REG - boohoo group plc - Director’s Dealings

BoohooAnnouncement

16/07/2020 15:45

RNS Number : 2642T
  
boohoo group plc
  
16 July 2020
  
 




For Immediate Release


16 July 2020



The information contained within this announcement is deemed by the company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014.  Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.
 
boohoo group plc
("boohoo" or "the Group")
Director's Dealings
boohoo announces that it has been notified today of the following purchases of Ordinary shares today, by the following Directors of the Company:



Director


Position 


Number of Ordinary Shares purchased


Average purchase price


Number of Ordinary Shares held or interest in Ordinary Shares following the purchase


Percentage of issued share capital




Mahmud Kamani 


Executive Chairman


5,000,000


214.281 pence


157,679,880


12.5%




Carol Kane


Group Co-Founder and Executive Director


2,000,000


214.281 pence


33,330,421


2.6%




Iain McDonald


Non-Executive Director


50,000*


226.5 pence*


518,481


0.04%



*Acquired via Contract for Difference
 
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 
 
 


Mahmud Kamani
 




2 
 


Reason for the notification 
 




a) 
 


Position/status 
 
 


Group Executive Chairman




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 each














Identification code 


ISIN: JE00BG6L7297














b) 
 


Nature of the transaction 
 
 


Purchase of Ordinary Shares




c) 
 


Price(s) and volume(s) 




























Price(s)


Volume(s)
















See box d


See box d






























d) 
 


Aggregated information 


















- Aggregated volume


5,000,000














- Price


214.281 pence














e) 
 


Date of the transaction 
 
 


16 July 2020




f) 
 


Place of the transaction 
 
 


London Stock Exchange, AIM



 



1 
 


Details of the person discharging managerial responsibilities / person closely associated 
 




a) 
 


Name 
 
 


Carol Kane
 




2 
 


Reason for the notification 
 




a) 
 


Position/status 
 
 


Group Co-Founder and Executive Director




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 each














Identification code 


ISIN: JE00BG6L7297














b) 
 


Nature of the transaction 
 
 


Purchase of Ordinary Shares




c) 
 


Price(s) and volume(s) 




























Price(s)


Volume(s)
















See box d


See box d






























d) 
 


Aggregated information 


















- Aggregated volume


2,000,000














- Price


214.281 pence














e) 
 


Date of the transaction 
 
 


16 July 2020




f) 
 


Place of the transaction 
 
 


London Stock Exchange, AIM



 
 



1 
 


Details of the person discharging managerial responsibilities / person closely associated 
 




a) 
 


Name 
 
 


Iain McDonald
 




2 
 


Reason for the notification 
 




a) 
 


Position/status 
 
 


Non-Executive Director




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 


Contract for difference in respect of Ordinary Shares of 1p














Identification code 


ISIN: JE00BG6L7297














b) 
 


Nature of the transaction 
 
 


Acquisition of interest in Ordinary Shares via a contract for difference




c) 
 


Price(s) and volume(s) 




























Price(s)


Volume(s)
















226.5 pence


50,000






























d) 
 


Aggregated information 


















- Aggregated volume


N/A














- Price


















e) 
 


Date of the transaction 
 
 


16 July 2020




f) 
 


Place of the transaction 
 
 


London Stock Exchange, AIM







 
 
-ends-
 



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














Zeus Capital - Nominated adviser and joint broker








Nick Cowles/Andrew Jones (Corporate Finance)


Tel: +44 (0)161 831 1512




John Goold/Benjamin Robertson (Corporate Broking)


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


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 brand targeting young, value-orientated customers. Since 2006, boohoo has been pushing boundaries to bring its customers up-to-date and inspirational fashion, 24/7. boohoo has grown rapidly in the UK and internationally, expanding its offering with range extensions into menswear, through boohooMAN.
In early 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. United by a shared customer value proposition, our brands design, source, market and sell great quality clothes, shoes and accessories at affordable prices. These investment propositions have helped us grow from a single brand, into a major multi-brand online retailer, leading the fashion eCommerce market for 16 to 40-year-olds with a global presence. As at 29 February 2020, the Group had just under 14 million active customers across all its brands around the world.
 


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