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RNS Number : 5767L
boohoo.com plc
07 July 2014
For Immediate Release 07 July 2014
boohoo.com plc
("boohoo" or the "Company")
Issue of Senior Management Options
boohoo, one of the UK's largest pure-play online, own brand fashion retailers,
announces that options over a total of 988,000 Ordinary Shares of 1 pence each
were granted on 4 July 2014 to employees pursuant to the Company's Employee
Share Option Plan ('ESOP'). Following these grants the Company has a total of
14,608,000 Ordinary Shares under option representing approximately 1.30% of
the issued ordinary share capital of the Company.
The options granted have a vesting period of three years, a total exercise
period of ten years, an exercise price of 50 pence per Ordinary Share (the
"Placing Price") and are subject to the achievement of EBITDA linked
performance criteria.
These options have been granted to newly appointed, non- board staff members
and fall within the 1 per cent. of the Company's share capital, reserved to
be granted at the Placing Price, to key appointments within six months of
Admission, as disclosed in the Company's AIM Admission Document dated 5 March
2014.
Enquiries:
boohoo.com plcMahmud Kamani, Joint Chief ExecutiveCarol Kane, Joint Chief ExecutiveNeil Catto, Chief Financial Officer c/o Buchanan +44 (0)20 7466 5000
Buchanan - Financial PR adviserRichard OldworthHelen ChanGabriella Clinkard +44 (0)20 7466 5000boohoo@buchanan.uk.com
Zeus Capital - Nominated adviser and brokerCorporate FinanceNick CowlesAndrew Jones Institutional SalesJohn GooldDom King Tel: +44 (0)161 831 1512Tel: +44 (0)20 7533 7727
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