REG - Burberry Group PLC - Director/PDMR Shareholding

BurberryAnnouncement

26/07/2023 16:45

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RNS Number : 3090H  Burberry Group PLC  26 July 2023

Burberry Group plc (the "Company") - Director/PDMR Shareholdings

 

The Company has been notified of the following transactions by a person
discharging managerial responsibilities ("PDMR"):

 

On 24 July 2023, Gianluca Flore, Chief Commercial Officer, received 27,968
ordinary shares of 0.05p each in the Company ("Shares") following the vesting
of a conditional award granted to him on 20 August 2020.  On vesting of the
award, Mr Flore also received 1,998 dividend equivalent Shares giving a total
number of Shares acquired of 29,966.  This award was granted under the rules
of the Burberry Share Plan 2020.

 

Following this acquisition, on 25 July 2023, Gianluca Flore subsequently sold
a total of 13,368 of the newly acquired Shares, at a price of £21.8488 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
 Gianluca Flore  29,966                     13,368                                       16,598

 

26 July 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                             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      Ordinary shares of 0.05 pence each ("Shares")

     Identification code

                                                                      GB0031743007
 b)  Nature of the transaction                                        Acquisition of 29,966 Shares following the vesting of a conditional share
                                                                      award over 27,968 Shares granted on 20 August 2020 under the rules of the
                                                                      Burberry Share Plan 2020 plus 1,998 dividend equivalent Shares.
 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                      £nil      29,966

 

 d)  Aggregated information

Aggregate Price  Aggregate Volume  Aggregate

     - Aggregated volume                                                                Total

                                                                £nil             29,966            £654,721.14

     - Price

 e)  Date of the transaction                                          2023-07-24
 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)
                                                                      £21.8488   13,368

 

 d)  Aggregated information

Aggregate Price  Aggregate Volume  Aggregate

     - Aggregated volume                                                                Total

                                                                £21.8488         13,368            £292,074.76

     - Price

 e)  Date of the transaction                                          2023-07-25

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

 

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 Aggregate Price  Aggregate Volume  Aggregate

                                    Total
 £nil             29,966            £654,721.14

e)

Date of the transaction

2023-07-24

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)
 £21.8488   13,368

 

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 Aggregate Price  Aggregate Volume  Aggregate

                                    Total
 £21.8488         13,368            £292,074.76

e)

Date of the transaction

2023-07-25

 

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

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