boohoo.com plc Grant of Options (9941C)

TIDMBOO

RNS Number : 9941C

boohoo.com plc

01 July 2016

 
 For Immediate Release   1 July 2016 
 

boohoo.com plc

("boohoo.com" or the "Company")

Grant of Options

boohoo.com (AIM: BOO), one of the UK's largest pure-play online, own brand fashion retailers, announces that options over a total of 2,348,687 Ordinary Shares of 1 pence each ("Shares") were granted, at nominal value, on 30 June 2016 pursuant to the Company's Long Term Incentive Plan ('LTIP').

The grant comprises an option over 404,822 Shares to Neil Catto, Chief Financial Officer and options over 1,943,865 Shares, in aggregate, to ten senior managers.

Following this grant Neil's interest in Shares is as follows:

 
 Director      Shares under   Shares        Shares under   Shares under   Total interest   % of issued 
                option in      held under    option in      option in                       share capital 
                LTIP           SIP           ESOP           SAYE 
------------  -------------  ------------  -------------  -------------  ---------------  --------------- 
 Neil Catto    404,822        9,571         3,553,398      50,467         4,018,258        0.36 
------------  -------------  ------------  -------------  -------------  ---------------  --------------- 
 

The LTIP options granted have a performance period of three years ending on 28 February 2019 and vesting is dependent on meeting challenging performance conditions.

Following these grants the Company has a total of 31,358,776 Shares under option representing approximately 2.8% of the issued ordinary share capital of the Company.

Enquiries

 
 boohoo.com                                   c/o Buchanan Tel: [phone] 
  Mahmud Kamani, Joint Chief Executive 
  Carol Kane, Joint Chief Executive 
  Neil Catto, Chief Financial Officer 
 Buchanan - Financial PR adviser              Tel: [phone] 
  Richard Oldworth                             [e-mail] 
  Hannah Brandstaetter 
  Madeleine Seacombe 
 
   Zeus Capital - Nominated adviser and         Tel: [phone] 
   joint broker 
   Nick Cowles/Andrew Jones (Corporate          Tel: [phone] 
   Finance) 
   John Goold/Benjamin Robertson (Corporate 
   Broking) 
 Jefferies Hoare Govett - joint broker 
  Nick Adams                                    Tel: [phone] 
  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 pieces hitting the site every day and a new collection each week, boohoo.com never stops - it's 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

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July 01, 2016 07:00 ET (11:00 GMT)