boohoo group plc SAYE Share Scheme 2023 and TVR (5509R)

TIDMBOO

RNS Number : 5509R

boohoo group plc

27 October 2023

 
 For Immediate Release   27 October 2023 
 

boohoo group plc

("boohoo" or the "Company")

SAYE Share Scheme 2023 and TVR

SAYE Share Scheme 2023

boohoo (AIM: BOO) announces the grant of options to employees as part of its Save As You Earn ('SAYE') share scheme for 2023. 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 of 1 pence each in the Company ("Ordinary Shares") with an exercise price of 25 pence, representing a 18.65% discount to the closing middle market price of the Ordinary Shares on 3 October 2023. These options have a contract start date of 1 December 2023 and are exercisable between 1 December 2026 and 31 May 2027.

A total of 440 employees elected to participate and, pursuant to these elections, a total of 12,968,971 options over Ordinary Shares were issued on 3 October 2023 equating to 1.02% of the current issued share capital.

Total Voting Rights

As at 26 October 2023 the total number of Ordinary Shares and voting rights in the Company is 1,268,438,263 . 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.

 
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                               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 Capital - Nominated adviser and 
                              joint broker 
   Andrew Jones / Dan Bate / James Edis      Tel: [phone] 
   Benjamin Robertson                        Tel: [phone] 
                        Jefferies - Joint broker 
   Ed Matthews / Harry Le May                Tel: [phone] 
                          HSBC - Joint broker 
   Adam Miller / James Hopton                Tel: [phone] 
 
    Buchanan - Financial PR adviser           [e-mail] 
   Richard Oldworth / Toto Berger / Verity   Tel: [phone] 
                          Parker / Sophie Wills 
 
 
 
                        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 31 August 2023, the boohoo group 
     had 17 million active customers across all its brands around 
                              the world. 
 
 
 
 
 
 
 

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(END) Dow Jones Newswires

October 27, 2023 04:17 ET (08:17 GMT)