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COMPAGNIE FINANCIERE RICHEMONT SA - Disclosure of management transaction

Release Date: 01/12/2020 17:35
Code(s): CFR     PDF:  
Wrap Text
Disclosure of management transaction

Compagnie Financière 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

1 DECEMBER 2020

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 securities.

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 Financière Richemont SA
 Date of transaction / date of trade       27 November 2020
 execution
 Capacity of the person subject to the     Non-executive member of the Board of Directors
 reporting obligation
 Type of transaction                       Purchase
 Transaction executed by                   A related legal entity
 Total amount of rights                    20’065’132 securities
 Transaction value                         CHF 4’225’716.80
 Type of rights                            Other
 ISIN                                      CH0559601544
 Principal terms of the financial          CFR A Warrants
 instruments
 Further transaction details               Average price of warrants: CHF0.2106.



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)

                        

Date: 01-12-2020 05:35:00
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