Grant of Options & Director's Dealing
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For Immediate Release |
5 November 2020 |
boohoo.com plc
("boohoo.com" or the "Company")
Grant of Options
And
Director's Dealing
boohoo.com (AIM: BOO), a leading online fashion group, announces that on 3 November 2020 options over a total of 2,636,959 Ordinary Shares of 1 pence each ("Shares") were granted pursuant to the Company's Long Term Incentive Plan ('LTIP'), equating to 0.21% of the current issued share capital.
The options granted have a vesting period of three years ending on 28 February 2023 and vesting is dependent on meeting challenging performance conditions.
Options over a total of 2,541,635 Shares were granted at nominal value. The grant comprises an option over 164,865 Shares to Neil Catto, Chief Financial Officer, and options over 2,376,770 Shares, in aggregate, to 28 senior managers. In addition, options over a total of 95,324 Shares were granted, in aggregate, to 13 senior managers at an exercise price of 272.95 pence per Share.
Following this grant Neil's interest in Shares is as follows:
|
Director |
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 |
79,735 |
1,005,038 |
11,393 |
8,297 |
1,104,463 |
0.09% |
*Neil also has 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.
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Neil Catto |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Financial Officer |
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b)
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Initial notification /Amendment |
Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Boohoo.com plc |
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b) |
LEI |
213800SZF3KFCECWY243 |
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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 |
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|
a)
|
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of 1p
ISIN: JE00BG6L7297 |
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b) |
Nature of the transaction |
Grant of shares under option in the Company's LTIP |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Price |
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e) |
Date of the transaction |
3 November 2020 |
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f) |
Place of the transaction |
London Stock Exchange, AIM |
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Enquiries
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boohoo group plc |
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Neil Catto, Chief Financial Officer |
Tel: +44 (0)161 233 2050 |
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Alistair Davies, Investor Relations |
Tel: +44 (0)161 233 2050 |
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Clara Melia, Investor Relations |
Tel: +44 (0)20 3289 5520
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Zeus Capital - Nominated adviser and joint broker |
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Nick Cowles/Andrew Jones (Corporate Finance) |
Tel: +44 (0)161 831 1512 |
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John Goold/Benjamin Robertson (Corporate Broking) |
Tel: +44 (0)20 3829 5000 |
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Jefferies - Joint broker |
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Philip Noblet/Max Jones |
Tel: +44 (0)20 7029 8000 |
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Buchanan - Financial PR adviser |
boohoo@buchanan.uk.com |
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Richard Oldworth/ Kim Looringh-van Beeck/Toto Berger |
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. Since 2006, 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. 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. United by a shared customer value proposition, our brands design, source, market and sell great quality clothes, shoes and accessories at unbeatable prices. These investment propositions have helped us grow from a single brand, into a major multi-brand online retailer, leading the fashion eCommerce market for 16 to 40-year-olds around the world. As at 31 August 2020, the boohoo group had just over 17 million active customers across all its brands around the world.
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