Director/PDMR Shareholding

RNS Number : 9180I

Burberry Group PLC

17 August 2021

 

Burberry Group plc (the "Company") - Director/PDMR Shareholdings

The Company was notified on 17 August 2021 that Gianluca Flore, a person discharging managerial responsibilities ("PDMR"), exercised a nil cost option over 23 ordinary shares of 0.05 pence each ("Shares") granted to him on 31 July 2018 under the Company's International Free Share Plan 2003 (the "Exercise").

Following the Exercise, and on the same day, Gianluca subsequently sold 9 of the newly acquired Shares, at a price of £20.37 per Share, to fund the tax and fees arising from the Exercise, as set out below.

PDMR	Number of Shares acquired	Number of Shares sold to cover tax and fees	Number of Shares retained
Gianluca Flore	23	9	14

17 August 2021

The following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014 as it forms part of UK law.

Notification of dealing form

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Gianluca Flore
2	Reason for the notification
a)	Position/status	President of Americas & Global Retail Excellence
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Burberry Group plc
b)	LEI	213800PE1KEFCNFR1R50
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code		Ordinary shares of 0.05 pence each ("Shares") GB0031743007
b)	Nature of the transaction		Exercise of option grante d on 31 July 2018 under the Burberry Group plc International Free Share Plan 2003 and subsequent acquisition of Shares
c)	Price(s) and volume(s)		Price(s) Volume(s) Nil 23
d)	Aggregated information - Aggregated volume - Price		Aggregate Price Aggregate Volume Aggregate Total Nil 23 Nil
e)	Date of the transaction		2021-08-17
f)	Place of the transaction		Outside a trading venue
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code		Ordinary shares of 0.05 pence each ("Shares") GB0031743007
b)	Nature of the transaction		Sale of Shares
c)	Price(s) and volume(s)		Price(s) Volume(s) £20.37 9
d)	Aggregated information - Aggregated volume - Price		Aggregate Price Aggregate Volume Aggregate Total £20.37 9 £183.33
e)	Date of the transaction		2021-08-17
f)	Place of the transaction		London Stock Exchange (XLON)

 

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