TIDMBOO

RNS Number : 9760X

boohoo group plc

07 May 2021

 
 
 
 
 For Immediate Release   7 May 2021

boohoo group plc

("boohoo" or "the Group")

Purchase of Shares by Employee Benefit Trust

boohoo (AIM: BOO), a leading online fashion retailer, announces that the Trustee of the Group's Employee Benefit Trust ("EBT") has purchased 2,979,835 ordinary shares of 1 pence each ("Shares") at an average net price of 321.52 pence per share.

These purchases are intended to satisfy future awards of shares under boohoo group plc's employee share plans and these will be held by the Trustee in the Group's EBT.

 
 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 (Corporate        Tel: +44 (0)161 831 
  Finance)                                   1512 
 John Goold/Benjamin Robertson (Corporate   Tel: +44 (0)20 3829 
  Broking)                                   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 
  Beeck / Toto Berger / Sophie Wills         5000

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 an online marketplace through a new capital light and low risk operating model. In February 2021, the Group acquired the intellectual property assets of UK brands Burton, Dorothy Perkins and Wallis.

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(END) Dow Jones Newswires

May 07, 2021 10:28 ET (14:28 GMT)

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