Burberry Group PLC has announced that Jonathan Akeroyd, the Chief Executive Officer and a director of the company, received 24,643 ordinary shares in the company following the vesting of a conditional award granted to him on 15 March 2022. Additionally, he received 2,736 dividend equivalent shares, bringing the total number of shares acquired to 27,379. Akeroyd subsequently sold 12,911 of the newly acquired shares at a price of £9.741411 per share to cover the tax and fees arising from the vesting and acquisition. As a result, he retained 14,468 shares.
These transactions were made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014 as it forms part of UK law. The acquisition of shares and the sale of shares took place on 17 June 2024, outside a trading venue. The aggregated total for the sale of shares amounted to £125,771.36.
This information was disclosed as part of the regulatory requirements and can be found on the company's official website.