Director's Dealing

RNS Number : 2589V

Mulberry Group PLC

11 December 2013

 



11 December 2013

Mulberry Group plc

Director's Dealing

Mulberry Group plc ("Mulberry" or the "Company") announces that, to satisfy interests held by them under Mulberry's Co-Ownership Plan, 171,079 ordinary shares of 5 pence each in the Company ("Ordinary Shares") will be transferred from the Mulberry Group plc Employee Benefit Trust (the "Trust") to Roger Mather, Group Finance Director, and a further 222,403 Ordinary Shares will be transferred from the Trust to certain other employees of the Company.

The Company also announces the following exercise of options. All of the options referred to below were exercised on 9 December 2013.

Roger Mather has exercised options over 26,964 Ordinary Shares at nil cost under the Company's Deferred Share Plan. Certain other employees of the Company have exercised options over a further 20,952 Ordinary Shares at nil cost under the Company's Deferred Share Plan.

Godfrey Davis, Non-Executive Chairman, has exercised options over 78,084 Ordinary Shares with an exercise price of 144.5 pence per share under the Company's 2008 Unapproved Share Option Plan.

Following the exercise of these options and to provide cash proceeds for the settlement thereof, the Company will seek to place up to 126,000 new Ordinary Shares in the market.

Enquiries:

Pelham Bell Pottinger Dan de Belder / Lucy Miles	0207 861 3232
Altium Ben Thorne / Katherine Hobbs	0207 484 4040
Barclays Capital Jon Bathard-Smith	0207 623 2323
Mulberry Investor Relations Amelia Fincher	0207 605 6771

 

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