boohoo group plc Director Shareholding (5783J)

TIDMBOO

RNS Number : 5783J

boohoo group plc

13 December 2022

 
 13 December 2022 
 

boohoo group plc

("boohoo" or the "Group")

Director Shareholding

boohoo (AIM: BOO), a leading online fashion group, has been informed that Carol Kane, Group Co-Founder and Executive Director, has transferred 13,330,421 ordinary shares of 1 pence each in the Group ("Ordinary Shares"), representing approximately 1.05% of the issued share capital, to Mark White in order to facilitate the formally agreed settlement of divorce proceedings.

Following the transfer, Carol will retain 20,000,000 Ordinary Shares, representing approximately 1.58% of the Group's issued share capital.

Further details are set out in the below notifications, made in accordance with the requirements of the UK Market Abuse Regulation.

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
 a)   Name                    Carol Kane 
     ----------------------  --------------------------- 
 2    Reason for the notification 
     --------------------------------------------------- 
 a)   Position/status         Co-Founder and Executive 
                               Director 
     ----------------------  --------------------------- 
 b)   Initial notification    Initial notification 
       /Amendment 
     ----------------------  --------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, 
       auctioneer or auction monitor 
     --------------------------------------------------- 
 a)   Name                    Boohoo Group plc 
     ----------------------  --------------------------- 
 b)   LEI                     213800SZF3KFCECWY243 
     ----------------------  --------------------------- 
 4    Details of the transaction(s): section 
       to be repeated for (i) each type of instrument; 
       (ii) each type of transaction; (iii) 
       each date; and (iv) each place where 
       transactions have been conducted 
     --------------------------------------------------- 
 a)   Description             Ordinary shares of 1p 
       of the financial 
       instrument,             ISIN: JE00BG6L7297 
       type of instrument 
       Identification 
       code 
     ----------------------  --------------------------- 
 b)   Nature of               Disposal via a transfer of 
       the transaction         Ordinary Shares. 
     ----------------------  --------------------------- 
 c)   Price(s) and              Price(s)    Volume(s) 
       volume(s)                 GBP0.01     13,330,421 
                                            ----------- 
     ----------------------  --------------------------- 
 d)   Aggregated 
       information             N/A 
       - Aggregated 
       volume 
       - Price 
     ----------------------  --------------------------- 
 e)   Date of the             13 December 2022 
       transaction 
     ----------------------  --------------------------- 
 f)   Place of the            Outside of a trading venue 
       transaction 
     ----------------------  --------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
 a)   Name                    Mark White 
     ----------------------  --------------------------- 
 2    Reason for the notification 
     --------------------------------------------------- 
 a)   Position/status         Closely associated person 
                               of Carol Kane, Co-Founder 
                               and Executive Director 
     ----------------------  --------------------------- 
 b)   Initial notification    Initial notification 
       /Amendment 
     ----------------------  --------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, 
       auctioneer or auction monitor 
     --------------------------------------------------- 
 a)   Name                    Boohoo Group plc 
     ----------------------  --------------------------- 
 b)   LEI                     213800SZF3KFCECWY243 
     ----------------------  --------------------------- 
 4    Details of the transaction(s): section 
       to be repeated for (i) each type of instrument; 
       (ii) each type of transaction; (iii) 
       each date; and (iv) each place where 
       transactions have been conducted 
     --------------------------------------------------- 
 a)   Description             Ordinary shares of 1p 
       of the financial 
       instrument,             ISIN: JE00BG6L7297 
       type of instrument 
       Identification 
       code 
     ----------------------  --------------------------- 
 b)   Nature of               Acquisition via a transfer 
       the transaction         of Ordinary Shares. 
     ----------------------  --------------------------- 
 c)   Price(s) and              Price(s)    Volume(s) 
       volume(s)                 GBP0.01     13,330,421 
                                            ----------- 
     ----------------------  --------------------------- 
 d)   Aggregated 
       information             N/A 
       - Aggregated 
       volume 
       - Price 
     ----------------------  --------------------------- 
 e)   Date of the             13 December 2022 
       transaction 
     ----------------------  --------------------------- 
 f)   Place of the            Outside of a trading venue 
       transaction 
     ----------------------  --------------------------- 
 

-ends-

 
 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 / James Edis / Dan Bate      Tel: [phone] 
 Benjamin Robertson                        Tel: [phone] 
 
 
 Jefferies - Joint broker 
 Philip Noblet / Max Jones                 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 31 August 2022, the boohoo group had 19 million active customers across all its brands around the world.

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December 13, 2022 12:00 ET (17:00 GMT)