boohoo group plc Purchase of Shares by Employee Benefit Trust (2916Y)

TIDMBOO

RNS Number : 2916Y

boohoo group plc

11 May 2021

 
 
 
 
 For Immediate Release   11 May 2021 
 

boohoo group plc

("boohoo" or "the Group")

Purchase of Shares by Employee Benefit Trust

boohoo (AIM: BOO), a leading online fashion retailer, announces that the Trustee of the Group's Employee Benefit Trust ("EBT") has purchased 2,993,899 ordinary shares of 1 pence each ("Shares") at an average net price of 320.01 pence per share.

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

 
 Enquiries 
 boohoo group plc 
 Neil Catto, Chief Financial Officer        Tel: [phone] 
                                             2050 
 Alistair Davies, Investor Relations        Tel: [phone] 
                                             2050 
 Clara Melia, Investor Relations            Tel: [phone] 
                                             5520 
 Mark Mochalski, Investor Relations         Tel: [phone] 
                                             6289 
 
 Zeus Capital - Nominated adviser and 
  joint broker 
 Nick Cowles/Andrew Jones (Corporate        Tel: [phone] 
  Finance)                                   1512 
 John Goold/Benjamin Robertson (Corporate   Tel: [phone] 
  Broking)                                   5000 
 
 Jefferies - Joint broker 
 Philip Noblet/Max Jones                    Tel: [phone] 
                                             8000 
 
 Buchanan - Financial PR adviser            [e-mail] 
 Richard Oldworth / Kim Looringh-van        Tel: [phone] 
  Beeck / Toto Berger / Sophie Wills         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 28 February 2021, the boohoo group had 18 million active customers across all its brands around the world.

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May 11, 2021 13:10 ET (17:10 GMT)