REG - Burberry Group PLC - Director/PDMR Shareholding

BurberryAnnouncement

17/08/2021 13:00

RNS Number : 9180I
  
Burberry Group PLC
  
17 August 2021
  
 

Burberry Group plc (the "Company") - Director/PDMR Shareholdings
 
The Company was notified on 17 August 2021 that Gianluca Flore, a person discharging managerial responsibilities ("PDMR"), exercised a nil cost option over 23 ordinary shares of 0.05 pence each ("Shares") granted to him on 31 July 2018 under the Company's International Free Share Plan 2003 (the "Exercise"). 
 
Following the Exercise, and on the same day, Gianluca subsequently sold 9 of the newly acquired Shares, at a price of £20.37 per Share, to fund the tax and fees arising from the Exercise, as set out below. 
 



PDMR


Number of Shares acquired


Number of Shares sold to cover tax and fees


Number of Shares retained




Gianluca Flore


23


9


14



 
17 August 2021
 
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


President of Americas & Global Retail Excellence 




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 ("Shares")
 
 
GB0031743007




b)


Nature of the transaction


Exercise of option granted on 31 July 2018 under the Burberry Group plc International Free Share Plan 2003 and subsequent acquisition of Shares




c)


Price(s) and volume(s)


 



Price(s)


Volume(s)




Nil
 


23



 
 




d)


Aggregated information
 
- Aggregated volume
 
- Price
 


 



Aggregate Price


Aggregate Volume


Aggregate
Total




Nil
 


23


Nil








e)


Date of the transaction


2021-08-17




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)




£20.37


9



 
 




d)


Aggregated information
 
- Aggregated volume
 
- Price
 


 



Aggregate Price


Aggregate Volume


Aggregate
Total




£20.37


9


£183.33








e)


Date of the transaction


2021-08-17
 




f)


Place of the transaction


London Stock Exchange (XLON)









 

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