Gusbourne Regulatory News (GUS)

13 Dec 2005 18:14

Burberry Group PLC13 December 2005 13 December 2005 Burberry Group plc ("the Company") has today received: (i) a notification from GUS Holdings Limited ("GUS Holdings") pursuant to Section 198 of the Companies Act 1985 ("the Act") that it no longer has a notifiable interest (within the meaning of section 199(2) of the Act) in the ordinary share capital of the Company ("the Ordinary Shares"); (ii) a notification from GUS plc ("GUS") that it is interested (for the purposes of Sections 208 and 209 of the Act) in 306,696,704 Ordinary Shares. That notification identified GUS Holdings as the registered holder of those shares; and (iii)a notification from GUS pursuant to Section 198 of the Act that it no longer has a notifiable interest (within the meaning of section 199 (2) of the Act) in the Ordinary Shares. The notifications referred to above were made in connection with the demerger ofthe GUS group's interest in the Company ("the Demerger") which was approved byshareholders of the Company and GUS at extraordinary general meetings heldyesterday. In connection with the Demerger, on 11 December 2005 GUS acquired an interest in306,696,704 Ordinary Shares (the notifications referred to in paragraphs (i) and(ii) above relating to this acquisition). Legal title in those shares wastransferred from GUS Holdings to GUS on 12 December 2005. Today GUS distributedOrdinary Shares to its shareholders under the Demerger by way of a dividend inspecie (the notification referred to in paragraph (iii) above relating to thisdistribution). This information is provided by RNS The company news service from the London Stock Exchange