boohoo group plc SAYE Share Scheme 2019 (8969R)
November 01 2019 - 3:00AM
UK Regulatory
TIDMBOO
RNS Number : 8969R
boohoo group plc
01 November 2019
For Immediate Release 1 November 2019
boohoo group plc
("boohoo" or the "Company" and together with its subsidiaries
the "Group" or "the boohoo group")
SAYE Share Scheme 2019
boohoo group plc (AIM: BOO) announces the grant of options to
employees as part of its Save As You Earn ('SAYE') share scheme for
2019. 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 with an exercise price of 216.92 pence, a 20%
discount to the closing middle market price of the Ordinary Shares
on 4 October 2019, the day before the invitation to participate was
made. The options have a contract start date of 1 December 2019 and
are exercisable between 1 December 2022 and 31 May 2023.
A total of 791 employees elected to participate, and pursuant to
these elections a total of 2,017,468 options over Ordinary Shares
were issued on 30 October 2019 equating to 0.18% of the current
issued share capital.
John Lyttle, Chief Executive Officer and Neil Catto, Chief
Financial Officer, 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 8,297 shares
each.
As a result of these option grants, John and Neil's interest in
Ordinary Shares is as follows:
Director Shares Shares Shares Shares Total % of issued
held held under held under under interest share capital
beneficially option SIP option
schemes in SAYE
John Lyttle - 357,446 884 8,297 366,627 0.031%
-------------- ------------ ------------ -------- ---------- ---------------
Neil Catto 64,773 671,603 11,393 17,434 765,203 0.066%
-------------- ------------ ------------ -------- ---------- ---------------
Following these grants the Company has a total of 38,975,249
Shares under option representing approximately 3.343% of the issued
ordinary share capital of the Company.
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 John Lyttle
--------------------- ----------------------------
2 Reason for the notification
---------------------------------------------------
a) Position/status CEO
--------------------- ----------------------------
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 options under the
transaction Company's Save As You Earn
Plan
--------------------- ----------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) GBP2.1692 8297
--------------------- ----------------------------
d) Aggregated
information N/A
- Aggregated
volume
- Price
--------------------- ----------------------------
e) Date of the 30 October 2019
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 CFO
--------------------- ----------------------------
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 options under the
transaction Company's Save As You Earn
Plan
--------------------- ----------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) GBP2.1692 8297
--------------------- ----------------------------
d) Aggregated
information N/A
- Aggregated
volume
- Price
--------------------- ----------------------------
e) Date of the 30 October 2019
transaction
--------------------- ----------------------------
f) Place of the Off market
transaction
--------------------- ----------------------------
Enquiries
boohoo group plc
Neil Catto, 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
Zeus Capital - Nominated adviser and
joint broker
Nick Cowles/Andrew Jones (Corporate Tel: +44 (0)161 831 1512
Finance)
John Goold/Benjamin Robertson (Corporate Tel: +44 (0)20 3829 5000
Broking)
Jefferies Hoare Govett - Joint broker
Philip Noblet/Max Jones Tel: +44 (0)20 7029 8000
Buchanan - Financial PR adviser boohoo@buchanan.uk.com
Richard Oldworth/Kim Looringh-van Beeck/Toto Tel: +44 (0)20 7466 5000
Berger
About boohoo group plc
"Leading the fashion eCommerce market"
Founded in Manchester in 2006, boohoo is an inclusive and
innovative brand targeting young, value-orientated customers. For
13 years, boohoo has been pushing boundaries to bring its customers
up-to-date and inspirational fashion, 24/7. boohoo has grown
rapidly in the UK and internationally, expanding its offering with
range extensions into menswear, through boohooMAN.
In early 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 and in August 2019, the Karen Millen and Coast
brands, all complementary to the group's scalable multi-brand
platform. United by a shared customer value proposition, our brands
design, source, market and sell great quality clothes, shoes and
accessories at unbeatable prices. These investment propositions
have helped us grow from a single brand, into a major multi-brand
online retailer, leading the fashion eCommerce market for 16 to
40-year-olds around the world. As at 31 August 2019, the boohoo
group had around 13 million active customers across all its brands
around the world.
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END
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