FBR Director Dealings Neutral
FAMOUS BRANDS LIMITED - Dealing in Securities by an Associate of a Director of the Company
Famous Brands Limited
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What this filing means
A non-controlling trust associated with Non-Executive Director Nicolaos Halamandaris sold 1,589 Famous Brands shares on-market at R61.50 per share, worth approximately R97,724 in total. The transaction is small relative to the company's R5.5 billion market cap and represents a tiny fractional disposal by a non-executive director with no controlling interest.
Bear case
- The transaction value is approximately R97,724 against a R5.5 billion market cap — immaterial at under 0.002% of shares in issue.
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