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boohoo group plc (BOO)

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Wednesday 24 July, 2019

boohoo group plc

Employee Share Option Grant

RNS Number : 6212G
boohoo group plc
24 July 2019
 

For Immediate Release

24 July 2019

 

 

 

boohoo group plc

("boohoo" or the "Company")

 

Employee Share Option Grant

boohoo group plc (AIM: BOO), a leading online fashion group, announces that options over a total of 10,450,000 Ordinary Shares of 1 pence each ("Shares") were granted to 408 employees on 23 July 2019  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 219.65p per share which was the closing price of boohoo shares on 23 July 2019.

Following these grants the Company has a total of 33,109,321 Shares under option representing approximately 2.84% of the issued ordinary share capital of the Company.

 

Enquiries

 

boohoo group 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


Philip Noblet/ Max Jones

Tel: +44 (0)20 7029 8000



Buchanan - Financial PR adviser

[email protected]

Richard Oldworth/ Sophie Wills/ Maddie Seacombe

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 brand targeting young, value-orientated customers. For 13 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 and in March 2019 acquired the Miss Pap brand. 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. As at 28th February 2019, the boohoo group had around 13 million active customer accounts across all its brands around 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 www.rns.com.
 
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