boohoo group plc Purchase of Shares by Employee Benefit Trust (6488S)
July 10 2020 - 02:00AM
UK Regulatory
TIDMBOO
RNS Number : 6488S
boohoo group plc
10 July 2020
For Immediate Release 10 July 2020
boohoo group plc
("boohoo" or the "Company" and together with its subsidiaries
the "Group" or "the boohoo group")
Purchase of Shares by Employee Benefit Trust
boohoo group plc (AIM: BOO), a leading online fashion group,
announces that the Trustee of the Group's Employee Benefit Trust
("EBT") has now completed the purchase of ordinary shares of 1
pence each ("Shares") in accordance with the Group's irrevocable
instruction. Details of the purchases made are as follows:
Average net price per
Date Number of Shares acquired Share
08/07/2020 4,414,409 226.0787p
-------------------------- ----------------------
09/07/2020 5,500,000 285.6057p
-------------------------- ----------------------
Total 9,914,409 255.8422p
-------------------------- ----------------------
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: +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
Finance) 831 1512
John Goold/Benjamin Robertson (Corporate Tel: +44 (0)20 3829
Broking) 5000
Jefferies - 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 Tel: +44 (0)20 7466
Beeck/Toto Berger 5000
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. Since
2006, 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, 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. 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 29 February 2020, the boohoo group had just under
14 million active customers across all its brands around the
world.
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END
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