Burberry Group PLC

Director's Dealing • Aug 16, 2021

National Storage Mechanism | Additional information

RNS Number : 7554I

Burberry Group PLC

16 August 2021

Burberry Group plc (the "Company") - Director/PDMR Shareholdings

The Company received notification on 13 August 2021 that Marco Gobbetti, a director and person discharging managerial responsibilities ("PDMR"), exercised nil cost options over 53,829 ordinary shares of 0.05 pence each ("Shares") granted to him on 30 January 2017 under the Company's Executive Share Plan 2014 ("ESP"), 4,744 Shares granted to him on 31 July 2018 under the ESP and 34,696 Shares granted to him as an exceptional award on 8 February 2018 (the "Exceptional Award" and together the "Exercises"). As announced by the Company on 9 February 2018, the Exceptional Award was granted as part of the buy-out of incentives forfeited by Mr Gobbetti on leaving his previous employer, as agreed by the Remuneration Committee and announced by the Company on 11 July 2016.

Following the Exercises, and on the same day, Marco subsequently sold 16,371 of the newly acquired Shares, at a price of £21.342553 per Share and 27,628 of the newly acquired Shares at a price of £21.283218 per Share, to fund the tax and fees arising from the Exercises, as set out below.

Director	Number of Shares acquired	Number of Shares sold to cover tax and fees	Number of Shares retained
Marco Gobbetti	93,269	43,999	49,270

16 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

Marco Gobbetti

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

Identification code

Ordinary shares of 0.05 pence each ("Shares")

GB0031743007

b)

Nature of the transaction

Exercise of option granted on 30 January 2017 under the Executive Share Plan 2014 and subsequent acquisition of Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	53,829

d)

Aggregated information

- Aggregated volume

- Price

Aggregate Price	Aggregate Volume	Aggregate Total
Nil	53,829	Nil

e)

Date of the transaction

2021-08-13

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

Exercise of option granted on 31 July 2018 under the Executive Share Plan 2014 and subsequent acquisition of Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	4,744

d)

Aggregated information

- Aggregated volume

- Price

Aggregate Price	Aggregate Volume	Aggregate Total
Nil	4,744	Nil

e)

Date of the transaction

2021-08-13

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

Exercise of option granted on 8 February 2018 as an exceptional award in connection with recruitment to the role of Chief Executive Officer and subsequent acquisition of shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	34,696

d)

Aggregated information

- Aggregated volume

- Price

Aggregate Price	Aggregate Volume	Aggregate Total
Nil	34,696	Nil

e)

Date of the transaction

2021-08-13

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)
£21.342553	16,371
£21.283218	27,628

d)

Aggregated information

- Aggregated volume

- Price

Aggregate Price	Aggregate Volume	Aggregate Total
£21.342553	16,371	£349,398.94
£21.283218	27,628	£588,012.75

e)

Date of the transaction

2021-08-13

f)

Place of the transaction

London Stock Exchange (XLON)

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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.

END

DSHFIFVATSIRLIL