REG - Burberry Group PLC - Director/PDMR Shareholding

BurberryAnnouncement

03/01/2024 15:15

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RNS Number : 5635Y  Burberry Group PLC  03 January 2024

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

 

The Company has today been notified of the following transactions by
Directors/persons discharging managerial responsibilities ("PDMR"):

 

Jonathan Akeroyd, Chief Executive Officer and a director of the Company,
received 49,291 ordinary shares of 0.05p each in the Company ("Shares")
following the vesting of a conditional award granted to him on 15 March 2022,
as part of the buy-out awards he received on joining the Company for
forfeiting awards on resignation from his former employer. On vesting of the
award, Mr Akeroyd also received 3,987 dividend equivalent Shares giving a
total number of Shares acquired of 53,278.  This award was granted under the
rules of the Burberry Share Plan 2020.

 

Following this vesting and acquisition, on the same day, Jonathan Akeroyd
subsequently sold a total of 25,111 of the newly acquired Shares, at a price
of £13.6407 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
 Jonathan Akeroyd  53,278                     25,111                                       28,167

 

3 January 2024

 

 

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                                                         Jonathan Akeroyd
 2   Reason for the notification
 a)  Position/status                                              Chief Executive 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 shares following the vesting of a conditional share award over
                                                                  49,291 Shares granted on 15 March 2022 under the rules of the Burberry Share
                                                                  Plan 2020, plus 3,987 dividend equivalent Shares.
 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                  £Nil      53,278

 

 d)  Aggregated information

Aggregate Price  Aggregate Volume  Aggregate

     - Aggregated volume                                                            Total

                                                            £Nil             53,278            £Nil

     - Price

 e)  Date of the transaction                                      2024-01-03
 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)
                                                                  £13.6407   25,111

 

 d)  Aggregated information

Aggregate Price  Aggregate Volume  Aggregate

     - Aggregated volume                                                            Total

                                                            £13.6407         25,111            £342,531.62

     - Price

 e)  Date of the transaction                                      2024-01-03

 f)  Place of the transaction                                     London Stock Exchange (XLON)

 

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 Aggregate Price  Aggregate Volume  Aggregate

                                    Total
 £Nil             53,278            £Nil

e)

Date of the transaction

2024-01-03

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)
 £13.6407   25,111

 

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 Aggregate Price  Aggregate Volume  Aggregate

                                    Total
 £13.6407         25,111            £342,531.62

e)

Date of the transaction

2024-01-03

 

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

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