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RNS Number : 2226B boohoo group plc 31 May 2023
For Immediate Release
31 May 2023
boohoo group plc
("boohoo" or the "Company" or the "Group")
Purchase of Shares by Employee Benefit Trust
boohoo (AIM: BOO), announces that the Trustee of the Group's Employee Benefit
Trust ("EBT") has purchased 12,606,970 ordinary shares of 1 pence each
("Shares") at an average net price of 42.12 pence per share.
These purchases are intended to satisfy future awards of shares under the
Group's employee share plans and will be held by the Trustee in the Group's
EBT.
Following this transaction, a total of 59,783,627 Ordinary Shares are held by
the EBT, representing approximately 4.71 per cent of the Company's total
voting rights.
Total Voting Rights
As at 31 May 2023 the total number of ordinary shares of 1p each ("Ordinary
Shares") and voting rights in the Company is 1,268,444,763. No Ordinary
Shares are held in treasury. This figure for total number of Ordinary Shares
may be used by shareholders 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 Company under the Financial Conduct
Authority's Disclosure Rules 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 - 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 28
February 2023, the boohoo group had 18 million active customers across all its
brands around the world.
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