21st Aug 2014 11:35
LONDON (Alliance News) - Luxury fashion retailer Burberry Group PLC Thursday said Chief Executive Officer Christopher Bailey exercised options over 288,120 shares under the company Co-Investment Plan Wednesday, and sold 211,904 shares at a price of 1,466.99 pence per share in a deal worth approximately GBP3.1 million.
The company also said Bailey was awarded 100,000 shares under the Burberry Senior Executive Restricted Share Plan, and sold 73,547 shares at the same price in a deal worth about GBP1.1 million.
Bailey holds 303,110 shares.
Burberry shares were trading at 1,448.00 pence, down 0.1%, midday Thursday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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