Burberry Group plc (the "Company") - Director/PDMR Shareholdings
The Company was notified on 17 August 2021 that Gianluca Flore, a person discharging managerial responsibilities ("PDMR"), exercised a nil cost option over 23 ordinary shares of 0.05 pence each ("Shares") granted to him on 31 July 2018 under the Company's International Free Share Plan 2003 (the "Exercise").
Following the Exercise, and on the same day, Gianluca subsequently sold 9 of the newly acquired Shares, at a price of £20.37 per Share, to fund the tax and fees arising from the Exercise, as set out below.
| PDMR | Number of Shares acquired | Number of Shares sold to cover tax and fees | Number of Shares retained |
| Gianluca Flore | 23 | 9 | 14 |
17 August 2021
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
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||
| a) | Name | Gianluca Flore | |||||||
| 2 | Reason for the notification | ||||||||
| a) | Position/status | President of Americas & Global Retail Excellence | |||||||
| b) | Initial notification /Amendment | Initial notification | |||||||
| 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 the financial instrument, type of instrument Identification code | Ordinary shares of 0.05 pence each ("Shares")
GB0031743007 | |||||||
| b) | Nature of the transaction | Exercise of option granted on 31 July 2018 under the Burberry Group plc International Free Share Plan 2003 and subsequent acquisition of Shares | |||||||
| c) | Price(s) and volume(s) |
| |||||||
| d) | Aggregated information
- Aggregated volume
- Price
|
| |||||||
| e) | Date of the transaction | 2021-08-17 | |||||||
| 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 the financial instrument, type of instrument Identification code | Ordinary shares of 0.05 pence each ("Shares")
GB0031743007 | |||||||
| b) | Nature of the transaction | Sale of Shares | |||||||
| c) | Price(s) and volume(s) |
| |||||||
| d) | Aggregated information
- Aggregated volume
- Price
|
| |||||||
| e) | Date of the transaction | 2021-08-17
| |||||||
| f) | Place of the transaction | London Stock Exchange (XLON) | |||||||
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
