REG - boohoo group plc - SAYE Share Scheme 2022 and Director Dealing
08/11/2022 07:00
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20221108:nRSH5998Fa&default-theme=true
RNS Number : 5998F boohoo group plc 08 November 2022
For Immediate Release 8 November 2022
boohoo group plc
("boohoo" or the "Company")
SAYE Share Scheme 2022 and Director Dealing
boohoo (AIM: BOO) announces the grant of options to employees as part of its
Save As You Earn ('SAYE') share scheme for 2022. 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 30 pence, representing a 17.16% discount to the closing middle market
price of the Ordinary Shares on 7 October 2022. These options have a contract
start date of 1 December 2022 and are exercisable between 1 December 2025 and
31 May 2026.
A total of 1,166 employees elected to participate and, pursuant to these
elections, a total of 32,160,360 options over Ordinary Shares were issued on 7
November 2022 equating to 2.54% of the current issued share capital.
John Lyttle, Chief Executive Officer, Shaun McCabe, Chief Financial Officer
and Neil Catto, Director, are participants in the Company's SAYE scheme and
are included in the total figures above. Their individual option grants
pursuant to this year's SAYE scheme are 60,000 shares each.
As a result of these option grants, John, Shaun and Neil's interest in
Ordinary Shares is as follows:
Director Shares held personally Shares held under LTIP Shares held under SIP Shares under option in SAYE Shares under option in DBP Shares under option in Conditional Award Total interest % of issued share capital
John Lyttle 188,172 2,375,568 4,994 68,297 593,425 0 3,230,456 0.25%
Shaun McCabe 110,627 0 0 60,000 0 3,073,778 3,244,405 0.26%
Neil Catto 79,735 1,790,776 15,503 68,297 192,983 0 2,147,297 0.17%
* Neil Catto also has an interest in Shares through the Management Incentive
Plan and John Lyttle through the Growth Share Plan, as previously announced.
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
Further details are set out in the below notification, made in accordance with
the requirements of the UK Market Abuse Regulation.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name John Lyttle
2 Reason for the notification
a) Position/status Chief Executive Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Boohoo Group plc
b) LEI 213800SZF3KFCECWY243
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument Ordinary shares of 1p
Identification code
ISIN: JE00BG6L7297
b) Nature of the transaction Grant of SAYE options
c) Price(s) and volume(s) Price(s) Volume(s)
30 pence 60,000
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 7 November 2022
f) Place of the transaction Off market
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
7 November 2022
f)
Place of the transaction
Off market
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Shaun McCabe
2 Reason for the notification
a) Position/status Chief Financial Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Boohoo Group plc
b) LEI 213800SZF3KFCECWY243
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument Ordinary shares of 1p
Identification code
ISIN: JE00BG6L7297
b) Nature of the transaction Grant of SAYE options
c) Price(s) and volume(s) Price(s) Volume(s)
30 pence 60,000
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 7 November 2022
f) Place of the transaction Off market
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
7 November 2022
f)
Place of the transaction
Off market
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Neil Catto
2 Reason for the notification
a) Position/status Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Boohoo Group plc
b) LEI 213800SZF3KFCECWY243
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument Ordinary shares of 1p
Identification code
ISIN: JE00BG6L7297
b) Nature of the transaction Grant of SAYE options
c) Price(s) and volume(s) Price(s) Volume(s)
30 pence 60,000
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 7 November 2022
f) Place of the transaction Off market
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
7 November 2022
f)
Place of the transaction
Off market
-ends-
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 / 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 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.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END MSCEAEFXELFAFAARecent news on Boohoo
See all newsREG - boohoo group plc - Notice of Results
AnnouncementREG - boohoo group plc - Conclusion of CMA Investigation
AnnouncementREG - boohoo group plc - Confirmation of CFO start date
AnnouncementREG - boohoo group plc - Issuance of Ordinary Shares to all NEDs and TVR
AnnouncementREG - boohoo group plc Frasers Group PLC - Notification of Major Holdings
Announcement