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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 £16.176762 per Share, to fund the tax and fees arising from the vesting
and acquisition, as set out below.
Director Number of Shares acquired Number of Shares sold to cover tax and fees Number of Shares retained
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
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Jonathan Akeroyd
2 Reason for the notification
a) Position/status Chief Executive Officer
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 Ordinary shares of 0.05 pence each ("Shares")
Identification code
GB0031743007
b) Nature of the transaction Vesting of conditional share award granted 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 Price Aggregate Volume Aggregate
- Aggregated volume Total
Nil 71,106 Nil
- Price
e) Date of the transaction 2022-06-15
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 Ordinary shares of 0.05 pence each ("Shares")
Identification code
GB0031743007
b) Nature of the transaction Sale of Shares
c) Price(s) and volume(s)
Price(s) Volume(s)
£16.176762 34,395
d) Aggregated information
Aggregate Price Aggregate Volume Aggregate
- Aggregated volume Total
£16.176762 34,395 £556,399.73
- Price
e) Date of the transaction 2022-06-15
f) Place of the transaction London Stock Exchange (XLON)
d)
Aggregated information
- Aggregated volume
- Price
Aggregate Price Aggregate Volume Aggregate
Total
Nil 71,106 Nil
e)
Date of the transaction
2022-06-15
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)
Price(s) Volume(s)
£16.176762 34,395
d)
Aggregated information
- Aggregated volume
- Price
Aggregate Price Aggregate Volume Aggregate
Total
£16.176762 34,395 £556,399.73
e)
Date of the transaction
2022-06-15
f)
Place of the transaction
London Stock Exchange (XLON)
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