8th Aug 2017 09:00
Burberry Group plc (the "Company") - Director/PDMR Shareholdings
The Company announces that it was notified on 7 August 2017 that on 7 August 2017 Christopher Bailey, a director of the Company, exercised a nil cost option over 174,050 Ordinary Shares of 0.05p each in the Company ("Shares") granted to him on 14 June 2013 as a Nil Cost Option Award (the "Exercise").
Director | Number of Shares received | Total number of Shares sold | Number of sold Shares to cover tax liabilities |
Christopher Bailey | 174,050 | 174,050 | 81,804 |
Following this Exercise, and on the same day, Christopher Bailey subsequently sold 174,050 Shares, at a price of £17.9736 per Share (the "Sale"). 81,804 of these Shares were to fund the tax liabilities arising on the Exercise.
8 August 2017
The following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||
a) | Name | Christopher Bailey | |||||||
2 | Reason for the notification | ||||||||
a) | Position/status | President and Chief Creative 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 | N/A | |||||||
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
GB0031743007 | |||||||
b) | Nature of the transaction | Exercise of Nil Cost Option Award granted on 14 June 2013 | |||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information
- Aggregated volume
- Price
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e) | Date of the transaction | 2017-08-07 | |||||||
f) | Place of the transaction | Outside a trading venue | |||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||
a) | Name | Christopher Bailey | |||||||
2 | Reason for the notification | ||||||||
a) | Position/status | President and Chief Creative 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 | N/A | |||||||
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
GB0031743007 | |||||||
b) | Nature of the transaction | Sale of shares | |||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information
- Aggregated volume
- Price
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e) | Date of the transaction | 2017-08-07 | |||||||
f) | Place of the transaction | XLON | |||||||
Related Shares:
Burberry