boohoo group plc Purchase of Shares by Employee Benefit Trust (0036D)

TIDMBOO

RNS Number : 0036D

boohoo group plc

14 October 2022

 
 For Immediate Release   14 October 2022

boohoo group plc

("boohoo" or the "Company" 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 7,577,822 ordinary shares of 1 pence each ("Shares") at an average net price of 36.85 pence per share.

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

Following this transaction, a total of 26,765,281 Ordinary Shares are held by the EBT, representing approximately 2.11 per cent of the Company's total voting rights.

 
  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 / Kim Looringh-van     Tel: +44 (0)20 7466 
    Beeck / Toto Berger / Verity Parker     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 31 August 2022, the boohoo group had 19 million active 
  customers across all its brands around the world.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCMIBFTMTMBBMT

(END) Dow Jones Newswires

October 14, 2022 12:03 ET (16:03 GMT)

Boohoo (LSE:BOO)
Historical Stock Chart
From Mar 2024 to Apr 2024