Burberry Group PLC Director/PDMR Shareholding (3325N)

TIDMBRBY

RNS Number : 3325N

Burberry Group PLC

08 August 2017

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

The Company announces that it was notified on 7 August 2017 that on 7 August 2017 Christopher Bailey, a director of the Company, exercised a nil cost option over 174,050 Ordinary Shares of 0.05p each in the Company ("Shares") granted to him on 14 June 2013 as a Nil Cost Option Award (the "Exercise").

 
 Director       Number of          Total number   Number of sold 
                 Shares received    of Shares      Shares to cover 
                                    sold           tax liabilities 
-------------  -----------------  -------------  ----------------- 
 Christopher 
  Bailey        174,050            174,050        81,804 
-------------  -----------------  -------------  ----------------- 
 

Following this Exercise, and on the same day, Christopher Bailey subsequently sold 174,050 Shares, at a price of GBP17.9736 per Share (the "Sale"). 81,804 of these Shares were to fund the tax liabilities arising on the Exercise.

8 August 2017

The following disclosures are made in accordance with Article 19 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   Initial notification 
       /Amendment 
---  ---------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  -------------------------------------------------------------- 
 a)   Name                   Burberry Group plc 
---  ---------------------  --------------------------------------- 
 b)   LEI                    N/A 
---  ---------------------  --------------------------------------- 
 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              Ordinary shares of 0.05 pence 
       of the financial         each 
       instrument, 
       type of instrument 
       Identification           GB0031743007 
       code 
---  -----------------------  ------------------------------------- 
 b)   Nature of                Exercise of Nil Cost Option 
       the transaction          Award granted on 14 June 2013 
---  -----------------------  ------------------------------------- 
 c)   Price(s) and               Price(s)    Volume(s) 
       volume(s)                 ----------  ---------- 
                                  Nil         174,050 
                                 ----------  ---------- 
---  -----------------------  ------------------------------------- 
 d)   Aggregated                 Aggregate   Aggregate   Aggregate 
       information                 Price       Volume      Total 
                                 ----------  ----------  ---------- 
       - Aggregated               Nil         174,050     Nil 
       volume                    ----------  ----------  ---------- 
 
       - Price 
---  -----------------------  ------------------------------------- 
 e)   Date of the              2017-08-07 
       transaction 
---  -----------------------  ------------------------------------- 
 f)   Place of the             Outside a trading venue 
       transaction 
---  -----------------------  ------------------------------------- 
 
 
 
 
 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   Initial notification 
       /Amendment 
---  ---------------------  ---------------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------------------- 
 a)   Name                   Burberry Group plc 
---  ---------------------  ---------------------------------------------- 
 b)   LEI                    N/A 
---  ---------------------  ---------------------------------------------- 
 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              Ordinary shares of 0.05 pence 
       of the financial         each 
       instrument, 
       type of instrument 
       Identification           GB0031743007 
       code 
---  -----------------------  -------------------------------------------- 
 b)   Nature of                Sale of shares 
       the transaction 
---  -----------------------  -------------------------------------------- 
 c)   Price(s) and               Price(s)      Volume(s) 
       volume(s)                 ------------  ---------- 
                                  GBP17.9736    174,050 
                                 ------------  ---------- 
---  -----------------------  -------------------------------------------- 
 d)   Aggregated                 Aggregate    Aggregate   Aggregate 
       information                 Price        Volume      Total 
                                 -----------  ----------  ---------------- 
       - Aggregated               GBP17.9736   174,050     GBP3,128,305.08 
       volume                    -----------  ----------  ---------------- 
 
       - Price 
---  -----------------------  -------------------------------------------- 
 e)   Date of the              2017-08-07 
       transaction 
---  -----------------------  -------------------------------------------- 
 f)   Place of the             XLON 
       transaction 
---  -----------------------  -------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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August 08, 2017 04:00 ET (08:00 GMT)