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Pin to quick picksBurberry Regulatory News (BRBY)

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Director/PDMR Shareholding

29 Sep 2022 10:46

RNS Number : 1788B
Burberry Group PLC
29 September 2022
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Burberry Group plc (the "Company") - Director/PDMR Shareholdings

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The Company was notified on 29 September 2022 that Gianluca Flore, a person discharging managerial responsibilities ("PDMR"), exercised a nil cost option over 22 ordinary shares of 0.05 pence each ("Shares") granted to him on 31 July 2019 under the Company's International Free Share Plan 2003 (the "Exercise").

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Following the Exercise, and on the same day, Gianluca subsequently sold 11 of the newly acquired Shares, at a price of Β£17.765 per Share, to fund the tax and fees arising from the Exercise, as set out below.

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PDMR

Number of Shares acquired

Number of Shares sold to cover tax and fees

Number of Shares retained

Gianluca Flore

22

11

11

Β 

29 September 2022

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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

Chief Commercial 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 0.05Β pence each ("Shares")

Β 

Β 

GB0031743007

b)

Nature of the transaction

Exercise of option granted on 31 July 2019 under the Burberry Group plc International Free Share Plan 2003 and subsequent acquisition of Shares

c)

Price(s) and volume(s)

Β 

Price(s)

Volume(s)

Nil

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22

Β 

Β 

d)

Aggregated information

Β 

- Aggregated volume

Β 

- Price

Β 

Β 

Aggregate Price

Aggregate Volume

Aggregate

Total

Nil

Β 

22

Nil

e)

Date of the transaction

2022-09-29

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 0.05Β pence each ("Shares")

Β 

Β 

GB0031743007

b)

Nature of the transaction

Sale of Shares

c)

Price(s) and volume(s)

Β 

Price(s)

Volume(s)

Β£17.765

11

Β 

Β 

d)

Aggregated information

Β 

- Aggregated volume

Β 

- Price

Β 

Β 

Aggregate Price

Aggregate Volume

Aggregate

Total

Β£17.765

11

Β£195.42

e)

Date of the transaction

2022-09-29

Β 

f)

Place of the transaction

London Stock Exchange (XLON)

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This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
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END
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DSHFIFSAASIAFIF
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