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REG - boohoo.com plc - Notification of Major Interest in Shares





 




RNS Number : 4838R
boohoo.com plc
15 June 2018
 

 

For Immediate Release                                                                                                                15 June 2018

 

boohoo.com plc

 ("boohoo.com" or the "Company")

 

Notification of Major Interest in Shares

 

boohoo.com plc (AIM: BOO), the leading online fashion retailer, has been notified of the following dealing in the Company's ordinary shares of 1 pence each ("Ordinary Shares") made on 13 June 2018 by Jalal Kamani. Jalal has gifted a total of 30 million Ordinary Shares (representing 2.61 per cent. of the Company's issued share capital) for nil consideration to a trust established for the benefit of Jalal Kamani's adult children. The gifts were notified to the Company on 14 June 2018. 

Following the gifts, Jalal and the trust for the benefit of Jalal's adult children each have interests in 30 million ordinary shares, representing approximately 2.61 per cent. and 2.61 per cent. of the Company's issued Ordinary Share capital respectively.

 

NOTIFICATION OF MAJOR HOLDINGS

 

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Boohoo.com PLC

1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)

Non-UK issuer

 

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

X

An acquisition or disposal of financial instruments

 

An event changing the breakdown of voting rights

 

Other (please specify):

 

3. Details of person subject to the notification obligation

Name

Mr Jalaludin Abdullah Kamani

City and country of registered office (if applicable)

Manchester, ENGLAND

4. Full name of shareholder(s) (if different from 3.)

Name

 

City and country of registered office (if applicable)

 

5. Date on which the threshold was crossed or reached:

13/06/18

6. Date on which issuer notified (DD/MM/YYYY):

14/06/18

7. Total positions of person(s) subject to the notification obligation

 

% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments
(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights of issuer

Resulting situation on the date on which threshold was crossed or reached

2.61%

 

2.61%

1,150,591,662

Position of previous notification (if

applicable)

 

 

 

 

             

 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

A: Voting rights attached to shares

Class/type of
shares

ISIN code (if possible)

Number of voting rights

% of voting rights

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

JE00BG6L7297

30,000,000

 

2.61%

 

 

 

 

 

 

 

 

 

 

 

SUBTOTAL 8. A

30,000,000

2.61

 

 

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial instrument

Expiration
date

Exercise/
Conversion Period

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SUBTOTAL 8. B 1

 

 

 

 

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial instrument

Expiration
date

Exercise/
Conversion Period

Physical or cash

settlement

Number of voting rights

% of voting rights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SUBTOTAL 8.B.2

 

 

 

 

                   

 

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer

X

Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity(please add additional rows as necessary)

 

Name

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10. In case of proxy voting, please identify:

Name of the proxy holder

The number and % of voting rights held

 

The date until which the voting rights will be held

 

 

 

11. Additional information

 

Jalal ceased to have executive responsibilities with the Group as of October 2015.

 

 

         

 

Place of completion

Manchester, ENGLAND

Date of completion

14/06/2018

 

 

Enquiries

 

 

boohoo.com 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

 

 

Zeus Capital - Nominated adviser and joint broker

 

Nick Cowles/Andrew Jones (Corporate Finance)

Tel: +44 (0)161 831 1512

John Goold/Benjamin Robertson (Corporate Broking)

Tel: +44 (0)20 3829 5000

 

 

Jefferies Hoare Govett - Joint broker

 

Nick Adams/Max Jones

Tel: +44 (0)20 7029 8000

 

 

Buchanan - Financial PR adviser

boohoo@buchanan.uk.com

Richard Oldworth/Maddie Seacombe/

Tel: +44 (0)20 7466 5000

Gemma Mostyn-Owen

 

 

  About boohoo.com plc

 "Leading the fashion eCommerce market"

Founded in Manchester in 2006, the group started life as boohoo.com, an inclusive and innovative brand targeting young, value-orientated customers. For over 10 years, boohoo has been pushing boundaries to bring its customers up-to-date and inspirational fashion, 24/7. boohoo has grown rapidly in the UK and internationally, expanding its offering with range extensions into menswear through boohooMAN. 

In early 2017 the group extended its customer offering through the acquisitions of the vibrant fashion brand PrettyLittleThing, and free-thinking brand Nasty Gal. United by a shared customer value proposition, our brands design, source, market and sell great quality clothes, shoes and accessories at unbeatable prices. This investment proposition has helped us grow from a single brand, into a major multi-brand online retailer, leading the fashion eCommerce market for 16 to 30-year-olds around the world. Today the boohoo group sells to over 9.8 million customer accounts across all its brands in almost every country in 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 or visit www.rns.com.
 
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