Mulberry Group plc

Grants under 2008 Unapproved Share Option Scheme

Mulberry Group plc ('Mulberry' or the 'Company') announces that the Board of Mulberry has today granted options (the 'New Options') over ordinary shares of 5 pence each in the Company ('Ordinary Shares') to Thierry Andretta (Chief Executive Officer), Neil Ritchie (Chief Financial Officer) and certain other members of the broader management team pursuant to the Mulberry Group plc 2008 Unapproved Share Option Schemeas set out below:

Number of New Options granted

-------------------------------------------------------------------

Thierry Andretta 70,000

Neil Ritchie 24,500

Other senior employees 117,500

-------------------------------------------------------------------

Total 212,000

The exercise price for each of the New Options is 1034.2 pence being the average closing price of an Ordinary Share for the calendar month leading up to the grant. The New Options will vest on 1 July 2019 and will be exercisable between 1 July 2019 and 1 July 2026.

Following the grant of his New Options, Thierry Andretta's beneficial interest in the Company consists of 300,415 unvested options under the Company's 2008 Unapproved Share Option Scheme.

Apart from the New Options, Neil Ritchie has no other beneficial interest in the Company's shares.

Enquiries:

Bell Pottinger

Daniel de Belder

07977 927142 / 020 3772 2561

Mulberry Investor Relations

Allegra Perry

020 7605 6795

Altium

Sam Fuller / Tim Richardson

020 7484 4040

Barclays

Nicola Tennent / Thomas Dugarin

020 3134 9801

Mulberry Group plc published this content on 01 July 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 01 July 2016 11:45:02 UTC.

Original documenthttp://hsprod.investis.com/servlet/HsPublic?context=ir.access&ir_option=RNS_NEWS&ir_client_id=3088&item=2517488638099456

Public permalinkhttp://www.publicnow.com/view/D4454EF413F5837968210162653E508BA26C323C