Burberry Group PLC

Major Shareholding Notification • Aug 3, 2021

National Storage Mechanism | Additional information

RNS Number : 4515H

Burberry Group PLC

03 August 2021

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

On 2 August 2021, the Company was notified of the following transactions by Directors/persons discharging managerial responsibilities ("PDMR"):

Julie Brown, Chief Operating and Financial Officer and a director of the Company, exercised a nil-cost option over 2,787 ordinary shares of 0.05p each in the Company ("Shares") granted to her on 31 July 2018, under the Burberry Group plc Executive Share Plan 2014.

Following this exercise, and on the same day, Julie Brown subsequently sold a total of 1,330 of the newly acquired Shares, at a price of £21.07 per Share, to fund the tax and fees arising from the exercise, as set out below.

Director	Number of Shares acquired	Number of Shares sold to cover tax and fees	Number of Shares retained
Julie Brown	2,787	1,330	1,457

On 2 August 2021, Julie Brown also transferred 2,047 Shares between her nominee accounts, with no change to the beneficial ownership of the Shares, and sold a total of 2 Shares at a price of £21.25 per Share to fund the fees arising from this transfer.  

Gianluca Flore, President of Americas & Global Retail Excellence and a PDMR of the Company, acquired 889 Shares on 2 August 2021, pursuant to a vesting of the conditional share award granted to him on 31 July 2018, under the Burberry Group plc Executive Share Plan 2014.

Gianluca Flore subsequently sold 340 of the newly acquired Shares, at a price of £21.01 per Share, to fund the tax and fees arising from the acquisition, as set out below.

PDMR	Number of Shares acquired	Number of Shares sold to cover tax and fees	Number of Shares retained
Gianluca Flore	889	340	549

3 August 2021

The following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

Notification of dealing forms

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Julie Brown

2

Reason for the notification

a)

Position/status

Chief Operating and Financial 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

Exercise of a nil-cost Share option granted on 31 July 2018 and subsequent acquisition of Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	2,787

d)

Aggregated information

- Aggregated volume

- Price

Aggregate Price	Aggregate Volume	Total Cost
Nil	2,787	Nil

e)

Date of the transaction

2021-08-02

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

GB0031743007

b)

Nature of the transaction

Sale of shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£21.07	1,330
£21.25	2

d)

Aggregated information

- Aggregated volume

- Price

Aggregate Price	Aggregate Volume	Total Cost
£21.07	1,330	£28,023.10
£21.25	2	£42.50

e)

Date of the transaction

2021-08-02

f)

Place of the transaction

London Stock Exchange (XLON)

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

Transfer of Shares between nominee accounts with no change to the beneficial ownership of the Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
N/A	2,047

d)

Aggregated information

- Aggregated volume

- Price

Aggregate Price	Aggregate Volume	Aggregate Total Cost
N/a	2,047	N/a

e)

Date of the transaction

2021-08-02

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Gianluca Flore

2

Reason for the notification

a)

Position/status

President of Americas & Global Retail Excellence 

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

Acquisition of Shares following a vesting of a conditional share award granted on 31 July 2018 under the Burberry Group plc Executive Share Plan 2014

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	889

d)

Aggregated information

- Aggregated volume

- Price

Price	Aggregated Volume	Total Cost
Nil	889	Nil

e)

Date of the transaction

2021-08-02

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)
£21.01	340

d)

Aggregated information

- Aggregated volume

- Price

Price	Aggregated Volume	Total Cost
£21.01	340	£7,143.40

e)

Date of the transaction

2021-08-02

f)

Place of the transaction

London Stock Exchange (XLON)

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