Burberry Group PLC

Major Shareholding Notification • Jun 17, 2013

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RNS Number : 1744H

Burberry Group PLC

17 June 2013

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

The notifications listed below were received under Paragraph 3.1.2 of the Disclosure and Transparency Rules.

The Company announces that it was notified on 14 June 2013 of changes in the interests of directors and persons discharging managerial responsibilities ("PDMR") in the Ordinary Shares of 0.05p each in the Company, as set out below.

1.   In accordance with the rules of the Burberry Group plc Co-Investment Plan (the "CIP"), the directors and PDMRs named below have opted to invest their bonus for the year ended 31 March 2013 (after deduction of tax and NI as applicable) in ordinary shares in the Company of 0.05p each ("Shares") and have subsequently been granted nil cost options and awards over Shares ("2013 Matching Shares").

Following the purchases set out below, the grant of nil cost options and awards of 2013 Matching Shares were made on 14 June 2013 under the CIP as follows:

Directors	Number of Shares acquired	Contingent interests in Matching Shares
Angela Ahrendts	59,689	170,116
PDMRs	Number of Shares acquired	Contingent interests in Matching Shares
Jan Heppe	3,234	5,732
Andrew Maag	21,514	61,316
Pascal Perrier	41,063	62,027

Shares were purchased on behalf of directors and PDMRs in London between 10 June and 14 June 2013 pursuant to a trading plan, entered into on 7 June 2013, at an average price of 1362.3 pence per share.

The 2013 Matching Shares do not vest for three years and are subject to performance conditions. If the directors or PDMRs resign during the three year holding period their rights to the 2013 Matching Shares will be forfeited.

2.   In accordance with the rules of the CIP, on 10 June 2013 directors and PDMRs exercised nil cost options and received awards under the CIP granted on 9 June 2010 ("2010 Matching Shares") as follows:

Directors	Number of Shares received	Number of Shares sold
Stacey Cartwright	214,944	214,944
PDMRs	Number of Shares received	Number of Shares sold
Jan Heppe	19,278	9,079
Andrew Maag	132,617	132,617
Pascal Perrier	174,986	-

The 2010 Matching Shares were sold on behalf of the directors and PDMRs in London between 10 June and 14 June 2013 pursuant to a trading plan, entered into on 7 June 2013, at an average price of 1362.3 pence per share.

3.   In accordance with the rules of the Burberry Senior Executive Restricted Share Plan 2004 (the "RSP"), on 14 June 2013 the directors and PDMRs named below were granted nil-cost options or rights over Shares:

Directors	Number of Shares
Angela Ahrendts	157,343
John Smith	63,653
PDMRs	Number of Shares
Jan Heppe	30,256
Andrew Maag	55,473
Pascal Perrier	53,628

50% of each award will vest on the third anniversary of grant, 25% on the fourth and 25% on the fifth, subject to the achievement of performance conditions.

4.   In accordance with the rules of the RSP, on 10 June 2013 the following directors and PDMRs exercised options or received awards as set out below: 

Directors	Date of grant	Number of shares received	Number of shares sold
Stacey Cartwright	10 August 2006	10,076	10,076
27 November 2006	2,521	2,521
11 June 2007	15,746	15,746
1 June 2009	66,250	66,250
10 June 2010	33,930	33,930
PDMRs	Date of grant	Number of shares received	Number of shares sold
Jan Heppe	1 June 2009	6,250	6,250
10 June 2010	13,050	13,050
Andrew Maag	1 June 2009	43,750	43,750
10 June 2010	26,100	26,100
Pascal Perrier	1 June 2009	50,000	50,000
10 June 2010	25,447	-

Shares were sold in London between 10 June and 14 June 2013 pursuant to a trading plan, entered into on 7 June 2013, at an average price of 1362.3 pence per share.

5.   Jan Heppe received 20,000 Shares at an exercise price of 258 pence per Share, following the exercise of an option on 10 June 2013 granted under the Burberry Group plc Executive Share Option Scheme 2002. 20,000 Shares were subsequently sold in London between 10 June and 14 June 2013 pursuant to a trading plan, entered into on 7 June 2013, at an average price of 1362.3 pence per share.

6.   Jan Heppe received 60 Shares, following the vesting of an award under the Burberry Group plc International Freeshare Plan on 10 June 2013. 60 Shares were subsequently sold in London between 10 June and 14 June 2013 pursuant to a trading plan, entered into on 7 June 2013, at an average price of 1362.3 pence per share.

7.   Andrew Maag sold 37,532 Shares in London between 10 June and 14 June 2013 pursuant to a trading plan, entered into on 7 June 2013, at an average price of 1362.3pence per share.

17 June 2013

This information is provided by RNS

The company news service from the London Stock Exchange

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