FAMOUS BRANDS LIMITED - FBR : Dealing in Securities
FBR : 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:
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. This is
an off- market transaction. The
settlement will take place on 7
February 2020
Date of transaction: 12 December 2019
Number of securities: 300 000
Price per security: The price per security will be
calculated on the close of business
on 4 February 2020 determined as
the greater of R102.20 or the
simple average of the daily VWAP of
the Shares for the 10 (ten)
Business Days prior to and
including 4 February 2020
Transaction value: R23,811,000 - based on the market
value of Famous Brands shares at
close of business on 12 December
2019 (for illustrative purposes)
Nature and extent of director's
interest: Direct beneficial
The loan obligation, which is in terms of a loan agreement entered
into between the director and an independent third party financial
institution, is disclosed as required by the JSE Listings Requirements
when the director elects to make settlement to the financial
institution with Famous Brands securities in accordance with the terms
of that loan.
The prior approval of the Chairman for the above transaction was
obtained.
Midrand
13 December 2019
Sponsor
The Standard Bank of South Africa Limited
Date: 13-12-2019 01:00:00
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