REG - Burberry Group PLC - Director/PDMR Shareholding

BurberryAnnouncement

30/06/2022 12:30

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RNS Number : 8574Q  Burberry Group PLC  30 June 2022

Burberry Group plc

(the "Company")

 

Director/PDMR Shareholding

 

On 30 June 2022, the Company was notified of the following transactions by
Directors/persons discharging managerial responsibilities ("PDMR"):

 

Jonathan Akeroyd, Chief Executive Officer and a director of the Company,
received 101,377 ordinary shares of 0.05p each in the Company ("Shares")
following the vesting of an 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. This award was bespoke and granted in
reliance on FCA Listing Rule 9.4.2(2) to facilitate recruitment, on terms
similar to Burberry Share Plan 2020 awards.

 

Following this vesting and acquisition, on the same day, Jonathan Akeroyd
subsequently sold a total of 49,037 of the newly acquired Shares, at a price
of £16.190796 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  101,377                    49,037                                       52,340

 

30 June 2022

 

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                                           Vesting of conditional share award granted on 15 March 2022 in reliance on FCA
                                                                         Listing Rule 9.4.2(2) and subsequent acquisition of Shares
 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                         Nil       101,377

 

 d)  Aggregated information

Aggregate Price  Aggregate Volume  Aggregate

     - Aggregated volume                                                                   Total

                                                                   Nil              101,377           Nil

     - Price

 e)  Date of the transaction                                             2022-06-30
 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)
                                                                         £16.190796   49,037

 

 d)  Aggregated information

Aggregate Price  Aggregate Volume  Aggregate

     - Aggregated volume                                                                   Total

                                                                   £16.190796       49,037            £793,948.06

     - Price

 e)  Date of the transaction                                             2022-06-30

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

 

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 Aggregate Price  Aggregate Volume  Aggregate

                                    Total
 Nil              101,377           Nil

e)

Date of the transaction

2022-06-30

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)
 £16.190796   49,037

 

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 Aggregate Price  Aggregate Volume  Aggregate

                                    Total
 £16.190796       49,037            £793,948.06

e)

Date of the transaction

2022-06-30

 

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

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