Director Shareholding

RNS Number : 5783J

boohoo group plc

13 December 2022

 

13 December 2022

boohoo group plc

("boohoo" or the "Group")

Director Shareholding

boohoo (AIM: BOO), a leading online fashion group, has been informed that Carol Kane, Group Co-Founder and Executive Director, has transferred 13,330,421 ordinary shares of 1 pence each in the Group ("Ordinary Shares"), representing approximately 1.05% of the issued share capital, to Mark White in order to facilitate the formally agreed settlement of divorce proceedings.

Following the transfer, Carol will retain 20,000,000 Ordinary Shares, representing approximately 1.58% of the Group's issued share capital.

Further details are set out in the below notifications, made in accordance with the requirements of the UK Market Abuse Regulation. 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Carol Kane
2	Reason for the notification
a)	Position/status	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 Identification code	Ordinary shares of 1p ISIN: JE00BG6L7297
b)	Nature of the transaction	Disposal via a transfer of Ordinary Shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.01 13,330,421
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	13 December 2022
f)	Place of the transaction	Outside of a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mark White
2	Reason for the notification
a)	Position/status	Closely associated person of Carol Kane, 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 Identification code	Ordinary shares of 1p ISIN: JE00BG6L7297
b)	Nature of the transaction	Acquisition via a transfer of Ordinary Shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.01 13,330,421
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	13 December 2022
f)	Place of the transaction	Outside of a trading venue

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Enquiries
boohoo group plc
Shaun McCabe, 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
Andrew Jones / James Edis / Dan Bate	Tel: [phone]
Benjamin Robertson	Tel: [phone]
Jefferies - Joint broker
Philip Noblet / Max Jones	Tel: [phone]
Buchanan - Financial PR adviser	[e-mail]
Richard Oldworth / Toto Berger / Verity Parker	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 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 31 August 2022, the boohoo group had 19 million active customers across all its brands around the world.

 

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