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COMPAGNIE FINANCIERE RICHEMONT SA - Disclosure of management transaction

Release Date: 19/11/2021 14:00
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

19 November 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 / date of trade execution                   18 November 2021
Capacity of the person subject to the reporting obligation      Executive member of the Board of Directors / member of the executive committee
Type of transaction                                             Sale
Total amount of rights                                          20'000 securities
Transaction value                                               CHF 1'697'134.58
Type of rights                                                  Registered shares
ISIN                                                            CH0210483332
Principal terms of the financial instruments                    Exersale:       Exercise of executive stock options received under Group stock option plan.
Further transaction details                                     Strike price: CHF 56.55

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 
WWW.RICHEMONT.COM
Date: 19-11-2021 02:00:00
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