Burberry Group PLC Director/PDMR Shareholding (8958C)
June 15 2023 - 10:28AM
UK Regulatory
TIDMBRBY
RNS Number : 8958C
Burberry Group PLC
15 June 2023
Burberry Group plc (the "Company") - Director/PDMR
Shareholdings
The Company has today been notified of the following
transactions by Directors/persons discharging managerial
responsibilities ("PDMR"):
Jonathan Akeroyd, Chief Executive Officer and a director of the
Company, received 79,439 ordinary shares of 0.05p each in the
Company ("Shares") following the vesting of a conditional award
granted to him on 15 March 2022, as part of the buy-out awards he
received on joining the Company for forfeiting awards on
resignation from his former employer. On vesting of the award, Mr
Akeroyd also received 1,871 dividend equivalent Shares giving a
total number of Shares acquired of 81,310. This award was granted
under the rules of the Burberry Share Plan 2020.
Following this vesting and acquisition, on the same day,
Jonathan Akeroyd subsequently sold a total of 38,312 of the newly
acquired Shares, at a price of GBP22.5826 per Share, to fund the
tax and fees arising from the vesting and acquisition, as set out
below.
Director Number of Number of Number of Shares
Shares acquired Shares sold retained
to cover tax
and fees
Jonathan
Akeroyd 81,310 38,312 42,998
----------------- -------------- -----------------
15 June 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
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Jonathan Akeroyd
------------------------- ------------------------------------------------
Reason for the notification
2
---------------------------------------------------------------------------
a) Position/status Chief Executive Officer
------------------------- ------------------------------------------------
b) Initial notification Initial notification
/Amendment
------------------------- ------------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
---------------------------------------------------------------------------
a) Name Burberry Group plc
------------------------- ------------------------------------------------
b) LEI 213800PE1KEFCNFR1R50
------------------------- ------------------------------------------------
Details of the transaction(s): section to be repeated
4 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 Vesting of conditional share award over
transaction 79,439 Shares granted on 15 March 2022
under the rules of the Burberry Share
Plan 2020 plus 1,871 dividend equivalent
Shares.
--------------------------- ----------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP22.5826 81,310
----------
--------------------------- ----------------------------------------------
d) Aggregated information Aggregate Aggregate Aggregate
Price Volume Total
- Aggregated volume GBP22.5826 81,310 GBP1,836,191.21
---------- ----------------
- Price
--------------------------- ----------------------------------------------
e) Date of the transaction 2023-06-15
--------------------------- ----------------------------------------------
f) Place of the transaction Outside a trading venue
--------------------------- ----------------------------------------------
Details of the transaction(s): section to be repeated
4 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)
GBP22.5826 38,312
----------
--------------------------- ----------------------------------------------
d) Aggregated information Aggregate Aggregate Aggregate
Price Volume Total
- Aggregated volume GBP22.5826 38,312 GBP865,184.57
---------- --------------
- Price
--------------------------- ----------------------------------------------
e) Date of the transaction 2023-06-15
--------------------------- ----------------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--------------------------- ----------------------------------------------
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END
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