Mulberry Group PLC Director's Dealing and Additional Listing (7844K)
August 01 2013 - 12:30PM
UK Regulatory
TIDMMUL
RNS Number : 7844K
Mulberry Group PLC
01 August 2013
1 August 2013
Mulberry Group plc
Director's Dealing and Application for Admission of Ordinary
Shares
Mulberry Group plc ("Mulberry" or the "Company") has been
notified that Godfrey Davis, Non Executive Chairman, has exercised
options over a total of 11,069 ordinary shares of 5 pence each in
the Company (the "Ordinary Shares") as follows:
Scheme Number of Exercise
Options Price
--------------------------------------- ---------- ---------
Mulberry Group plc Deferred Bonus Plan 11,069 nil cost
--------------------------------------- ---------- ---------
Under the terms of the Company's share option schemes, Godfrey
Davis has agreed to receive cash (net of the exercise price of the
relevant options) in lieu of Ordinary Shares, which will be
satisfied through the issue and sale of 11,069 new Ordinary Shares
by the Company. 7,922 of these new Ordinary Shares were
conditionally placed on 31 July 2013 at a price of GBP9.68 per
Ordinary Share and 3,147 of these new Ordinary Shares were
conditionally placed today, 1 August 2013, at a price of
GBP9.625.
Following this transaction, Godfrey Davis' beneficial interest
in the Company consists of 718,527 Ordinary Shares representing
1.20% of the Company's issued Ordinary Shares. Godfrey Davis also
holds vested rights over 300,000 Ordinary Shares under Mulberry's
Co-Ownership Plan, 18,298 vested nil cost options under the
Company's Deferred Bonus Plan and 90,000 options under the
Company's 2008 Unapproved Share Option Scheme.
Pursuant to the exercise of options and issue and sale of new
Ordinary Shares noted above, the Company has made an application to
the London Stock Exchange for 11,069 new Ordinary Shares to be
admitted to AIM. The new Ordinary Shares will rank pari passu in
all respects with the existing Ordinary Shares in issue. It is
expected that admission of 7,922 new Ordinary Shares will take
place on 7 August 2013 and that admission of 3,147 new Ordinary
Shares will take place on 8 August 2013.
Enquiries:
Pelham Bell Pottinger
Dan de Belder / Lucy Miles 0207 861 3232
Altium
Ben Thorne / Katherine Hobbs 0207 484 4040
Barclays Capital
Jon Bathard-Smith 0207 623 2323
Mulberry Investor Relations
Amelia Fincher 0207 605 6771
This information is provided by RNS
The company news service from the London Stock Exchange
END
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