15th Jul 2008 16:42
TR-1: Notifications of Major Interests in Shares
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
Burberry Group plc
2. Reason for the notification (please state Yes/No):
An acquisition or disposal of voting rights:
YES
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached:
NO
An event changing the breakdown of voting rights:
NO
3. Full name of person(s) subject to notification obligation:
Eminence Capital LLC
Ricky C Sandler
4. Full name of shareholder(s) (if different from 3) :
Goldman Sachs & Co
Morstan Nominees Ltd
5. Date of transaction (and date on which the threshold is crossed or reached if different):
10 July 2008
6. Date on which issuer notified:
14 July 2008
7. Threshold(s) that is/are crossed or reached:
3%
8a. Notified Details: The Funds
A: Voting rights attached to shares
|
Class/type of shares if possible use ISIN CODE |
Situation previous to the triggering transaction |
|
|
Eminence Capital LLC |
||
|
Ordinary Shares GB0031743007 |
Number of sharesBelow 3% |
Number of voting rights Below 3% |
|
Ricky C Sandler |
||
|
Ordinary Shares GB0031743007 |
Below 3% |
Below 3% |
|
Resulting situation after the triggering transaction |
|||||
|
Class/type of shares if possible use ISIN CODE |
Number of shares |
Number of voting rights |
% of voting rights |
||
|
Eminence Capital LLC |
|||||
|
Ordinary Shares GB0031743007 |
13,600,000 |
Direct |
Indirect13,600,000 |
Direct |
Indirect3.14% |
|
Ricky C Sandler |
|||||
|
Ordinary Shares GB0031743007 |
13,600,000 |
13,600,000 |
3.14% |
||
8b. Notified Details:
A: Voting rights attached to shares
|
Class/type of shares if possible use ISIN CODE |
Situation previous to the triggering transaction |
|
|
|
Number of shares |
Number of voting rights |
|
Resulting situation after the triggering transaction |
|||||
|
Class/type of shares if possible use ISIN CODE |
Number of shares |
Number of voting rights |
% of voting rights |
||
|
|
|
Direct |
Indirect |
Direct |
Indirect |
B: Financial Instruments
Resulting situation after the triggering transaction
|
Type of financial instrument |
Expiration date |
Exercise/conversion period/date |
No. of voting rights that may be acquired (if the instrument exercised/ converted) |
% of voting rights |
Total (A+B)
|
Number of voting rights |
% of voting rights |
|
Eminence Capital LLC |
|
|
13,600,000 |
3.14% |
|
Ricky C Sandler |
|
|
13,600,000 |
3.14% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable :
Ricky C Sandler is the Managing Member of Eminence Capital LLC and therefore may be deemed to have indirect voting power with respect to the shares directly owned by the funds managed by Eminence Capital LLC and individually with respect to shares over which Mr Sandler has investment discretion.
Proxy Voting:
10. Name of proxy holder:
N/A
11. Number of voting rights proxy holder will cease to hold:
N/A
12. Date on which proxy holder will cease to hold voting rights:
N/A
13. Additional information:
14. Contact name:
Kathryn Dickinson, Deputy Company Secretary, Burberry Group plc
15. Contact telephone number:
020 7968 5682
Related Shares:
Burberry