Burberry Group PLC Director/PDMR Shareholding (3325N)
08 August 2017 - 6:00PM
UK Regulatory
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
END
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