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FAMOUS BRANDS LIMITED - Dealing in securities

Release Date: 03/06/2019 17:00
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

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


Name of director:                 Mr J Halamandres
Class of securities:              Ordinary shares
Nature of transactions:           The decision by J Halamandres to
                                  settle a loan obligation with
                                  Famous Brands securities. The
                                  settlement will take place on 11
                                  July 2019
Date of transaction:              29 May 2019
Number of securities:             150 000
Price per security:               The price per security will be
                                  calculated on the close of
                                  business on 8 July 2019
                                  determined as the greater of
                                  R110.46 or the simple average of
                                  the daily VWAP of the Shares for
                                  the 10 (ten) Business Days prior
                                  and including 8 July 2019
Transaction value:                R 12 285 000.00 - based on the
                                  market value of Famous Brands
                                  shares at close of business on 28
                                  May 2019 (for illustrative
                                  purposes)
Nature and extent of director’s   Direct beneficial
interest:


The prior approval of the Chairman for the above transaction was
obtained.

Midrand
3 June 2019

Sponsor
The Standard Bank of South Africa Limited

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