boohoo group plc Grant of Options and Directors' Dealings (1624M)
May 19 2022 - 12:00PM
UK Regulatory
TIDMBOO
RNS Number : 1624M
boohoo group plc
19 May 2022
For Immediate Release 19 May 2022
boohoo group plc
("boohoo " or the "Company")
Grant of Options and Directors' Dealings
boohoo group plc (AIM: BOO), a leading online fashion group,
announces that on 17 May 2022 options over a total of 786,408
ordinary shares of 1 pence each ("Shares") were granted pursuant to
the Company's Deferred Bonus Plan ("DBP"), equating to 0.06% of the
current issued share capital.
The grant comprises an option over 593,425 Shares to John
Lyttle, CEO, and over 192,983 Shares to Neil Catto, Chief Financial
Officer. The options granted have a vesting period of two years
ending on 17 May 2024, with an exercise price of 79.67 pence per
Share.
Following this grant John Lyttle's and Neil Catto's interests in
Shares is as follows:
Director Shares held Shares under Shares held Shares under Shares under Total % of issued
personally option in under SIP option in option in DBP interest* share
LTIP SAYE capital*
John Lyttle 188,172 0 4,994 8,297 593,425 794,888 0.06%
------------- ------------- ------------- ------------- ------------- ------------- -------------
Neil Catto 79,735 1,005,038 15,503 8,297 192,983 1,301,556 0.10%
------------- ------------- ------------- ------------- ------------- ------------- -------------
*John and Neil also have an interest in Shares through the
Management Incentive Plan, as previously announced.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
1 Details of the person discharging managerial
responsibilities / person closely associated
a) Name John Lyttle
--------------------- -----------------------------
2 Reason for the notification
----------------------------------------------------
a) Position/status CEO
--------------------- -----------------------------
b) Initial notification Initial notification
/Amendment
--------------------- -----------------------------
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 Ordinary shares of 1p
of the financial
instrument, ISIN: JE00BG6L7297
type of instrument
Identification
code
--------------------- -----------------------------
b) Nature of the Grant of shares under option
transaction in the Company's DBP
--------------------- -----------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) 0.7967 593,425
--------------------- -----------------------------
d) Aggregated
information N/A
- Aggregated
volume
- Price
--------------------- -----------------------------
e) Date of the 17 May 2022
transaction
--------------------- -----------------------------
f) Place of the Off market transaction
transaction
--------------------- -----------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
a) Name Neil Catto
--------------------- -----------------------------
2 Reason for the notification
----------------------------------------------------
a) Position/status Chief Financial Officer
--------------------- -----------------------------
b) Initial notification Initial notification
/Amendment
--------------------- -----------------------------
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 Ordinary shares of 1p
of the financial
instrument, ISIN: JE00BG6L7297
type of instrument
Identification
code
--------------------- -----------------------------
b) Nature of the Grant of shares under option
transaction in the Company's DBP
--------------------- -----------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) 0.7967 192,983
--------------------- -----------------------------
d) Aggregated
information N/A
- Aggregated
volume
- Price
--------------------- -----------------------------
e) Date of the 17 May 2022
transaction
--------------------- -----------------------------
f) Place of the Off market transaction
transaction
--------------------- -----------------------------
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
Mark Mochalski, Investor Relations Tel: +44 (0)20 3239 6289
Zeus - Nominated adviser and joint
broker
Nick Cowles / Andrew Jones Tel: +44 (0)161 831 1512
Benjamin Robertson Tel: +44 (0)20 3829 5000
Jefferies - Joint broker
Philip Noblet / Max Jones Tel: +44 (0)20 7029 8000
Buchanan - Financial PR adviser boohoo@buchanan.uk.com
Richard Oldworth / Kim Looringh-van
Beeck / Toto Berger / Sophie Wills
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 2022, the
boohoo group had 20 million active customers across all its brands
around the world.
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