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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Boohoo Group Plc | AQSE:BOO.GB | Aquis Stock Exchange | Ordinary Share | JE00BG6L7297 | Ordinary Share 1p |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 34.50 | 33.00 | 36.00 | 34.50 | 33.9809 | 34.50 | 154,056 | 08:48:41 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
TIDMBOO
RNS Number : 4218W
boohoo.com plc
09 February 2017
For immediate release 9 February 2017
Acquisition of Nasty Gal
boohoo.com plc
Further to the announcement on 6 February 2017, boohoo.com plc ("the Group") confirms that court approval has been obtained for the Group to acquire certain intellectual property assets and customer databases from retailer Nasty Gal Inc. for US$20 million. The transaction, subject to the satisfaction of customary closing conditions waivable at the Group's discretion, is expected to complete on 28 February 2017.
Mahmud Kamani and Carol Kane, joint CEOs, commented:
"We are delighted to have been successful in our bid to acquire Nasty Gal. It represents an exciting opportunity to accelerate our international offering and inspire an ever-growing range of young customers in the US and around 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/Jane Glover
About boohoo.com
"The voice and style of the social generation"
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 international retailers, 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 de.boohoo.com www.boohoo.com/europe/page/home se:boohoo.com it.boohoo.com www.boohoo.com/usa/page/home dk.boohoo.com nl.boohoo.com www.boohoo.com/canada/page/home no.boohoo.com es.boohoo.com www.boohoo.com/aus/page/home fr.boohoo.com
About Nasty Gal
Nasty Gal was founded in 2006 and is based in Los Angeles. Nasty Gal today is recognised as a pioneer in both the curation and design of women's clothing, shoes, and accessories. The Company has a global presence in 180 countries and a social media following of over 3.5 million. For more information, visit the website at www.nastygal.com.
This announcement has been determined to contain inside information.
This information is provided by RNS
The company news service from the London Stock Exchange
END
ACQUGUAWPUPMUQB
(END) Dow Jones Newswires
February 09, 2017 02:00 ET (07:00 GMT)
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