boohoo group plc Purchase of Shares by Employee Benefit Trust (2226B)

TIDMBOO

RNS Number : 2226B

boohoo group plc

31 May 2023

For Immediate Release

31 May 2023

boohoo group plc

("boohoo" or the "Company" or the "Group")

Purchase of Shares by Employee Benefit Trust

boohoo (AIM: BOO), announces that the Trustee of the Group's Employee Benefit Trust ("EBT") has purchased 12,606,970 ordinary shares of 1 pence each ("Shares") at an average net price of 42.12 pence per share.

These purchases are intended to satisfy future awards of shares under the Group's employee share plans and will be held by the Trustee in the Group's EBT.

Following this transaction, a total of 59,783,627 Ordinary Shares are held by the EBT, representing approximately 4.71 per cent of the Company's total voting rights.

Total Voting Rights

As at 31 May 2023 the total number of ordinary shares of 1p each ("Ordinary Shares") and voting rights in the Company is 1,268,444,763. No Ordinary Shares are held in treasury. This figure for total number of Ordinary Shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Rules and Transparency Rules.

 
 Enquiries 
 boohoo group plc 
 Shaun McCabe, Chief Financial Officer     Tel: [phone] 
 Alistair Davies, Investor Relations       Tel: [phone] 
 Clara Melia, Investor Relations           Tel: [phone] 
 Mark Mochalski, Investor Relations        Tel: [phone] 
 
 
 Zeus - Nominated adviser and joint 
  broker 
 Andrew Jones / James Edis / Dan Bate      Tel: [phone] 
 Benjamin Robertson                        Tel: [phone] 
 
 
 Jefferies - Joint broker 
 Ed Matthews                               Tel: [phone] 
 Harry Le May                              Tel: [phone] 
 
 
 Buchanan - Financial PR adviser           [e-mail] 
 Richard Oldworth / Toto Berger / Verity   Tel: [phone] 
  Parker 
 

About boohoo group plc

"Leading the fashion eCommerce market"

Founded in Manchester in 2006, boohoo is an inclusive and innovative global brand targeting young, value-orientated customers, pushing boundaries to bring its customers up-to-date and inspirational fashion, 24/7.

In 2017, the group extended its customer offering through the acquisitions of the vibrant fashion brand PrettyLittleThing and free-thinking brand Nasty Gal. In March 2019, the group acquired the MissPap brand, in August 2019 the Karen Millen and Coast brands and in June 2020 the Warehouse and Oasis brands, all complementary to the group's scalable, multi-brand platform. In January 2021, the group acquired the intellectual property assets of Debenhams, with the goal of transforming a leading UK fashion and beauty retailer into a digital department store and marketplace through a new capital-light and low-risk operating model. In February 2021, the group acquired the intellectual property assets of UK brands Dorothy Perkins, Wallis and Burton. As at 28 February 2023, the boohoo group had 18 million active customers across all its brands around the world.

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May 31, 2023 11:23 ET (15:23 GMT)