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COMPAGNIE FINANCIERE RICHEMONT SA - Disclosure of management transaction

Release Date: 25/08/2021 12:15
Code(s): CFR     PDF:  
Wrap Text
Disclosure of management transaction

Compagnie Financiere 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

25 AUGUST 2021

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 shares.

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 Financiere Richemont SA     |
+------------------------------+--------------------------------------+
|Date of transaction /         |23 August 2021                        |
|date of trade execution       |                                      |
+------------------------------+--------------------------------------+
|Capacity of the person subject|Non-executive member of the           |
|to the reporting obligation   |Board of Directors                    |
+------------------------------+--------------------------------------+
|Type of transaction           |Sale                                  |
+------------------------------+--------------------------------------+
|Total amount of rights        |105'000 securities                    |
+------------------------------+--------------------------------------+
|Transaction value             |CHF 1'598'530.50                      |
+------------------------------+--------------------------------------+
|Type of rights                |Other                                 |
+------------------------------+--------------------------------------+
|ISIN                          |CH0249400620                          |
+------------------------------+--------------------------------------+
|Principal terms of the        |Sale of warrants originally granted   |
| financial instruments        |under the Richemont stock option plan |
+------------------------------+--------------------------------------+
|Further transaction details   |Strike price: CHF 94.00               |
+------------------------------+--------------------------------------+

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 
http://WWW.RICHEMONT.COM

Date: 25-08-2021 12:15:00
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