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FBR - Famous Brands Limited - Clarification Of Dealings In Securities

Release Date: 27/01/2010 14:38
Code(s): FBR
Wrap Text

FBR - Famous Brands Limited - Clarification Of Dealings In Securities FAMOUS BRANDS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1969/004875/06) Share code: FBR ISIN code: ZAE000053328 ("the company") CLARIFICATION OF DEALINGS IN SECURITIES Shareholders are referred to the company announcement with the heading "Dealings in Securities" on 26 January 2010 on the Securities Exchange News Service of the JSE Limited (JSE). For reasons of clarification the option price and exercise price of option shares in respect of the company`s ordinary shares is disclosed as follows: Name of director: KA Hedderwick Date of transaction: 25 January 2010 Nature of transaction: Exercise of options in the company ordinary shares
Class of securities: Options in respect of ordinary shares Number of options exercised: 100 000 Option price: 1590 cents Vesting: 50% on the second anniversary and 50% on the third anniversary of allocation Total value of transaction: R1 590 000.00 Nature and extent of director`s Interest in the transaction: Direct beneficial Clearance obtained: Yes Name of director: KA Hedderwick Date of transaction: 25 January 2010 Nature of transaction: Sale of options in the company ordinary shares Number of options exercised: 5 944 Option strike price: 2420 cents Total value of transaction: R143 844.80 Class of securities: Options in respect of ordinary shares
Nature and extent of director`s Interest: Sale of share options granted in March 2007 Interest: Direct beneficial Clearance to deal: Yes Name of director: KA Hedderwick Dates of transaction: 25 January 2010 Nature of transaction: Exercise of options in the company ordinary shares Class of securities: Options in respect of ordinary shares Number of options exercised: 200 000 Option price: 1590 cents Vesting: 50% on the second anniversary and 50% on third anniversary of allocation
Total value of transaction: R3 180 000.00 Nature and extent of director`s Interest in the transaction: Direct beneficial Clearance obtained: Yes Name of director: KA Hedderwick Date of transaction: 25 January 2010 Nature of transaction: Sale of options in the company ordinary shares
Number of options exercised: 3456 Option strike price: 2415 cents Total value of transaction: R83 462.40 Class of securities: Options in respect of ordinary shares Nature and extent of director`s Interest: Sale of share options granted in March 2007
Interest: Direct beneficial Clearance to deal: Yes Midrand 27 January 2010 Sponsor Standard Bank Date: 27/01/2010 14:38:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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