Director/PDMR Shareholding
Mulberry Group plc announced that on May 13, 2026, Chief Executive Officer Andrea Baldo was granted an award of 1,500,000 options for ordinary shares under the 2017 Performance Share Plan, with nil consideration and an exercise price equivalent to the nominal value of an ordinary share. These options are contingent on achieving company performance targets and will be exercisable in 2028 for 1,000,000 options and in 2029 for the remaining 500,000 options. At the time of this notification, there were 70,577,191 ordinary shares in issue.
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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.
| 1. | Details of PDMR | |
| (a) | Name | Andrea Baldo |
| 2. | Reason for notification | |
| (a) | Position / Status, at the date of grant | Chief Executive Officer |
| (b) | Initial notification / amendment | Initial Notification |
| 3. | Details of the Issuer | |
| (a) | Name | Mulberry Group plc |
| (b) | LEI | 549300GK3GNI5UVT4L61 |
| (a) | Description of the financial instrument | Ordinary Shares |
| (b) | Nature of the transaction | Award made pursuant to the Mulberry Group plc 2017 Performance Share Plan |
| (c) | Price(s) and volume | Price(s) Volume(s) Nil 1,500,000 Ordinary Shares |
| (d) | Aggregated information | n/a |
| (e) | Date of the transaction | 13 May 2026 |
| (f) | Place of the transaction | Outside a trading venue |
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