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FAMOUS BRANDS LIMITED - Dealing in Securities by a Director

Release Date: 05/11/2020 16:25
Code(s): FBR     PDF:  
Wrap Text
Dealing in Securities by a Director

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

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

Name of director:                 Mr J Halamandres
Date of transaction:              2 November 2020
Class of securities:              Famous Brands ordinary shares
Nature of transactions:           Off-market, over-the-counter
                                  collar over 304,000 Famous Brands
                                  ordinary shares in five tranches,
                                  in each case, a put strike price
                                  of R34.00 and a call strike price
                                  of R64.35 with weekly expiry
                                  dates from 19 October 2023 to 16
                                  November 2023
Number of securities:             304,000
Price per security:               R45.00
Transaction value:                R13,680,000.00
Nature and extent of director’s
interest:                         Direct beneficial
Clearance to deal received:       Yes

Midrand
5 November 2020

Sponsor
The Standard Bank of South Africa Limited

Date: 05-11-2020 04:25:00
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