REG - boohoo group plc - Grant of DSAP Awards

BoohooAnnouncement

06/07/2023 07:00

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RNS Number : 1150F  boohoo group plc  06 July 2023

 FOR IMMEDIATE RELEASE  6 July 2023

 

boohoo group plc

("boohoo" or "the Company" or "the Group")

Grant of DSAP Awards

 

boohoo group plc (AIM: BOO), a leading online fashion group, announces that it
has granted a total of 17,112,212 awards on 28 June 2023 pursuant to the
Company's Discretionary Share Award Plan ("DSAP").

Nil cost awards over a total of 17,112,212 Ordinary Shares of 1 pence each
("Awards") were granted to 46 employees pursuant to the DSAP, equating to
1.35% of the current issued share capital. No executive directors participated
in the Awards.

The Awards have a vesting period of three years ending on 28 June 2026 subject
to continued employment on the vesting date.

 Enquiries
 boohoo group plc
 Shaun McCabe, 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 - Nominated adviser and joint broker
 Dan Bate / James Edis                           Tel: +44 (0)161 831 1512
 Benjamin Robertson                              Tel: +44 (0)20 3829 5000

 Jefferies - Joint broker
 Ed Matthews / Harry Le May                      Tel: +44 (0)20 7029 8000

                                                 boohoo@buchanan.uk.com

 Buchanan - Financial PR adviser
 Richard Oldworth / Toto Berger / Verity Parker  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 28
February 2023, the boohoo group had 18 million active customers across all its
brands around the world.

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