In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited, shareholders of Famous Brands are advised of the following transaction by a director in the Company’s securities:
Director: | Nicolaos Halamandaris |
Date of transaction: | 10 August 2023 |
Class of securities: | Ordinary shares in Famous Brands Limited |
Nature of transactions: | Off-market collar hedge over 194,930 ordinary shares of the Company with a put strike price of R59.43, call strike price of R74.88 and expiry on 11 August 2025 |
Total value of transaction: | R 11,584,689.90 |
Nature of interest: | Indirect beneficial |
Clearance obtained: | Yes |
Mr Halamandaris entered into an equity funding arrangement with a financial institution which consisted of a loan agreement securitised by a simultaneous collar hedge and equity lending transaction.
Johannesburg
14 August 2023
Sponsor and Corporate Broker
The Standard Bank of South Africa Limited