REG - boohoo group plc - Grant of Options and Directors’ Dealings

BoohooAnnouncement

19/05/2022 17:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220519:nRSS1624Ma&default-theme=true

RNS Number : 1624M  boohoo group plc  19 May 2022

 

 For Immediate Release            19 May 2022

 

 

boohoo group plc

("boohoo " or the "Company")

 

Grant of Options and Directors' Dealings

 

boohoo group plc (AIM: BOO), a leading online fashion group, announces that on
17 May 2022 options over a total of 786,408 ordinary shares of 1
pence each ("Shares") were granted pursuant to the Company's Deferred Bonus
Plan ("DBP"), equating to 0.06% of the current issued share capital.

The grant comprises an option over 593,425 Shares to John Lyttle, CEO, and
over 192,983 Shares to Neil Catto, Chief Financial Officer. The options
granted have a vesting period of two years ending on 17 May 2024, with an
exercise price of 79.67 pence per Share.

Following this grant John Lyttle's and Neil Catto's interests in Shares is as
follows:

 Director     Shares held personally  Shares under option in LTIP  Shares held under SIP  Shares under option in SAYE  Shares under option in DBP  Total interest*  % of issued share capital*
 John Lyttle  188,172                 0                            4,994                  8,297                         593,425                    794,888          0.06%
 Neil Catto   79,735                  1,005,038                    15,503                 8,297                        192,983                     1,301,556        0.10%

 

*John and Neil also have an interest in Shares through the Management
Incentive Plan, as previously announced.

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 shares under option in the Company's DBP
 c)   Price(s) and volume(s)                                        Price(s)   Volume(s)
                                                                   0.7967      593,425
 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      17 May 2022
 f)   Place of the transaction                                     Off market transaction

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

17 May 2022

f)

Place of the transaction

Off market transaction

 

 

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Neil Catto
 2    Reason for the notification
 a)   Position/status                                              Chief Financial Officer
 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 shares under option in the Company's DBP
 c)   Price(s) and volume(s)                                        Price(s)   Volume(s)
                                                                   0.7967      192,983
 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      17 May 2022
 f)   Place of the transaction                                     Off market transaction

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

17 May 2022

f)

Place of the transaction

Off market transaction

 

 

 

 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 - 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

 

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 2022, the boohoo group had 20 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  DSHZZGMKKLVGZZM