Grant of Options and Directors' Dealings

RNS Number : 1624M

boohoo group plc

19 May 2022

 

For Immediate Release

19 May 2022

boohoo group plc

("boohoo " or the "Company")

Grant of Options and Directors' Dealings

boohoo group plc (AIM: BOO), a leading online fashion group, announces that on 17 May 2022 options over a total of 786,408 ordinary shares of 1 pence each ("Shares") were granted pursuant to the Company's Deferred Bonus Plan ("DBP"), equating to 0.06% of the current issued share capital.

The grant comprises an option over 593,425 Shares to John Lyttle, CEO, and over 192,983 Shares to Neil Catto, Chief Financial Officer. The options granted have a vesting period of two years ending on 17 May 2024, with an exercise price of 79.67 pence per Share.

Following this grant John Lyttle's and Neil Catto's interests in Shares is as follows:

Director	Shares held personally	Shares under option in LTIP	Shares held under SIP	Shares under option in SAYE	Shares under option in DBP	Total interest*	% of issued share capital*
John Lyttle	188,172	0	4,994	8,297	593,425	794,888	0.06%
Neil Catto	79,735	1,005,038	15,503	8,297	192,983	1,301,556	0.10%

*John and Neil also have an interest in Shares through the Management Incentive Plan, as previously announced.

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	John Lyttle
2	Reason for the notification
a)	Position/status	CEO
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 Identification code	Ordinary shares of 1p ISIN: JE00BG6L7297
b)	Nature of the transaction	Grant of shares under option in the Company's DBP
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.7967 593,425
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	17 May 2022
f)	Place of the transaction	Off market transaction

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Neil Catto
2	Reason for the notification
a)	Position/status	Chief Financial Officer
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 Identification code	Ordinary shares of 1p ISIN: JE00BG6L7297
b)	Nature of the transaction	Grant of shares under option in the Company's DBP
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.7967 192,983
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	17 May 2022
f)	Place of the transaction	Off market transaction

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 - Nominated adviser and joint broker
Nick Cowles / Andrew Jones	Tel: [phone]
Benjamin Robertson	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

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 a digital department store and marketplace through a new capital-light and low-risk operating model. In February 2021, the group acquired the intellectual property assets of UK brands Dorothy Perkins, Wallis and Burton. As at 28 February 2022, the boohoo group had 20 million active customers across all its brands around the world.

 

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