MULBERRY GROUP PLC

Share Issue/Capital Change • Dec 12, 2014

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RNS Number : 6760Z

Mulberry Group PLC

12 December 2014

Mulberry Group plc

Grants under 2008 Unapproved Share Option Scheme

Mulberry Group plc ("Mulberry" or the "Company") announces that the Board of Mulberry granted yesterday, under the Mulberry Group plc 2008 Unapproved Share Option Scheme, options (the "New Options") over ordinary shares of 5 pence each in the Company (the "Ordinary Shares") to Roger Mather (Group Finance Director) and other members of the broader management team as set out below: 

	Number of New Options granted
Roger Mather	70,000
Other senior employees	234,400
Total	304,400

The exercise price for the New Options is 757.75 pence per share being Mulberry Group plc's closing share price on 10 December 2014. The New Options will vest on 30 June 2017 and will be exercisable between 30 June 2017 and 10 December 2024. 

In addition to his New Options, Roger Mather's beneficial interest in the Company consists of 183,687 Ordinary Shares representing 0.31% of the Ordinary Shares in issue. Roger Mather also holds vested rights over 50,000 Ordinary Shares under Mulberry's Co-Ownership Plan, 3,253 vested matching nil cost options under the Company's Deferred Bonus Plan and 51,690 unvested nil cost options under the Company's Long Term Incentive Plan.

59,997,458 Ordinary Shares with voting rights has been used as the denominator for the calculation of Roger Mather's interest in the issued Ordinary Shares.

Enquiries:

Pelham Bell Pottinger
Kashara Taylor	0203 7722 593
Altium
Ben Thorne	0207 484 4040
Barclays
Marcus Jackson / Nicola Tennent	0203 623 2323 / 0203 134 8370
Mulberry Investor Relations
Allegra Perry	0207 605 6795

This information is provided by RNS

The company news service from the London Stock Exchange

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