Purchase of shares by EBT

RNS Number : 0160O

boohoo.com plc

01 August 2014

 

1 August 2014

boohoo.com plc

("boohoo" or the "Company")

Purchase of shares by EBT

boohoo.com plc today announces that it has been notified by the trustee of the boohoo.com plc Employee Benefit Trust (the "EBT") that the EBT has purchased a total of 1,000,000 Ordinary Shares of 1 pence each ("Ordinary Shares") on 1 August 2014, at an average price of 40 pence per Ordinary Share.

The EBT is a discretionary trust for the benefit of employees of the Company and its subsidiaries.

By making these purchases of Ordinary Shares, the EBT has reduced the potential requirement for the Company to issue new Ordinary Shares in order to satisfy the potential exercise of options held by employees of the Company under the Employee Share Option Plan ("ESOP").   The total number of shares under option through the ESOP is currently 11,508,000 Ordinary Shares.

Enquiries:

boohoo.com plc Mahmud Kamani, Joint Chief Executive Carol Kane, Joint Chief Executive Neil Catto, Chief Financial Officer	c/o Buchanan [phone]
Buchanan - Financial PR adviser Richard Oldworth Helen Chan Gabriella Clinkard	[phone] [e-mail]
Zeus Capital - Nominated adviser and broker Corporate Finance Nick Cowles Andrew Jones Institutional Sales John Goold Dom King	Tel: [phone] Tel: [phone]

 

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