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BOO Boohoo Group Plc

34.02
0.40 (1.19%)
25 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
  0.40 1.19% 34.02 33.60 33.84 34.70 33.24 34.70 3,095,945 16:35:04
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Womens Hosiery, Except Socks 1.77B -75.6M -0.0596 -5.68 429.24M

boohoo group plc SAYE Share Scheme 2022 and Director Dealing (5998F)

08/11/2022 7:00am

UK Regulatory


TIDMBOO

RNS Number : 5998F

boohoo group plc

08 November 2022

 
 For Immediate Release   8 November 2022 
 

boohoo group plc

("boohoo" or the "Company")

SAYE Share Scheme 2022 and Director Dealing

boohoo (AIM: BOO) announces the grant of options to employees as part of its Save As You Earn ('SAYE') share scheme for 2022. 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 30 pence, representing a 17.16% discount to the closing middle market price of the Ordinary Shares on 7 October 2022. These options have a contract start date of 1 December 2022 and are exercisable between 1 December 2025 and 31 May 2026.

A total of 1,166 employees elected to participate and, pursuant to these elections, a total of 32,160,360 options over Ordinary Shares were issued on 7 November 2022 equating to 2.54% of the current issued share capital.

John Lyttle, Chief Executive Officer, Shaun McCabe, Chief Financial Officer and Neil Catto, Director, are participants in the Company's SAYE scheme and are included in the total figures above. Their individual option grants pursuant to this year's SAYE scheme are 60,000 shares each.

As a result of these option grants, John, Shaun and Neil's interest in Ordinary Shares is as follows:

 
 Director    Shares             Shares      Shares   Shares     Shares    Shares            Total       % of 
              held personally    held        held     under      under     under             interest    issued 
                                 under       under    option     option    option                        share 
                                 LTIP        SIP      in SAYE    in DBP    in Conditional                capital 
                                                                           Award 
 John 
  Lyttle     188,172            2,375,568   4,994    68,297     593,425   0                 3,230,456   0.25% 
            -----------------  ----------  -------  ---------  --------  ----------------  ----------  --------- 
 Shaun 
  McCabe     110,627            0           0        60,000     0         3,073,778         3,244,405   0.26% 
            -----------------  ----------  -------  ---------  --------  ----------------  ----------  --------- 
 Neil 
  Catto      79,735             1,790,776   15,503   68,297     192,983   0                 2,147,297   0.17% 
            -----------------  ----------  -------  ---------  --------  ----------------  ----------  --------- 
 

* Neil Catto also has an interest in Shares through the Management Incentive Plan and John Lyttle through the Growth Share Plan, as previously announced.

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

Further details are set out in the below notification, 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                     John Lyttle 
     -----------------------  -------------------------- 
 2    Reason for the notification 
     --------------------------------------------------- 
 a)   Position/status          Chief Executive Officer 
     -----------------------  -------------------------- 
 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 the            Grant of SAYE options 
       transaction 
     -----------------------  -------------------------- 
 c)   Price(s) and               Price(s)    Volume(s) 
       volume(s)                  30 pence    60,000 
                                             ---------- 
     -----------------------  -------------------------- 
 d)   Aggregated 
       information              N/A 
       - Aggregated 
       volume 
       - Price 
     -----------------------  -------------------------- 
 e)   Date of the              7 November 2022 
       transaction 
     -----------------------  -------------------------- 
 f)   Place of the             Off market 
       transaction 
     -----------------------  -------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
 a)   Name                     Shaun McCabe 
     -----------------------  -------------------------- 
 2    Reason for the notification 
     --------------------------------------------------- 
 a)   Position/status          Chief Financial Officer 
     -----------------------  -------------------------- 
 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 the            Grant of SAYE options 
       transaction 
     -----------------------  -------------------------- 
 c)   Price(s) and               Price(s)    Volume(s) 
       volume(s)                  30 pence    60,000 
                                             ---------- 
     -----------------------  -------------------------- 
 d)   Aggregated 
       information              N/A 
       - Aggregated 
       volume 
       - Price 
     -----------------------  -------------------------- 
 e)   Date of the              7 November 2022 
       transaction 
     -----------------------  -------------------------- 
 f)   Place of the             Off market 
       transaction 
     -----------------------  -------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
 a)   Name                     Neil Catto 
     -----------------------  -------------------------- 
 2    Reason for the notification 
     --------------------------------------------------- 
 a)   Position/status          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 the            Grant of SAYE options 
       transaction 
     -----------------------  -------------------------- 
 c)   Price(s) and               Price(s)    Volume(s) 
       volume(s)                  30 pence    60,000 
                                             ---------- 
     -----------------------  -------------------------- 
 d)   Aggregated 
       information              N/A 
       - Aggregated 
       volume 
       - Price 
     -----------------------  -------------------------- 
 e)   Date of the              7 November 2022 
       transaction 
     -----------------------  -------------------------- 
 f)   Place of the             Off market 
       transaction 
     -----------------------  -------------------------- 
 
 
 
                                 -ends- 
                                Enquiries 
                             boohoo group plc 
    Shaun McCabe, Chief Financial Officer     Tel: +44 (0)161 233 2050 
    Alistair Davies, Investor Relations       Tel: +44 (0)161 233 2050 
    Clara Melia, Investor Relations           Tel: +44 (0)20 3289 5520 
    Mark Mochalski, Investor Relations        Tel: +44 (0)20 3239 6289 
 
                   Zeus Capital - Nominated adviser and 
                               joint broker 
    Andrew Jones / James Edis                 Tel: +44 (0)161 831 1512 
    Benjamin Robertson                        Tel: +44 (0)20 3829 5000 
                         Jefferies - Joint broker 
    Philip Noblet / Max Jones                 Tel: +44 (0)20 7029 8000 
 
     Buchanan - Financial PR adviser           boohoo@buchanan.uk.com 
    Richard Oldworth / Toto Berger / Sophie   Tel: +44 (0)20 7466 5000 
                                   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 2022, the boohoo group 
      had 19 million active customers across all its brands around 
                               the world. 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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END

MSCEAEFXELFAFAA

(END) Dow Jones Newswires

November 08, 2022 02:00 ET (07:00 GMT)

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