FAMOUS BRANDS LIMITED - Acceptance of awards

Acceptance of awards

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

Grant and   Acceptance   of   Share Incentive Scheme Awards by
Directors

In compliance with section 3.63 to 3.66 of the Listings
Requirements of the JSE Limited (“Listings Requirements”),
shareholders of Famous Brands (“Shareholders”) a r e h e r e b y
a d v i s e d o f the information pertaining to the awards and
acceptance thereof, by executive directors of the Company
and a director of a major subsidiary, of Share Appreciation
Rights as well as Retention Shares awarded in terms of the
rules of the Company’s Share Incentive Scheme.

The following is disclosed with respect to the above:

Name of director:                 DP Hele
Company:                          Famous Brands
Date of acceptance of award:      30 June 2016
Nature of transaction:            Off-market acceptance of Share
                                  Appreciation Rights and
                                  Retention shares.
Class of securities:              Grants in respect of ordinary
                                  shares
Number of shares:                 (1) 11,571 Share Appreciation
                                      Rights
                                  (2) 3,548 Retention Shares
Strike price:                     (1) 11325.00 cents per Share
                                      Appreciation Right
                                  (2) 11325.00 cents per
                                      Retention Share
Grant vesting date:               1 November 2018, 2019 and 2020
Total value of transaction:       (1) R1,310,415.75
                                  (2) R401,811.00
Nature and extent of              Direct beneficial
director’s interest in the
transaction:
Name of director:              K Ntlha
Company:                       Famous Brands
Date of acceptance of award:   30 June 2016
Nature of transaction:         Off-market acceptance of Share
                               Appreciation Rights and
                               Retention shares.
Class of securities:           Grants in respect of ordinary
                               shares
Number of shares:              (1)  8,022 Share Appreciation
                                    Rights
                               (2) 2,674 Retention Shares
Strike price:                  (1)  11325.00 cents per Share
                                    Appreciation Right
                               (2) 11325.00 cents per
                                   Retention Share
Grant vesting date:            1 November 2018, 2019 and 2020
Total value of transaction:    (1) R908,491.50
                               (2) R302,830.50
Nature and extent of           Direct beneficial
director’s interest in the
transaction:


Name of director:              NS Richards
Company:                       Famous Brands Management
                               Company (Pty) Ltd
Date of acceptance of award:   30 June 2016
Nature of transaction:         Off-market acceptance of Share
                               Appreciation Rights and
                               Retention shares.
Class of securities:           Grants in respect of ordinary
                               shares
Number of shares:              (1)  8,567 Share Appreciation
                                    Rights
                               (2) 2,499 Retention Shares
Strike price:                  (1)  11325.00 cents per Share
                                    Appreciation Right
                               (2) 11325.00 cents per
                                   Retention Share
Grant vesting date:            1 November 2018, 2019 and
                               2020
Total value of transaction:    (1) R970,212.75
                               (2) R283,011.75
Nature and extent of           Direct beneficial
director’s interest in the
transaction:


Clearance to deal was received in terms of paragraph 3.66 of
the Listings Requirements and the above trades were done off
market.

Midrand
04 July 2016

Sponsor
The Standard Bank of South Africa Limited

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