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Mulberry Group plc announced on 13 May 2026 that Chief Executive Officer Andrea Baldo was granted options over 1,500,000 ordinary shares under the 2017 Performance Share Plan. These options were granted for nil consideration with an exercise price equivalent to the nominal value of an Ordinary Share. They are exercisable subject to performance targets following financial statement publications in 2028 (1,000,000 options) and 2029 (500,000 options).
| Date | 13 May 2026 |
| Time | 10:15:46 |
| Category | Director/PDMR dealings |
| ID | 1716E |
Mulberry Group plc
Director / PDMR Dealing
Mulberry Group plc (the "Company" or "Mulberry"), the British lifestyle brand, announces that, on 13 May 2026, Andrea Baldo, Chief Executive Officer, was granted an award of options (the "PSP Options") over 1,500,000 ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares") pursuant to the Mulberry Group plc 2017 Performance Share Plan (the "PSP").
The PSP Options were granted for nil consideration with an exercise price equivalent to the nominal value of an Ordinary Share.
The PSP Options are subject to the PSP rules and capable of exercise, subject to the achievement of Company performance targets, following the publication of the Company's audited financial statements in 2028 (in respect of 1,000,000 PSP Options) and in 2029 (in respect of 500,000 PSP Options).
There were 70,577,191 Ordinary Shares in issue at the time of this notification.
For further information:
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Mulberry GROUP PLC Billie O'Connor
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Tel: +44 (0) 20 7605 6793 |
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Headland (Public Relations) Lucy Legh / Will Smith / Eleanor Evans mulberry@headlandconsultancy.com
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Tel: +44 (0) 20 3805 4822 |
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Houlihan Lokey UK Limited (Financial Adviser and NOMAD) Tim Richardson
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Tel: +44 (0) 20 7389 3355 |
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Peel Hunt (Corporate Broker) James Thomlinson
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Tel: +44 (0) 20 7419 8900 |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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1. |
Details of PDMR |
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(a) |
Name |
Andrea Baldo |
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2. |
Reason for notification |
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(a) |
Position / Status, at the date of grant |
Chief Executive Officer
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(b) |
Initial notification / amendment |
Initial Notification
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3. |
Details of the Issuer |
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(a) |
Name |
Mulberry Group plc
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(b) |
LEI |
549300GK3GNI5UVT4L61
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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 transaction(s) have been conducted |
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(a) |
Description of the financial instrument |
Ordinary Shares
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(b) |
Nature of the transaction |
Award made pursuant to the Mulberry Group plc 2017 Performance Share Plan
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(c) |
Price(s) and volume |
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(d) |
Aggregated information |
n/a
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(e) |
Date of the transaction |
13 May 2026
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(f) |
Place of the transaction |
Outside a trading venue
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