boohoo.com plc SAYE Share Scheme 2016 (1952N)
October 21 2016 - 6:30AM
UK Regulatory
TIDMBOO
RNS Number : 1952N
boohoo.com plc
21 October 2016
For Immediate Release 21 October 2016
boohoo.com plc
("boohoo" or the "Company")
SAYE Share Scheme 2016
boohoo, one of the UK's largest pure-play online, own brand
fashion retailers, announces the grant of options to employees as
part of its Save As You Earn ('SAYE') share scheme for 2016. The
scheme is open to all employees, giving them the opportunity to
participate in the future growth of the Company via share option
arrangements.
Eligible employees were invited to subscribe for options over
Ordinary Shares with an exercise price of 78.8 pence, a 20%
discount to the closing middle market price of the Ordinary Shares
on 27 September 2016, the day before the invitation to participate
was made. The options have a contract start date of 1 December 2016
and are exercisable between 1 December 2019 and 31 May 2020.
A total of 441 employees elected to participate, and pursuant to
these elections a total of 2,837,947 options over Ordinary Shares
were issued on 21 October 2016 equating to 0.25% of the current
issued share capital.
Neil Catto, Chief Financial Officer, is a participant in the
Company's SAYE scheme and is included in the total figures above.
His individual option grant pursuant to this year's SAYE scheme is
9,137 shares, which takes his total SAYE holding to 59,604 shares
under option.
As a result of these option grants, Neil's interest in Ordinary
Shares is as follows:
Director Shares Shares Shares Shares Total % of
under held under under interest issued
option under option option share
in LTIP SIP in ESOP in SAYE capital
---------- --------- ------- ---------- --------- ---------- ---------
Neil
Catto 404,822 9,571 3,553,398 59,604 4,027,395 0.36
---------- --------- ------- ---------- --------- ---------- ---------
Enquiries
boohoo.com plc c/o Buchanan Tel: +44 (0)20 7466 5000
Neil Catto, Chief Financial Officer
Buchanan - Financial PR adviser Tel: +44 (0)20 7466 5000
Richard Oldworth boohoo@buchanan.uk.com
Madeleine Seacombe
Zeus Capital - Nominated adviser and
joint broker Tel: +44 (0)161 831 1512
Nick Cowles/Andrew Jones (Corporate Tel: +44 (0)20 3829 5000
Finance)
Benjamin Robertson/ John Goold (Corporate
Broking)
Jefferies Hoare Govett - joint broker
Nick Adams Tel: +44 (0)20 7029 8000
Max Jones
About boohoo.com
"24/7 Global Fashion"
Keeping one step ahead of the trends or making a subtle style
change is easy with boohoo.com and with up to 100 new pieces
hitting the site every day and a new collection each week,
boohoo.com never stops - it is 24/7 fashion at its best.
From the UK's best kept fashion secret to one of the fastest
growing own-brand, international etailers, boohoo.com has quickly
evolved into a global fashion leader of its generation. Combining
cutting-edge, aspirational design with an affordable price tag,
boohoo.com has been pushing boundaries since 2006 to bring its
customers all the latest looks for less.
www.boohoo.com www.boohoo.com/newz/page/home fr.boohoo.com
www.boohoo.com/europe/page/home www.boohoo.com/sweden/page/home de.boohoo.com
www.boohoo.com/usa/page/home www.boohoo.com/denmark/page/home it.boohoo.com
www.boohoo.com/canada/page/home www.boohoo.com/norway/page/home nl.boohoo.com
www.boohoo.com/aus/page/home es.boohoo.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCBBBDGUBDBGLB
(END) Dow Jones Newswires
October 21, 2016 07:30 ET (11:30 GMT)