Grant of Options, Directors' Dealings and TVR
Summary by AI BETAClose X
FOR IMMEDIATE RELEASE 26 August 2025
boohoo group plc
(the "Company" or "Debenhams Group")
Grant of Options, Directors' Dealings and TVR
Debenhams Group (AIM: DEBS), the online powerhouse in fashion, home and beauty, announces that it has today granted nil cost options over a total of 16,460,918 ordinary shares of 1 pence each in the Company ("Shares") to 7 employees of the Group under the Debenhams Incentive Plan (the "DIP" Options").
The Debenhams Incentive Plan is a long-term incentive plan for senior management of the Debenhams brand. It was originally established as part of legacy remuneration arrangements at the time when Dan Finley and Phil Ellis served as Debenhams brand CEO and CFO respectively, before their appointments to the Board as Group CEO and Group CFO. The awards represent share-based compensation for the financial year ending 28 February 2025.
Dan Finley received DIP Options over 11,659,808 Shares and Phil Ellis received DIP Options over 800,185 Shares. 50% of the options vest and become exercisable immediately and 50% vest and become exercisable in 12 months.
Dan and Phil have agreed to waive their rights to participate in the DIP going forward.
In addition, nil cost options over 1,028,806 Shares were granted to Phil Ellis. This award form part of the terms and conditions of Phil's appointment as Group CFO. This award vests and becomes exercisable on 11 March 2026 (the "Conditional Award").
Any exercise of the DIP Options and/or the Conditional Award will be satisfied by the Company's Employee Benefit Trust and there is no dilutive impact on shareholders.
Following this grant of the DIP Options and the Conditional Award, Dan and Phil have the number of Shares and options over Shares set out in the table below:
|
Director |
Shares held personally |
Shares under option in LTIP |
Shares held under SIP |
Shares under option in SAYE |
Shares under option in DSP |
Shares under option in DIP |
Shares under option in Conditional Award |
Total interest |
|
Dan Finley |
290,806 |
- |
- |
60,000 |
3,123,340
|
11,659,808 |
4,658,441 |
19,792,395 |
|
Phil Ellis |
- |
- |
- |
- |
500,000 |
800,185 |
1,028,806 |
2,328,991 |
Total Voting Rights
As at 26 August 2025 the total number of Ordinary Shares and voting rights in the Company remains unchanged at 1,397,424,226. No Ordinary Shares are held in treasury. This figure for total number of Ordinary Shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Rules and Transparency Rules.
|
Enquiries |
|
|
Debenhams Group |
|
|
Phil Ellis, Chief Financial Officer |
Tel: +44 (0)161 233 2050 |
|
Zeus Capital - Nominated adviser and joint broker |
|
|
Nick Cowles / Dan Bate / James Edis |
Tel: +44 (0)161 831 1512 |
|
Benjamin Robertson |
Tel: +44 (0)20 3829 5000 |
|
|
|
|
Panmure Liberum - Joint broker |
|
|
Max Jones / Ailsa MacMaster / Gaya Bhatt |
Tel: +44 (0)20 3100 2000 |
|
Sodali & Co - Financial PR adviser |
|
|
Ben Foster / Louisa Henry |
Tel: +44 (0)20 3984 0114 |
About Debenhams Group
Debenhams Group is an online powerhouse in fashion, home, and beauty, serving millions of customers across five shopping destinations: Debenhams, Karen Millen, boohoo, MAN and PLT. Debenhams Group dates back to 1778 when William Clark, a retail pioneer of the time, opened the UK's first department store. Today, the Group is home to Debenhams-which was relaunched in 2021 as an online department store-and leading online fashion retailers, including boohoo, PLT, MAN, and Karen Millen.
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 |
Dan Finley
|
||||||
|
2 |
Reason for the notification
|
|||||||
|
a) |
Position/status
|
Group Chief Executive 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 each
ISIN: JE00BG6L7297
|
||||||
|
b) |
Nature of the transaction |
Grant of options
|
||||||
|
c) |
Price(s) and volume(s) |
|
||||||
|
d) |
Aggregated information - Aggregated volume - Price |
|
||||||
|
e) |
Date of the transaction |
26 August 2025
|
||||||
|
f) |
Place of the transaction |
Outside of a trading venue
|
||||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated
|
|||||||||||||
|
a) |
Name |
Phil Ellis
|
||||||||||||
|
2 |
Reason for the notification
|
|||||||||||||
|
a) |
Position/status
|
Group 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 each
ISIN: JE00BG6L7297
|
||||||||||||
|
b) |
Nature of the transaction |
Grant of Options
|
||||||||||||
|
c) |
Price(s) and volume(s) |
|
||||||||||||
|
d) |
Aggregated information - Aggregated volume - Price |
|
||||||||||||
|
e) |
Date of the transaction |
26 August 2025
|
||||||||||||
|
f) |
Place of the transaction |
Outside of a trading venue
|
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