BOO.GB Boohoo Group Plc

TIDMBOO

RNS Number : 3293C

boohoo group plc

21 February 2022

 
 For Immediate Release   21 February 2022 
 
 

boohoo group plc

("boohoo" or the "Company")

Issuance of Ordinary Shares to all Non--Executive Directors and Total Voting Rights

boohoo group plc (AIM: BOO), a leading online fashion group , announces that it has issued new ordinary shares of 1 pence each ("New Ordinary Shares") to its Non--Executive Directors as part of their compensation package.

A total of 63,761 New Ordinary Shares were issued at an effective price of 94.10 pence under the terms of their letter of appointment which require compensation to be made partly in cash and partly in Ordinary Shares. The New Ordinary Shares represent the share compensation due for the financial year ending 28 February 2022 and are subject to lock in provisions for as long as the recipient remains a director of boohoo. The details of the issuance are set out below:

 
 Director         Value of      Number of        Number of       Percentage 
                   the share     New Ordinary     Ordinary        of the enlarged 
                   issuance      Shares Issued    Shares held     Ordinary 
                                                  following       Share Capital 
                                                  the issuance    (%) 
 Brian Small      GBP20,000     21,253           98,734          0.0077 
                 ------------  ---------------  --------------  ----------------- 
 Shaun McCabe     GBP10,000     10,627           110,627         0.0087 
                 ------------  ---------------  --------------  ----------------- 
 Tim Morris       GBP10,000     10,627           26,297          0.0021 
                 ------------  ---------------  --------------  ----------------- 
 Iain McDonald    GBP10,000     10,627           731,963         0.0577 
                 ------------  ---------------  --------------  ----------------- 
 Kirsty Britz     GBP10,000     10,627           10,627          0.0008 
                 ------------  ---------------  --------------  ----------------- 
 

Trading in the New Ordinary Shares, which will rank pari passu in all respects with the existing Ordinary Shares, is expected to commence on or around 23 February 2022.

Total Voting Rights

Following admission of the New Ordinary Shares, the total number of ordinary shares and voting rights in the Company will be 1,267,688,084 . The Company does not hold any shares in treasury.

The above figure may be used by shareholders in the Company 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 share capital of the Company under the FCA's Disclosure and Transparency Rules.

 
 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             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    Tel: +44 (0)20 7466 5000 
  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 31 August 2021, the boohoo group had 19 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 rns@lseg.com 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

IOEFLFVEFRILFIF

(END) Dow Jones Newswires

February 21, 2022 10:39 ET (15:39 GMT)

Boohoo (AQSE:BOO.GB)
Gráfico Histórico do Ativo
De Fev 2025 até Mar 2025

Boohoo (AQSE:BOO.GB)
Gráfico Histórico do Ativo
De Mar 2024 até Mar 2025