ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

BOO Boohoo Group Plc

35.30
-0.88 (-2.43%)
12 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Boohoo Group Plc 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
  -0.88 -2.43% 35.30 35.24 35.70 36.30 35.18 36.20 3,490,374 16:35:13
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Womens Hosiery, Except Socks 1.77B -75.6M -0.0596 -5.94 448.77M

boohoo group plc Issuance of Ordinary Shares to all NEDs and TVR

08/02/2024 7:00am

RNS Regulatory News


RNS Number : 4066C
boohoo group plc
08 February 2024
 

For Immediate Release

8 February 2024

 

 

 

boohoo group plc

("boohoo" or the "Company")

 

 

Issuance of Ordinary Shares to all Non‐Executive Directors and Total Voting Rights

 

boohoo group plc (AIM: BOO), a leading online fashion group, announces that it has issued new ordinary shares of 1 pence each ("New Ordinary Shares") to its Non‐Executive Directors as part of their compensation package.

 

A total of 206,309 New Ordinary Shares were issued at an effective price of 33.93 pence under the terms of their letter of appointment which require compensation to be made partly in cash and partly in Ordinary Shares. The New Ordinary Shares represent the share compensation due for the financial year ending 28 February 2024 and are subject to lock in provisions for as long as the recipient remains a director of boohoo.

 

The details of the issuance are set out below:

 

Director

Value of the share issuance

Number of New Ordinary Shares Issued

Number of Ordinary Shares held following the issuance

Percentage of the enlarged Ordinary Share Capital (%)

 

Iain McDonald

£20,000

58,945

810,873

0.064

Tim Morris

£10,000

29,473

75,735

0.006

Kirsty Britz

£10,000

29,473

60,065

0.005

Alistair McGeorge

£20,000

58,945

58,945

0.005

John Goold

£10,000

29,473

29,473

0.002

 

 

Trading in the New Ordinary Shares, which will rank pari passu in all respects with the existing Ordinary Shares, is expected to commence on or around 13 February 2024.

 

Total Voting Rights

 

Following admission of the New Ordinary Shares, the total number of ordinary shares and voting rights in the Company will be 1,268,675,790. The Company does not hold any shares in treasury.

 

The above figure may be used by shareholders in the Company 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 share capital of the Company under the FCA's Disclosure and Transparency Rules.

 

 

Enquiries




boohoo group plc


Pete Templeton, Group Finance Director

Tel: +44 (0)161 233 2050

Mike Cooper, Head of Investor Relations & Corporate Development

Tel: +44 (0)161 233 2050

Mark Mochalski, Investor Relations

Tel: +44 (0)20 3239 6289





Zeus - Nominated adviser and joint broker


Andrew Jones / James Edis / Dan Bate

Tel: +44 (0)161 831 1512

Benjamin Robertson

Tel: +44 (0)20 3829 5000





Jefferies - Joint broker


Ed Matthews / Harry Le May

Tel: +44 (0)20 7029 8000





HSBC - Joint broker


Adam Miller / James Hopton

Tel: +44 (0)20 7029 8000



Buchanan - Financial PR adviser

boohoo@buchanan.uk.com

Richard Oldworth / Toto Berger / Verity Parker

Tel: +44 (0)20 7466 5000

 

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.

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

i.              Iain McDonald

ii.             Tim Morris

iii.            Kirsty Britz

iv.            Alistair McGeorge

v.             John Goold

 

2

Reason for the notification

 

a)

Position/status

 

i.              Non-Executive Director

ii.             Non-Executive Director

iii.            Non-Executive Director

iv.            Deputy Chairman and Non-Executive Director

v.             Non-Executive Director

 

b)

 

Initial notification /Amendment

Initial notification

 

 

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 of the financial instrument, type of instrument

 

 

Identification code

i.              Ordinary shares of 1p each

ii.             Ordinary shares of 1p each

iii.            Ordinary shares of 1p each

iv.            Ordinary shares of 1p each

v.             Ordinary shares of 1p each

 

 

ISIN: JE00BG6L7297

 

b)

Nature of the transaction

i.              Issue of shares as part of compensation package

ii.             Issue of shares as part of compensation package

iii.            Issue of shares as part of compensation package

iv.            Issue of shares as part of compensation package

v.             Issue of shares as part of compensation package

 

c)

Price(s) and volume(s)


 Price

No. of shares

i

33.93p

58,945

ii

33.93p

29,473

iii

33.93p

29,473

iv

33.93p

58,945

v

33.93p

29,473

d)

Aggregated information

- Aggregated volume

- Price


 Price

No. of shares

i

£20,000

58,945

ii

£10,000

29,473

iii

£10,000

29,473

iv

£20,000

58,945

v

£10,000

29,473

e)

Date of the transaction

i.              6 February 2024

ii.             6 February 2024

iii.            6 February 2024

iv.            6 February 2024

v.             6 February 2024

 

f)

Place of the transaction

i.              Outside of a trading venue

ii.             Outside of a trading venue

iii.            Outside of a trading venue

iv.            Outside of a trading venue

v.             Outside of a trading venue

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHFLFVAFIIDIIS

1 Year Boohoo Chart

1 Year Boohoo Chart

1 Month Boohoo Chart

1 Month Boohoo Chart

Your Recent History

Delayed Upgrade Clock