said this was an important milestone for the company that testifies the strength of the brand.
06-Nov-2014
(Media Comment)
Business day reports that Fambrands aims to have 400 restaurants outside of South Africa by 2016, targeting countries such as Nigeria, Ghana and Angola. Fambrand is about to open its first Debonairs Pizza in Angola. CEO Kevin Hedderwick says" Pizza is a family-sharing value-type meal. We see in SA as well as across the African landscape that more and more black consumers have a growing affinity for pizza." Fambrands plan to open about 32 new stores outside of SA in the remaining part of the year.
31-Oct-2014
(Official Notice)
Fambrands shareholders are referred to the cautionary announcements dated 19 August 2014 and 30 September 2014 and advised that the discussions referred to in these announcements have been terminated.



Accordingly, shareholders no longer need to exercise caution when dealing in their Fambrands securities.
28-Oct-2014
(Media Comment)
Business Day highlighted that high-income South Africans have given Famous Brands' upmarket chains such as tashas and Turn n Tender a boost helping them to outperform its outlets such as Wimpy and Fishaways, as lower-middle-income consumers grapple with rising living costs and debt. Famous Brands reported an 18% rise in first half profit, driven largely by its back end logistics and manufacturing businesses which generated cost savings.
28-Oct-2014
(Official Notice)
In terms of paragraph 3.59 of the Listings Requirements of the JSE Ltd., Famous Brands is delighted to advise shareholders that Mr Norman Adami has been appointed as an independent Non- executive director to the board of directors of Famous Brands ("the Board"). This appointment will be effective from 24 February 2015.



Norman, who holds a Bachelor of Business Science (Hons) from the University of Cape Town and an MBA from the University of the Witwatersrand Business School, is currently Executive Chairman of SAB Pty Ltd and Partnership Director for SABMiller?s global relationship with The Coca-Cola Company. During his extensive career with SABMiller, which commenced at SAB Pty Ltd in 1979, Norman established himself as one of the company?s most effective business leaders, particularly in turn-around or highly competitive situations.



Norman is set to retire from his position as Executive Chairman on 31 October 2014.



Norman is also a partner in Stud Game Breeders, one of the pre-eminent groups leading the emergence of South Africa?s burgeoning game breeding industry, which has made great strides in revitalising threatened animal species and in creating sustainable employment in many rural areas.



The Board welcomes Norman and looks forward to his contribution.

27-Oct-2014
(C)
Revenue increased by 14% to R1.6 billion (R1.4 billion). Gross profit rose 18% to R685.2 million (R582.5 million). Operating profit jumped 19% to R303.0 (R253.6 million). Profit attributable to owners jumped to R210.5 million (R177.5 million). Furthermore, headline earnings per share grew 18% to 212 cents per ordinary share (180 cents per ordinary share).



Notice of interim dividend declaration number 40

Notice is hereby given that an interim gross dividend of 155 cents (130 cents) per ordinary share, payable out of income, has been declared in respect of the six months ended 31 August 2014.



Prospects

Management anticipates that current trading conditions will persist for some time, and in the absence of a significant turnaround in the economy, all operating activities at the front- and back-ends of the business will be geared to capitalise on existing opportunities in the industry and across the operations. The Group's Fit 4 Purpose model has been successfully bedded down and will continue to deliver strong results. Additionally, the Product Platform Expansion strategy will start to unlock value as suitable prospects are explored within the broader leisure sector.



Despite constrained consumer discretionary income, management has high expectations for the forthcoming peak trading period. The foodservice sector will continue to grow, fuelled by the demand for convenience. Accordingly, aggressive promotional campaigns for the mainstream brands, supported by strong value and innovation propositions, will be implemented nationally and will peak over the November-December summer holidays. The Group's brands are represented at all major consumer hubs across the country and are therefore well positioned to capture any available spend. By December

2014 Fambrands' total network will have exceeded 2 500 restaurants, further increasing the brands' accessibility to customers.



As reflected in these results, the integrated Supply Chain plays a vital role in underpinning the success of the brands and profitability of the business as a whole. Ongoing improvement in efficiencies in both the Logistics and Manufacturing operations will ensure that the back-end of the business continues to grow its significant contribution to the Group's performance.
30-Sep-2014
(Official Notice)
Further to the cautionary announcement dated 19 August 2014, Famous Brands shareholders are advised that the Company is still in discussions which, if successful, may have a material effect on the price of the Company's securities.



Accordingly, shareholders are advised to continue exercising caution when dealing in Famous Brands securities until a further announcement in this regard is made.
17-Sep-2014
(Official Notice)
Fambrands announced that it has expanded its existing relationship with strategic alliance partner, Total South Africa, to introduce a new offering to the upper-end metropolitan service stations in the petroleum supplier's service station network. Famous Brands will simultaneously retain its current agreement with Total South Africa to supply the Mugg - Bean brand as the exclusive coffee offering across the petroleum business.



In accepting Total South Africa's brief to create an offering aimed specifically at the niche high-end of their network, Fambrands' challenge was to provide a retail solution which would add significant value in the competitive retail service station market in South Africa with the long term goal of elevating these sites to a leadership position in the category. Hedderwick explains that the decision to select Thrupps as their retail partner in this venture was based on the store's unique positioning as "Grocers of distinction", with a history spanning 122 years. Founded in 1892, Thrupps' offering today comprises premium- end service departments including a bakery and delicatessen serving a vast array of the best fresh local and imported foods as well as grocery items, legendary food hampers, catering services and a Home and Gift section, making it a distinctive South African grocery store for all times.



Targeted at key upper-LSM service stations, Thrupps will be positioned as a competitive alternative within metropolitan markets. Sites will be clearly branded as Thrupps, and co- branded with Mugg - Bean On The Move. Each Thrupps store will comprise value adding services including a bakery, hot food selection, pre-prepared and made-to-order cold food, salads, and fresh produce, a delicatessen range, fresh flowers, and a limited high-end grocery and commodity convenience product range.



In terms of the roll-out programme, the Group is on track to open its pilot Thrupps, Mugg - Bean model at an existing Total site in Senderwood, Bedfordview, in Gauteng at the end of October. Fambrands has appointed a dedicated internal Project Champion who will head up a specialist food retail team to manage the brand as and when it rolls out.
19-Aug-2014
(Official Notice)
Famous Brands shareholders are advised that the company has entered into discussions which, if successful, may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to exercise caution when dealing in Famous Brands securities until a further announcement in this regard is made.

05-Aug-2014
(Media Comment)
Business Report highlighted that Famous Brands's premium-end boutique cafe brand, tashas, had opened a restaurant in Dubai. This was in line with the group's plan to grow globally. The Dubai restaurant is a milestone in tashas's history. The Dubai restaurant had taken two years to reach fruition as the company was looking for a site with a balance of residential and business use.
24-Jul-2014
(Official Notice)
At the annual general meeting ("AGM") of shareholders of Famous Brands held on Thursday, 24 July 2014(in terms of the notice of AGM contained in the Famous Brands annual report issued on Tuesday, 17 June 2012), all of the resolutions, other than resolutions No.4.4 and 4.5 were passed by the requisite majority of Famous Brands shareholders. The ordinary resolutions No.4.4 and 4.5 were withdrawn post the notice of the AGM.
10-Jul-2014
(Official Notice)
Following the announcement made on 27 January 2014 regarding the resignation of Mr James Geoffrey Pyle, and in compliance with paragraph 3.59(a) of the Listings Requirements of the JSE Limited, shareholders are hereby advised that Ms Kelebogile Gina has been appointed as company secretary of Famous Brands with effect from 1st August 2014.
27-Jun-2014
(Official Notice)
Shareholders are advised that the annual financial statements were distributed on Tuesday, 17 June 2014, and contain no modifications to the audited results, published on SENS on Monday, 26 May 2014. Notice is hereby given that the annual general meeting of shareholders will be held on Thursday, 24 July 2014 at 14:00, at the offices of Famous Brands at 478 James Crescent, Halfway House, Midrand, Gauteng.



The board of directors of the Company determined that, in terms of section 62(3)(a), as read with section 59 of the Companies Act of South Africa, the record date for the purposes of determining which shareholders of the Company are entitled to participate in and vote at the annual general meeting is Friday, 11 July 2014. Accordingly, the last day to trade Famous Brands shares in order to be recorded in the Register to be entitled to vote will be Friday, 4 July 2014.

19-May-2014
(C)
05-May-2014
(Official Notice)
Famous Brands is in the process of finalising its results for the year ended 28 February 2014.



Accordingly, shareholders were advised that the group expects to report headline earnings per share (HEPS) and earnings per share (EPS) (calculated on an IFRS basis) of between 402 cents per share and 410 cents per share. This is an improvement on the prior year comparable HEPS and EPS of between 19% and 21%.



The group also expects to report diluted HEPS and diluted EPS of between 401 cents per share and 409 cents per share, an improvement of between 20% and 22%.



Publication of results

The group's results for the year ended 28 February 2014 are expected to be published on SENS on Monday, 19 May 2014.
25-Mar-2014
(Official Notice)
Fambrands has acquired a 70% stake in the Wakaberry Frozen Yoghurt Bar business, the brand leader in the frozen yoghurt category in South Africa. Established in 2011 in Durban, this first-to-market self-serve frozen yoghurt brand is the brainchild of husband and wife team Ken and Michele Fourie and their business partner, David Clark. The company currently comprises 33 franchised stores which extend across eight provinces.



The purchase consideration falls below the threshold of a categorised transaction in terms of the Listings Requirements of the JSE Ltd. and will be settled from cash reserves. The effective date of the transaction is 1 April 2014.



It is anticipated that by June 2014, the total network will comprise 40-plus restaurants, with further openings scheduled for the balance of the year.
28-Feb-2014
(Official Notice)
Shareholders are advised that Mr Hymie Reuvin Levin has retired as a non-executive director of Fambrands board of directors ("board") and various committees with effect from Thursday, 27 February 2014.



Shareholders are further advised that Mr Khumo Shuenyane, (BEcon and International Studies; CA (England and Wales)) has been appointed as a as a Non - Executive Director to the board and Mr Chris Boulle?s (B.Com, LLB, LLM) status has changed from an alternate non-executive director to non-executive director. The effective date for both these appointments is Thursday, 27 February 2014.
27-Jan-2014
(Official Notice)
Shareholders were advised that Mr James Geoffrey Pyle has resigned as company secretary to Fambrands, effective 31 July 2014. Shareholders will be advised as soon as a new appointment has been made for the role of company secretary.
11-Nov-2013
(Official Notice)
Earlier this year Fambrands embarked on a programme aimed at sustaining robust growth of the business over the forthcoming decade.



One of the more significant interventions relating to this programme has been the implementation of a business transformation project, which has already started to deliver encouraging results.



Phase 2 of this project focused on the leadership structures of the business.



In this regard, effective 1 January 2014, Chief Executive Officer Kevin Hedderwick's designation will change to that of Group Chief Executive Officer. His primary responsibility will be Group Strategy with an overarching focus on future growth of the business and unlocking further value for stakeholders.



Consequently, Darren Hele, currently Chief Operating Officer, will be appointed as Chief Executive Officer, assuming responsibility for the operational component of the business currently managed by Kevin Hedderwick.



Commencing on 1 January 2014 through to end February 2014, Kevin Hedderwick will conduct a formal handover of his current portfolio to Darren Hele thereby aligning this change of responsibilities with the commencement of the Group's F2015 fiscal year.



Both Mr Hedderwick and Mr Hele will formally assume their new roles effective 1st March 2014.
29-Oct-2013
(Media Comment)
Business Day reported that Fambrands CE Kevin Hedderwick commented that Fambrands plan to expand its Tashas brand into the UK. The restaurant franchise group bought 51% of the up-market eatery in July 2008 when the operation had two restaurants. There are currently 11 Tashas in SA. "Next year this time we'll certainly have a much firmer handle on the UK. We have an office there which we will use as the springboard to take Tashas into the UK. In the South African context, Tashas will probably settle at 15 restaurants," Mr Hedderwick said.
28-Oct-2013
(C)
24-Oct-2013
(Official Notice)
Fambrands announced the retirement of Mr Panagiotis Halamandaris as Non-executive Chairman and the appointment of Ms Santie Botha as Independent Chairman. Mr Halamandaris will assume the role of Non-executive Director. These appointments will be with immediate effect.
01-Oct-2013
(Official Notice)
Fambrands is in the process of finalising its results for the six months ended 31 August 2013.



Accordingly, shareholders are advised that the Group expects to report headline earnings per share ("HEPS") and earnings per share ("EPS") (calculated on an IFRS basis) of between 178 cents per share and 183 cents per share. This is an improvement on the prior year comparable HEPS and EPS of between 19% and 22%.



The Group expects to report diluted HEPS and diluted EPS of between 176 cents per share and 181 cents per share, an improvement of between 20% and 23%.



Publication of results

The Group's results for the six months ended 31 August 2013 are expected to be published on the Securities Exchange News Service of the JSE Ltd. on Monday, 28 October 2013.
16-Sep-2013
(Official Notice)
Famous Brands, the leading quick service and casual dining restaurant franchisor in Africa, has successfully reached an agreement with UAC of Nigeria PLC (UAC), a leading diversified conglomerate with operations in foods, paints, logistics and real estate, to acquire a 49% stake in their hitherto wholly-owned company UAC Restaurants Limited (UACR). UACR manages the Quick Service Restaurant (QSR) component of UAC?s business and houses the flagship Mr Bigg?s brand, the single largest food franchise brand in Africa, north of the South African border. The acquisition consideration has not been disclosed, and will be funded out of cash reserves. This transaction falls below the threshold of a categorised transaction in terms of the Listings Requirements of the JSE Ltd (JSE).



The deal is effective as at 01 October 2013. UACR comprises 165 franchised restaurants across Nigeria, 57 of which are in Lagos and 14 in Abuja. 45% of the company?s franchised restaurants and 40% of its revenues are concentrated in Nigeria's three key commercial centres. UACR also has a small logistics and manufacturing component.



UAC operates through the following subsidiaries:-

*Grand Cereals Limited manufactures and markets Grand Edible Oils, Vital Poultry/Fish Feeds and Grand Maize Meals.

* UAC Foods Limited, a joint venture business with Tiger Brands Limited of South Africa, offers the award winning Gala Sausage Roll, Funtime Coconut Chips, Supreme Ice Cream, Delite Fruit Juice, Swan Bottled Spring Water and drinks and baked maize snacks.

*UAC Restaurants Limited manages the network of Quick Service Restaurants across Nigeria under the market leading Mr Bigg?s brand.

* MDS Logistics Plc, a joint venture with Imperial Logistics of South Africa, is the leading integrated supply chain solutions provider in Nigeria with a number of distribution centres across Nigeria.

*UACN Property Development Company Plc (UPDC) is a foremost property development and management company quoted on the Nigerian Stock Exchange.

* CAP Plc, the Akzonobel technical licensee of Dulux, is the leading decorative paint producer in Nigeria.

*Livestock Feeds Plc is an animal feeds operations with mills in key sites across the country.

*Portland Paints and Products Nigeria PLC is a leading paint manufacturer in Nigeria with a strong brand, broad product range and nationwide distribution network.
26-Jul-2013
(Media Comment)
Business Report noted that Fambrands' Debonairs Pizza has opened its first restaurant in Mumbai, India. Executive director, Darren Hele said the outlet accommodated the typical "grab-and-go cost-conscious" Mumbai customer. Fambrands' initial plan is to open five restaurants in Mumbai. According to the company, pizza is the most popular segment of in India's fast food market and is expanding faster than China.
25-Jul-2013
(Official Notice)
Fambrands shareholders were advised that at the annual general meeting ("AGM") of shareholders (in terms of the notice of AGM contained in the Famous Brands integrated annual report issued on Friday, 28 June 2013), all of the resolutions were passed by the requisite majority of shareholders present or represented by proxy. The special resolutions will be lodged with the Companies and Intellectual Properties Commission in due course.
05-Jul-2013
(Media Comment)
Business Day reported that Fambrands has opened its first Steers outlet in Clapham, London. Group CE, Kevin Hedderwick, commented that "the timing has never been better for Steers ... the UK is looking a bit more optimistic than it has for a long time." Fambrands already had a presence in the UK through Wimpy.
28-Jun-2013
(Official Notice)
Shareholders were advised that the annual financial statements were distributed on 28 June 2013, and contain no modifications to the audited results, published on the Stock Exchange News Service of the JSE Ltd. on Monday, 27 May 2013.



Notice was given that the annual general meeting of shareholders will be held on 25 July 2013 at 14:00, at the offices of Fambrands at 478 James Crescent, Halfway House, Midrand, Gauteng.
19-Jun-2013
(Official Notice)
Fambrands has reported robust results across the Group's business - encompassing its branded franchise network, logistics, and manufacturing operations - for the quarter March to May 2013. System-wide franchise sales increased 16.8%, comprising a 16% improvement in South Africa and a 27.2% improvement in sales in the rest of Africa region. Like-on- like sales grew 9.6%, with South Africa and the rest of Africa operations delivering growth of 9.3% and 13.2% respectively. he average weighted menu price increase was 4.25% illustrating the real growth achieved.



The Group also recently announced that it would be opening its first Steers restaurant in Clapham, London, and Debonairs Pizza restaurant in Mumbai, India. Hedderwick says that while the Group?s primary focus is on the African continent, where there is a strong business case and obvious demand for their brands (such as Clapham and Mumbai), international markets will be considered.
31-May-2013
(Media Comment)
Finweek reported that Fambrands intends to open at least 25 more Turn 'n Tender steakhouses across South Africa's major metropolitan areas over the next five years, while concurrently growing its recently acquired Bread Basket at a smaller scale. Chief executive officer, Kevin Hedderwick said he was determined to make Turn 'n Tender a national brand, catering for the middle segment of the market. He added that the group is targeting Durban, Bloemfontein, Nelspruit, East London, Port Elizabeth and Cape Town for the restaurant's expansion. Furthermore, the group intends to roll out smaller Bread baskets and utilise the bakery's manufacturing facility to supply other franchises in the Fambrands stable. The group is also about to open its first Steers franchise in the UK and Debonairs Pizza in India.

28-May-2013
(Media Comment)
Business Day reported that Steers's flame-grilled burgers will make their way to the UK when parent company Fambrands opens its maiden outlet in Clapham, London in July. "We've always said we wanted to export Steers at some point. There are a lot of expats living in the UK especially in the Clapham environment," Fambrands CEO Kevin Hedderwick commented. The group operates Wimpy throughout the UK.
27-May-2013
(C)
Revenue for the period jumped 17% to R2.5 billion (R2.2 billion). Operating profit was 13% higher to R465.8 million (R412.7 million). Earnings attributable to equity holders grew 23% to R328.8 million (R266.8 million). In addition, headline earnings per share rose 22% to 339 cents per share (278 cents per share).



Declaration of ordinary dividend

Notice was given that a final gross dividend number 37 of 142 cents (120 cents) per share payable out of income has been declared in respect of the financial year ended 28 February 2013. This will bring the total cash dividends to 250 cents (200 cents) per share for the 2013 financial year, an increase of 25%.



Prospects

There is little evidence to indicate that current trading conditions will improve materially in the foreseeable future. General economic uncertainty will continue to hamper sentiment and spend, and value will remain the key watchword in our industry. Fambrands anticipates that 2014 fiscal will be another period of intense margin pressure and concerted competition.



In this environment, the group's continued growth at above-industry rates will be derived from a range of strategic initiatives aimed at getting closer to Fambrands' customers and consumers, and further optimisation of the business model to ensure that every component performs at its peak. Management is confident that the group-wide overhaul accomplished through the business transformation project will position Fambrands optimally to reach even greater heights in the forthcoming years.
13-May-2013
(Official Notice)
Fambrands is in the process of finalising its results for the year ended 28 February 2013. Accordingly, shareholders are advised that the Group expects to report headline earnings per share (HEPS) and earnings per share (EPS) (calculated on an IFRS basis) of between 336 cents per share and 342 cents per share. This is an improvement on the prior year comparable HEPS and EPS of between 21% and 23%.



The Group also expects to report diluted HEPS and diluted EPS of between 329 cents per share and 335 cents per share, an improvement of between 21% and 23%.



The Group's results for the year ended 28 February 2013 are expected to be published on SENS on Monday, 27 May 2013.
22-Apr-2013
(Official Notice)
Fambrands announced that group financial director ("group FD"), Mr Stanley Aldridge, will be retiring on 30 June 2013, and accordingly will not seek re-election at the group's annual general meeting to be held on 25 July 2013. Stanley Aldridge will be succeeded as group FD on 01 July 2013 by Mr Norman Richards.
19-Apr-2013
(Media Comment)
According to Business Report, Fambrands has acquired a 51% controlling stake in The Bread Basket, the family business bakery and delicatessen brand. The purchase price was immaterial and will be funded from Fambrands' cash reserves. The acquisition will further enhance Fambrands' aim of establishing manufacturing capabilities at the back end of the group's business.
26-Mar-2013
(Media Comment)
Business Day reported that Famous Brands has again expanded its brand portfolio and strengthened its casual dining offering, having entered into a joint venture with steakhouse group Turn 'n Tender. The group will acquire a 51% stake in the trademarks and existing franchise agreements of Turn 'n Tender, which comprises four steakhouse restaurants and a choice cuts butchery, all in the greater Johannesburg area. Management intends to achieve a national footprint of 25 restaurants over the next five years, with the group looking to introduce the brand in Cape Town, Port Elizabeth and Durban this year.
15-Mar-2013
(Media Comment)
Business Day reported that Fambrands is going to launch its Debonairs Pizza ("Debonairs") chain in Mubai, India in July 2013. Fambrands will re-engineer Debonairs to fit the Indian market with a customised menu with a strong vegetarian bias, Fambrands COO Darren Hele said the group was optimistic that the success of this venture will enable it broaden its relationship with its licence and management partner, Diwa Hospitality, to other brands in its portfolio and other markets in India. India's quick service restaurant market is anticipated to grow from USD15 billion in 2011 to USD50 billion in 2020.
20-Feb-2013
(Media Comment)
According to Finweek, Fambrands CEO, Kevin Hedderwick was instrumental in building the group into what is likely to be Africa's largest and most successful food franchising business. His passion helped turn Fambrands from a company worth R60 million in 2000 to an international business valued at more than R8 billion today. Paul Theron, CEO of Vestact, described Kevin Hedderwick as 'a solid operational guy and a true entrepreneur who was given the chance to put his mark on a business'. Mr Hedderwick said that his company hoped to expand in emerging markets such as India.
16-Jan-2013
(Official Notice)
Fambrands has reported exceptional trading results for the month of December 2012, recording highest-ever turnovers by several of its biggest brands including Steers, Debonairs Pizza, Wimpy, Mugg - Bean and FishAways. System-wide sales across the group's total brand portfolio (including South Africa and the Rest of Africa region) grew 13.2% while like-on-like sales increased 9%, up from 6.1% in December 2011. System-wide sales in South Africa alone grew 12.4% in December, while like-on-like sales rose 8.5%. In the Rest of Africa region, system-wide sales increased 25.6%, with like-on-like sales improving 15.1%.



During December, the group opened 21 restaurants in South Africa and a further 10 restaurants in the Rest of Africa region. Factoring in builders' holidays which commenced mid-month, this rate equates to two new restaurants opened per day. In South Africa restaurants were opened across the brand portfolio, while in the Rest of Africa region expansion came from the Steers, Debonairs Pizza and FishAways brands.



The robust performance delivered by the brands at the front end of the business flowed through to the group's Manufacturing and Logistics divisions at the back-end, reflected by improved sales growth of 17%.
26-Nov-2012
(Official Notice)
Fambrands has acquired the franchise agreements, trademarks and intellectual property of the Europa and Fego Caff? brands from family-owned business, Antimo Foods. The Europa and Fego Caff? network currently comprises 31 and 27 restaurants respectively. The effective date of the transaction is 01 December 2012. The acquisition consideration is not material, and will be funded via short-term debt repayable over two years.
23-Nov-2012
(Media Comment)
Business Report noted that Fambrands' contract to provide a branded restaurant and retail solution to Netcare Ltd.'s hospital caf?s could be extended to corporate caf?s. Fambrands CE Kevin Hedderwick commented that "the concept of getting into corporate business was certainly Fambrands' strategy." Fambrands does not have any planned deals with corporate giants yet but was looking at companies like Stand Bank, Nedbank and Investec, which operate corporate cafes on site for their employees.
23-Oct-2012
(Media Comment)
Business Day reported that in line with its aggressive growth plan, Famous Brands will beef up the presence of its brands over the next six months, adding 134 new restaurants. Famous Brands portfolio includes Debonairs Pizza, Wimpy and Steers, and the group's footprint comprises 2 048 restaurants across SA, southern Africa and the UK. CEO Kevin Hedderwick commented: "In SA, previously under serviced rural areas continue to offer robust expansion opportunities for the group's brands, while heightening interest from prospective franchisees continues to be experienced in the rest of Africa."
22-Oct-2012
(C)
Group revenue increased by 17% to R1.18 billion (2011: R1.01 billion) while gross profit jumped 15% to R490.78 million (2011: R428.03 million). Operating profit rose by 12% to R206.60 million (2011: R183.84 million). Profit attributable to equity holders went up to R145.32 million (2011: R119.95 million). In addition, headline earnings per share were up 20% to 150cps (2011: 125cps)



Dividend

An interim dividend No. 36 of 108 cents (2011: 80 cents) per ordinary share was declared.



Prospects

There is little to suggest that relief from prevailing trading conditions is imminent. It is anticipated that consumer spend will remain under pressure, which together with hyper-inflation in diesel and utility prices, will serve to impact negatively on the group's margins.



Notwithstanding this environment, management is optimistic that the business is well positioned to capitalise on growth opportunities as they develop. Additionally, the latter half of the calendar year incorporating the peak holiday season traditionally affords good growth for the group. Famous Brands' extensive brand network catering to consumers across the income spectrum and situated in a wide variety of destinations ensures that the offering is accessible and top of mind at all times.



Aimed at underpinning the group's ambition to be a lowest-cost producer, R10.1 million has been budgeted for capital expenditure to further enhance manufacturing capacity in the Ice-Cream plant, Sauce and Spice operation, and Meat Processing plants in Midrand and the Western Cape. The Bloemfontein distribution centre will be relocated and extensively upgraded in October 2012 and is expected to promote increased franchisee loyalty and deliver strong results in line with the newly commissioned Nelspruit depot. Furthermore, Famous Brands Coffee Company is expected to add material volume and value at the back end of the business.



Opportunities to expand the group's presence in Africa remain a key focus area. Debonairs Pizza is represented by a steadily growing footprint and roll-out of the Steers and Mugg - Bean network has been prioritised for the forthcoming period, pending access to suitable retail sites and partners. Management is confident that the 'fit-for-purpose' business model transformation which is currently being implemented across the group will provide opportunities to unlock further value for stakeholders in the forthcoming decade.
09-Oct-2012
(Official Notice)
01-Oct-2012
(Official Notice)
Fambrands is in the process of finalising its results for the six months ended 31 August 2012. Accordingly, shareholders are advised that the Group expects to report headline earnings per share (HEPS) and earnings per share (EPS) (calculated on an IFRS basis) of between 147 cents per share and 152 cents per share. This is an improvement on the prior year comparable HEPS and EPS of between 18% and 22%. On a diluted basis, the Group expects to report diluted HEPS and diluted EPS of between 143 cents per share and 148 cents per share, an improvement of between 19% and 23%.



Publication results

The Group's results for the six months ended 31 August 2012 are expected to be published on SENS on Monday, 22 October 2012.
23-Aug-2012
(Official Notice)
At the annual general meeting (''AGM'') of shareholders of Fambrands held on Thursday, 23 August 2012 (in terms of the notice of AGM contained in the Famous Brands annual report issued on Friday, 15 June 2012), all of the resolutions were passed by the requisite majority of Fambrands shareholders.
02-Aug-2012
(Official Notice)
Shareholders are referred to the announcement published on SENS on 18 June 2012 whereby shareholders were advised of the distribution of the company's annual financial statements and notice of the annual general meeting ("AGM").



Shareholders are referred to Ordinary Resolution Number 8, relating to amendments to the Steers Share Incentive Scheme (2001)and Special Resolution Number 1, relating to the adoption of a new Memorandum of Incorporation, as set out in the notice of the AGM, and are advised that the amended Steers Share Incentive Scheme (2001) and the Memorandum of Incorporation are available for inspection at the company's registered office being 478 James Crescent, Halfway House, Midrand, Gauteng, and on the company's corporate website, www.famousbrands.co.za.
26-Jun-2012
(Official Notice)
Fambrands has acquired a 60% controlling stake in Java Lava Beverage Manufacturers (Pty) Ltd. (''Java Lava''), a privately owned state-of-the-art coffee roasting and packaging business that supplies product to a range of existing food service and retail clients. Java Lava's range of packaged food service products includes filter coffee, espresso beans, hot chocolate and milk powders, including instant cappuccino products. The purchase consideration is R7.3 million, which will be settled from cash reserves. The effective date of the transaction is 1 July 2012.
18-Jun-2012
(Official Notice)
Shareholders are advised that the annual financial statements were distributed on 15 June 2012, and contain no modifications to the audited results, published on SENS on Monday, 21 May 2012. Notice was also given that the annual general meeting of shareholders will be held on 23 August 2012 at 14:00, at the offices of Famous Brands at 478 James Crescent, Halfway House, Midrand, Gauteng.
25-May-2012
(Official Notice)
Darren Hele as been appointed as an executive director and Santie Botha has been appointed as a non-executive director to the board of Fambrands.
21-May-2012
(C)
Revenue increased by 15% to R2.2 billion (R1.9 billion). Gross profit rose by 14% to R923 million (R813.2 million) and operating profit improved by 15% to R412.7 million (R358.5 million). Net attributable profit was up by 16% to R266.8 million (R230.3 million). In addition, headline earnings on a per share basis grew by 15% to 278c (242cps).



Dividend

A final gross ordinary dividend of 120cps has been declared.



Outlook

Consumer disposable income will remain pressured by escalating electricity tariffs, fuel costs and general food inflation. The bulk of consumers in payment arrears are middle-class earners, the traditional target market for food services operators. To entice them to resume previous levels of spending will demand intensified innovation, particularly should interest rates increase and economic uncertainty persist.



Despite the negative effect which these factors will have on the industry, the group's all-encompassing business model, exceptional personnel and best- in-class leisure brands position Fambrands for continued growth. In this regard, the group will undertake a range of initiatives in the period ahead aimed at unlocking further value for shareholders. This will include centralising the group's procurement function enabling Fambrands to become an even lower cost producer; extending the group's presence in market segments where it currently has no representation, including identifying new joint venture partnerships; and continuing to explore opportunities to leverage the synergies afforded by Fambrands' supply chain.
07-May-2012
(Official Notice)
Fambrands is in the process of finalising its results for the year ended 29 February 2012. Accordingly, shareholders are advised that the group expects to report headline earnings per share (HEPS) and earnings per share (EPS) (calculated on an IFRS basis) of between 276 cents per share and 281 cents per share. This is an improvement on the prior year comparable headline and earnings per share of between 14% and 16%. On a diluted basis, the group expects to report diluted HEPS and diluted EPS of between 270 cents per share and 275 cents per share, also an improvement of between 14% and 16%. The group's results for the year ended 29 February 2012 are expected to be published on SENS on Monday, 21 May 2012.
03-Nov-2011
(Media Comment)
Business Day reported that Fambrands has developed an "in-house concept" of selling pap and vleis at its new Blacksteer Home of Shisanyama restaurants. The new outlets will position the group in a head-to-head contest for market share with street vendors selling food to the lower end of the market. A pilot, franchised restaurant in Malvern, Johannesburg, had such an enthusiastic reception since its opening in the last week of October 2011, that Fambrands was now contemplating the roll-out of the new outlet across South Africa. Pap and vleis, boerewors, Russians, stews, flame-grilled and fried chicken for less than R20.00 are on the menu. The new franchise is part of Fambrands' attempt to diversify away from its traditional middle-income market focus towards the "more resilient" lower-end of the market.
02-Nov-2011
(Official Notice)
Famous Brands announced the appointment of Mr Christopher Hardy Boulle to the position of Alternate Non-Executive Director to Mr Hymie Reuvin Levin. Shareholders are advised that Mr Boulle's appointment will be with effect from 1 December 2011.
20-Oct-2011
(C)
Group revenue increased by 12% to R1 billion (R908.3 million), while operating profit improved 8% to R183.8 million (R170.1 million) reflecting the deliberate pricing strategy to stimulate consumer sales and protect franchisee margins. Net attributable profit rose to R119.9 million (R109.1 million). Headline earnings per share and basic earnings per share both increased by 9% to 125 cents (2010: 115 cents).



Dividend

An ordinary interim dividend of 80cps has been declared.



Outlook

The group's outlook for the forthcoming six months is cautious in the context of prevailing macro-economic factors. The impact of global uncertainty and the weakening local currency will undoubtedly weigh on consumer sentiment. Disposable income will remain restrained in the absence of economic recovery, and intense competition in the industry will persist.



Notwithstanding its circumspect outlook, the group is confident that opportunities for growth exist. management is enthusiastic about potential in the lower-end entry level market in which its participation to date has been restricted; expansion prospects in Africa; and opportunities to further expand its manufacturing capability as part of the group's backward integration business model.



Fambrands has traditionally experienced stronger second half trading. This eventuality will be determined by the success of the December holiday period; however management is optimistic that the group will benefit from its robust marketing and promotion campaigns, high profile brands, and long-standing strategy to ensure widespread restaurant presence at national airports, transient sites on all major motorways, and prime coastal resorts and shopping malls. The board is satisfied that the group's best-in-class brand portfolio, strong management team and cash generative nature position it well for improvements in the economy.
13-Oct-2011
(Media Comment)
Business Report noted that Fambrands opened its 2 000th store on Wednesday, 12 October 2011. The store was a Wimpy in Durban North. CE Kevin Hedderwick commented that the group will keep the momentum going with the opening of about 120 stores per year.
21-Jul-2011
(Media Comment)
According to Business Report, Fambrands is investigating opportunities in Nigeria. The group will also look at Zimbabwe and Mauritius if it continues to expand in Africa. Fambrands has three Debonairs Pizza outlets in Nigeria which CE Kevin Hedderwick said were performing well due to the economic recovery. Hedderwick believes that Steers and Giramundos could also do well in Nigeria.
11-Jul-2011
(Media Comment)
According to Business report, Giramundo, a small fast-food chicken business in which Famous brands bought a share last year, is being groomed as a serious contender to Nando's, but the group, which is better known for its Wimpy, Steers and Debonairs brands, intends to gradually grow this brand. When Giramundo was acquired in August last year, it had an outlet in Bramley, Johannesburg, and three operating out of containers in Alexandra, Tembisa and Soweto. Buti van der Merwe, who started the business in 2007 with his wife Maki, had pestered Famous Brands chief executive Kevin Hedderwick for a year to visit his operation.
29-Jun-2011
(Official Notice)
At the annual general meeting of shareholders of Famous Brands held on Wednesday, 29 June 2011 (in terms of the notice of annual general meeting contained in the Famous Brands annual report issued on Friday, 27 May 2011), all of the resolutions were passed by the requisite majority of Famous Brands shareholders except for ordinary resolution 7: general authority to issue shares for cash, which was withdrawn at the meeting.

27-May-2011
(Official Notice)
Shareholders are advised that the annual financial statements were distributed on 27 May 2011, to shareholders recorded in the share register on 29 April 2011, and contain no modifications to the audited results, published on the Securities Exchange News Service of the JSE Limited on Monday, 23 May 2011. Notice is hereby given that the annual general meeting of shareholders will be held on 29 June 2011 at 14:00, at the offices of Famous Brands at 478 James Crescent, Halfway House, Midrand, Gauteng.
24-May-2011
(Media Comment)
Business Day reported that Fambrands says it will "make a strong push in Nigeria in the coming months - especially with the Debonairs pizza brand". "Opportunity awaits in Africa. We will also look at taking the Keg and Mugg - Bean brands to urban places such as Lagos and Abuja," CEO Kevin Hedderwick commented. The company, which makes its money from supplying and distributing products to its franchised stores including Steers, Wimpy and Mugg - Bean, said it would invest in stores in Mauritius and Zimbabwe. It also plans to open its first pilot Steers in the UK.
23-May-2011
(C)
Group revenue increased by 11% to R1.9 billion from R1.7 billion. Operating profit improved 16% to R358 million (R308 million), while the operating margin grew to 19.1% from 18.3% in the prior year. Profit attributable to: equity holders jumped 20% to R230.3 million (R191.4 million). In addition, headline earnings per share grew by 17% to 242c (206cps).



Dividend

A final dividend of 85cps has been declared.



Outlook

Management expects trading conditions to remain difficult in the year ahead. Economic recovery will be muted and consumer spend will remain under pressure due to factors including electricity tariff hikes, increased fuel costs and the proposed toll road levies. Red meat prices have also risen steeply during the early part of the year, driving up food inflation. In this environment and without the benefit of World Cup sales, the group believes that it will be difficult to achieve the same levels of growth delivered in the review period. New store expansion will continue to be managed cautiously, with a planned roll- out of a further 176 stores across the group's network in the year ahead. Acquisitive growth was the overriding feature of 2011. In contrast, the 2012 fiscal year will be focused on consolidation. The group's immediate priorities are to ensure that all recent acquisitions are firmly bedded down and wherever possible integrated into the group's supply chain.
09-May-2011
(Official Notice)
Fambrands results for the year ended 28 February 2011 will be released on SENS on 23 May 2011. The group expects that headline earnings per share (HEPS), diluted HEPS, earnings per share (EPS) and diluted EPS (calculated on an IFRS basis) for the year ended 28 February 2011 are likely to be 16% to 20% higher than the comparable numbers in the 2010 financial year.
21-Feb-2011
(Official Notice)
Fambrands has acquired the franchise agreements, trademarks and intellectual property of Milky Lane and Juicy Lucy from Java Brands for R30.95 million. The acquisition will be funded through a combination of existing cash reserves and short-term debt, and will be earnings enhancing. The transaction is subject to successful fulfilment of conditions precedent and is effective 1 March 2011.
24-Jan-2011
(Official Notice)
Famous Brands has reported strong sales over the December holiday season, countering concerns that performance would be restrained following on from exceptional turnovers achieved during the World Cup period. System wide retail sales (including new restaurants) increased 13.3% on the prior comparative period, while like-on-like sales grew 7.8% across the franchise network.
10 Dec 2010 08:50:46
(Media Comment)
Business Report noted that Fambrands has consolidated its foothold in Mauritius following the signing of a master licence agreement with Gaetan Ning, Ning aims to double his existing store network from seven to 14 outlets in the short-term, with a full roll-out to 20 stores in the medium term.
30 Nov 2010 07:50:14
(Official Notice)
Fambrands has acquired the franchise agreements, trademarks and intellectual property of the O'Hagan's Irish Pub and Grill brand from O'Hagan's Franchising (Pty) Ltd for an undisclosed sum. The purchase consideration is less than 0.5% of Fambrands' market capitalisation. The acquisition will be funded through existing cash reserves, and will be earnings enhancing. Assuming successful conclusion of the due diligence exercise, the effective date of the transaction is 1 December 2010. Also key to this acquisition are the synergies and benefits to be extracted from integrating O'Hagan's into the group's comprehensive business model.
26 Oct 2010 09:31:56
(Media Comment)
Business Day reported that Famous Brands, which three years ago bought a controlling stake in the UK's Wimpy burger chain, plans to expand further into that market with the introduction of Steers and Debonairs Pizza. Even though UK consumers are struggling and the country faces a further 500 000 public sector job cuts, there is space for the new South African chains according to CEO Kevin Hedderwick. In the six months to August, Wimpy UK's operating profit slid to R4.2 million from R7.1 million as sales fell 27% to R56.5 million.
25 Oct 2010 07:36:50
(C)
In the six months under review, the group's revenue increased 12% to R908.3 million (2009: R811.4 million), while operating profit grew 22% to R170.1 million (2009: R139.8 million). Net attributable profit improved to R109.1 million (2009: R87.6 million). Headline earnings per share and basic earnings per share both rose 24% to 115 cents per share (2009: 93 cents).



Dividend

An ordinary interim dividend of 70cps has been declared.



Outlook

The group's traditionally strong December trading period should assist in boosting sales in the forthcoming six months, although the second half of the year is expected to be less robust than the first half, which enjoyed the exceptional benefit of World Cup trading. With only nominal menu price increases planned in the period ahead, tight cost control and innovative product development and marketing will be demanded. Fambrands' immediate challenge will be to consolidate its recent acquisitions. This includes the aggressive launch of Giramundo and full integration of the Keg and Vovo Telo businesses.



Management is satisfied that the group will continue to unlock value for shareholders over the long term. The healthy balance sheet and strong cash generating ability of the business position it well for further improvements and acquisitions if suitable opportunities are presented. The excellent management team, growing portfolio of best in class brands and the group's solid business model affords strong growth potential. Management's priority will be to leverage those strategic advantages in the interests of all stakeholders.
07 Oct 2010 08:25:44
(Media Comment)
Business Report indicated that the world cup helped lift earnings for Famous Brands in the six months to August and the company's aggressive expansion plan will stand it in good stead for the full year. Earlier this year, the company said the intensive world cup planning led to a sales boom that equated to 83 percent of its December turnover - typically regarded as the company's peak trading month.



Chief executive Kevin Hederwick would not disclose any figures but indicated that he was extremely pleased with his team's performance. In the past two months, Famous Brands accelerated its aggressive expansion strategy with the acquisition of the two pub brands, as well as flame-grilled chicken offering Giramundo and Vovo Telo bakeries. It is believed that Famous Brands will expand into townships with pub brands.
06 Oct 2010 08:12:05
(Official Notice)
Fambrands group's results for the six months ended 31 August 2010 will be released on SENS on 25 October 2010. The group expects that headline earnings per share (HEPS), diluted HEPS, earnings per share (EPS) and diluted EPS (calculated on an IFRS basis) for the six months ended 31 August 2010 are likely to be between 109 cents per share and 116 cents per share, 20% and 25% higher than the comparable period in 2009.
28 Sep 2010 08:32:32
(Official Notice)
Fambrands has acquired a 51% controlling interest in Vovo Telo artisan bakery and cafe, a young business comprising three outlets, situated in Richmond Hill and Newton Park in Port Elizabeth, and at 44 Stanley, in Johannesburg. The brand will be housed in the group's "theatre of foods" division developed to accommodate privately owned non mainstream food service businesses which the group acquires in joint venture arrangements. The acquisition consideration is not material and the transaction is effective 1 October 2010.
10 Aug 2010 07:47:59
(Official Notice)
Famous Brands has acquired the franchise agreements, trademarks and intellectual property of the Keg and McGinty's brands for a purchase consideration of R27 million. The acquisition will be funded through existing cash resources, marginally increasing the ratio of net borrowings to equity to 32% from the 28% reported at February 2010. Keg is a franchised pub and restaurant brand, while McGinty's is a franchised pub brand. There are currently 28 Keg and 5 McGinty's franchised outlets in South Africa, Zimbabwe and Mauritius. The transaction is subject to a due diligence exercise. Assuming successful fulfillment of this suspensive condition, the effective date of the acquisition is 01 September 2010. In the group's annual report published in May 2010, Famous Brands stated that the company had evolved its strategic intent, thereby expanding its previous narrow focus on Quick Service Restaurants (QSR) and Casual Dining, to include the broader leisure category, while remaining true to its core competency of food service.



02 Aug 2010 07:48:01
(Official Notice)
After an exhaustive decade-long search, Famous Brands has finally secured its entry into the mainstream chicken category, with the acquisition of a peri peri flame grilled chicken offering, 'Giramundo', Portuguese for 'around the world'. The transaction has an effective date of 1 August 2010. The Giramundo business, which was started by husband and wife team, Buti and Maki Van der Merwe in Alexandra in 2007, currently comprises a retail outlet situated in Bramley, three container outlets in Alexandra, Thembisa and Soweto, and a production facility also situated in Bramley. The business currently employs around 40 people. The operation produces a range of chicken on the bone and boneless options, including chicken burgers and chicken livers, prepared with Giramundo's unique peri peri sauce. In terms of the agreement, Famous Brands will acquire a 51% controlling stake in the newly constituted business. Partner Buti Van der Merwe will be retained as a consultant to collaborate on refining and improving the intellectual property that he has developed since launching the brand. The Group will also take on the manufacturing and distribution operations currently conducted at Giramundo's Bramley facility.



From the outset, Giramundo will have full access to Famous Brands' comprehensive business model which includes franchising expertise, manufacturing, distribution and logistics infrastructure, new business development assistance and an immediate route to market. Critical to the growth of the business is Famous Brands` renowned brand-building expertise. "Effectively we have a brilliant product in terms of flavour and ingredients, and the upside we will add is to repackage the brand so it is suited to the Quick Service Restaurant franchise model," comments Hedderwick. He notes that the group has already identified sites and franchisees for two new outlets in Kokstad and Nelspruit, which should commence trading by November 2010. Significantly, in addition to the potential presented by a network of new Giramundo stores, is the opportunity to roll out this brand to the group's existing 1500 South African franchisees as well as its petroleum partners. The business model will be based on stand-alone restaurants, and where existing franchisees might have excess retail floor space, a "clip-on" trading format can be installed.
19 Jul 2010 08:09:38
(Official Notice)
Famous Brands' intensive World Cup project planning, which started in mid-2009, has paid off handsomely. System-wide sales across the group's South African restaurant network grew 24% for the month of June compared with the prior year. This increase equates to 83% of turnover delivered in December 2009 - with December typically regarded as the group's peak trading month.



While Famous Brands' restaurants benefited from strategic sites, the group's marketing campaigns were also designed to raise the profile of brand usage during World Cup festivities. Debonairs Pizza launched its "Watch soccer, eat Pizza" campaign aimed at local fans making use of the home delivery option and enjoying the games from their homes. The brand's national sales increased 25% compared with June 2009. Wimpy's "Impi" breakfast campaign achieved cult status when its television advert became a viral marketing sensation on a number of social networking sites. Sales grew 22% for the month of June. Despite competing with an official global sponsor, the group's mother brand, Steers, delivered sales growth of 23%, while Mugg - Bean and tashas grew revenue by 27% and 75% respectively. The group expects the second half of July to be quiet - similar to the traditional post-December holiday period. Given the anticipated drop in foot traffic, the group notes that Steers, Wimpy and Debonairs Pizza will all be launching aggressive marketing campaigns using menu innovation and attractive pricing in order to drive feet into restaurants post-World Cup.
28 Jun 2010 15:53:27
(Official Notice)
Shareholders are advised that Mr. James Geoffrey Pyle has been appointed as the company secretary of Famous Brands, with effect from 12 March 2010.
25 Jun 2010 09:25:51
(Official Notice)
At the annual general meeting of shareholders of Famous Brands held on Thursday, 24 June 2010 (in terms of the notice of annual general meeting contained in the Famous Brands annual report issued on Monday, 31 May 2010), all of the resolutions were passed by the requisite majority of Famous Brands shareholders except for ordinary resolution 7: general authority to issue shares for cash, which was withdrawn at the meeting.
31 May 2010 16:30:02
(Official Notice)
Shareholders are advised that the annual financial statements were distributed on 31 May 2010, and contain no modifications to the audited results, published on SENS on Tuesday, 11 May 2010. Notice was also given that the annual general meeting of shareholders will be held on 24 June 2010 at 14:00, at the offices of Famous Brands at 478 James Crescent, Halfway House, Midrand, Gauteng.
11 May 2010 08:58:07
(C)
Revenue increased by 8% from R1.5 billion to R1.7 billion in 2010.Gross profit increased to R712.9 million (2009:R631.0 million) and operating profit increased to R305.2 million (2009:R261.9 million). Profit attributable to ordinary shareholders increased to R191.4 million (R150.3 million). Headline earnings on a per share basis increased to 206cps (159cps).



Dividends per share

A final result of 64cps was declared for the period under review.



Prospects

Market conditions as well as consumer spend are expected to remain under pressure in the short to medium term. With Famous brands' strong presence at all national airports, transient motorway sites, shopping centres and coastal resorts, the group is well positioned to benefit from the upside of any volumes which might accrue from the 2010 FIFA World Cup. A wide range of strategies have been put in place to ensure that the group leverages off this huge event. The group, with its sound business model, excellent management team, strong cash flows and growing portfolio of best-in-class brands, is poised for future growth and to benefit from any short term recovery in the economy.
15 Apr 2010 13:02:42
(Official Notice)
The group expects that headline earnings per share (HEPS), diluted HEPS and earnings per share (EPS) (calculated on an IFRS basis) for the year ended 28 February 2010, are likely to be between 199 cents per share and 207 cents per share, 25% and 30% higher than the comparable period in 2009.
14 Dec 2009 08:31:15
(Media Comment)
Business Report highlighted Famous Brands uncertainty for the festive season. The JSE- listed fast food group has recently been finding the fast food market unpredictable. Famous Brands chief executive, Kevin Hedderwick, commented on the uncertainty regarding consumer's fast-food eating habits. According to Hedderwick, consumers are likely to be more frugal with their disposable income.



In light of these expectations, Hedderwick added that the group would focus on promotions centred around families this summer. The group has 1723 restaurants, including other African countries and the UK, situated in transient routes like airports, shopping malls and near the coast, which present opportunities to capitalise on consumers wanting to break the emerging cautious spending trend.
26 Oct 2009 09:16:14
(C)
Revenue increased by 14% to R811.4 million (R714.8 million). Operating profit rose by 13% to R139.8 million (R123.9 million). Net attributable profit increased to R87.6 million (R75.3 million). In addition, headline earnings jumped by 16% to 93cps (80cps).



Dividend

An interim ordinary dividend of 50cps has been declared.



Outlook

Whilst the group usually experiences a better second half, management expects the current difficult trading conditions to continue during the period ahead. Fambrands remains confident though that the company's best in class brand portfolio will continue to serve the group well and that Fambrands is well positioned to capitalise on any upward trend which may emerge during the months ahead and in particular during the holiday season through strong representation at transient sites, coastal resorts and major shopping centres. The Fambrands business model remains a compelling strategic advantage, especially the group's unique backward integration model.
07 Aug 2009 09:37:26
(Media Comment)
According to Finweek, Fambrands should possibly do a deal with Spur Corporation Ltd ("Spur"). This comes after some observers have questioned the company's decision to buy Mugg - Bean since there appears to be little impact on Fambrands' pro forma numbers. Nevertheless, earnings could be boosted in the years ahead from new Mugg - Bean outlets.



As regards to Spur, Fambrands is twice its size and has been much more successful with its diversification strategy. A merger would create a food franchising empire in southern Africa and Spur would enhance Fambrands' trading margins, cash flow and brand portfolio.
27 Jul 2009 09:54:51
(Official Notice)
Further to the cautionary announcement that was released on the Securities Exchange News Service of the JSE Ltd on 9 June 2009 and published in the South African press on 10 June 2009, it is announced that Famous Brands has reached an agreement, subject to the conditions precedent set out in paragraph 3 below, in terms of which Famous Brands will acquire the shares in the companies housing the South African and African business of Mugg - Bean



Rationale for the acquisition

The acquisition supports Famous Brands' focus on the growth and development of its best-in-class food service franchise brands. Mugg - Bean is a unique fast casual coffee themed concept and a leader in this category, therefore ideally suited to complement Famous Brands' brand portfolio. The acquisition will also reinforce Famous Brands' position as a leading Quick Service and Casual Dining Restaurant franchisor.



Purchase consideration

Famous Brands will, subject to the conditions precedent set out in paragraph 3 below, acquire Mugg - Bean, for a cash consideration of R104 million. The effective date of the acquisition will be 1 September 2009.



CONDITIONS PRECEDENT

The implementation of the acquisition is subject to the fulfilment of, inter alia, the following conditions precedent:

*The satisfactory conclusion of a due diligence by Famous Brands within 20 business days.

*Approval by the Board of Directors of Famous Brands.

*The procurement, within 30 days of the conclusion of a due diligence, of the necessary funding by Famous Brands.



Withdrawal of Cautionary Announcements

Famous Brands shareholders are advised that the cautionary announcement referred to in the first paragraph of this announcement is hereby withdrawn and caution is no longer required to be exercised by Famous Brands shareholders when dealing in Famous Brands' securities.
25 Jun 2009 16:02:20
(Official Notice)
At the annual general meeting of shareholders of Fambrands held on Thursday, 25 June 2009, all of the resolutions were passed by the requisite majority of Fambrands shareholders.
09 Jun 2009 08:09:59
(Official Notice)
Famous Brands shareholders are advised that the company has entered into negotiations, which if successfully concluded, may have an effect on the price of Famous Brands shares. Famous Brands shareholders are advised to exercise caution when dealing in their Famous Brands shares until a full announcement is made.
29 May 2009 09:04:55
(Official Notice)
Shareholders are advised that the annual financial statements were distributed on Friday, 29 May 2009, and contain no modifications to the audited results, published on the Securities Exchange News Service of the JSE Ltd on Wednesday, 20 May 2009. Notice is hereby given that the annual general meeting of shareholders will be held on Thursday, 25 June 2009 at 14:00, at the offices of Famous Brands at 478 James Crescent, Halfway House, Midrand, Gauteng.
20 May 2009 08:59:17
(C)
Revenue increased from R1 190 million to R1 549 million in 2009. Profit attributable to ordinary shareholders increased to R147 903 million (R131 081 million). Headline earnings on a per share basis increased to 159cps (144cps).



Dividends per share

A final dividend of 40cps was declared for the period under review.



Prospects

Economic conditions are not expected to improve in the year ahead. All indications are that consumer spending will remain under pressure as a result of local and global economic conditions. In South Africa, some respite will come from further interest rate cuts, although households are likely to use any additional discretionary income to pay down debt. Our brands and business remain well positioned for further growth and in the new financial year, the focus will be on extracting maximum value from our existing businesses and making productivity and efficiency gains across the entire group.
30 Oct 2008 10:00:43
(Official Notice)
Mr Stanley John Aldridge has been appointed as the group financial director and company secretary of Fambrands, with effect from 1 November 2008.
27 Oct 2008 08:26:36
(C)
In the six months under review, group revenue of R714.8 million (R571 million), was up by 25%. Operating profit rose by 13% to R123.9 million (R109.4 million) and net attributable income increased to R75.3 million (R68.7 million). Headline earnings per share grew by 10% to 80cps (73cps).



Dividends

An ordinary interim dividend of 36cps has been declared.



Prospects

Whilst the group usually experiences a better second half, the current economic environment coupled with a reduction in disposable consumer spending will continue to make for tough trading conditions. In light of the current environment, the group has embarked on a robust cost- cutting programme, the benefits of which will flow through to the results in the next six months. An aggressive redirection of marketing and advertising spend in favour of value for money promotions and innovation has been implemented to secure and grow market share across the group's brand portfolio. The group's restaurant opening programme will continue with 79 openings planned for the next six months as well as the revamp of 56 existing restaurants. The group's business model remains sound and resilient, representative of a strong brand portfolio, being underpinned by a unique backward integration model and excellent management. Management is confident that the group will weather the current economic storm and expects earnings growth to be maintained at the current level.
30 Sep 2008 09:00:45
(Official Notice)
Further to the cautionary announcements dated 11 August 2008 and 23 September 2008, Famous Brands shareholders are advised that the negotiations referred to therein have been suspended. Accordingly, caution is no longer required to be exercised by Famous Brands shareholders when dealing in their Famous Brands shares.
23 Sep 2008 12:19:53
(Official Notice)
Further to the cautionary announcement announced on SENS on 11 August 2008 and published in the newspapers on 12 August 2008, Famous Brands shareholders are advised that the company is still involved in negotiations, which if successfully concluded may have a material effect on the price of Famous Brands shares. Accordingly, Famous Brands shareholders are advised to continue exercising caution when dealing in their Famous Brands shares until a full announcement is made.
12 Sep 2008 09:23:00
(Official Notice)
Mr Tom Pritchard has resigned as the Financial Director and company secretary of Famous Brands, with immediate effect.
11 Aug 2008 15:57:31
(Official Notice)
Fambrands has entered into negotiations, which if successfully concluded may have a material effect on the price of Fambrands' shares. Accordingly, shareholders are advised to exercise caution when dealing in their shares until a full announcement is made.
10 Jul 2008 09:20:56
(Media Comment)
The Financial Mail reported that Fambrands would like to apply the approach that it has used to acquire a 51% stake in Tasha's to future ventures. The group has kept the founders on, and did not go for 100% ownership as it usually does. COO Kevin Hedderwick said the company would like to extend the Tasha model of 51%-49% ownership to other entrepreneurs who want to grow their businesses but lack capital. The only gap that remains in Fambrands' portfolio is still chicken, but Hedderwick said the group cannot afford to ignore chicken for much longer as the sector is growing rapidly.
25 Jun 2008 17:41:18
(Official Notice)
At the annual general meeting of shareholders of Fambrands held on Wednesday, 25 June 2008 all of the resolutions were passed by the requisite majority of Fambrands shareholders.
02 Jun 2008 11:46:53
(Official Notice)
Shareholders are advised that the annual financial statements were distributed on Friday, 30 May 2008, and contain no modifications to the audited results, published on SENS on 19 May 2008.



Notice is hereby given that the annual general meeting of shareholders will be held on Wednesday, 25 June 2008 at 14:00, at the offices of Famous Brands at 478 James Crescent, Halfway House, Midrand, Gauteng.
20 May 2008 08:46:39
(Media Comment)
According to Business Day, Fambrands plans to enter the emerging chicken market by expanding into chicken and offering cheaper products as consumers' belts tighten. CEO Kevin Hedderwick said that chicken accounts for 40% of sales in the fast-food industry and could not be ignored.
19 May 2008 09:21:04
(C)
The group exceeded R1 billion in revenue for the first time in its history, representing a 36% growth for the year. Operating profit of R210 million (2007: R138 million) was 52% up on the prior year with strong performances being reported across all business units. The operating margin, as a result, improved from 15.8% a year ago to 17.6%. Net interest paid increased from R6 million to R19 million mainly due to the Wimpy UK acquisition and, to a lesser extent, increased levels of working capital. Earnings per share increased by 37% to 137 cents (2007: 100 cents). Headline earnings per share increased by 26% to 144 cents (2007: 114 cents). Diluted headline earnings per share increased by 33% to 141 cents (2007: 106 cents).



Dividends

A final dividend of 33 cents per share has been declared, resulting in a per share distribution to shareholders for the year of 66 cents compared to last year?s 48 cents, an increase of 38%.



Prospects

The group expects the challenging conditions to continue in the year ahead. In difficult times, it is well known that consumers will target their spending at well-known and trusted brands. The group's portfolio of best-in-their-class brands will provide a welcome counter to tightening consumer spending. The thrust of the group's strategy will be to ensure that the brands remain relevant and deliver value for money. Brand strength and leading market shares will be fundamental in weathering difficult trading conditions in the years ahead. The group's unique model of backward integration into our manufacturing and logistics businesses will also shore up competitiveness, helping to ensure that price increases are contained and efficiency benefits are passed on to the customers.
05 May 2008 13:15:30
(Official Notice)
Fambrands advises that it expects:

* headline earnings per share to be between 20% to 30% above HEPS reported for the prior comparative period;

* and earnings per share to be between 30% to 40% above EPS reported for the prior comparative period.

The financial results of the group will be published on SENS on or about 19 May 2008.
20 Jul 2006 08:53:38
(Official Notice)
At the annual general meeting of shareholders of Famous Brands convened on Wednesday, 19 July 2006 all of the resolutions were passed by the requisite majority of shareholders.
20 Jun 2006 15:35:25
(Official Notice)
Shareholders are advised that the annual financial statements were distributed on 20 June 2006, and contain no modifications to the audited results, published on SENS on 29 May 2006.The 2006 annual general meeting of shareholders will be held on Wednesday, 19 July 2006 at 14:00, at the offices of Famous Brands at 478 James Crescent, Halfway House, Midrand, Gauteng.
29 May 2006 08:48:53
(C)
Gross revenue increased 44% to R669.2 million (R464.7 million). Operating profit improved 17% to R109.4 million (R93.2 million), and attributable profit rose 34% to R70.9 million (R53.1 million). Whilst margin squeeze was experienced in the Food Services Division due to operating and capital expenditure, this investment has substantially strengthened the group's strategic position to capitalise on growth opportunities. Operating margins in the Franchise division continued to improve. Headline earnings per share grew 38% to 83.5c (60.7c).



Prospects

The realignment of the business to capitalise on its core competencies will re- energize the company and continue to improve returns for stakeholders. Management is satisfied that efforts and initiatives implemented during the review period position Fambrands to unlock further value. Whilst the group is realistic that sustained compound growth at current levels will be challenging, management is confident that the group is now better structured to capitalise on opportunities across the group in the franchise, food services, retail and catering services businesses.



Dividends

The board of directors has resolved to declare a final dividend (number 26) of 17c per ordinary share. The last date to trade in order to participate in the dividend will be Friday, 21 July 2006 and the dividend will be payable on Monday, 31 July 2006.
17 May 2006 10:42:02
(Official Notice)
Fambrands expects earnings per share and headline earnings per share for the year ended 28 February 2006 to be between 30% to 40% above earnings per share and headline earnings per share reported for the previous corresponding period. Fambrands further advises that these results will be presented in accordance with International Financial Reporting Standards. As a result of the IFRS adjustments, attributable earnings and headline earnings for the year ended 28 February 2005 have been restated to R53.1 million (from R43.4 million) and R51.7 million (from R49.9 million) respectively. The financial results of the group will be published on Monday, 29 May 2006.

24 Feb 2006 10:16:14
(Official Notice)
System wide retail sales (including new restaurants) rose 21%, while likeonlike retail sales grew 14% across the franchise network over the quarter 01 November 2005 to 31 January 2006 compared with the prior year. Organic turnover growth was boosted by the opening of a further 33 restaurants across the network, bringing the total to 1 163 restaurants. Of the stores opened, 9 were Steers, 5 Debonairs Pizza's (including 1 in Nigeria), 11 Wimpy's, 4 FishAways and 4 House of Coffee restaurants. The vigorous performance delivered by the Franchise operation accelerated growth in the Food Services division. Sales for the quarter improved 42%, with the highest turnover ever recorded for the group's butchery and bakery facilities in December. Trufruit and Baltimore also reported highest ever sales in December. Year on year sales of fruit juice and ice cream are up 65% and 49% respectively.
10 Feb 2006 17:20:43
(Official Notice)
Fambrands announced that all the conditions precedent to the acquisition of the Bimbo's franchise agreements linked specifically to Engen Petroleum forecourt sites as published on 16 November 2005, have been fulfilled and the transaction is now unconditional. In terms of the agreement. Fambrands has secured or provisionally secured the minimum 26 conversion agreements with the Bimbo's/Engen franchisees. The conversion of these sites to Steers will commence with immediate effect and is expected to be completed by 30 June 2006.
02 Dec 2005 12:04:34
(Official Notice)
The quarter commencing September 2005 has been an eventful one in the build up to Famous Brands' peak trading holiday season. For the review period, system wide turnover increased 18% reflecting robust growth from existing restaurants, complemented by revenue achieved from the addition of a further 45 restaurants over the past three months across the groups franchise network. Highlights for the quarter include a 30% improvement in system wide turnover at Debonairs Pizza and the opening of the brand's 200th restaurant, located in the Sandton City shopping mall, an event which is particularly noteworthy, since the brand was initially launched in 1991 as a home delivery offering. Vigorous double-digit turnover growth was experienced across the group's brand portfolio, but particularly noteworthy was the 75% improvement in system wide revenue reported by FishAways. The review quarter witnessed another interesting trend, with the group's airport restaurants delivering record performances. Over the past quarter, significant advancements have been achieved in preparing the group's Food Services division for the take on of the Wimpy food services supply business. Kevin Hedderwick, Famous Brands' Chief Operating Officer stated, "Increasingly retailers are reporting that they are beginning to experience a subtle slowdown, as trading activity shrinks. While it is likely that the very high levels of growth on top of growth may not be sustainable, we are satisfied that the food service categories in which we participate still offer substantial upside growth potential." Hedderwick also noted, "Famous Brands has had an inspiring quarter, exceeding expectations and laying solid foundations for the peak season and the new year. We are bullish about trading performance in December and January."
17 Nov 2005 10:26:19
(Official Notice)
Famous Brands (FBR) has concluded a transaction with King Consolidated Holdings to acquire that group's complement of 38 Bimbo's franchise agreements linked specifically to Engen Petroleum Company forecourt sites. The intention is to convert these sites to Steers restaurants. The deal is subject to the fulfilment of certain conditions precedent.



Famous Brands Chief Operating Officer, Kevin Hedderwick notes: "The distinction is important - we are acquiring the franchise agreements related to the brand's sites, as opposed to the brand itself. This acquisition enhances our core strategy of capitalising on the growing shift by consumers towards convenience, by ensuring that our brands are situated within arms' reach of desire. In the event that we can secure Conversion Agreements from the existing Bimbo's/Engen franchisees by 15 January 2006, work will commence on converting these sites, an exercise which we hope to have completed by 1 July 2006."



Negotiations with existing Engen / Bimbo's franchisees in this regard will commence within the next few weeks. Over and above the group's minimum requirement of 26 convertible sites to Steers restaurants, any site not suitable for conversion to a Steers restaurant will be considered for conversion to one of Famous Brands' other brands. Alternatively Engen will consider converting to one of their in house brands. The Bimbo's trademark will remain the property of King Consolidated Holdings, and will continue to trade outside of the Engen network.
31 Oct 2005 16:07:15
(Media Comment)
Fambrands told Business Report that it is planning on opening eight Debonairs Pizza restaurants in the United Arab Emirates over the next three years. According to Kevin Hedderwick, chief operating officer, master license agreements were already finalised. The company believes that the market potential in the United Arab Emirates centres on the strong expatriate community that is looking for westernised offerings.

19 Oct 2005 11:41:04
(C)
11 Oct 2005 13:13:15
(Official Notice)
Fambrands advises that it expects earnings per share and headline earnings per share for the six months ended 31 August 2005 to be between 40% to 50% above earnings per share and headline earnings per share reported for the previous comparative period. This increase is primarily attributable to the following:

*Continued buoyancy in the retail trading environment which complemented the heightening trend to convenience and home meal replacement;

*The exponential growth of the group's target market as the emerged middle class expands, favourably impacting on the economy;

*Management"s drive to ensure the company's brand portfolio remains contemporary and relevant to the needs of the total South African consumer market. This endeavour facilitated a robust performance across the franchise division, which in turn accelerated growth in the food services division;

*The successful integration of recent acquisitions Trufruit Juice company and Baltimore Ice Cream.



The information on which the above trading statement has been based has not been reviewed or reported on by the company's auditors. The financial results of the company will be published on or about 19 October 2005.
26 Aug 2005 12:26:20
(Official Notice)
Famous Brands` quarterly business review reveals strong retail growth for restaurants across the group`s brand portfolio network, well up on the prior year comparative period and ahead of inflation.



Across the group`s mainstream brands, Steers, Wimpy and Debonairs Pizza, like-on-like (which excludes new restaurants) retail sales growth was in excess of 15% on average. In July, Debonairs Pizza delivered its highest ever retail turnover since opening in 1991, and Steers reported retail sales that have only once ever been exceeded (in December 2004 - typically a peak trading period). 32 restaurants have been opened across the brand network over the past five months. Debonairs Pizza is scheduled to open its 200th restaurant shortly. Significantly, the group`s FishAways brand has also delivered a strong performance, and based on growing consumer demand, will open its 50th restaurant within the next two months.



Chief Operating Officer, Kevin Hedderwick says: `May to end July is traditionally a fairly sluggish trading period, although we do derive some benefit from the tail-end of the Easter holidays and the July school holidays. However, this strong performance from our brands must be attributed to a range of factors, rather than simply seasonal success. The strong economic influence wielded by the emerged middle class and the demand for convenience continues to drive the group`s growth. We have also complemented the advantages gained from operating in a buoyant macro economic environment by driving key strategic imperatives. Our philosophy of `renovation and innovation` continues to be vigorously, pursued via ongoing upgrades of the individual retail footprints of our restaurants, whilst ensuring that new menu offerings serve to surprise and delight. In addition, investment in strong electronic media campaigns has boosted sales.`
11 Aug 2005 16:49:39
(Official Notice)
Shareholders are referred to the cautionary announcement dated 26 July 2005, and are advised that as negotiations have been terminated, caution is no longer required to be exercised by shareholders when dealing in their securities.

26 Jul 2005 17:45:27
(Official Notice)
Shareholders are advised that Famous Brands has entered into negotiations which, if successfully concluded, may have a material effect on the price of the company`s securities. Accordingly, shareholders are advised to exercise caution when dealing in the company`s securities until a further announcement is made.
30 Jun 2005 14:28:32
(Official Notice)
At the group`s annual general meeting held on 29 June 05 all of the resolutions were passed by the requisite majority of Famous Brands shareholders.
07 Jun 2005 17:41:16
(Official Notice)
Shareholders are advised that the company`s annual report, incorporating the audited financial statements for the year ended 28 February 2005, were dispatched today, and contain no material changes to the audited results which were announced on SENS on Tuesday, 17 May 2005. The annual report contains a notice of annual general meeting for Famous Brands, which will be held in the company`s boardroom at 478 James Crescent, Halfway House, Midrand on Wednesday, 29 June 2005 at 14:00.
03-Jul-2017
(X)
Famous Brands Ltd. is a holding company listed on the JSE Ltd. (JSE) under the category Consumer Services: Travel and Leisure. The Group is Africa?s leading branded food services franchisor. Famous Brands' vertically integrated business model comprises a portfolio of 27 brands represented by a franchise network of 2782 restaurants across South Africa, the Rest of Africa, the United Kingdom, and the Middle East, underpinned by substantial Logistics and Manufacturing operations.


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