Purchase of Shares by Employee Benefit Trust

RNS Number : 9760X
boohoo group plc
07 May 2021
 

 

 

 

For Immediate Release

7 May 2021

boohoo group plc

("boohoo" or "the Group")

Purchase of Shares by Employee Benefit Trust

boohoo (AIM: BOO), a leading online fashion retailer, announces that the Trustee of the Group's Employee Benefit Trust ("EBT") has purchased 2,979,835 ordinary shares of 1 pence each ("Shares") at an average net price of  321.52 pence per share.

 

These purchases are intended to satisfy future awards of shares under boohoo group plc's employee share plans and these will be held by the Trustee in the Group's EBT.

 

 

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 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 - 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

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 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 an online marketplace through a new capital light and low risk operating model. In February 2021, the Group acquired the intellectual property assets of UK brands Burton, Dorothy Perkins and Wallis.

 

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