4th Mar 2014 14:32
LONDON (Alliance News) - Burberry PLC Tuesday said Chief Execective Officer Angela Ahrendts gifted 65,000 shares Monday to the Ahrendts-Couch Family Foundation UK, a registered charity.
The chairty then sold the shares at 1511.61 pence per Share, to enable the Foundation to make charitable donations. Following the sale the Ahrendts-Couch Family Foundation UK holds no shares.
Shares in the luxury goods retailer were trading up 2.5% at 1,549.00 pence Tuesday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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