Burberry Group plc (the "Company") - Director/PDMR Shareholdings
The Company announces that it has today been notified of changes in the interest of directors and persons discharging managerial responsibilities ("PDMRs") in the Ordinary Shares of 0.05p each in the Company ("Shares"), as set out below.
On 14 December 2023, in accordance with the rules of the Burberry Group plc Share Incentive Plan ("SIP") the directors and PDMR named below were granted Shares at nil-cost. The Share price used to calculate the number of Shares granted was £15.0125:
| Directors/PDMRs |
| Number of Shares granted under the SIP |
| Jonathan Akeroyd | | 33 |
| Kate Ferry | | 33 |
| Gianluca Flore | | 33 |
On 14 December 2023, Kate Ferry was also granted an option over 1,484 Shares at an option price of £12.50 per Share in accordance with the rules of the Burberry Group plc Sharesave Plan 2011 (the "Option"). The Option will normally become exercisable on 1 February 2027.
14 December 2023
The following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
| 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 Identification code | Ordinary shares of 0.05 pence each
GB0031743007 | |||||||
| b) | Nature of the transaction | Grant of an award of ordinary shares at nil cost under the Burberry Group plc Share Incentive Plan | |||||||
| c) | Price(s) and volume(s) |
| |||||||
| d) | Aggregated information
- Aggregated volume
- Price
|
| |||||||
| e) | Date of the transaction | 2023-12-14 | |||||||
| f) | Place of the transaction | Outside a trading venue | |||||||
| | | | | ||||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||
| a) | Name | Catherine Ferry | |||||||
| 2 | Reason for the notification | ||||||||
| a) | Position/status | Chief Financial 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 0.05 pence each
GB0031743007 | |||||||
| b) | Nature of the transaction | Grant of an award of ordinary shares at nil cost under the Burberry Group plc Share Incentive Plan | |||||||
| c) | Price(s) and volume(s) |
| |||||||
| d) | Aggregated information
- Aggregated volume
- Price
|
| |||||||
| e) | Date of the transaction | 2023-12-14 | |||||||
| f) | Place of the transaction | Outside a trading venue | |||||||
| | | | | ||||||
| 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 0.05 pence each
GB0031743007 | |||||||
| b) | Nature of the transaction | Grant of an award of ordinary shares at nil cost under the Burberry Group plc Share Incentive Plan | |||||||
| c) | Price(s) and volume(s) |
| |||||||
| d) | Aggregated information
- Aggregated volume
- Price
|
| |||||||
| e) | Date of the transaction | 2023-12-14 | |||||||
| f) | Place of the transaction | Outside a trading venue | |||||||
| | | | | ||||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||
| a) | Name | Catherine Ferry | |||||||
| 2 | Reason for the notification | ||||||||
| a) | Position/status | Chief Financial 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 0.05 pence each
GB0031743007 | |||||||
| b) | Nature of the transaction | Grant of an option over 1,484 ordinary shares under the Burberry Group plc Sharesave Plan 2011 at an exercise price of £12.50 per Share | |||||||
| c) | Price(s) and volume(s) |
| |||||||
| d) | Aggregated information
- Aggregated volume
- Price
|
| |||||||
| e) | Date of the transaction | 2023-12-14 | |||||||
| f) | Place of the transaction | Outside a trading venue | |||||||
| | | | | ||||||
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