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Friday 29 June, 2018 plc

Grant of Options

RNS Number : 9804S plc
29 June 2018

For Immediate Release     

29 June 2018 plc

("" or the "Company")


Grant of Options (AIM: BOO), a leading online fashion group, announces that options over a total of 1,281,497 Ordinary Shares of 1 pence each ("Shares") were granted, at nominal value, on 28 June 2018 pursuant to the Company's Long Term Incentive Plan ('LTIP').

The grant comprises an option over 128,744 Shares to Neil Catto, Chief Financial Officer and options over 1,152,753 Shares in aggregate, to 15 senior managers.

Following this grant Neil's interest in Shares is as follows:


Shares held personally

Shares under option in LTIP

Shares held under SIP

Shares under option in SAYE

Total interest

% of issued share capital

Neil Catto








The LTIP options granted have a performance period of three years ending on 28 February 2021 and vesting is dependent on meeting challenging performance conditions.

In addition, the Company announces that options over a total of 7,940,000 Ordinary Shares of 1 pence each were granted on 28 June 2018 to 350 employees pursuant to the Company's Employee Share Option Plan ('ESOP').

The options granted have a vesting period of three years, a total exercise period of ten years and an exercise price of 201.95 pence per Ordinary Share.

Following these grants the Company has a total of 33,087,003 Shares under option representing approximately 2.86% of the issued ordinary share capital of the Company.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.



Details of the person discharging managerial responsibilities / person closely associated



Neil Catto


Reason for the notification






Initial notification /Amendment

Initial notification



Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor


Name plc






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



Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 1p


ISIN: JE00BG6L7297


Nature of the transaction

Grant of shares under option in the Company's LTIP


Price(s) and volume(s)








Aggregated information

- Aggregated volume

- Price



Date of the transaction

28 June 2018


Place of the transaction

London Stock Exchange, AIM



Enquiries 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 Hoare Govett - Joint broker


Nick Adams/Max Jones

Tel: +44 (0)20 7029 8000



Buchanan - Financial PR adviser

[email protected]

Richard Oldworth/Madeleine Seacombe/

Tel: +44 (0)20 7466 5000

Gemma Mostyn-Owen



About plc


"Leading the fashion eCommerce market"


Founded in Manchester in 2006, the group started life as, an inclusive and innovative brand targeting young, value-orientated customers. For over 10 years, 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. United by a shared customer value proposition, our brands design, source, market and sell great quality clothes, shoes and accessories at unbeatable prices. This investment proposition has helped us grow from a single brand, into a major multi-brand online retailer, leading the fashion eCommerce market for 16 to 30-year-olds around the world. Today the boohoo group sells to over 9.8 million customer accounts across all its brands in almost every country in the world.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit

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