Employee Share Option Grant

RNS Number : 4183E
boohoo group plc
05 November 2020
 

 

 5 November 2020

 

 

 

boohoo group plc

("boohoo" or the "Company")

 

Employee Share Option Grant

boohoo group plc (AIM: BOO), a leading online fashion group, announces that options over a total of 14,757,805 Ordinary Shares of 1 pence each ("Shares") were granted to 530 employees on 3 November 2020 pursuant to the Company's Employee Share Option Plan ('ESOP'), equating to 1.17% of the current issued share capital.

The options granted have a vesting period of three years, a total exercise period of ten years and an exercise price of 272.95p per share which was the closing price of boohoo shares on 2 November 2020.

 

Enquiries

 

 

 

 

boohoo group 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 - Joint broker

 

Philip Noblet/Max Jones

Tel: +44 (0)20 7029 8000

 

 

 

 

Buchanan - Financial PR adviser

boohoo@buchanan.uk.com

Richard Oldworth/ Kim Looringh-van Beeck/Toto Berger

Tel: +44 (0)20 7466 5000

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 unbeatable 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 around the world. As at 31 August 2020, the boohoo group had just over 17 million active customers across all its brands around the world.

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Boohoo Group (BOO)
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