Burberry Group PLC Director/PDMR Shareholding (9127T)

TIDMBRBY

RNS Number : 9127T

Burberry Group PLC

23 July 2015

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

The notifications listed below were received under Paragraph 3.1.2 of the Disclosure and Transparency Rules.

The Company announces that it was notified on 22 July 2015 of changes in the interests of directors and persons discharging managerial responsibilities ("PDMR") in the Ordinary Shares of 0.05p each in the Company ("Shares"), as set out below.

1. In accordance with the rules of the Burberry Group plc Executive Share Plan (the "ESP"), on 22 July 2015 the directors and PDMRs named below were granted nil-cost options or conditional awards over Shares:

 
 Directors             Number of Shares 
--------------------  ----------------- 
 Christopher Bailey    241,581 
--------------------  ----------------- 
 Carol Fairweather     78,435 
--------------------  ----------------- 
 John Smith            92,867 
--------------------  ----------------- 
 PDMRs                 Number of Shares 
--------------------  ----------------- 
 Jan Heppe             50,675 
--------------------  ----------------- 
 Andrew Maag           145,513 
--------------------  ----------------- 
 Pascal Perrier        135,724 
--------------------  ----------------- 
 

50% of each award will vest on the third anniversary of grant, and 50% on the fourth anniversary of grant, subject to the achievement of performance conditions.

2. In accordance with the rules of the Burberry Senior Executive Restricted Share Plan 2004 (the "RSP"), on 21 July 2015 the following directors and PDMRs exercised options or received awards as set out below:

 
 Directors            Date of grant    Number of shares received   Number of shares sold (including to cover tax 
                                                                   liabilities) 
-------------------  ---------------  --------------------------  ---------------------------------------------------- 
 Carol Fairweather    25 June 2008     6,250                       6,250 
-------------------  ---------------  --------------------------  ---------------------------------------------------- 
  10 June 2010                         6,525                       6,525 
 -----------------------------------  --------------------------  ---------------------------------------------------- 
 PDMRs                Date of grant    Number of shares received   Number of shares sold (including to cover tax 
                                                                   liabilities) 
-------------------  ---------------  --------------------------  ---------------------------------------------------- 
 Jan Heppe            20 June 2011     4,144                       4,144 
-------------------  ---------------  --------------------------  ---------------------------------------------------- 
 Andrew Maag          10 June 2010     13,050                      13,050 
-------------------  ---------------  --------------------------  ---------------------------------------------------- 
 

Shares were sold on behalf of the directors and PDMRs in London between 21 July and 22 July 2015 pursuant to a trading plan, entered into on 20 July 2015, at a price of 1585.53 pence per share.

3. In accordance with the rules of the Burberry Group plc Co-Investment Plan (the "CIP"), on 21 July 2015 directors and PDMRs exercised nil cost options and received awards under the CIP granted on 18 July 2012 as follows:

 
 Directors             Number of Shares received   Number of Shares sold (including to cover tax liabilities) 
--------------------  --------------------------  ----------------------------------------------------------- 
 Christopher Bailey    235,151                     110,992 
--------------------  --------------------------  ----------------------------------------------------------- 
 Carol Fairweather     24,134                      24,134 
--------------------  --------------------------  ----------------------------------------------------------- 
 PDMRs                 Number of Shares received   Number of Shares sold (including to cover tax liabilities) 
--------------------  --------------------------  ----------------------------------------------------------- 
 Jan Heppe             7,414                       7,414 
--------------------  --------------------------  ----------------------------------------------------------- 
 Andrew Maag           77,476                      77,476 
--------------------  --------------------------  ----------------------------------------------------------- 
 Pascal Perrier        98,317                      98,317 
--------------------  --------------------------  ----------------------------------------------------------- 
 

Shares were sold on behalf of the directors and PDMRs in London between 21 July and 22 July 2015 pursuant to a trading plan, entered into on 20 July 2015, at a price of 1585.53 pence per share.

4. On 21 July 2015, Christopher Bailey exercised a nil-cost option over 350,000 Shares granted on 8 December 2010 as follows:

 
 Directors             Number of Shares received   Number of Shares sold to cover tax liabilities 
--------------------  --------------------------  ----------------------------------------------- 
 Christopher Bailey    350,000                     165,200 
--------------------  --------------------------  ----------------------------------------------- 
 

Shares were sold on behalf of Christopher Bailey in London between 21 July and 22 July 2015 pursuant to a trading plan, entered into on 20 July 2015, at a price of 1585.53 pence per share.

5. John Smith purchased 11,938 Shares in London between 21 July and 22 July 2015 pursuant to a trading plan, entered into on 20 July 2015, at a price of 1585.53 pence per share.

6. Christopher Bailey sold 61,721 Shares in London between 21 July and 22 July 2015 pursuant to a trading plan, entered into on 20 July 2015, at a price of 1585.53 pence per share.

7. Pascal Perrier sold 24,205 Shares in London between 21 July and 22 July 2015 pursuant to a trading plan, entered into on 20 July 2015, at a price of 1585.53 pence per share.

Following the above transactions, the directors and PDMRs will hold the following Shares:

 
 Name                  Number of Shares 
--------------------  ----------------- 
 Christopher Bailey    552,000 
--------------------  ----------------- 
 Carol Fairweather     67,963 
--------------------  ----------------- 
 John Smith            36,235 
--------------------  ----------------- 
 Jan Heppe             116,938 
--------------------  ----------------- 
 Andrew Maag           80,157 
--------------------  ----------------- 
 Pascal Perrier        113,225 
--------------------  ----------------- 
 

23 July 2015

This information is provided by RNS

The company news service from the London Stock Exchange

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