Burberry Group PLC

Director's Dealing • Oct 31, 2017

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RNS Number : 0954V

Burberry Group PLC

31 October 2017

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

The Company announces that on 31 October 2017 Christopher Bailey, a director of the Company, decided to surrender various awards held by him under the Company's share plans, as set out below in light of the fact he will be stepping down from the Board, and on 31 December 2018 leaving the Company.

·      120,791 shares that were granted on 22 July 2015 under the Executive Share Plan;

·      215,318 shares that were granted on 30 January 2017 under the Executive Share Plan;

·      207,687 shares that were granted on 31 July 2017 under the Executive Share Plan;

·      3,591 shares that were granted on 12 June 2014 under the Restricted Share Plan award; and

·    283,163 shares that were granted to him as part of the 2014 exceptional performance based award granted to him on 12 June 2014.

At yesterday's closing price, the total value of the surrender is £16 million.

31 October 2017

The following disclosures are made in accordance with Article 19.3 of the EU Market Abuse Regulation 596/2014.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Christopher Bailey

2

Reason for the notification

a)

Position/status

President and Chief Creative 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

GB0031743007

b)

Nature of the transaction

Surrender (for nil consideration) of nil-cost options/awards over:

(i)         120,791 shares that were granted on 22 July 2015 under the Executive Share Plan;

(ii)         215,318 shares that were granted on 30 January 2017 under the Executive Share Plan;

(iii)        207,687 shares that were granted on 31 July 2017 under the Executive Share Plan;

(iv)        3,591 shares that were granted on 12 June 2014 under the Restricted Share Plan; and

(v)         283,163 shares that were granted to him as part of the 2014 exceptional performance based award granted to him on 12 June 2014.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	120,791
Nil	215,318
Nil	207,687
Nil	3,591
Nil	283,163

d)

Aggregated information

- Aggregated volume

- Price

Aggregate Price	Aggregate Volume	Aggregate Total
Nil	830,550	Nil

e)

Date of the transaction

2017-10-31

f)

Place of the transaction

Outside a trading venue

This information is provided by RNS

The company news service from the London Stock Exchange

END

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