boohoo group plc Employee Share Option Grant (6212G)
July 24 2019 - 10:09AM
UK Regulatory
TIDMBOO
RNS Number : 6212G
boohoo group plc
24 July 2019
For Immediate Release 24 July 2019
boohoo group plc
("boohoo" or the "Company")
Employee Share Option Grant
boohoo group plc (AIM: BOO), a leading online fashion group,
announces that options over a total of 10,450,000 Ordinary Shares
of 1 pence each ("Shares") were granted to 408 employees on 23 July
2019 pursuant to the Company's Employee Share Option Plan
('ESOP').
The options granted have a vesting period of three years, a
total exercise period of ten years and an exercise price of 219.65p
per share which was the closing price of boohoo shares on 23 July
2019.
Following these grants the Company has a total of 33,109,321
Shares under option representing approximately 2.84% of the issued
ordinary share capital of the Company.
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
Zeus Capital - Nominated adviser and
joint broker
Nick Cowles/Andrew Jones (Corporate Tel: +44 (0)161 831 1512
Finance)
John Goold/Benjamin Robertson (Corporate Tel: +44 (0)20 3829 5000
Broking)
Jefferies Hoare Govett - Joint broker
Philip Noblet/ Max Jones Tel: +44 (0)20 7029 8000
Buchanan - Financial PR adviser boohoo@buchanan.uk.com
Richard Oldworth/ Sophie Wills/ Maddie Tel: +44 (0)20 7466 5000
Seacombe
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. For
13 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, 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 and in March 2019 acquired the
Miss Pap brand. 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. As at 28(th) February 2019, the
boohoo group had around 13 million active customer accounts across
all its brands around the world.
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END
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