REG - boohoo.com plc - Purchase of shares by EBT <Origin Href="QuoteRef">BOOH.L</Origin>

BoohooAnnouncement

29/10/2014 09:24

RNS Number : 0160O
boohoo.com plc
01 August 2014
1 August 2014
boohoo.com plc
("boohoo" or the "Company")
Purchase of shares by EBT
boohoo.com plc today announces that it has been notified by the trustee of the boohoo.com plc Employee Benefit Trust (the "EBT") that the EBT has purchased a total of 1,000,000 Ordinary Shares of 1 pence each ("Ordinary Shares") on 1 August 2014, at an average price of 40 pence per Ordinary Share. 
The EBT is a discretionary trust for the benefit of employees of the Company and its subsidiaries. 
By making these purchases of Ordinary Shares, the EBT has reduced the potential requirement for the Company to issue new Ordinary Shares in order to satisfy the potential exercise of options held by employees of the Company under the Employee Share Option Plan ("ESOP"). The total number of shares under option through the ESOP is currently 11,508,000 Ordinary Shares.
Enquiries:
boohoo.com plc
Mahmud Kamani, Joint Chief Executive
Carol Kane, Joint Chief Executive
Neil Catto, Chief Financial Officer
c/o Buchanan +44 (0)20 7466 5000
Buchanan - Financial PR adviser
Richard Oldworth
Helen Chan
Gabriella Clinkard
+44 (0)20 7466 5000
boohoo@buchanan.uk.com
Zeus Capital - Nominated adviser and broker
Corporate Finance
Nick Cowles
Andrew Jones
Institutional Sales
John Goold
Dom King
Tel: +44 (0)161 831 1512
Tel: +44 (0)20 7533 7727

This information is provided by RNS
The company news service from the London Stock Exchange
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