Director/PDMR Shareholding

RNS Number : 3325N

Burberry Group PLC

08 August 2017

 

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

The Company announces that it was notified on 7 August 2017 that on 7 August 2017 Christopher Bailey, a director of the Company, exercised a nil cost option over 174,050 Ordinary Shares of 0.05p each in the Company ("Shares") granted to him on 14 June 2013 as a Nil Cost Option Award (the "Exercise").  

Director	Number of Shares received	Total number of Shares sold	Number of sold Shares to cover tax liabilities
Christopher Bailey	174,050	174,050	81,804

Following this Exercise, and on the same day, Christopher Bailey subsequently sold 174,050 Shares, at a price of £17.9736 per Share (the "Sale").  81,804 of these Shares were to fund the tax liabilities arising on the Exercise.

8 August 2017  

The following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Christopher Bailey
2	Reason for the notification
a)	Position/status	President and Chief Creative Officer
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	N/A
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 GB0031743007
b)	Nature of the transaction		Exercise of Nil Cost Option Award granted on 14 June 2013
c)	Price(s) and volume(s)		Price(s) Volume(s) Nil 174,050
d)	Aggregated information - Aggregated volume - Price		Aggregate Price Aggregate Volume Aggregate Total Nil 174,050 Nil
e)	Date of the transaction		2017-08-07
f)	Place of the transaction		Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Christopher Bailey
2	Reason for the notification
a)	Position/status	President and Chief Creative Officer
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	N/A
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 GB0031743007
b)	Nature of the transaction		Sale of shares
c)	Price(s) and volume(s)		Price(s) Volume(s) £17.9736 174,050
d)	Aggregated information - Aggregated volume - Price		Aggregate Price Aggregate Volume Aggregate Total £17.9736 174,050 £3,128,305.08
e)	Date of the transaction		2017-08-07
f)	Place of the transaction		XLON

 

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