Famous Brands directors deal shares under incentive scheme

Famous Brands Limited (JSE:FBR) has announced dealings in its shares by directors and company secretary related to the Famous Brands Share Incentive Scheme. The scheme facilitated an on-market purchase of 74,731 ordinary shares at ZAR64.5963 per share, totaling ZAR4,827,346.10, to deliver to nominated participants on June 4, 2025. Several directors, including DP Hele and N Shiluvana, received retention shares awarded in previous years under the scheme, followed by on-market sales to meet income tax obligations, including Hele's sale of 6,099 shares at ZAR64.5474 (ZAR393,674.59 total value). Hele also received Share Appreciation Rights shares worth ZAR2,242,432.04. Company Secretary CD Appollis had similar transactions, including a ZAR430,143.87 sale of 6,664 shares at ZAR64.5474. All dealings were conducted with direct beneficial interest and adhered to JSE Limited Listings Requirements.