FAMOUS BRANDS LIMITED - Grant and Acceptance of Share Incentive Scheme Awards by Directors

Grant and Acceptance of Share Incentive Scheme Awards by Directors

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”) are hereby
advised of 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 (2015).

The following is disclosed with respect to the above:

Name of director:               DP Hele
Company:                        Famous Brands
Date of acceptance of award:    6 June 2017
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) 51,552 Share Appreciation Rights
                                (2) 17,754 Retention Shares
Strike price:                   (1) 13812.00 cents per Share
                                    Appreciation Right
                                (2) Zero strike price
Grant vesting dates:            1 November 2019, 2020 and 2021
Total value of transaction:     (1) R7,120,362.24
                                (2) R2,452,182.48
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:   6 June 2017
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) 21,715 Share Appreciation Rights
                               (2) 5,157 Retention Shares
Strike price:                  (1) 13812.00 cents per Share
                                   Appreciation Right
                               (2) Zero strike price
Grant vesting dates:           1 November 2019, 2020 and 2021
Total value of transaction:    (1) R2,999,275.80
                               (2) R 712,284.84
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:   6 June 2017
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) 6,446 Share Appreciation Rights
                               (2) 1,880 Retention Shares
Strike price:                  (1) 13812.00 cents per Share
                                   Appreciation Right
                               (2) Zero strike price
Grant vesting dates:           1 November 2019, 2020 and 2021
Total value of transaction:    (1) R890,321.52
                               (2) R259,665.60
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
8 June 2017

Sponsor
The Standard Bank of South Africa Limited

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