REG - boohoo group plc - Employee Share Option Grant

BoohooAnnouncement

05/11/2020 13:15

RNS Number : 4183E
  
boohoo group plc
  
05 November 2020
  
 





 


 5 November 2020




 


 




 
boohoo group plc
("boohoo" or the "Company")
 
Employee Share Option Grant
boohoo group plc (AIM: BOO), a leading online fashion group, announces that options over a total of 14,757,805 Ordinary Shares of 1 pence each ("Shares") were granted to 530 employees on 3 November 2020 pursuant to the Company's Employee Share Option Plan ('ESOP'), equating to 1.17% of the current issued share capital.
The options granted have a vesting period of three years, a total exercise period of ten years and an exercise price of 272.95p per share which was the closing price of boohoo shares on 2 November 2020.
 




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 unbeatable 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 around the world. As at 31 August 2020, the boohoo group had just over 17 million active customers across all its brands around the world.

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