Directorate Changes

RNS Number : 5400X

boohoo group plc

05 May 2021

 

For Immediate Release

5 May 2021

boohoo group plc

("boohoo" or "the Group")

Directorate Changes

boo hoo (AIM: BOO) , a leading online fashion retailer, is pleased to announce the appointment of Tim Morris to the Board as Non-Executive Director, with effect from today. Tim will become a member of the Audit, Nomination, Remuneration, and Risk Committees on appointment.

Tim is currently Group General Counsel & Company Secretary at TalkTalk Telecom Group Limited, which was on the main list of the London Stock Exchange until March 2021 and which he joined prior to its IPO in 2010. He held similar positions at Carphone Warehouse Group PLC prior to its IPO in 2000 until 2015 during which time it merged with Dixons to create Dixons Carphone PLC. He is also a founding Partner of Freston Ventures Investments LLP, which invests in a number of private businesses including Five Guys Europe, in addition to various indirect private equity and investment funds. Tim is a Solicitor who worked in private practice before 2000 specialising in corporate finance.

Simultaneously, after nearly four great years on the board, Pierre Cuilleret steps down as a Non-Executive Director with effect from today.  

Mahmud Kamani, Group Executive Chairman, commented:

"I am delighted to welcome someone of Tim's calibre to the Group and look forward to his contribution. His extensive experience will broaden and enrich the Board's overall expertise and provide a high level of scrutiny and accountability.

"On behalf of the Board, I would like to thank Pierre for his positive contribution to the Group throughout his period of service. His business expertise, integrity and wisdom have greatly assisted during a period in which the Group has seen significant growth and expansion."  

Tim Morris, commented:

"I look forward to helping the Group execute its strategy to become a leader in global fashion e-commerce and shaping a culture that creates value for stakeholders over the long term, particularly by adding increased independent oversight of risk management and corporate governance practices."

The following additional information is provided in accordance with paragraph (g) of Schedule Two of the AIM Rules for Companies.

Timothy Simon Morris (aged 56) holds or has held the following directorships or partnerships in the past five years:

Current Directorships or Partnerships	Previous Directorships or Partnerships
Dunstone Education Trust	Adventure Telecom Limited
Chaisty Limited	Core Telecommunications Limited
Augusta 64 LLP	CPW Broadband Services (UK) Limited
Freestone Ventures Investments LLP	CPW Network Services Limited
Poleved Limited	CPW UK Group Limited
Toucan Residential Ireland Limited	Executel Limited
TalkTalk Broadband Service (Ireland) Limited	Future Office Communications
Tele2 Communications Services Limited	GIS Telecoms Limited
Student Castle Investments LLP	Green Dot Property Management
	Greystone Telecom Limited
	Mikella Limited
	Onetel Telecommunications Limited
	Opal Business Solutions Limited
	Opal Connect Limited
	Pipex Internet Limited
	Pipex UK Limited
	TalkTalk Brands Limited
	TalkTalk Corporate Limited
	TalkTalk Direct Limited
	TalkTalk Group Limited
	TalkTalk RB Limited
	TalkTalk Technology Limited
	TalkTalk Telecom Holdings Limited
	TalkTalk Telecom Limited
	TalkTalk UK Communication Services Limited
	Telco Global Distribution Limited
	Telco Global Limited
	Telco Holdings Limited
	Tiscali UK Limited
	UK Telco (GB) Limited
	V Networks Limited
	Vartec Telecom Europe Limited
	Video Networks Limited
	World Online Telecom Limited
	Noble Foods Group Limited
	Wireless Internet Portfolio B.V.
	Tosca IOM Midco Limited
	Tosca IOM Finco Limited

Tim has no shares in the Group.

There is no further information to be disclosed pursuant to Schedule Two Part (g) of the AIM Rules for Companies.

Enquiries
boohoo group plc
Neil Catto, Chief Financial Officer	Tel: [phone]
Alistair Davies, Investor Relations	Tel: [phone]
Clara Melia, Investor Relations	Tel: [phone]
Mark Mochalski, 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 / Sophie Wills	Tel: [phone]

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 an online marketplace through a new capital light and low risk operating model. In February 2021, the Group acquired the intellectual property assets of UK brands Burton, Dorothy Perkins and Wallis.

 

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