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

BoohooAnnouncement

10/10/2022 07:00

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RNS Number : 2571C  boohoo group plc  10 October 2022

 

 For Immediate Release  10 October 2022

boohoo group plc

("boohoo" or the "Company" or the "Group")

Purchase of Shares by Employee Benefit Trust

boohoo (AIM: BOO), a leading online fashion retailer, announces that the
Trustee of the Group's Employee Benefit Trust ("EBT") has purchased 6,023,299
ordinary shares of 1 pence each ("Shares") at an average net price of 36.99
pence per share.

 

These purchases are intended to satisfy future awards of shares under boohoo
group plc's employee share plans and will be held by the Trustee in the
Group's EBT.

 

Following this transaction, a total of 19,187,459 Ordinary Shares are held
by the EBT, representing approximately 1.51 per cent of the Company's total
voting rights.

 

 

 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                                                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 / 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.

 

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.

 

 

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