Director/PDMR Shareholding

RNS Number : 8455U

Burberry Group PLC

03 August 2022

 

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

The Company announces that it received notification on 2 August 2022 of the following transactions by Directors/persons discharging managerial responsibilities ("PDMR"):

On 1 August 2022, Julie Brown, Chief Operating and Financial Officer and a director of the Company, exercised the following nil-cost options over Ordinary Shares of 0.05p each in the Company ("Shares"):

(i)  an option over 2,788 Shares granted to her on 31 July 2018, under the Executive Share Plan 2018; and

(ii)  an option over 10,458 Shares granted to her on 31 July 2019, under the Executive Share Plan 2019.

Following these exercises, and on the same day, Julie Brown subsequently sold a total of 6,480 of the newly acquired Shares, at a price of £17.878914 per share, to fund the tax and fees arising from the exercises, as set out below.

Director	Number of Shares acquired	Number of Shares sold to cover tax and fees	Number of Shares retained
Julie Brown	13,246	6,480	6,766

On 2 August 2022, Julie Brown transferred 30 Shares received through the 2017 Burberry Share Incentive Plan to her nominee account. Two Shares were sold at a price of £17.585 per share to fund the fees arising from this transfer and 28 Shares retained.

3 August 2022

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

Notification of dealing form

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Julie Brown
2	Reason for the notification
a)	Position/status	Chief Operating and Financial 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	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 GB0031743007
b)	Nature of the transaction		Exercise of a nil-cost share option granted on 31 July 2018 under the Executive Share Plan 2018
c)	Price(s) and volume(s)		Price(s) Volume(s) Nil 2,788
d)	Aggregated information - Aggregated volume - Price		Aggregate Price Aggregate Volume Aggregate Total Nil 2,788 Nil
e)	Date of the transaction		2022-08-01
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 GB0031743007
b)	Nature of the transaction		Exercise of a nil-cost share option granted on 31 July 2019 under the Executive Share Plan 2019
c)	Price(s) and volume(s)		Price(s) Volume(s) Nil 10,458
d)	Aggregated information - Aggregated volume - Price		Aggregate Price Aggregate Volume Aggregate Total Nil 10,458 Nil
e)	Date of the transaction		2022-08-01
f)	Place of the transaction		Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Julie Brown
2	Reason for the notification
a)	Position/status	Chief Operating and Financial 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	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 GB0031743007
b)	Nature of the transaction		Sale of shares
c)	Price(s) and volume(s)		Price(s) Volume(s) £ 17.878914 6,480
d)	Aggregated information - Aggregated volume - Price		Aggregate Price Aggregate Volume Aggregate Total £ 17.878914 6,480 £115,855.36272
e)	Date of the transaction		2022-08-01
f)	Place of the transaction		London Stock Exchange (XLON)
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) £17.585 2
d)	Aggregated information - Aggregated volume - Price		Aggregate Price Aggregate Volume Aggregate Total £17.585 2 £35.17
e)	Date of the transaction		2022-08-02
f)	Place of the transaction		London Stock Exchange (XLON)
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		Transfer of shares between nominee accounts with no change to the beneficial ownership of the shares
c)	Price(s) and volume(s)		Price(s) Volume(s) Nil 28
d)	Aggregated information - Aggregated volume - Price		Aggregate Price Aggregate Volume Aggregate Total Nil 28 Nil
e)	Date of the transaction		2022-08-02
f)	Place of the transaction		Outside a trading venue

 

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