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FAMOUS BRANDS LIMITED - Dealing in securities

Release Date: 14/08/2023 14:00
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 BY A DIRECTOR OF THE COMPANY

In compliance with paragraphs 3.63 to 3.74 of the Listings
Requirements of the JSE Limited, shareholders of Famous
Brands are advised of the following transaction by a director
in the Company’s securities:

Director                         :   Nicolaos Halamandaris

Date of transaction              :   10 August 2023
Class of securities              :   Ordinary shares in Famous
                                     Brands Limited
Nature of transactions           :   Off-market collar hedge over
                                     194,930 ordinary shares of
                                     the Company with a put strike
                                     price of R59.43, call strike
                                     price of R74.88 and expiry on
                                     11 August 2025

Total value of transaction           R 11,584,689.90
                                 :
Nature of interest               :   Indirect beneficial
Clearance obtained               :   Yes

Mr Halamandaris entered into an equity funding arrangement
with a financial institution which consisted of a loan
agreement securitised by a simultaneous collar hedge and
equity lending transaction.


Johannesburg
14 August 2023

Sponsor and Corporate Broker
The Standard Bank of South Africa Limited

Date: 14-08-2023 02:00:00
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