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COMPAGNIE FINANCIERE RICHEMONT SA - Disclosure of management transaction

Release Date: 30/09/2020 17:08
Code(s): CFR     PDF:  
Wrap Text
Disclosure of management transaction

Compagnie Financière Richemont SA ("The Company")
Depository Receipts issued by Richemont Securities SA
("Richemont Securities" or "Richemont")
(Incorporated in Switzerland)
Share code: CFR
ISIN: CH0045159024
Depository Receipt Code: CFR

30 SEPTEMBER 2020

DISCLOSURE OF MANAGEMENT TRANSACTION

Pursuant to Article 56 of the SIX Swiss Exchange ("SIX") listing rules and the Directive on
Disclosure of Management Transactions, the Company has been notified of a trade carried out by
a member of the Board of Directors in respect of the Company’s securities.

The Company is required, pursuant to section 18.20(e) of the JSE Listings Requirements, to
announce on SENS the equivalent information that is made publicly available on the SIX.

As a consequence, the following information is disclosed:

 Issuer                                         Compagnie Financière Richemont SA
 Date of transaction / date of trade            28 September 2020
 execution
 Capacity of the person subject to the          Non-executive member of the Board of Directors
 reporting obligation
 Type of transaction                            Sale
 Transaction executed by                        Non-executive member of the Board of Directors
 Total amount of rights                         140'000 securities
 Transaction value                              CHF 147'000.00
 Type of rights                                 Other
 ISIN                                           CH0217755914
 Principal terms of the financial               Sale of warrants originally granted under the
 instruments                                    Richemont stock option plan.
 Further transaction details                    Strike price CHF 90.11


 Issuer                                         Compagnie Financière Richemont SA
 Date of transaction / date of trade            28 September 2020
 execution
 Capacity of the person subject to the          Non-executive member of the Board of Directors
 reporting obligation
 Type of transaction                            Sale
 Transaction executed by                        Non-executive member of the Board of Directors
 Total amount of rights                         140'000 securities
 Transaction value                              CHF 1'128'400.00
 Type of rights                                 Other
 ISIN                                           CH0196291543
 Principal terms of the financial               Sale of warrants originally granted under the
 instruments                                    Richemont stock option plan.
 Further transaction details                    Strike price CHF 57.45


Richemont 'A' shares are listed on the SIX Swiss Exchange, Richemont's primary listing, and are
included in the Swiss Market Index ('SMI') of leading stocks. Richemont South African Depository
Receipts are listed on the JSE, Richemont’s secondary listing.

Sponsor: RAND MERCHANT BANK (A division of FirstRand Bank Limited)

COMPAGNIE FINANCIERE RICHEMONT SA
50, CHEMIN DE LA CHENAIE | CASE POSTALE 30 | 1293 BELLEVUE | GENEVA | SWITZERLAND
TELEPHONE +41 (0)22 721 3500
WWW.RICHEMONT.COM

                                                

Date: 30-09-2020 05:08:00
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