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Famous Brands Ltd (FBRJ.J)

FBRJ.J on Johannesburg Stock Exchange

13,760.00ZAc
29 Jul 2016
Change (% chg)

-40.00c (-0.29%)
Prev Close
13,800.00c
Open
14,100.00c
Day's High
14,100.00c
Day's Low
13,670.00c
Volume
25,093
Avg. Vol
104,926
52-wk High
14,900.00c
52-wk Low
10,008.00c

Latest Key Developments (Source: Significant Developments)

S. Africa's Competition Commission approves Nestlé, PAI Europe JV
Thursday, 14 Jul 2016 06:26am EDT 

S.Africa's Competition Commission : Has approved without conditions intermediate merger whereby Raflatac intends to acquire Labelcote . Recommended to tribunal that Nestlé and PAI Europe v jv be approved without conditions . Approved without conditions intermediate merger whereby Famous Brands Management to acquire Lamberts Bay Foods (((Bengaluru Newsroom +91 806 749 1136);)).  Full Article

Famous Brands buys tomato paste manufacturing plant
Monday, 4 Jul 2016 01:05am EDT 

Famous Brands Ltd : Has acquired a state-of--art tomato paste manufacturing plant, Cape Concentrate, situated in Coega precinct in Eastern Cape . Acquisition will be funded from cash reserves. . New company will comprise a strategic alliance partnership between local farmers . Facility was bought out of liquidation at a significantly discounted purchase consideration .Is anticipated that operation will be commissioned early in 2017 calendar year.  Full Article

Famous Brands names Kelebogile Ntlha as group financial director
Friday, 3 Jun 2016 01:06am EDT 

Famous Brands Ltd : Norman Richards, currently group financial director will be appointed group commercial executive . Kelebogile (Lebo) Ntlha, currently group financial executive and company secretary, will be appointed group financial director .Appointments are effective as at 1 july 2016..  Full Article

Famous brands says fy HEPS up 16 pct
Monday, 30 May 2016 01:06am EDT 

Famous Brands Ltd : Fy operating profit up 18% to r792 million . Dividends up 14 pct to 405 cents per share . Fy revenue up 31 pct to r4.3 billion .Fy headline earnings per share up 16% to 541 cents per share.  Full Article

Famous Brands buys Oceana Groups Lamberts Bay Foods
Thursday, 26 May 2016 01:25am EDT 

Famous Brands Ltd : A cquired 100% of business of Lamberts Bay Foods (lbf), a wholly-owned subsidiary of jse-listed Oceana Group Limited (oceana). . LBF staff who are currently beneficiaries of oceana empowerment trust will not be affected by this transaction and will continue to receive their share of benefits .Purchase consideration falls below threshold of a categorised transaction in terms of listings requirements of JSE Limited.  Full Article

Famous Brands buys 51 pct stake in Salsa Mexican Grill
Monday, 16 May 2016 01:07am EDT 

Famous Brands Ltd : Famous Brands has acquired a 51% stake in recently launched Salsa Mexican Grill .All suspensive conditions have been fulfilled and effective date of transaction is 1 June 2016.  Full Article

Famous Brands acquires 51 pct controlling stake in Retail Group (Pty) Ltd
Tuesday, 23 Jun 2015 01:05am EDT 

Famous Brands Ltd:Acquired 51 percent controlling stake in Retail Group (Pty) Ltd, Botswana.  Full Article

Famous Brands Ltd declares final gross dividend
Sunday, 24 May 2015 07:15pm EDT 

Famous Brands Ltd:Declares final gross dividend of 200 cents (2014: 170 cents) per ordinary share.Payable on July 13.Record date of July 10.  Full Article

Famous Brands Ltd acquires majority stake in Cater Chain Food Services
Monday, 8 Dec 2014 12:05am EST 

Famous Brands Ltd:Has acquired controlling 75 pct stake in Cater Chain Food Services.Purchase consideration falls below threshold of categorised transaction in terms of Listings Requirements of JSE Ltd and will be settled from cash reserves.  Full Article

Famous Brands Ltd announces dividend
Monday, 27 Oct 2014 01:05am EDT 

Famous Brands Ltd:Given that an interim gross dividend of 155 cents (2013: 130 cents) per ordinary share in respect of six months ended Aug. 31.Trade cum-dividend Nov. 28.Trading ex-dividend Dec. 1.Record date Dec. 5.Payment of dividend Dec. 8.  Full Article

BRIEF-Famous Brands buys tomato paste manufacturing plant

* Has acquired a state-of--art tomato paste manufacturing plant, Cape Concentrate, situated in Coega precinct in Eastern Cape