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FAMOUS BRANDS LIMITED - Dealing in securities

Release Date: 07/02/2020 11:37
Code(s): FBR     PDF:  
Wrap Text
Dealing in securities

FAMOUS BRANDS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1969/004875/06)
JSE Share code: FBR     ISIN code: ZAE000053328
(“the Company” or “Famous Brands”)

DEALING IN SECURITIES

Further to the announcement dated 13 December 2019 relating to the
decision by Mr J Halamandres to settle a loan obligation with Famous
Brands securities, shareholders are advised of the following in
compliance with paragraphs 3.63 to 3.74 of the Listings Requirements
of the JSE Limited (“JSE”):


Name of director:                      Mr J Halamandres
Class of securities:                   Ordinary shares
Nature of transactions:                Off-market sale of shares
Date of transaction:                   4 February 2020
Number of securities:                  300 000
Price per security:                    R102.20
Transaction value:                     R30 660 000.00
Nature and extent of director’s        Direct beneficial
interest:

The loan obligation, which is in terms of a loan agreement entered
into between the director and an independent third party financial
institution, is disclosed as required by the JSE Listings Requirements
when the director elects to make settlement to the financial
institution with Famous Brands securities in accordance with the terms
of that loan.

The prior   approval    of   the   Chairman   for   the   above   transaction   was
obtained.

Midrand
7 February 2020


Sponsor
The Standard Bank of South Africa Limited

Date: 07-02-2020 11:37:00
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