Burberry Group plc has announced changes in the interest of directors and persons discharging managerial responsibilities (PDMRs) in the company's ordinary shares. On December 14, 2023, directors and PDMRs were granted shares at nil-cost under the Burberry Group plc Share Incentive Plan. The directors and PDMRs who were granted shares include Jonathan Akeroyd, Kate Ferry, and Gianluca Flore, with each receiving 33 shares. Additionally, Kate Ferry was granted an option over 1,484 shares at an option price of £12.50 per share under the Burberry Group plc Sharesave Plan 2011. The option will become exercisable on February 1, 2027.
The transactions were made outside a trading venue, and the aggregate volume and price for each transaction were nil. The notifications were made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
No further information or details were provided in the announcement.