boohoo group plc

Grant of Options and Directors' Dealings

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 personally

Shares under option in LTIP

Shares held under SIP

Shares under option in SAYE

Shares under option in DBP

Total interest*

% of issued share 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 /Amendment

Initial notification

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 of the financial instrument, type of instrument

Identification code

Ordinary shares of 1p

 

ISIN: JE00BG6L7297

b)

Nature of the transaction

Grant of shares under option in the Company's DBP

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

0.7967

593,425



d)

Aggregated information

- Aggregated volume

- Price


N/A

e)

Date of the transaction

17 May 2022

f)

Place of the transaction

Off market 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 /Amendment

Initial notification

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 of the financial instrument, type of instrument

Identification code

Ordinary shares of 1p

 

ISIN: JE00BG6L7297

b)

Nature of the transaction

Grant of shares under option in the Company's DBP

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

0.7967

192,983



d)

Aggregated information

- Aggregated volume

- Price


N/A

e)

Date of the transaction

17 May 2022

f)

Place of the transaction

Off market 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

[email protected]

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.

 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHZZGMKKLVGZZM