Director's Dealings

RNS Number : 2642T

boohoo group plc

16 July 2020

 

For Immediate Release

16 July 2020

The information contained within this announcement is deemed by the company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014.  Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

boohoo group plc

("boohoo" or "the Group")

Director's Dealings

boohoo announces that it has been notified today of the following purchases of Ordinary shares today, by the following Directors of the Company:

Director	Position	Number of Ordinary Shares purchased	Average purchase price	Number of Ordinary Shares held or interest in Ordinary Shares following the purchase	Percentage of issued share capital
Mahmud Kamani	Executive Chairman	5,000,000	214.281 pence	157,679,880	12.5%
Carol Kane	Group Co-Founder and Executive Director	2,000,000	214.281 pence	33,330,421	2.6%
Iain McDonald	Non-Executive Director	50,000*	226.5 pence*	518,481	0.04%

*Acquired via Contract for Difference

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	Mahmud Kamani
2	Reason for the notification
a)	Position/status	Group Executive Chairman
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	Purchase of Ordinary Shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			See box d	See box d
d)	Aggregated information
	- Aggregated volume	5,000,000
	- Price	214.281 pence
e)	Date of the transaction	16 July 2020
f)	Place of the transaction	London Stock Exchange, AIM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Carol Kane
2	Reason for the notification
a)	Position/status	Group Co-Founder and Executive 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 each
	Identification code	ISIN: JE00BG6L7297
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			See box d	See box d
d)	Aggregated information
	- Aggregated volume	2,000,000
	- Price	214.281 pence
e)	Date of the transaction	16 July 2020
f)	Place of the transaction	London Stock Exchange, AIM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Iain McDonald
2	Reason for the notification
a)	Position/status	Non-Executive 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	Contract for difference in respect of Ordinary Shares of 1p
	Identification code	ISIN: JE00BG6L7297
b)	Nature of the transaction	Acquisition of interest in Ordinary Shares via a contract for difference
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			226.5 pence	50,000
d)	Aggregated information
	- Aggregated volume	N/A
	- Price
e)	Date of the transaction	16 July 2020
f)	Place of the transaction	London Stock Exchange, AIM

-ends-

Enquiries
boohoo group plc
Neil Catto, Chief Financial Officer	Tel: [phone]
Alistair Davies, Investor Relations	Tel: [phone]
Clara Melia, Investor Relations	Tel: [phone]
Zeus Capital - Nominated adviser and joint broker
Nick Cowles/Andrew Jones (Corporate Finance)	Tel: [phone]
John Goold/Benjamin Robertson (Corporate Broking)	Tel: [phone]
Jefferies - Joint broker
Philip Noblet/Max Jones	Tel: [phone]
Buchanan - Financial PR adviser	[e-mail]
Richard Oldworth/ Kim Looringh-van Beeck/Toto Berger	Tel: [phone]

About boohoo group plc

"Leading the fashion eCommerce market"

Founded in Manchester in 2006, boohoo is an inclusive and innovative brand targeting young, value-orientated customers. Since 2006, 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. 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. United by a shared customer value proposition, our brands design, source, market and sell great quality clothes, shoes and accessories at affordable prices. These investment propositions have helped us grow from a single brand, into a major multi-brand online retailer, leading the fashion eCommerce market for 16 to 40-year-olds with a global presence. As at 29 February 2020, the Group had just under 14 million active customers across all its brands around the world.

 

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