Burberry Group PLC Director/PDMR Shareholding (5635Y)
January 03 2024 - 10:08AM
UK Regulatory
TIDMBRBY
RNS Number : 5635Y
Burberry Group PLC
03 January 2024
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 49,291 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 3,987 dividend equivalent Shares giving a
total number of Shares acquired of 53,278. 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 25,111 of the newly
acquired Shares, at a price of GBP13.6407 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 53,278 25,111 28,167
----------------- -------------- -----------------
3 January 2024
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 Acquisition of shares following the vesting
transaction of a conditional share award over 49,291
Shares granted on 15 March 2022 under
the rules of the Burberry Share Plan
2020, plus 3,987 dividend equivalent
Shares.
------------------------- ----------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBPNil 53,278
----------
------------------------- ----------------------------------------------
d) Aggregated information Aggregate Aggregate Aggregate
Price Volume Total
- Aggregated volume GBPNil 53,278 GBPNil
---------- ----------
- Price
------------------------- ----------------------------------------------
e) Date of the transaction 2024-01-03
------------------------- ----------------------------------------------
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)
GBP13.6407 25,111
----------
------------------------- ----------------------------------------------
d) Aggregated information Aggregate Aggregate Aggregate
Price Volume Total
- Aggregated volume GBP13.6407 25,111 GBP342,531.62
---------- --------------
- Price
------------------------- ----------------------------------------------
e) Date of the transaction 2024-01-03
------------------------- ----------------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
------------------------- ----------------------------------------------
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END
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