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COMPAGNIE FINANCIERE RICHEMONT SA - Disclosure of management transaction

Release Date: 23/08/2021 10:20
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 
 
23 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 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 /         |19 August 2021                      |
|date of trade execution       |                                    |
+------------------------------+------------------------------------+
|Capacity of the person subject|Non-executive member of             |
|to the reporting obligation   |Board of Directors                  |
+------------------------------+------------------------------------+
|Type of transaction           |Sale                                |
+------------------------------+------------------------------------+
|Total amount of rights        |45'000 securities                   |
+------------------------------+------------------------------------+
|Transaction value             |CHF 611'175.02                      |
+------------------------------+------------------------------------+
|Type of rights                |Other                               |
+------------------------------+------------------------------------+
|ISIN                          |CH0249400620                        |
+------------------------------+------------------------------------+
|Principal terms of            |Warrants originally granted under   |
|the financial instruments     |the Richemont stock option plan     |
+------------------------------+------------------------------------+
|Further transaction details   |Average price of warrants: 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: 23-08-2021 10:20:00
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