Holding(s) in Company

RNS Number : 1386Z

Burberry Group PLC

15 July 2008

 



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 state Yes/No):

An acquisition or disposal of voting rights:

YES

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached:

NO

An event changing the breakdown of voting rights:

NO

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

Eminence Capital LLC

Ricky C Sandler

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

Goldman Sachs & Co

Morstan Nominees Ltd

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

  10 July 2008

6. Date on which issuer notified:

14 July 2008

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

3%

8a. Notified Details: The Funds

A: Voting rights attached to shares

Class/type of shares if possible use ISIN CODE	Situation previous to the triggering transaction
Eminence Capital LLC
Ordinary Shares GB0031743007	Number of shares Below 3%	Number of voting rights  Below 3%
Ricky C Sandler
Ordinary Shares GB0031743007	Below 3%	Below 3%

	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
Eminence Capital LLC
Ordinary Shares GB0031743007	13,600,000	Direct	Indirect 13,600,000	Direct	Indirect 3.14%
Ricky C Sandler
Ordinary Shares GB0031743007	13,600,000		13,600,000		3.14%

8b. 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

	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	Indirect	Direct	Indirect

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

Total (A+B)

Number of voting rights	% of voting rights
Eminence Capital LLC
13,600,000	3.14%
Ricky C Sandler
13,600,000	3.14%

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

Ricky C Sandler is the Managing Member of Eminence Capital LLC and therefore may be deemed to have indirect voting power with respect to the shares directly owned by the funds managed by Eminence Capital LLC and individually with respect to shares over which Mr Sandler has investment discretion.

Proxy Voting:

10. Name of proxy holder:

N/A    

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

N/A

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

N/A

13. Additional information:

14. Contact name:

Kathryn Dickinson, Deputy Company Secretary, Burberry Group plc

15. Contact telephone number:

020 7968 5682

 

END

 

 

HOLEASXSFLEPEFE