REG - boohoo group plc - 2021 Share Incentive Plan

BoohooAnnouncement

13/01/2022 17:10

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220113:nRSM4062Ya&default-theme=true

RNS Number : 4062Y  boohoo group plc  13 January 2022

 For Immediate Release   13 January 2022

 

boohoo group plc

("boohoo" or the "Group" )

 

 

2021 Share Incentive Plan

 

boohoo group plc (AIM: BOO), a leading online fashion group, announces that as
part of the Company's commitment to encouraging all employees to be
shareholders in the business, a total of 15,441,664 Ordinary Shares of 1
pence each ('Ordinary Shares') have been granted to employees.

A total of 4,924 employees were found eligible and applied for the 2021 Share
Incentive Plan ("2021 SIP") and have been granted 3,136 free Ordinary Shares
each, representing approximately £3,600 at the purchase price of £ 1.15  per
Ordinary Share. The free shares were awarded on 12 January 2022 and are
subject to a 3 year forfeiture period.

John Lyttle and Neil Catto, both Directors of the Company, have elected to
participate in the 2021 SIP, and are included in the total figures above, with
their individual awards pursuant to the 2021 SIP being 3,136 shares each.

Following this grant Neil Catto's and John Lyttle's interests in shares in
boohoo group plc are as follows:

 Director     Shares held personally  Shares under option in LTIP  Shares held under SIP  Shares under option in SAYE  Total interest  % of issued share capital
 Neil Catto   79,735                  1,005,038                    15,503                 8,297                        1,108,573       0.09%

 John Lyttle  188,172                 0                            4,994                  8,297                        201,463         0.02%

 

In addition to the above interests both Neil and John have potential interests
arising out of their membership of the Management Incentive Plan (as
previously announced).

Following these grants the Company has a total of 66,050,776 Shares under
option representing approximately 5.21% of the issued ordinary share capital
of the Company. This calculation excludes any potential dilution resulting
from the settlement of awards under the Management Incentive Plan.

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         John Lyttle
 2    Reason for the notification
 a)   Position/status                                              CEO
 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         boohoo group plc
 b)   LEI                                                          213800SZF3KFCECWY243
 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted
 a)   Description of the financial instrument, type of instrument  Ordinary shares of 1p

      Identification code

                                                                   ISIN: JE00BG6L7297
 b)   Nature of the transaction                                    Grant of free shares under the Company's Share Incentive Plan
 c)   Price(s) and volume(s)                                        Price(s)   Volume(s)
                                                                   £1.14775    3,136
 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      12 January 2022
 f)   Place of the transaction                                     Off Market

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

12 January 2022

f)

Place of the transaction

Off Market

 

 

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Neil Catto
 2    Reason for the notification
 a)   Position/status                                              CFO
 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         boohoo group plc
 b)   LEI                                                          213800SZF3KFCECWY243
 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted
 a)   Description of the financial instrument, type of instrument  Ordinary shares of 1p

      Identification code

                                                                   ISIN: JE00BG6L7297
 b)   Nature of the transaction                                    Grant of free shares under the Company's Share Incentive Plan
 c)   Price(s) and volume(s)                                        Price(s)   Volume(s)
                                                                   £1.14775    3,136
 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      12 January 2022
 f)   Place of the transaction                                     Off Market

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

12 January 2022

f)

Place of the transaction

Off Market

 

 

 Enquiries
 boohoo group plc
 Neil Catto, Chief Financial Officer                                     Tel: +44 (0)161 233 2050
 Alistair Davies, Investor Relations                                     Tel: +44 (0)161 233 2050
 Clara Melia, Investor Relations                                         Tel: +44 (0)20 3289 5520
 Mark Mochalski, Investor Relations                                      Tel: +44 (0)20 3239 6289

 Zeus Capital - Nominated adviser and joint broker
 Nick Cowles / Andrew Jones                                              Tel: +44 (0)161 831 1512
 Benjamin Robertson                                                      Tel: +44 (0)20 3829 5000

 Jefferies - Joint broker
 Philip Noblet / Max Jones                                               Tel: +44 (0)20 7029 8000

 Buchanan - Financial PR adviser                                         boohoo@buchanan.uk.com
 Richard Oldworth / Kim Looringh-van Beeck / Toto Berger / Sophie Wills  Tel: +44 (0)20 7466 5000

 

 

About boohoo group plc

 

"Leading the fashion eCommerce market"

 

Founded in Manchester in 2006, boohoo is an inclusive and innovative global
brand targeting young, value-orientated customers, pushing boundaries to bring
its customers up-to-date and inspirational fashion, 24/7.

In 2017, the group extended its customer offering through the acquisitions of
the vibrant fashion brand PrettyLittleThing and free-thinking brand Nasty Gal.
In March 2019, the group acquired the MissPap brand, in August 2019 the Karen
Millen and Coast brands and in June 2020 the Warehouse and Oasis brands, all
complementary to the group's scalable, multi-brand platform. In January 2021,
the group acquired the intellectual property assets of Debenhams, with the
goal of transforming a leading UK fashion and beauty retailer into a digital
department store and marketplace through a new capital-light and low-risk
operating model. In February 2021, the group acquired the intellectual
property assets of UK brands Dorothy Perkins, Wallis and Burton. As at 31
August 2021, the boohoo group had 19 million active customers across all its
brands around the world.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHBKNBKOBKDADD