REG - Boohoo Group Plc - Grant of Options, Directors' Dealings and TVR

BoohooAnnouncement

26/08/2025 14:30

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RNS Number : 7192W  Boohoo Group Plc  26 August 2025

FOR IMMEDIATE
RELEASE
26 August 2025

boohoo group plc

(the "Company" or "Debenhams Group")

 

Grant of Options, Directors' Dealings and TVR

 

Debenhams Group (AIM: DEBS), the online powerhouse in fashion, home and
beauty, announces that it has today granted nil cost options over a total of
16,460,918 ordinary shares of 1 pence each in the Company ("Shares") to 7
employees of the Group under the Debenhams Incentive Plan (the "DIP"
Options").

The Debenhams Incentive Plan is a long-term incentive plan for senior
management of the Debenhams brand. It was originally established as part of
legacy remuneration arrangements at the time when Dan Finley and Phil Ellis
served as Debenhams brand CEO and CFO respectively, before their appointments
to the Board as Group CEO and Group CFO. The awards represent share-based
compensation for the financial year ending 28 February 2025.

Dan Finley received DIP Options over 11,659,808 Shares and Phil Ellis received
DIP Options over 800,185 Shares. 50% of the options vest and become
exercisable immediately and 50% vest and become exercisable in 12 months.

Dan and Phil have agreed to waive their rights to participate in the DIP going
forward.

In addition, nil cost options over 1,028,806 Shares were granted to Phil
Ellis. This award form part of the terms and conditions of Phil's appointment
as Group CFO. This award vests and becomes exercisable on 11 March 2026 (the
"Conditional Award").

Any exercise of the DIP Options and/or the Conditional Award will be satisfied
by the Company's Employee Benefit Trust and there is no dilutive impact on
shareholders.

Following this grant of the DIP Options and the Conditional Award, Dan and
Phil have the number of Shares and options over Shares set out in the table
below:

 

 Director    Shares held personally  Shares under option in LTIP  Shares held under SIP  Shares under option in SAYE  Shares under option in DSP  Shares under option in DIP  Shares under option in Conditional Award  Total interest
 Dan Finley  290,806                 -                            -                      60,000                       3,123,340                   11,659,808                  4,658,441                                 19,792,395

 Phil Ellis  -                       -                            -                      -                            500,000                     800,185                     1,028,806                                 2,328,991

 

 

Total Voting Rights

As at 26 August 2025 the total number of Ordinary Shares and voting rights in
the Company remains unchanged at 1,397,424,226. 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
 Debenhams Group
 Phil Ellis, Chief Financial Officer                 Tel: +44 (0)161 233 2050

 Zeus Capital - Nominated adviser and joint broker
 Nick Cowles / Dan Bate / James Edis                 Tel: +44 (0)161 831 1512
 Benjamin Robertson                                  Tel: +44 (0)20 3829 5000

 Panmure Liberum - Joint broker
 Max Jones / Ailsa MacMaster / Gaya Bhatt            Tel: +44 (0)20 3100 2000

 Sodali & Co - Financial PR adviser
 Ben Foster / Louisa Henry                           Tel: +44 (0)20 3984 0114

 

 

About Debenhams Group

Debenhams Group is an online powerhouse in fashion, home, and beauty, serving
millions of customers across five shopping destinations: Debenhams, Karen
Millen, boohoo, MAN and PLT. Debenhams Group dates back to 1778 when William
Clark, a retail pioneer of the time, opened the UK's first department store.
Today, the Group is home to Debenhams-which was relaunched in 2021 as an
online department store-and  leading online fashion retailers, including
boohoo, PLT, MAN, and Karen Millen.

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.

 1    Details of the person discharging managerial responsibilities / person closely
      associated

 a)   Name                                                         Dan Finley

 2    Reason for the notification

 a)   Position/status                                              Group 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 each

      Identification code

                                                                   ISIN: JE00BG6L7297

 b)   Nature of the transaction                                    Grant of options

 c)   Price(s) and volume(s)                                        Price   No. of shares
                                                                   i Nil      11,659,808
 d)   Aggregated information                                        Price   No. of shares

                                                                 i.      Nil      11,659,808
      - Aggregated volume

      - Price
 e)   Date of the transaction                                      26 August 2025

 f)   Place of the transaction                                     Outside of a trading venue

d)

Aggregated information

- Aggregated volume

- Price

               Price   No. of shares
      i.      Nil      11,659,808

e)

Date of the transaction

26 August 2025

 

f)

Place of the transaction

Outside of a trading venue

 

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated

 a)   Name                                                         Phil Ellis

 2    Reason for the notification

 a)   Position/status                                              Group 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 each

      Identification code

                                                                   ISIN: JE00BG6L7297

 b)   Nature of the transaction                                    Grant of Options

 c)   Price(s) and volume(s)                                        Price   No. of shares
                                                                   i NIL      1,828,991
 d)   Aggregated information                                        Price   No. of shares

                                                                i.     NIL      1,828,991
      - Aggregated volume

      - Price
 e)   Date of the transaction                                      26 August 2025

 f)   Place of the transaction                                     Outside of a trading venue

d)

Aggregated information

- Aggregated volume

- Price

             Price   No. of shares
     i.     NIL      1,828,991

e)

Date of the transaction

26 August 2025

 

f)

Place of the transaction

Outside of a trading venue

 

 

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