REG - boohoo group plc - Non-Executive Director Appointment

BoohooAnnouncement

17/11/2020 07:00

RNS Number : 5029F
  
boohoo group plc
  
17 November 2020
  
 





For Immediate Release


17 November 2020




boohoo group plc
("boohoo" or "the Group")
Non-Executive Director Appointment
boohoo (AIM: BOO), a leading online fashion retailer, is pleased to announce the appointment of Shaun McCabe to the Board as an Independent Non-Executive Director, with immediate effect. Shaun will take on the role of Chair of the Audit Committee and sit on the Group's Remuneration and Nomination Committees.
Shaun has extensive financial experience across e-commerce and retail. He is currently Chief Financial Officer of Trainline plc and a Non-Executive Director at AO World plc where he is a member of its Audit and Remuneration Committees. Prior to joining Trainline plc, he held the roles of International Director at ASOS and Chief Financial Officer for Amazon Europe. Shaun holds 100,000 ordinary shares of £0.01 each in the Group, representing 0.008 per cent. of the Group's issued share capital.
Mahmud Kamani, Group Executive Chairman, commented:
"As Executive Chairman, I am committed to supporting and driving our agenda for change to build a better boohoo for the benefit of all of the Group's stakeholders. On behalf of the Board I am delighted to welcome Shaun to the Group. His deep knowledge and experience of e-commerce and retail will be a great asset to the Board. As a Group we are committed to implementing our agenda for change that will help us on our journey to lead the fashion e-commerce market globally, and look forward to providing further regular updates on our progress in due course."
Shaun McCabe, commented:
"I am delighted to be joining boohoo at an exciting time when it is implementing its agenda for change. Having spoken extensively with fellow members of the Board, I look forward to helping the Group add further independent experience and increased oversight on matters of compliance and business practices."
The following additional information is provided in accordance with paragraph (g) of Schedule Two of the AIM Rules for Companies.
 
Shaun McCabe (aged 52) holds or has held the following directorships or partnerships in the past five years:
 




Current Directorships or Partnerships


Previous Directorships or Partnerships




Trainline S.A.S.


 




Trainline Holdco Limited


 




Victoria Investments Newco Limited


 




Victoria Manager S.a.r.l.


 




Qjump Limited


 




Railguard Limited


 




Trainline Group Investments Limited


 




Trainline Investments Holdings Limited


 




Trainline Italia S.r.l.


 




Trainline Junior Mezz Limited


 




Trainline plc


 




Trainline.com Limited


 




Trainline France


 




Trainline Holdings Limited


 




Trainline International Limited


 




Trainline Rail Enquiry Services Limited


 




Trainline Short Breaks Limited


 




Victoria Investments Intermediate Holdco Limited


 




Victoria Intermediate Topco Limited


 




Victoria Investments Bidco Limited


 




Victoria Investments Finco Limited


 




Victoria Investments Midco Limited


 




Victoria Investments PIKco Limited


 




AO World plc


 




 
There is no further information to be disclosed pursuant to Schedule Two Part (g) of the AIM Rules for Companies.
 




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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