REG - Burberry Group PLC - Director/PDMR Shareholding

BurberryAnnouncement

20/05/2019 14:30

RNS Number : 5909Z
Burberry Group PLC
20 May 2019
 


Burberry Group plc (the "Company") - Director/PDMR Shareholding
 
The Company announces that it received notification on 20 May 2019 that Julie Brown, Chief Operating and Financial Officer and a director of the Company, exercised a nil-cost option over 8,250 Ordinary Shares of 0.05p each in the Company ("Shares") granted to her on 30 January 2017.
 
Following this exercise, and on the same day, Julie Brown subsequently sold a total of 3,893 of these newly acquired Shares, at a price of £18.10791 per Share (the "Sale"), to fund the tax and fees arising on the exercise, as set out below.
 
 




Director


Number of Shares received


Number of Shares sold to cover tax and fees




Julie Brown


8,250


3,893




 
 
20 May 2019
 
The following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
Notification of dealing form




1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Julie Brown




2


Reason for the notification




a)


Position/status


Chief Operating and Financial 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
Identification code


Ordinary shares of 0.05 pence each
 
 
GB0031743007




b)


Nature of the transaction


Exercise of a nil-cost share option granted on 30 January 2017 and acquisition of shares




c)


Price(s) and volume(s)


 




Price(s)


Volume(s)




Nil
 


8,250




 
 




d)


Aggregated information
 
- Aggregated volume
 
- Price
 


 




Aggregate Price


Aggregate Volume


Aggregate
Total




Nil
 


8,250


N/A




 




e)


Date of the transaction


2019-05-20
 




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
 
 
GB0031743007




b)


Nature of the transaction


Sale of shares




c)


Price(s) and volume(s)


 




Price(s)


Volume(s)




£18.10791


3,893




 
 




d)


Aggregated information
 
- Aggregated volume
 
- Price
 


 




Aggregate Price


Aggregate Volume


Aggregate
Total




£18.10791


3,893


£70,494.09




 




e)


Date of the transaction


2019-05-20
 




f)


Place of the transaction


XLON




 
                                                                             




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