boohoo group plc Director's Dealing -- Management Incentive Plan (2950R)
29 Giugno 2020 - 8:00AM
UK Regulatory
TIDMBOO
RNS Number : 2950R
boohoo group plc
29 June 2020
For Immediate Release 29 June 2020
boohoo group plc
("boohoo" or "the Group")
Director's Dealing - Management Incentive Plan
Further to the announcement made on 26 June 2020, the Management
Incentive Plan (the "Plan") has now been implemented and
participants in the Plan, including Mahmud Kamani, Carol Kane and
Neil Catto have, on 26 June 2020, pursuant to the Plan, subscribed
for B ordinary shares in boohoo holdings limited, an intermediary
holding company of the Group.
The structure of the Plan and the proportions received by the
Executive Directors are as set out in the announcement made by the
Group on 26 June 2020.
Mahmud Kamani, Carol Kane and Neil Catto are related parties as
defined by the AIM Rules for Companies ("the AIM Rules") given they
are Directors of boohoo and the subscription of shares by each of
them under the Plan is a related-party transaction for the purposes
of Rule 13 of the AIM Rules. The independent directors (being the
Non-Executive directors) consider, having consulted with Zeus
Capital, the Group's Nominated Adviser, that the terms of the Plan
are fair and reasonable in so far as the Group's shareholders are
concerned.
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 Mahmud Kamani
------------------------------- -----------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------
a) Position/status Group Executive Chairman
------------------------------- -----------------------------------------
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 B ordinary shares of GBP0.001 in
financial instrument, boohoo holdings limited under the
type of instrument Plan
Identification code ISIN: JE00BG6L7297
b) Nature of the transaction Subscription of shares as part of
the Plan
------------------------------- -----------------------------------------
c) Price(s) and volume(s)
-------------- ---------------------
Price(s) Volume(s)
-------------- ---------------------
GBP195,000 1,950 B ordinary
shares in boohoo
holdings limited
pursuant to the
Plan
-------------- ---------------------
d) Aggregated information
- Aggregated volume N/A
- Price
e) Date of the transaction 26 June2020
------------------------------- -----------------------------------------
f) Place of the transaction Off market
------------------------------- -----------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Carol Kane
------------------------------- ----------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------------
a) Position/status Group Co-Founder and 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 B ordinary shares of GBP0.001 in
financial instrument, boohoo holdings limited under the
type of instrument Plan
Identification code ISIN: JE00BG6L7297
b) Nature of the transaction Subscription of shares as part of
the Plan
------------------------------- ----------------------------------------------
c) Price(s) and volume(s)
---------------- ------------------------
Price(s) Volume(s)
---------------- ------------------------
GBP195,000 1,950 B ordinary
shares in boohoo
holdings limited
pursuant to the
Plan
---------------- ------------------------
d) Aggregated information
- Aggregated volume N/A
- Price
e) Date of the transaction 26 June2020
------------------------------- ----------------------------------------------
f) Place of the transaction Off market
------------------------------- ----------------------------------------------
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 of the B ordinary shares of GBP0.001 in
financial instrument, boohoo holdings limited under the
type of instrument Plan
Identification code ISIN: JE00BG6L7297
b) Nature of the transaction Subscription of shares as part of
the Plan
-------------------------------- -----------------------------------------
c) Price(s) and volume(s)
------------- ----------------------
Price(s) Volume(s)
------------- ----------------------
GBP39,000 390 B ordinary
shares in boohoo
holdings limited
pursuant to the
Plan
------------- ----------------------
d) Aggregated information
- Aggregated volume N/A
- Price
e) Date of the transaction 26 June2020
-------------------------------- -----------------------------------------
f) Place of the transaction Off market
-------------------------------- -----------------------------------------
-ends-
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 Finance) Tel: +44 (0)161 831
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 Beeck/Toto Tel: +44 (0)20 7466
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 affordable
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 with a global
presence. As at 29 February 2020, the Group had just under 14
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.
END
DSHKKFBPFBKDCAB
(END) Dow Jones Newswires
June 29, 2020 02:00 ET (06:00 GMT)
Grafico Azioni Boohoo (LSE:BOO)
Storico
Da Mar 2024 a Apr 2024
Grafico Azioni Boohoo (LSE:BOO)
Storico
Da Apr 2023 a Apr 2024
