Director/PDMR Shareholding

RNS Number : 9180I
Burberry Group PLC
17 August 2021
 

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

 

The Company was notified on 17 August 2021 that Gianluca Flore, a person discharging managerial responsibilities ("PDMR"), exercised a nil cost option over 23 ordinary shares of 0.05 pence each ("Shares") granted to him on 31 July 2018 under the Company's International Free Share Plan 2003 (the "Exercise").

 

Following the Exercise, and on the same day, Gianluca subsequently sold 9 of the newly acquired Shares, at a price of £20.37 per Share, to fund the tax and fees arising from the Exercise, as set out below.

 

PDMR

Number of Shares acquired

Number of Shares sold to cover tax and fees

Number of Shares retained

Gianluca Flore

23

9

14

 

17 August 2021

 

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

Gianluca Flore

2

Reason for the notification

a)

Position/status

President of Americas & Global Retail Excellence  

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

Exercise of option grante d on 31 July 2018 under the Burberry Group plc International Free Share Plan 2003 and subsequent acquisition of Shares

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

 

23

 

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

Aggregate Price

Aggregate Volume

Aggregate

Total

Nil

 

23

Nil

e)

Date of the transaction

2021-08-17

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)

£20.37

9

 

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

Aggregate Price

Aggregate Volume

Aggregate

Total

£20.37

9

£183.33

e)

Date of the transaction

2021-08-17

 

f)

Place of the transaction

London Stock Exchange (XLON)

 

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