Burberry Group PLC Director/PDMR Shareholding
31 Luglio 2024 - 11:25AM
RNS Regulatory News
RNS Number : 5812Y
Burberry Group PLC
31 July 2024
Burberry Group
plc
Director/PDMR
Shareholdings
Grant of awards under
the Burberry Group plc Burberry
Share Plan 2020 ( the "BSP")
Burberry Group plc (the "Company")
announces that conditional share awards over Ordinary Shares of
0.05 pence each ("Shares") in the Company were granted on 30 July
2024 (the "Grant Date") to the following Executive Directors and
Persons Discharging Managerial Responsibilities ("PDMRs") in
accordance with the rules of the BSP.
Executive Directors and
PDMRs:
|
|
|
Number of Shares
|
|
Joshua Schulman
|
Chief Executive Officer
|
212,531
|
|
Kate Ferry
|
Chief Financial Officer
|
110,353
|
In recognition of recent share price
volatility, especially following the announcement on 15 July 2024
of the Company's first quarter trading update, the conditional
share awards have been calculated using a share price of 917.51
pence, being the average share price for the 20 business days prior
to the announcement on 15 July 2024.
The conditional share awards will
vest on 30 July 2027, three years following the Grant Date, but
will be subject to a two-year holding period so that the minimum
time before any sale of shares (except to cover any tax liabilities
arising from the award on vesting) is five years.
The awards will be subject to
continued employment and performance underpins based on three key
areas: Revenue, Group Return on Invested Capital and brand and
sustainability strategies. The performance underpins will be tested
at the vesting date. If the Company does not meet one or more of
the performance underpins over the vesting period then the
Remuneration Committee would consider whether it was appropriate to
scale back the level of pay-out under the award to reflect
this. For further information please consult our FY 2023/24
Directors' Remuneration Report.
31 July 2024
The following disclosures are made
in accordance with Article 19 of the EU Market Abuse Regulation
596/2014 as it forms part of UK
law.
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Joshua Schulman
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief Executive 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
|
213800PE1KEFCNFR1R50
|
|
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
|
Grant of a conditional share award
under the Burberry Group plc Burberry Share Plan 2020
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£9.1751
|
212,531
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
|
Aggregate Price
|
Aggregate Volume
|
Aggregate
Total
|
|
£9.1751
|
212,531
|
£1,949,993.18
|
|
|
e)
|
Date of the transaction
|
2024-07-30
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
|
|
|
|
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Kate Ferry
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief Financial 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
|
213800PE1KEFCNFR1R50
|
|
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
|
Grant of a conditional share award
under the Burberry Group plc Burberry Share Plan 2020
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£9.1751
|
110,353
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
|
Aggregate Price
|
Aggregate Volume
|
Aggregate
Total
|
|
£9.1751
|
110,353
|
£1,012,499.81
|
|
|
e)
|
Date of the transaction
|
2024-07-30
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
|
|
|
|
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END
DSHFIFFADFILVIS
Grafico Azioni Burberry (LSE:BRBY)
Storico
Da Ott 2024 a Nov 2024
Grafico Azioni Burberry (LSE:BRBY)
Storico
Da Nov 2023 a Nov 2024
