boohoo.com plc SAYE Share Scheme 2016 (1952N)

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: [phone] 
  Neil Catto, Chief Financial Officer 
 Buchanan - Financial PR adviser              Tel: [phone] 
  Richard Oldworth                             [e-mail] 
  Madeleine Seacombe 
 Zeus Capital - Nominated adviser and 
  joint broker                                  Tel: [phone] 
  Nick Cowles/Andrew Jones (Corporate           Tel: [phone] 
  Finance) 
  Benjamin Robertson/ John Goold (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 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

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October 21, 2016 07:30 ET (11:30 GMT)