boohoo.com plc Share issue to Chairman and Non-Exec Directors (8185F)
February 23 2018 - 7:19AM
UK Regulatory
TIDMBOO
RNS Number : 8185F
boohoo.com plc
23 February 2018
For Immediate Release 23 February 2018
boohoo.com plc
("boohoo" or the "Company")
Issuance of Ordinary Shares to the Chairman and Non--Executive
Directors
boohoo, one of the UK's largest pure--play online, own brand
fashion retailers, announces that it has issued new ordinary shares
of 1 pence each ("New Ordinary Shares") to its Chairman and
Non--executive Directors as part of their compensation package.
A total of 35,224 New Ordinary Shares were issued at an
effective price of 184.525 pence under the terms of their service
agreements 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 year ending February 2018 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 Number Percentage
the share of New of Ordinary of the
issuance Ordinary Shares enlarged
Shares held following Ordinary
Issued the issuance Share Capital
---------------- ------------ ---------- ---------------- ---------------
Peter Williams GBP25,000 13,548 491,962 0.04
---------------- ------------ ---------- ---------------- ---------------
David Forbes GBP10,000 5,419 276,784 0.02
---------------- ------------ ---------- ---------------- ---------------
Sara Murray GBP10,000 5,419 12,244 0.001
---------------- ------------ ---------- ---------------- ---------------
Pierre
Cuilleret GBP10,000 5,419 105,419 0.009
---------------- ------------ ---------- ---------------- ---------------
Iain McDonald GBP10,000 5,419 434,419 0.03
---------------- ------------ ---------- ---------------- ---------------
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 1 March 2018.
Total Voting Rights
Following admission of the New Ordinary Shares, the total number
of ordinary shares and voting rights in the Company will be
1,149,493,788. 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.
About boohoo.com plc
"Leading the fashion eCommerce market"
Founded in Manchester in 2006, the group started life as
boohoo.com, an inclusive and innovative brand targeting young,
value-orientated customers. For over 10 years, 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 and children's wear, through boohooMAN and boohooKIDS.
In early 2017 the group extended its customer offering through
the acquisitions of the vibrant fashion brand PrettyLittleThing,
and free-thinking brand Nasty Gal. United by a shared customer
value proposition, our brands design, source, market and sell great
quality clothes, shoes and accessories at unbeatable prices. This
investment proposition has helped us grow from a single brand, into
a major multi-brand online retailer, leading the fashion eCommerce
market for 16 to 30-year-olds around the world. Today the boohoo
group sells to over 8 million customers in almost every country in
the world.
Enquiries
boohoo.com plc
Neil Catto, Chief Financial Tel: +44 (0)161 233 2050
Officer Tel: +44 (0)7748 171236
Clara Melia, Investor Relations
Zeus Capital - Nominated
adviser and joint broker Tel: +44 (0)161 831 1512
Nick Cowles/Andrew Jones Tel: +44 (0)20 3829 5000
(Corporate Finance)
John Goold/Benjamin Robertson
(Corporate Broking)
Jefferies Hoare Govett
- Joint Broker Tel: +44 (0)20 7029 8000
Nick Adams/Max Jones
Buchanan - Financial PR
adviser Tel: +44 (0)20 7466 5000
Richard Oldworth/Madeleine boohoo@buchanan.uk.com
Seacombe
This information is provided by RNS
The company news service from the London Stock Exchange
END
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