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RNS Number : 3090H Burberry Group PLC 26 July 2023
Burberry Group plc (the "Company") - Director/PDMR Shareholdings
The Company has been notified of the following transactions by a person
discharging managerial responsibilities ("PDMR"):
On 24 July 2023, Gianluca Flore, Chief Commercial Officer, received 27,968
ordinary shares of 0.05p each in the Company ("Shares") following the vesting
of a conditional award granted to him on 20 August 2020. On vesting of the
award, Mr Flore also received 1,998 dividend equivalent Shares giving a total
number of Shares acquired of 29,966. This award was granted under the rules
of the Burberry Share Plan 2020.
Following this acquisition, on 25 July 2023, Gianluca Flore subsequently sold
a total of 13,368 of the newly acquired Shares, at a price of £21.8488 per
Share, to fund the tax and fees arising from the vesting and acquisition, as
set out below.
Director Number of Shares acquired Number of Shares sold to cover tax and fees Number of Shares retained
Gianluca Flore 29,966 13,368 16,598
26 July 2023
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 Chief Commercial Officer
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 Ordinary shares of 0.05 pence each ("Shares")
Identification code
GB0031743007
b) Nature of the transaction Acquisition of 29,966 Shares following the vesting of a conditional share
award over 27,968 Shares granted on 20 August 2020 under the rules of the
Burberry Share Plan 2020 plus 1,998 dividend equivalent Shares.
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 29,966
d) Aggregated information
Aggregate Price Aggregate Volume Aggregate
- Aggregated volume Total
£nil 29,966 £654,721.14
- Price
e) Date of the transaction 2023-07-24
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 Ordinary shares of 0.05 pence each ("Shares")
Identification code
GB0031743007
b) Nature of the transaction Sale of Shares
c) Price(s) and volume(s)
Price(s) Volume(s)
£21.8488 13,368
d) Aggregated information
Aggregate Price Aggregate Volume Aggregate
- Aggregated volume Total
£21.8488 13,368 £292,074.76
- Price
e) Date of the transaction 2023-07-25
f) Place of the transaction London Stock Exchange (XLON)
d)
Aggregated information
- Aggregated volume
- Price
Aggregate Price Aggregate Volume Aggregate
Total
£nil 29,966 £654,721.14
e)
Date of the transaction
2023-07-24
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)
£21.8488 13,368
d)
Aggregated information
- Aggregated volume
- Price
Aggregate Price Aggregate Volume Aggregate
Total
£21.8488 13,368 £292,074.76
e)
Date of the transaction
2023-07-25
f)
Place of the transaction
London Stock Exchange (XLON)
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