boohoo group plc Director's Dealing (5660Q)
February 26 2021 - 10:25AM
UK Regulatory
TIDMBOO
RNS Number : 5660Q
boohoo group plc
26 February 2021
For Immediate Release 26 February 2021
boohoo group plc
("boohoo" or the "Company" and together with its subsidiaries
the "Group" or "the boohoo group")
Director's Dealing
boohoo group plc (AIM: BOO) , a leading online fashion group,
announces that Iain McDonald, Non-Executive Director, has purchased
100,000 ordinary shares of 1 pence each in the Company ("Ordinary
Shares") on 26 February 2021 at a price of 334.77 pence per
ordinary share.
Following this transaction, Iain has an interest in 621,336
Ordinary Shares, representing approximately 0.049% of the Company's
issued Ordinary Share capital.
The notification below, made in accordance with the requirements
of the UK Market Abuse Regulation, provides further detail.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Iain McDonald
-------------------------------- ---------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Non-Executive 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 of the Ordinary shares of 1p
financial instrument,
type of instrument ISIN: JE00BG6L7297
Identification code
-------------------------------- ---------------------------------
b) Nature of the transaction Purchase of Ordinary Shares
-------------------------------- ---------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
334.77p 100,000
----------
-------------------------------- ---------------------------------
d) Aggregated information
- Aggregated volume N/A
- Price
-------------------------------- ---------------------------------
e) Date of the transaction 26 February 2021
-------------------------------- ---------------------------------
f) Place of the transaction London Stock Exchange, AIM
-------------------------------- ---------------------------------
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 / Sophie Wills 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 affordable
prices. These investment propositions have helped us grow from a
single brand, into a major multi-brand online retailer, leading the
fashion e-commerce market for 16 to 40-year-olds with a global
presence. As at 31 August 2020, the Group had just over 17 million
active customers across all its brands around the world.
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 an online marketplace through a
new capital light and low risk operating model that is
complementary to the Group's highly successful direct-to-consumer
multi-brand platform. In February 2021, the Group acquired the
intellectual property assets of UK brands Burton, Dorothy Perkins
and Wallis.
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END
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