TIDMBRBY

RNS Number : 4515H

Burberry Group PLC

03 August 2021

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

On 2 August 2021, the Company was notified of the following transactions by Directors/persons discharging managerial responsibilities ("PDMR"):

Julie Brown, Chief Operating and Financial Officer and a director of the Company, exercised a nil-cost option over 2,787 ordinary shares of 0.05p each in the Company ("Shares") granted to her on 31 July 2018, under the Burberry Group plc Executive Share Plan 2014.

Following this exercise, and on the same day, Julie Brown subsequently sold a total of 1,330 of the newly acquired Shares, at a price of GBP21.07 per Share, to fund the tax and fees arising from the exercise, as set out below.

 
 Director       Number of Shares   Number of Shares   Number of Shares 
                 acquired           sold to cover      retained 
                                    tax and fees 
 Julie Brown    2,787              1,330              1,457 
               -----------------  -----------------  ----------------- 
 

On 2 August 2021, Julie Brown also transferred 2,047 Shares between her nominee accounts, with no change to the beneficial ownership of the Shares, and sold a total of 2 Shares at a price of GBP21.25 per Share to fund the fees arising from this transfer.

Gianluca Flore, President of Americas & Global Retail Excellence and a PDMR of the Company, acquired 889 Shares on 2 August 2021, pursuant to a vesting of the conditional share award granted to him on 31 July 2018, under the Burberry Group plc Executive Share Plan 2014.

Gianluca Flore subsequently sold 340 of the newly acquired Shares, at a price of GBP21.01 per Share, to fund the tax and fees arising from the acquisition, as set out below.

 
 PDMR              Number of Shares   Number of Shares   Number of Shares 
                    acquired           sold to cover      retained 
                                       tax and fees 
 Gianluca Flore    889                340                549 
                  -----------------  -----------------  ----------------- 
 

3 August 2021

The following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

Notification of dealing forms

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                       Julie Brown 
     -------------------------  ---------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------- 
 a)   Position/status            Chief Operating and Financial Officer 
     -------------------------  ---------------------------------------------- 
 b)   Initial notification       Initial notification 
       /Amendment 
     -------------------------  ---------------------------------------------- 
 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               Ordinary shares of 0.05 pence each 
       the financial 
       instrument, type 
       of instrument                GB0031743007 
       Identification 
       code 
     ---------------------------  -------------------------------------------- 
 b)   Nature of the                Exercise of a nil-cost Share option granted 
       transaction                  on 31 July 2018 and subsequent acquisition 
                                    of Shares 
     ---------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s)         Price(s)    Volume(s) 
                                      Nil         2,787 
                                                 ---------- 
     ---------------------------  -------------------------------------------- 
 d)   Aggregated information         Aggregate   Aggregate   Total Cost 
                                       Price       Volume 
       - Aggregated volume            Nil         2,787       Nil 
                                                 ----------  ----------- 
       - Price 
     ---------------------------  -------------------------------------------- 
 e)   Date of the transaction      2021-08-02 
     ---------------------------  -------------------------------------------- 
 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               Ordinary shares of 0.05 pence each 
       the financial 
       instrument, type 
       of instrument                GB0031743007 
       Identification 
       code 
     ---------------------------  -------------------------------------------- 
 b)   Nature of the                Sale of shares 
       transaction 
     ---------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s)         Price(s)    Volume(s) 
                                      GBP21.07    1,330 
                                                 ---------- 
                                      GBP21.25    2 
                                                 ---------- 
     ---------------------------  -------------------------------------------- 
 d)   Aggregated information         Aggregate   Aggregate   Total Cost 
                                       Price       Volume 
       - Aggregated volume            GBP21.07    1,330       GBP28,023.10 
                                                 ----------  ------------- 
       - Price                        GBP21.25    2           GBP42.50 
                                                 ----------  ------------- 
     ---------------------------  -------------------------------------------- 
 e)   Date of the transaction      2021-08-02 
     ---------------------------  -------------------------------------------- 
 f)   Place of the transaction     London Stock Exchange (XLON) 
     ---------------------------  -------------------------------------------- 
 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               Ordinary shares of 0.05 pence each 
       the financial 
       instrument, type 
       of instrument                GB0031743007 
       Identification 
       code 
     ---------------------------  -------------------------------------------- 
 b)   Nature of the                Transfer of Shares between nominee accounts 
       transaction                  with no change to the beneficial ownership 
                                    of the Shares 
     ---------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s)         Price(s)    Volume(s) 
                                      N/A         2,047 
                                                 ---------- 
     ---------------------------  -------------------------------------------- 
 d)   Aggregated information         Aggregate   Aggregate   Aggregate 
                                       Price       Volume      Total Cost 
       - Aggregated volume            N/a         2,047       N/a 
                                                 ----------  ------------ 
       - Price 
     ---------------------------  -------------------------------------------- 
 e)   Date of the transaction      2021-08-02 
     ---------------------------  -------------------------------------------- 
 f)   Place of the transaction     Outside a trading venue 
     ---------------------------  -------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                       G ianluca Flore 
     -------------------------  ------------------------------------------------ 
 2    Reason for the notification 
     --------------------------------------------------------------------------- 
 a)   Position/status            President of Americas & Global Retail 
                                  Excellence 
     -------------------------  ------------------------------------------------ 
 b)   Initial notification       Initial notification 
       /Amendment 
     -------------------------  ------------------------------------------------ 
 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               Ordinary shares of 0.05 pence each 
       the financial 
       instrument, type 
       of instrument                GB0031743007 
       Identification 
       code 
     ---------------------------  ---------------------------------------------- 
 b)   Nature of the                Acquisition of Shares following a vesting 
       transaction                  of a conditional share award granted 
                                    on 31 July 2018 under the Burberry Group 
                                    plc Executive Share Plan 2014 
     ---------------------------  ---------------------------------------------- 
 c)   Price(s) and volume(s)         Price(s)    Volume(s) 
                                      Nil         889 
                                                 ---------- 
     ---------------------------  ---------------------------------------------- 
 d)   Aggregated information         Price   Aggregated   Total Cost 
                                               Volume 
       - Aggregated volume            Nil     889          Nil 
                                             -----------  ----------- 
       - Price 
     ---------------------------  ---------------------------------------------- 
 e)   Date of the transaction      2021-08-02 
     ---------------------------  ---------------------------------------------- 
 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               Ordinary shares of 0.05 pence each ("Shares") 
       the financial 
       instrument, type 
       of instrument                GB0031743007 
       Identification 
       code 
     ---------------------------  ---------------------------------------------- 
 b)   Nature of the                Sale of Shares 
       transaction 
     ---------------------------  ---------------------------------------------- 
 c)   Price(s) and volume(s)         Price(s)    Volume(s) 
                                      GBP21.01    340 
                                                 ---------- 
     ---------------------------  ---------------------------------------------- 
 d)   Aggregated information         Price      Aggregated   Total Cost 
                                                  Volume 
       - Aggregated volume            GBP21.01   340          GBP7,143.40 
                                                -----------  ------------ 
       - Price 
     ---------------------------  ---------------------------------------------- 
 e)   Date of the transaction      2021-08-02 
     ---------------------------  ---------------------------------------------- 
 f)   Place of the transaction     London Stock Exchange (XLON) 
     ---------------------------  ---------------------------------------------- 
 

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