REG - boohoo group plc - Issuance of Ordinary Shares to all NEDs and TVR
08/02/2024 07:15
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RNS Number : 4066C boohoo group plc 08 February 2024
For Immediate Release 8 February 2024
boohoo group plc
("boohoo" or the "Company")
Issuance of Ordinary Shares to all Non‐Executive Directors and Total Voting
Rights
boohoo group plc (AIM: BOO), a leading online fashion group, announces that it
has issued new ordinary shares of 1 pence each ("New Ordinary Shares") to
its Non‐Executive Directors as part of their compensation package.
A total of 206,309 New Ordinary Shares were issued at an effective price of
33.93 pence under the terms of their letter of appointment which require
compensation to be made partly in cash and partly in Ordinary Shares. The New
Ordinary Shares represent the share compensation due for the financial year
ending 28 February 2024 and are subject to lock in provisions for as long as
the recipient remains a director of boohoo.
The details of the issuance are set out below:
Director Value of the share issuance Number of New Ordinary Shares Issued Number of Ordinary Shares held following the issuance Percentage of the enlarged Ordinary Share Capital (%)
Iain McDonald £20,000 58,945 810,873 0.064
Tim Morris £10,000 29,473 75,735 0.006
Kirsty Britz £10,000 29,473 60,065 0.005
Alistair McGeorge £20,000 58,945 58,945 0.005
John Goold £10,000 29,473 29,473 0.002
Trading in the New Ordinary Shares, which will rank pari passu in all
respects with the existing Ordinary Shares, is expected to commence on or
around 13 February 2024.
Total Voting Rights
Following admission of the New Ordinary Shares, the total number of ordinary
shares and voting rights in the Company will be 1,268,675,790. The Company
does not hold any shares in treasury.
The above figure may be used by shareholders in the Company as the denominator
for the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the share capital
of the Company under the FCA's Disclosure and Transparency Rules.
Enquiries
boohoo group plc
Pete Templeton, Group Finance Director Tel: +44 (0)161 233 2050
Mike Cooper, Head of Investor Relations & Corporate Development Tel: +44 (0)161 233 2050
Mark Mochalski, Investor Relations Tel: +44 (0)20 3239 6289
Zeus - Nominated adviser and joint broker
Andrew Jones / James Edis / Dan Bate 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
HSBC - Joint broker
Adam Miller / James Hopton Tel: +44 (0)20 7029 8000
Buchanan - Financial PR adviser boohoo@buchanan.uk.com
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 31
August 2023, the boohoo group had 17 million active customers across all its
brands around the world.
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 i. Iain McDonald
ii. Tim Morris
iii. Kirsty Britz
iv. Alistair McGeorge
v. John Goold
2 Reason for the notification
a) Position/status i. Non-Executive Director
ii. Non-Executive Director
iii. Non-Executive Director
iv. Deputy Chairman and Non-Executive Director
v. 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 i. Ordinary shares of 1p each
ii. Ordinary shares of 1p each
iii. Ordinary shares of 1p each
Identification code iv. Ordinary shares of 1p each
v. Ordinary shares of 1p each
ISIN: JE00BG6L7297
b) Nature of the transaction i. Issue of shares as part of compensation package
ii. Issue of shares as part of compensation package
iii. Issue of shares as part of compensation package
iv. Issue of shares as part of compensation package
v. Issue of shares as part of compensation package
c) Price(s) and volume(s) Price No. of shares
i 33.93p 58,945
ii 33.93p 29,473
iii 33.93p 29,473
iv 33.93p 58,945
v 33.93p 29,473
d) Aggregated information Price No. of shares
i £20,000 58,945
- Aggregated volume ii £10,000 29,473
iii £10,000 29,473
- Price iv £20,000 58,945
v £10,000 29,473
e) Date of the transaction i. 6 February 2024
ii. 6 February 2024
iii. 6 February 2024
iv. 6 February 2024
v. 6 February 2024
f) Place of the transaction i. Outside of a trading venue
ii. Outside of a trading venue
iii. Outside of a trading venue
iv. Outside of a trading venue
v. Outside of a trading venue
d)
Aggregated information
- Aggregated volume
- Price
Price No. of shares
i £20,000 58,945
ii £10,000 29,473
iii £10,000 29,473
iv £20,000 58,945
v £10,000 29,473
e)
Date of the transaction
i. 6 February 2024
ii. 6 February 2024
iii. 6 February 2024
iv. 6 February 2024
v. 6 February 2024
f)
Place of the transaction
i. Outside of a trading venue
ii. Outside of a trading venue
iii. Outside of a trading venue
iv. Outside of a trading venue
v. Outside of a trading venue
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