Director's dealing

RNS Number : 9189E

Mulberry Group PLC

14 April 2011

 

Mulberry Group plc

Director's dealing

Mulberry Group plc ("Mulberry" or the "Company") was notified today that Roger Mather, Group Finance Director of Mulberry, has today exercised options over 78,000 ordinary shares of 5 pence each in the Company (the "Ordinary Shares"). The exercise of these options will be satisfied through the admission of new Ordinary Shares, as previously announced today. In addition, he has surrendered for cash, options over 52,000 Ordinary Shares at an amount equal to 1,275 pence per Ordinary Share less the grant price of 144.7 pence per Ordinary Share. These options were granted under the Company's Share Option Scheme on 14 April 2008.

The Company was also notified today that Roger Mather has today disposed of 78,000 Ordinary Shares at a price of 1,275 pence per Ordinary Share.

Following these transactions, Roger Mather holds 120,000 options under the Company's Share Option Scheme, 250,000 Ordinary Shares under Mulberry's Co-Ownership Plan, 39,104 unvested deferred Ordinary Shares and 39,104 unvested matching nil cost options both under the Company's Deferred Bonus Plan. Roger Mather also owns 4,178 Ordinary Shares, representing 0.01% of the Company's issued Ordinary Shares.

Enquiries:

Pelham Bell Pottinger
Dan de Belder / Lucy Frankland	0207 861 3232
Altium Capital
Ben Thorne / Melanie Szalkiewicz	0207 484 4040

 

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