Shares
Share Information
Here is the latest share price information for Mulberry Group plc:
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Exchange Information
Shareholders
Issued Share Capital
The issued share capital of the company is 60,017,458 ordinary 5p shares. The percentage of equity which is not in public hands is 93.78% (56,282,476 shares).
Major Shareholders
This page was last updated on 30th November 2017. The Company has been notified of the following interest in 3% or more of the share capital of the Company, other than those of the Directors above:
| 5p Ordinary Shares | No. Of Shares | Share Percentage |
|---|---|---|
| Challice Limited | 33,726,444 | 56.19% |
| Banque Havilland SA | 14,585,720 | 24.30% |
| Tybourne Equity Master Fund and Tybourne Long Opportunities Master Fund | 6,602,240 | 11% |
Directors' Interests
The Directors' interests in the shares of the Company are as follows:
| 5p Ordinary Shares | No. Of Shares |
|---|---|
| Godfrey Davis | 718,527 |
| Steven Grapstein | 10,000 |
| Melissa Ong | 10,000 |
Melissa Ong is the daughter of Ong Beng Seng and Christina Ong, who together are beneficially interested in approximately 56.19% of the Company's total voting rights.
The other Directors have no interests in the shares of the Company, except with respect to the following share award arrangements:
Deferred Bonus Plan
On 15th August 2008, 12th October 2009, 24th March 2010, 30th March 2011 and 1st July 2012 certain Persons Discharging Management Responsibilities (PDMRs) and other key employees were granted deferred shares under the new Mulberry Group Plc Deferred Bonus Plan. These shares are held within the Mulberry Group plc Employee Share Trust. Alongside these shares a matching number of nil cost options have been awarded. The options vest for two years from the date of issue and are exercisable from 15th August 2010 to 15th August 2018, 30th June 2011 to 30th June 2019, 30th June 2012 to 30th June 2020, 30th June 2013 to 30th June 2021 and 1st July 2014 to 1st July 2022 respectively.
The outstanding options under this Plan are :-
| Deferred Shares | Nil Cost Options | |
|---|---|---|
| Other key employees | 0 | 10,796 |
Co-Ownership Plan
On 20th August 2009 Mulberry established a Co-Ownership Plan to operate in conjunction with the Employee Benefit Trust. This plan is designed to align management and shareholders' interests through rewarding participants for a growth in Mulberry share price above a specified threshold over the three year vesting period. For the grant listed below, participants will own an interest in the Ordinary Shares from the date of the award but will only participate in the value to the extent that the Mulberry share price exceeds 20% above the current market price at date of grant of 121.5 pence per Ordinary Share.
The total number of 5p Ordinary Shares subject of these grants are as follows:
| Ordinary Shares | |
|---|---|
| Godfrey Davis | 300,000 |
Share Option Scheme
The following options are outstanding under unapproved share option schemes:
| 5p Ordinary Shares | |
|---|---|
| Thierry Andretta | 300,415 |
| Neil Ritchie | 24,500 |
| Other key employees | 305,300 |
Performance Share Plan
On 19th December 2012 Mulberry established a Long Term Incentive Plan (LTIP) to operate in conjunction with the Employee Benefit Trust. The LTIP was designed to align management and shareholders’ interests through rewarding participants for growth in Mulberry’s turnover and earnings before interest and tax (EBIT) above specified thresholds over the vesting period.
Two grants of nil cost options were made on 20th December 2012 and 7th August 2013. However, all of these options have lapsed as the performance targets were not met.
On 10th July 2017 the LTIP was amended and renamed the 2017 Performance Share Plan. New Revenue and Profit Before Interest and Tax (PBIT) targets were introduced to be measured against consolidated audited accounts for the year ended 31 March 2020.
50% of the shares granted vest in accordance with the Revenue growth target and 50% in accordance with the PBIT target.
Options vest on a straight line pro rata basis between the minimum and maximum thresholds for both Revenue and PBIT. In the event that targets are not met, the options lapse.
The first grant of nil cost options was made on 10th July 2017. The vesting date will be in July 2020, subject to attainment of the specified targets.
The total number of 5p Ordinary Shares subject of these grants are as follows:
| 5p Ordinary Shares | |
|---|---|
| Thierry Andretta | 200,000 |
| Neil Ritchie | 50,000 |
| Other key employees | 121,000 |
Buying Shares
Mulberry Group plc is listed on the Alternative Investment Market of the London Stock Exchange. It’s ticker symbol is MUL.
Shares may be purchased via:
- The share dealing service offered by most high street banks
- An online share dealing service
- A stockbroker
The current share price can be found on the Share information page.
Shareholder Discount
A discount of 20% is available to private shareholders at the following stores on production of a valid shareholder discount card:
- 50 New Bond St, London W1S 1BJ England
- 11/12 Gees Court, St Christophers Place, London W1U 1JN England
- Unit 1013, Westfield Shopping Centre, Ariel Way, London W12 7GB England
- Unit 8, North Piazza, Royal Opera House Arcade, London WC2E England
- Westfield Stratford City, The Street, Montfitchet Road, Olympic Park, London E20 England
- Spinningfields Shopping Centre, G03-G04 The Avenue, Manchester, M3 3FL England
- 7 Multrees Walk, Edinburgh EH1 3DQ Scotland
- Unit 2, 204-207 Ingram St, Glasgow G1 1DQ Scotland
- 3/5 County Arcade, Leeds LS1 6BW England
- 275 Rue St Honore, Paris 75001 France
- P C Hooftstraat 46, 1071 BZ Amsterdam
- Storchengasse 4, Zinnengasse 6, 8001 Zurich
- Neuer Wall 69, 20354 Hamburg
- 134 Spring Street, New York 10012
- Westfield Valley Fair, 2855 Stevens Creek Boulevard, Santa Clara, CA95050
- 131 Bloor Street West, Toronto M5S 1R1
- Yorkdale Shopping Center, 3401 Dufferin St, Toronto M6A 2T9
Please note that 20% discount is permitted on up to £5,000 of product per annum (net of discount). A valid discount card must be presented at the time of purchase and may be used by the named cardholder only. Sale items are excluded. Shareholder discount is not available on purchases of gift vouchers or at Mulberry.com for online purchases. Shareholders are required to hold a minimum of 250 shares. Shares held via a SIPP do not qualify due to HMRC rules. Cards are renewed annually in April to shareholders with at least 250 shares on 31st March. Shareholders who hold their shares through a broker/nominee should arrange for them to send written confirmation of their client's name, address and number of shares owned by email to companysecretary@mulberry.com or by fax to +44 (0)1761 234 567. Shareholder discount cards are generally issued within 7 days from date of request.