REG - boohoo group plc - SAYE Share Scheme 2023 and TVR

BoohooAnnouncement

27/10/2023 09:30

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RNS Number : 5509R  boohoo group plc  27 October 2023

 For Immediate Release  27 October 2023

 

boohoo group plc

("boohoo" or the "Company")

SAYE Share Scheme 2023 and TVR

SAYE Share Scheme 2023

boohoo (AIM: BOO) announces the grant of options to employees as part of its
Save As You Earn ('SAYE') share scheme for 2023. 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 25 pence, representing a 18.65% discount to the closing middle market
price of the Ordinary Shares on 3 October 2023. These options have a contract
start date of 1 December 2023 and are exercisable between 1 December 2026 and
31 May 2027.

A total of 440 employees elected to participate and, pursuant to these
elections, a total of 12,968,971 options over Ordinary Shares were issued on 3
October 2023 equating to 1.02% of the current issued share capital.

Total Voting Rights

 

As at 26 October 2023 the total number of Ordinary Shares and voting rights in
the Company is 1,268,438,263. 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.

 

 -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 / Dan Bate / James Edis                           Tel: +44 (0)161 831 1512
 Benjamin Robertson                                             Tel: +44 (0)20 3829 5000
 Jefferies - Joint broker
 Ed Matthews / Harry Le May                                     Tel: +44 (0)20 7029 8000
 HSBC - Joint broker
 Adam Miller / James Hopton                                     Tel: +44 (0)20 7991 8888

 Buchanan - Financial PR adviser                                boohoo@buchanan.uk.com
 Richard Oldworth / Toto Berger / Verity Parker / 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 2023, the boohoo group had 17 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 2023, the boohoo group had 17 million active customers across all its
brands around the world.

 

 

 

 

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