Purchase of Shares by Employee Benefit Trust

boohoo group plc
31 May 2023
 

For Immediate Release                                                                                                                     31 May 2023

 

boohoo group plc

("boohoo" or the "Company" or the "Group")

Purchase of Shares by Employee Benefit Trust

boohoo (AIM: BOO), announces that the Trustee of the Group's Employee Benefit Trust ("EBT") has purchased 12,606,970 ordinary shares of 1 pence each ("Shares") at an average net price of 42.12 pence per share.

 

These purchases are intended to satisfy future awards of shares under the Group's employee share plans and will be held by the Trustee in the Group's EBT.

 

Following this transaction, a total of 59,783,627 Ordinary Shares are held by the EBT, representing approximately 4.71 per cent of the Company's total voting rights.

 

Total Voting Rights

 

As at 31 May 2023 the total number of ordinary shares of 1p each ("Ordinary Shares") and voting rights in the Company is 1,268,444,763. No Ordinary Shares are held in treasury. This figure for total number of Ordinary Shares may be used by shareholders 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 Company under the Financial Conduct Authority's Disclosure Rules and Transparency Rules. 

 

 

Enquiries


boohoo group plc


Shaun McCabe, 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

Mark Mochalski, Investor Relations

Tel: +44 (0)20 3239 6289





Zeus - Nominated adviser and joint broker


Andrew Jones / James Edis / Dan Bate

Tel: +44 (0)161 831 1512

Benjamin Robertson

Tel: +44 (0)20 3829 5000





Jefferies - Joint broker


Ed Matthews

Tel: +44 (0)20 7029 8000

Harry Le May

Tel: +44 (0)20 7029 8000





Buchanan - Financial PR adviser

boohoo@buchanan.uk.com

Richard Oldworth / Toto Berger / Verity Parker

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 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 2023, the boohoo group had 18 million active customers across all its brands around the world.

 

 

 

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Companies

Boohoo Group (BOO)
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