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 24 July 2023, Gianluca Flore, Chief Commercial Officer, received 27,968 ordinary shares of 0.05p each in the Company ("Shares") following the vesting of a conditional award granted to him on 20 August 2020. On vesting of the award, Mr Flore also received 1,998 dividend equivalent Shares giving a total number of Shares acquired of 29,966. This award was granted under the rules of the Burberry Share Plan 2020.
Following this acquisition, on 25 July 2023, Gianluca Flore subsequently sold a total of 13,368 of the newly acquired Shares, at a price of £21.8488 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 |
29,966 |
13,368 |
16,598 |
26 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 29,966 Shares following the vesting of a conditional share award over 27,968 Shares granted on 20 August 2020 under the rules of the Burberry Share Plan 2020 plus 1,998 dividend equivalent Shares. |
|
c) |
Price(s) and volume(s) |
||
Price(s) |
Volume(s) |
||
£nil |
29,966 |
||
d) |
Aggregated information - Aggregated volume - Price |
||
Aggregate Price |
Aggregate Volume |
Aggregate Total |
|
£nil |
29,966 |
£654,721.14 |
|
e) |
Date of the transaction |
2023-07-24 |
|
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) |
||
£21.8488 |
13,368 |
||
d) |
Aggregated information - Aggregated volume - Price |
||
Aggregate Price |
Aggregate Volume |
Aggregate Total |
|
£21.8488 |
13,368 |
£292,074.76 |
|
e) |
Date of the transaction |
2023-07-25 |
|
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. ENDDSHFLFSEDLIRFIV
Supplied Euroland.com - Privacy Policy