Director/PDMR Shareholding

RNS Number : 0888I

Burberry Group PLC

04 March 2010

 

Pursuant to DTR 3.1.4, Burberry Group plc (the "Company") received notice of changes to the Shareholding of the following Persons Discharging Managerial Responsibility ("PDMRs")

The Company has received notification from the following PDMRs that, on Tuesday 2 March 2010, nil-cost options granted under the Burberry Senior Executive Restricted Share Plan 2004 ("RSP") were exercised and they acquired the number of ordinary shares of 0.05 pence each in the Company ("Shares") set out in the table below.

The Company has also received notification that on 2 March 2010, that the number of Shares specified in the table below were sold to cover the tax liabilities and dealing costs arising on behalf of the PDMRs specified in the table below pursuant to trading plans entered into on 18 February 2010.  Details of these transactions are set out below.

Name of PDMR	Number of Shares acquired on exercise	Number of Shares sold at 635.0179p per share	Number of remaining Shares
Stacey Cartwright	27,605	11,346	16,259
Joy Frommer	2,656	1,068	1,591

The Company has received notification from Angela Ahrendts, a PDMR, that, on Tuesday 2 March 2010, a nil-cost option, granted in accordance with the terms of her service agreement and the terms of the RSP, was exercised and she acquired the number of Shares set out in the table below.

The Company has also received notification that on 2 March 2010, that the number of Shares specified in the table below were sold to cover the tax liabilities and dealing costs arising on behalf of Ms Ahrendts, pursuant to a trading plan entered into on 18 February 2010.  Details of this transaction are set out below.

Name of PDMR	Number of Shares acquired on exercise	Number of Shares sold at 635.0179p per share	Number of remaining Shares
Angela Ahrendts	79,449	32,656	46,793

The Company has received notification from the following PDMRs that, on Tuesday 2 March 2010, matching nil-cost options granted under the Burberry Group plc Co-Investment Plan were exercised and they acquired the number Shares set out in the table below.

The Company has also received notification that on 2 March 2010 that the number of Shares specified in the table below were sold to cover the tax liabilities and dealing costs arising on behalf of the PDMRs specified in the table below pursuant to trading plans entered into on 18 February 2010. Details of these transactions are set out below.

Name of PDMR	Number of Shares subject to matching share option	Number of Shares sold at 635.0179p per share	Number of remaining Shares
Angela Ahrendts	280,123	115,139	164,984
Stacey Cartwright	128,479	52,809	75,670
Joy Frommer	24,241	9,721	14,520

Following these transactions:

(1) Angela Ahrendts has an interest in 431,939 Shares and options and awards over 1,972,073

Shares.

(2) Stacey Cartwright has an interest in 404,439 Shares and options and awards over 889,558 Shares.

(3) Joy Frommer has an interest in 83,131 Shares and options and awards over 515,744 Shares.

The Company received notification of these transactions on 3 March 2010.

These announcements are made pursuant to DTR 3.1.4.

 

END

 

 

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