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RNS Number : 9695Q boohoo group plc 24 February 2023
For Immediate Release 24 February 2023
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 99,824 New Ordinary Shares were issued at an effective price of
50.09 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 2023 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 (%)
Brian Small £20,000 39,929 138,663 0.010
Iain McDonald £10,000 19,965 751,928 0.059
Tim Morris £10,000 19,965 46,262 0.003
Kirsty Britz £10,000 19,965 30,592 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 1 March 2023.
Total Voting Rights
Following admission of the New Ordinary Shares, the total number of ordinary
shares and voting rights in the Company will be 1,268,433,263. 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
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 Capital - 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 Tel: +44 (0)20 7029 8000
Harry Le May 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 2022, the boohoo group had 19 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. Brian Small
ii. Iain McDonald
iii. Tim Morris
iv. Kirsty Britz
2 Reason for the notification
a) Position/status i. Deputy Chairman and Senior Independent Director
ii. Non-Executive Director
iii. Non-Executive Director
iv. 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
Identification code iii. Ordinary shares of 1p each
iv. 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
c) Price(s) and volume(s) Price No. of shares
i 50.09p 39,929
ii 50.09p 19,965
iii 50.09p 19,965
iv 50.09p 19,965
d) Aggregated information Price No. of shares
i £20,000 39,929
- Aggregated volume ii £10,000 19,965
iii £10,000 19,965
- Price iv £10,000 19,965
e) Date of the transaction i. 22 February 2023
ii. 22 February 2023
iii. 22 February 2023
iv. 22 February 2023
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
d)
Aggregated information
- Aggregated volume
- Price
Price No. of shares
i £20,000 39,929
ii £10,000 19,965
iii £10,000 19,965
iv £10,000 19,965
e)
Date of the transaction
i. 22 February 2023
ii. 22 February 2023
iii. 22 February 2023
iv. 22 February 2023
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
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