Grant under 2008 Unapproved Share Option Scheme

RNS Number : 9180J

Mulberry Group PLC

10 April 2015

 



Mulberry Group plc ("Mulberry" or the "Group")

Grant under 2008 Unapproved Share Option Scheme

On 10 April 2015 the Board of Mulberry granted under the Mulberry Group plc 2008 Unapproved Share Option Scheme 230,415 options (the "New Options") over ordinary shares of 5 pence each in the Company (the "Ordinary Shares") to Thierry Andretta the Company's new Chief Executive Officer.

The exercise price for the New Options is 868 pence per share being the closing mid-market price of Mulberry Group plc's shares on 9 April 2015. The New Options will vest on 1 January 2018 and will be exercisable between 1 January 2018 and 10 April 2025. 

Apart from the New Options, Thierry Andretta has no other beneficial interest in the Company's shares.

FOR FURTHER DETAILS PLEASE CONTACT:

Bell Pottinger
Daniel de Belder / Joanna Boon	0203 772 2561 / 0203 772 2499
Mulberry Investor Relations
Kate Anthony Wilkinson	01761 234 531
Altium
Sam Fuller / Tim Richardson	0207 484 4040
Barclays
Marcus Jackson / Nicola Tennent	0203 134 8370

 

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