Share Name Share Symbol Market Type Share ISIN Share Description
Boohoo.com LSE:BOO London Ordinary Share JE00BG6L7297 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +3.25p +1.74% 189.75p 189.50p 189.75p 190.00p 186.50p 187.50p 9,761,641.00 16:29:44
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 195.4 15.7 1.1 170.9 2,131.47

boohoo.com plc Nasty Gal Acquisition Completion

28/02/2017 8:01am

UK Regulatory (RNS & others)


TIDMBOO

RNS Number : 0250Y

boohoo.com plc

28 February 2017

 
 For Immediate Release   28 February 2017 
 

boohoo.com plc

Nasty Gal Acquisition Completion

Following the announcement on 9 February 2017, boohoo.com plc ("the Group"), the leading online fashion retailer, today announces that it has completed the acquisition of certain intellectual property assets and customer databases from retailer Nasty Gal Inc. ("Nasty Gal") for US$20 million. The transaction will be financed through a combination of the Group's existing cash resources and a new bank debt facility of GBP12 million. The Group will consolidate Nasty Gal from 1 March 2017.

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 -            Tel: +44 (0)20 7029 8000 
  Joint Broker 
  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      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 
 

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

ACQGRGDDRGDBGRI

(END) Dow Jones Newswires

February 28, 2017 03:01 ET (08:01 GMT)

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