MULBERRY GROUP PLC

Remuneration Information • Jul 19, 2023

National Storage Mechanism | Additional information

RNS Number : 4311G

Mulberry Group PLC

19 July 2023

19 July 2023

Mulberry Group plc

Grant under 2008 Unapproved Share Option Scheme

Mulberry Group plc ("Mulberry" or the "Company") announces that, on 18 July 2023, 350,000 options (the "New Options") over ordinary shares of 5 pence each in the Company ("Ordinary Shares") were granted to Thierry Andretta, Chief Executive Officer, pursuant to the Mulberry Group plc 2008 Unapproved Share Option Scheme.

The exercise price for each of the New Options is 249 pence, being the average closing price of an Ordinary Share over the month ending 17 July 2023. The New Options will vest on 18 July 2026. 

Following the grant of the New Options, Thierry Andretta's beneficial interest in the Company consists of:

·    48,689 Ordinary Shares, representing 0.08% of the Ordinary Shares in issue;

·    vested rights over 650,415 Ordinary Shares under Mulberry's 2008 Unapproved Share Option Scheme; and  

·    350,000 unvested options also under the Company's 2008 Unapproved Share Option Scheme.

60,077,458 Ordinary Shares with voting rights has been used as the denominator for the calculation of Thierry Andretta's interest in the issued Ordinary Shares.

For further information, please contact: Mulberry Group plc Charles Anderson (Group Finance Director)	+44 (0) 20 7605 6793
Houlihan Lokey UK Limited (Financial Adviser and NOMAD) Tim Richardson	+44 (0) 20 7484 4040
Headland (Public Relations) Lucy Legh / Joanna Clark	+44 (0) 20 3805 4822

The Company publicly discloses the following notification pursuant to the UK Market Abuse Regulations:

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Thierry Andretta

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

Mulberry Group plc

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

Options over Ordinary Shares

GB0006094303

b)

Nature of the transaction

Award made pursuant to the Mulberry Group plc 2008 Unapproved Share Option Scheme

c)

Price(s) and volume(s)

Price(s)	Volume(s)
249 pence	350,000

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

18 July 2023

f)

Place of the transaction

Outside a trading venue

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