REG - boohoo.com plc - Share issue to Chairman and Non-Exec Directors <Origin Href="QuoteRef">BOOH.L</Origin>

BoohooAnnouncement

23/02/2018 13:20

RNS Number : 8185F
boohoo.com plc
23 February 2018
For Immediate Release
23 February 2018


boohoo.com plc
("boohoo" or the "Company")
Issuance of Ordinary Shares to the Chairman and NonExecutive Directors
boohoo, one of theUK'slargest pureplay online, own brand fashion retailers, announces that it has issued new ordinary shares of1 penceeach ("New Ordinary Shares") to its Chairman and Nonexecutive Directors as part of their compensation package.
A total of 35,224New Ordinary Shares were issued at an effective price of184.525 penceunder the terms of their service agreements which require compensation to be made partly in cash and partly in Ordinary Shares. The New Ordinary Shares represent the share compensation due for the year ending February 2018 and are subject to lock in provisions for as long as the recipient remains a director of boohoo. The details of the issuance are set out below:
Director
Value of the share issuance
Number of New Ordinary Shares Issued
Number of Ordinary Shares held following the issuance
Percentage of the enlarged Ordinary Share Capital
Peter Williams
25,000
13,548
491,962
0.04
David Forbes
10,000
5,419
276,784
0.02
Sara Murray
10,000
5,419
12,244
0.001
Pierre Cuilleret
10,000
5,419
105,419
0.009
Iain McDonald
10,000
5,419
434,419
0.03
Trading in the New Ordinary Shares, which will rankpari passuin all respects with the existing Ordinary Shares, is expected to commence on or around 1 March 2018.
Total Voting Rights
Following admission of the New Ordinary Shares, the total number of ordinary shares and voting rights in the Company will be1,149,493,788. The Company does not hold any shares in treasury.
The above figure may be used by shareholders in the Company 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 share capital of the Company under the FCA's Disclosure and Transparency Rules.
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 and children's wear, through boohooMAN and boohooKIDS.
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 8 million customers in almost every country in the world.
Enquiries
boohoo.com plc
Neil Catto, Chief Financial Officer
Clara Melia, Investor Relations
Tel: +44 (0)161 233 2050
Tel: +44 (0)7748 171236
Zeus Capital - Nominated adviser and joint broker
Nick Cowles/Andrew Jones (Corporate Finance)
John Goold/Benjamin Robertson (Corporate Broking)
Tel: +44 (0)161 831 1512
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
Richard Oldworth/Madeleine Seacombe
Tel: +44 (0)20 7466 5000
boohoo@buchanan.uk.com

This information is provided by RNS
The company news service from the London Stock Exchange
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