REG - boohoo group plc - SAYE Share Scheme 2021

BoohooAnnouncement

15/11/2021 17:15

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RNS Number : 4421S  boohoo group plc  15 November 2021

 For Immediate Release  15 November 2021

 

boohoo group plc

("boohoo" or the "Company")

 

SAYE Share Scheme 2021

boohoo (AIM: BOO) announces the grant of options to employees as part of its
Save As You Earn ('SAYE') share scheme for 2021. The scheme is open to all
employees, giving them the opportunity to participate in the future growth of
the Company via share option arrangements.

Eligible employees were invited to subscribe for options over ordinary shares
of 1 pence each in the Company ("Ordinary Shares") with an exercise price
of 154.48 pence, representing a 20% discount to the closing middle market
price of the Ordinary Shares on 6 October 2021, the day before the invitation
to participate was made. These options have a contract start date of 1
December 2021 and are exercisable between 1 December 2024 and 31 May 2025.

A total of 1,387 employees elected to participate and, pursuant to these
elections, a total of 6,144,989 options over Ordinary Shares were issued on 1
November 2021 equating to 0.48% of the current issued share capital.

 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
 Mark Mochalski, Investor Relations                                      Tel: +44 (0)20 3239 6289

 Zeus Capital - Nominated adviser and joint broker
 Nick Cowles / Andrew Jones                                              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 / Sophie Wills  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 2021, 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 2021, the boohoo group had 19 million active customers across all its
brands around the world.

 

 

 

 

 

 

 

 

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