REG - Mulberry Group PLC - Grant under 2008 Unapproved Share Option Scheme

MulberryAnnouncement

19/07/2023 07:00

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RNS Number : 4311G  Mulberry Group PLC  19 July 2023

19 July 2023

 

 

Mulberry Group plc

Grant under 2008 Unapproved Share Option Scheme

 

Mulberry Group plc ("Mulberry" or the "Company") announces that, on 18 July
2023, 350,000 options (the "New Options") over ordinary shares of 5 pence each
in the Company ("Ordinary Shares") were granted to Thierry Andretta, Chief
Executive Officer, pursuant to the Mulberry Group plc 2008 Unapproved Share
Option Scheme.

 

The exercise price for each of the New Options is 249 pence, being the average
closing price of an Ordinary Share over the month ending 17 July 2023. The New
Options will vest on 18 July 2026.

 

Following the grant of the New Options, Thierry Andretta's beneficial interest
in the Company consists of:

·    48,689 Ordinary Shares, representing 0.08% of the Ordinary Shares in
issue;

·    vested rights over 650,415 Ordinary Shares under Mulberry's 2008
Unapproved Share Option Scheme; and

·    350,000 unvested options also under the Company's 2008 Unapproved
Share Option Scheme.

 

60,077,458 Ordinary Shares with voting rights has been used as the denominator
for the calculation of Thierry Andretta's interest in the issued Ordinary
Shares.

 

 For further information, please contact:

 Mulberry Group plc

 Charles Anderson (Group Finance Director)                 +44 (0) 20 7605 6793

 Houlihan Lokey UK Limited (Financial Adviser and NOMAD)

 Tim Richardson                                            +44 (0) 20 7484 4040

 Headland (Public Relations)

 Lucy Legh / Joanna Clark                                  +44 (0) 20 3805 4822

 

 

The Company publicly discloses the following notification pursuant to the UK
Market Abuse Regulations:

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Thierry Andretta

 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                                                         Mulberry Group plc

 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  Options over Ordinary Shares

      Identification code

                                                                    GB0006094303

 b)   Nature of the transaction                                    Award made pursuant to the Mulberry Group plc 2008 Unapproved Share Option

                                                            Scheme

 c)   Price(s) and volume(s)

Price(s)   Volume(s)

                                                                   249 pence  350,000

 
 d)   Aggregated information

      - Aggregated volume                                          N/A

      - Price

 e)   Date of the transaction                                      18 July 2023

 f)   Place of the transaction                                     Outside a trading venue

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

N/A

e)

 

Date of the transaction

 

18 July 2023

f)

 

Place of the transaction

 

Outside a trading venue

 

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