Holding(s) in Company

RNS Number : 0998A

Burberry Group PLC

01 October 2009

 



TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Burberry Group plc

2. Reason for the notification 

(please place an X inside the appropriate bracket/s):

An acquisition or disposal of voting rights: YES

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: NO

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments:  NO

An event changing the breakdown of voting rights: NO

Other (please specify) : 

3. Full name of person(s) subject to notification obligation:

OppenheimerFunds, Inc ('OFI')

4. Full name of shareholder(s) (if different from 3) :

5. Date of transaction (and date on which the threshold is crossed or reached if different):

29 September 2009 

6. Date on which issuer notified:

30 September 2009

7. Threshold(s) that is/are crossed or reached:

Below 3% threshold

  8. Notified Details:

A: Voting rights attached to shares

Class/type of shares if possible use ISIN CODE	Situation previous to the triggering transaction
	Number of shares	Number of voting rights
GB0031743007	13,174,157 (OFI) 3,051 (Baring Asset Management Limited)	13,174,157 (OFI) 3,051 (Baring Asset Management Limited)

	Resulting situation after the triggering transaction
Class/type of shares if possible use ISIN CODE	Number of shares	Number of voting rights		% of voting rights
	Direct	Direct	Indirect	Direct	Indirect
GB0031743007	12,400,512 (OFI) 0 (Baring Asset Management Limited)		12,400,512 (OFI) 0 (Baring Asset Management Limited)		2.86% (OFI) 0% (Baring Asset Management Limited)

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument	Expiration date	Exercise/conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/ converted)	% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument	Exercise date	Expiration date	Exercise/ conversion period	No. of voting rights instrument refers to	% of voting rights
					Nominal	Delta

Total (A+B+C)

Number of voting rights	% of voting rights
12,400,512	2.86%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable :

As of 09/29/09, OFI held 2.86% (12,400,512 shares) of Burberry Group Plc (Issuer), based on total outstanding share value of 433,357,540.

Massachusetts Mutual Life Insurance Company is the parent company of OFI and Baring Asset Management Limited.

Proxy Voting:

10. Name of proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

14. Contact name:

Kathryn Dickinson, Deputy Company Secretary, Burberry Group plc

15. Contact telephone number:

020 3367 3505

 

END

 

 

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