TIDMBRBY

RNS Number : 0355P

Burberry Group PLC

15 June 2022

Burberry Group plc

(the "Company")

Director/PDMR Shareholding

On 15 June 2022, the Company was notified of the following transactions by Directors/persons discharging managerial responsibilities ("PDMR"):

Jonathan Akeroyd, Chief Executive Officer and a director of the Company, received 71,106 ordinary shares of 0.05p each in the Company ("Shares") following the vesting of an 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. This award was bespoke and granted in reliance on FCA Listing Rule 9.4.2(2) to facilitate recruitment, on terms similar to Burberry Share Plan 2020 awards.

Following this vesting and acquisition, on the same day, Jonathan Akeroyd subsequently sold a total of 34,395 of the newly acquired Shares, at a price of GBP16.176762 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    71,106             34,395          36,711 
                    -----------------  --------------  ----------------- 
 

15 June 2022

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 grante 
       transaction                  d on 15 March 2022 in reliance on FCA 
                                    Listing Rule 9.4.2(2) and subsequent 
                                    acquisition of Shares 
     ---------------------------  ---------------------------------------------- 
 c)   Price(s) and volume(s)         Price(s)    Volume(s) 
                                      Nil         71,106 
                                                 ---------- 
     ---------------------------  ---------------------------------------------- 
 d)   Aggregated information         Aggregate   Aggregate   Aggregate 
                                       Price       Volume      Total 
       - Aggregated volume            Nil         71,106      Nil 
                                                 ----------  ---------- 
       - Price 
     ---------------------------  ---------------------------------------------- 
 e)   Date of the transaction      2022-06-15 
     ---------------------------  ---------------------------------------------- 
 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) 
                                      GBP16.176762    34,395 
                                                     ---------- 
     ---------------------------  ---------------------------------------------- 
 d)   Aggregated information         Aggregate      Aggregate   Aggregate 
                                       Price          Volume      Total 
       - Aggregated volume            GBP16.176762   34,395      GBP556,399.73 
                                                    ----------  -------------- 
       - Price 
     ---------------------------  ---------------------------------------------- 
 e)   Date of the transaction      2022-06-15 
     ---------------------------  ---------------------------------------------- 
 f)   Place of the transaction     London Stock Exchange (XLON) 
     ---------------------------  ---------------------------------------------- 
 
 

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END

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June 15, 2022 11:28 ET (15:28 GMT)

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