Burberry Group plc (the "Company") - Director/PDMR Shareholdings
The Company has been notified of the following transactions by a person discharging managerial responsibilities ("PDMR"):
On 31 July 2023, Gianluca Flore, Chief Commercial Officer, received 3,474 ordinary shares of 0.05p each in the Company ("Shares") following the vesting of a conditional award granted to him on 31 July 2019. This award was granted under the rules of the Burberry Group plc Executive Share Plan 2014 ("ESP").
Following this acquisition, Gianluca Flore subsequently sold a total of 1,446 of the newly acquired Shares, at a price of £22.1427 per Share, to fund the tax and fees arising from the vesting and acquisition, as set out below.
Director |
Number of Shares acquired |
Number of Shares sold to cover tax and fees |
Number of Shares retained |
Gianluca Flore |
3,474 |
1,446 |
2,028 |
31 July 2023
The following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014 as it forms part of UK law.
Notification of dealing form
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||
a) |
Name |
Gianluca Flore |
|
2 |
Reason for the notification |
||
a) |
Position/status |
Chief Commercial Officer |
|
b) |
Initial notification /Amendment |
Initial notification |
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
a) |
Name |
Burberry Group plc |
|
b) |
LEI |
213800PE1KEFCNFR1R50 |
|
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 of the financial instrument, type of instrument Identification code |
Ordinary shares of 0.05 pence each ("Shares") GB0031743007 |
|
b) |
Nature of the transaction |
Acquisition of 3,474 Shares following the vesting of a conditional share award granted on 31 July 2019 under the rules of the Burberry Group plc Executive Share Plan 2014 |
|
c) |
Price(s) and volume(s) |
||
Price(s) |
Volume(s) |
||
£nil |
3,474 |
||
d) |
Aggregated information - Aggregated volume - Price |
||
Aggregate Price |
Aggregate Volume |
Aggregate Total |
|
£nil |
3,474 |
£nil |
|
e) |
Date of the transaction |
2023-07-31 |
|
f) |
Place of the transaction |
Outside a trading venue |
|
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 of the financial instrument, type of instrument Identification code |
Ordinary shares of 0.05 pence each ("Shares") GB0031743007 |
|
b) |
Nature of the transaction |
Sale of Shares |
|
c) |
Price(s) and volume(s) |
||
Price(s) |
Volume(s) |
||
£22.1427 |
1,446 |
||
d) |
Aggregated information - Aggregated volume - Price |
||
Aggregate Price |
Aggregate Volume |
Aggregate Total |
|
£22.1427 |
1,446 |
£32,018.34 |
|
e) |
Date of the transaction |
2023-07-31 |
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
|
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. ENDDSHFLFIDDTILVIV
Supplied Euroland.com - Privacy Policy