REG - Burberry Group PLC - Director/PDMR Shareholding

BurberryAnnouncement

15/06/2023 15:30

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RNS Number : 8958C  Burberry Group PLC  15 June 2023

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 79,439 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 1,871 dividend equivalent Shares giving a
total number of Shares acquired of 81,310.  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 38,312 of the newly acquired Shares, at a
price of £22.5826 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  81,310                     38,312                                       42,998

 

15 June 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                             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 over 79,439 Shares granted on 15 March 2022
                                                                       under the rules of the Burberry Share Plan 2020 plus 1,871 dividend
                                                                      equivalent Shares.
 c)  Price(s) and volume(s)

Price(s)   Volume(s)
                                                                      £22.5826   81,310

 

 d)  Aggregated information

Aggregate Price  Aggregate Volume  Aggregate

     - Aggregated volume                                                                Total

                                                                £22.5826         81,310            £1,836,191.21

     - Price

 e)  Date of the transaction                                          2023-06-15
 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)
                                                                      £22.5826   38,312

 

 d)  Aggregated information

Aggregate Price  Aggregate Volume  Aggregate

     - Aggregated volume                                                                Total

                                                                £22.5826         38,312            £865,184.57

     - Price

 e)  Date of the transaction                                          2023-06-15

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

 

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 Aggregate Price  Aggregate Volume  Aggregate

                                    Total
 £22.5826         81,310            £1,836,191.21

e)

Date of the transaction

2023-06-15

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)
 £22.5826   38,312

 

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 Aggregate Price  Aggregate Volume  Aggregate

                                    Total
 £22.5826         38,312            £865,184.57

e)

Date of the transaction

2023-06-15

 

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

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