TIDMBOO

RNS Number : 2642T

boohoo group plc

16 July 2020

 
 For Immediate Release   16 July 2020 
 

The information contained within this announcement is deemed by the company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

boohoo group plc

("boohoo" or "the Group")

Director's Dealings

boohoo announces that it has been notified today of the following purchases of Ordinary shares today, by the following Directors of the Company:

 
 Director         Position            Number of           Average        Number of           Percentage 
                                       Ordinary            purchase       Ordinary            of issued 
                                       Shares purchased    price          Shares held         share 
                                                                          or interest         capital 
                                                                          in Ordinary 
                                                                          Shares following 
                                                                          the purchase 
                  Executive                               214.281 
 Mahmud Kamani     Chairman           5,000,000            pence         157,679,880         12.5% 
                 ------------------  ------------------  -------------  ------------------  ----------- 
                  Group Co-Founder 
                   and Executive                          214.281 
 Carol Kane        Director           2,000,000            pence         33,330,421          2.6% 
                 ------------------  ------------------  -------------  ------------------  ----------- 
                  Non-Executive 
 Iain McDonald     Director           50,000*             226.5 pence*   518,481             0.04% 
                 ------------------  ------------------  -------------  ------------------  ----------- 
 

*Acquired via Contract for Difference

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                      Ordinary Shares of 1p each 
        financial instrument, 
        type of instrument 
 
       Identification code                     ISIN: JE00BG6L7297 
 
 b)    Nature of the transaction               Purchase of Ordinary Shares 
      --------------------------------------  -------------------------------- 
 c)    Price(s) and volume(s) 
                                              --------------  -------------- 
                                               Price(s)        Volume(s) 
                                              --------------  -------------- 
                                               See box d       See box d 
                                              --------------  -------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                          5,000,000 
 
  - Price                                      214.281 pence 
 
 e)    Date of the transaction                 16 July 2020 
      --------------------------------------  -------------------------------- 
 f)    Place of the transaction                London Stock Exchange, AIM 
      --------------------------------------  -------------------------------- 
 
 
 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                      Ordinary Shares of 1p each 
        financial instrument, 
        type of instrument 
 
       Identification code                     ISIN: JE00BG6L7297 
 
 b)    Nature of the transaction               Purchase of Ordinary Shares 
      --------------------------------------  -------------------------------------------- 
 c)    Price(s) and volume(s) 
                                              --------------------  -------------------- 
                                               Price(s)              Volume(s) 
                                              --------------------  -------------------- 
                                               See box d             See box d 
                                              --------------------  -------------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                          2,000,000 
 
  - Price                                      214.281 pence 
 
 e)    Date of the transaction                 16 July 2020 
      --------------------------------------  -------------------------------------------- 
 f)    Place of the transaction                London Stock Exchange, AIM 
      --------------------------------------  -------------------------------------------- 
 
 
 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                     Contract for difference in respect 
        financial instrument,                  of Ordinary Shares of 1p 
        type of instrument 
 
       Identification code                    ISIN: JE00BG6L7297 
 
 b)    Nature of the transaction              Acquisition of interest in Ordinary 
                                               Shares via a contract for difference 
      -------------------------------------  -------------------------------------------- 
 c)    Price(s) and volume(s) 
                                              ----------------------  ----------------- 
                                               Price(s)                Volume(s) 
                                              ----------------------  ----------------- 
    226.5 pence                                                        50,000 
   -----------------------------------------------------------------  ----------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                    N/A 
 
  - Price 
 
 e)    Date of the transaction                16 July 2020 
      -------------------------------------  -------------------------------------------- 
 f)    Place of the transaction               London Stock Exchange, AIM 
      -------------------------------------  -------------------------------------------- 
 

-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

DSHZQLFFBDLXBBK

(END) Dow Jones Newswires

July 16, 2020 10:41 ET (14:41 GMT)

Grafico Azioni Boohoo (LSE:BOO)
Storico
Da Ago 2020 a Set 2020 Clicca qui per i Grafici di Boohoo
Grafico Azioni Boohoo (LSE:BOO)
Storico
Da Set 2019 a Set 2020 Clicca qui per i Grafici di Boohoo