boohoo group plc Grant of DSAP Awards (1150F)

TIDMBOO

RNS Number : 1150F

boohoo group plc

06 July 2023

 
 FOR IMMEDIATE RELEASE   6 July 2023 
 

boohoo group plc

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

Grant of DSAP Awards

boohoo group plc (AIM: BOO), a leading online fashion group, announces that it has granted a total of 17,112,212 awards on 28 June 2023 pursuant to the Company's Discretionary Share Award Plan ("DSAP").

Nil cost awards over a total of 17,112,212 Ordinary Shares of 1 pence each ("Awards") were granted to 46 employees pursuant to the DSAP, equating to 1.35% of the current issued share capital. No executive directors participated in the Awards.

The Awards have a vesting period of three years ending on 28 June 2026 subject to continued employment on the vesting date.

 
 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 
 Dan Bate / James Edis                     Tel: [phone] 
 Benjamin Robertson                        Tel: [phone] 
 
 
 
   Jefferies - Joint broker 
 Ed Matthews / Harry Le May                Tel: [phone] 
 
 
                                           [e-mail] 
   Buchanan - Financial PR adviser 
 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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July 06, 2023 02:00 ET (06:00 GMT)