REG - boohoo group plc - Purchase of Shares by Employee Benefit Trust

BoohooAnnouncement

27/10/2020 07:01

RNS Number : 2618D
  
boohoo group plc
  
27 October 2020
  
 




For Immediate Release


27 October 2020



boohoo group plc
("boohoo" or "the Group")
Purchase of Shares by Employee Benefit Trust
boohoo group plc (AIM: BOO), a leading online fashion group, announces that the Trustee of the Group's Employee Benefit Trust ("EBT") has purchased 5,000,000 ordinary shares of 1 pence each ("Shares") at an average net price of 274.02 pence per share.
 
These purchases are intended to satisfy future awards of shares under boohoo group plc's employee share plans and these will be held by the Trustee in the Group's EBT.
 
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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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