Director/PDMR Shareholding

Burberry Group PLC

03 January 2024

 

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

The Company has today been notified of the following transactions by Directors/persons discharging managerial responsibilities ("PDMR"):

Jonathan Akeroyd, Chief Executive Officer and a director of the Company, received 49,291 ordinary shares of 0.05p each in the Company ("Shares") following the vesting of a conditional award granted to him on 15 March 2022, as part of the buy-out awards he received on joining the Company for forfeiting awards on resignation from his former employer. On vesting of the award, Mr Akeroyd also received 3,987 dividend equivalent Shares giving a total number of Shares acquired of 53,278.  This award was granted under the rules of the Burberry Share Plan 2020.

Following this vesting and acquisition, on the same day, Jonathan Akeroyd subsequently sold a total of 25,111 of the newly acquired Shares, at a price of £13.6407 per Share, to fund the tax and fees arising from the vesting and acquisition, as set out below.

Director	Number of Shares acquired	Number of Shares sold to cover tax and fees	Number of Shares retained
Jonathan Akeroyd	53,278	25,111	28,167

3 January 2024

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	Jonathan Akeroyd
2	Reason for the notification
a)	Position/status	Chief Executive 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 ("Shares") GB0031743007
b)	Nature of the transaction	Acquisition of shares following the vesting of a conditional share award over 49,291 Shares granted on 15 March 2022 under the rules of the Burberry Share Plan 2020, plus 3,987 dividend equivalent Shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) £Nil 53,278
d)	Aggregated information - Aggregated volume - Price	Aggregate Price Aggregate Volume Aggregate Total £Nil 53,278 £Nil
e)	Date of the transaction	2024-01-03
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) £13.6407 25,111
d)	Aggregated information - Aggregated volume - Price	Aggregate Price Aggregate Volume Aggregate Total £13.6407 25,111 £342,531.62
e)	Date of the transaction	2024-01-03
f)	Place of the transaction	London Stock Exchange (XLON)

 

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