4th Mar 2010 12:05
Pursuant to DTR 3.1.4, Burberry Group plc (the "Company") received notice of changes to the Shareholding of the following Persons Discharging Managerial Responsibility ("PDMRs")
The Company has received notification from the following PDMRs that, on Tuesday 2 March 2010, nil-cost options granted under the Burberry Senior Executive Restricted Share Plan 2004 ("RSP") were exercised and they acquired the number of ordinary shares of 0.05 pence each in the Company ("Shares") set out in the table below.
The Company has also received notification that on 2 March 2010, that the number of Shares specified in the table below were sold to cover the tax liabilities and dealing costs arising on behalf of the PDMRs specified in the table below pursuant to trading plans entered into on 18 February 2010. Details of these transactions are set out below.
|
Name of PDMR |
Number of Shares acquired on exercise |
Number of Shares sold at 635.0179p per share |
Number of remaining Shares |
|
Stacey Cartwright |
27,605 |
11,346 |
16,259 |
|
Joy Frommer |
2,656 |
1,068 |
1,591 |
The Company has received notification from Angela Ahrendts, a PDMR, that, on Tuesday 2 March 2010, a nil-cost option, granted in accordance with the terms of her service agreement and the terms of the RSP, was exercised and she acquired the number of Shares set out in the table below.
The Company has also received notification that on 2 March 2010, that the number of Shares specified in the table below were sold to cover the tax liabilities and dealing costs arising on behalf of Ms Ahrendts, pursuant to a trading plan entered into on 18 February 2010. Details of this transaction are set out below.
|
Name of PDMR |
Number of Shares acquired on exercise |
Number of Shares sold at 635.0179p per share |
Number of remaining Shares |
|
Angela Ahrendts |
79,449 |
32,656 |
46,793 |
The Company has received notification from the following PDMRs that, on Tuesday 2 March 2010, matching nil-cost options granted under the Burberry Group plc Co-Investment Plan were exercised and they acquired the number Shares set out in the table below.
The Company has also received notification that on 2 March 2010 that the number of Shares specified in the table below were sold to cover the tax liabilities and dealing costs arising on behalf of the PDMRs specified in the table below pursuant to trading plans entered into on 18 February 2010. Details of these transactions are set out below.
|
Name of PDMR |
Number of Shares subject to matching share option |
Number of Shares sold at 635.0179p per share |
Number of remaining Shares |
|
Angela Ahrendts |
280,123 |
115,139 |
164,984 |
|
Stacey Cartwright |
128,479 |
52,809 |
75,670 |
|
Joy Frommer |
24,241 |
9,721 |
14,520 |
Following these transactions:
(1) Angela Ahrendts has an interest in 431,939 Shares and options and awards over 1,972,073
Shares.
(2) Stacey Cartwright has an interest in 404,439 Shares and options and awards over 889,558 Shares.
(3) Joy Frommer has an interest in 83,131 Shares and options and awards over 515,744 Shares.
The Company received notification of these transactions on 3 March 2010.
These announcements are made pursuant to DTR 3.1.4.
Related Shares:
Burberry