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16 Aug 2019 16:45
For Immediate Release | 16 August 2019 |
boohoo group plc
CORRECTED ANNOUNCEMENT
The announcement at or around 4:19pm on 15 August 2019 (RNS Number: 2398J) states that Iain McDonald acquired 25,000 ordinary shares of 1 pence each, however it should have stated that this acquisition was made via a contract for difference. The corrected announcement is set out below.
Director's Dealing
boohoo group plc (AIM: BOO), a leading online fashion group, announces that Sara Murray (Non-Executive Director) has purchased 100,000 Ordinary Shares of 1 pence each ("Ordinary Shares") and Iain McDonald (Non-Executive Director) has acquired an interest in 25,000 Ordinary Shares via a contract for difference.
Name | Interest in shares in boohoo group plc before purchase | % of total shares in issue | Interest in shares in boohoo group plc after purchase | % of total shares in issue |
Sara Murray | 17,921 | 0.002 | 117,921 | 0.010% |
Iain McDonald | 440,096 | 0.038 | 465,096 | 0.040% |
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Sara Murray | ||||
2 | Reason for the notification | |||||
a) | Position/status | Non-Executive Director | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
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 financial instrument, type of instrument Identification code | Ordinary Shares of 1p
ISIN: JE00BG6L7297 | ||||
b) | Nature of the transaction | Purchase of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price |
N/A
| ||||
e) | Date of the transaction | 15th August 2019 | ||||
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 /Amendment | Initial notification | ||||
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 financial instrument, type of instrument Identification code | Contract for difference in respect of Ordinary Shares of 1p
ISIN: JE00BG6L7297 | ||||
b) | Nature of the transaction | Acquisition of interest in Ordinary Shares via a contract for difference | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
N/A
| ||||
e) | Date of the transaction | 15th August 2019 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||
Enquiries |
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boohoo group plc |
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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 |
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Zeus Capital - Nominated adviser and joint broker |
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Nick Cowles/Andrew Jones (Corporate Finance) | Tel: +44 (0)161 831 1512 |
John Goold/Benjamin Robertson (Corporate Broking) | Tel: +44 (0)20 3829 5000 |
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Jefferies Hoare Govett - Joint broker |
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Philip Noblet/Max Jones | Tel: +44 (0)20 7029 8000 |
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Buchanan - Financial PR adviser | boohoo@buchanan.uk.com |
Richard Oldworth/ Sophie Wills/ Kim van Beeck | Tel: +44 (0)20 7466 5000 |
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About boohoo group plc
"Leading the fashion eCommerce market"
Founded in Manchester in 2006 by Mahmud Kamani and Carol Kane, for over 10 years, boohoo group has been pushing boundaries to bring its customers up-to-date and inspirational fashion, 24/7.
boohoo is an inclusive and innovative brand targeting young, value-orientated customers. boohoo has grown rapidly in the UK and internationally, expanding its offering with range extensions and a shift 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, and in March 2019 acquired the MissPap brand. United by a shared customer value proposition, our brands design, source, market and sell great quality clothes, shoes and accessories at unbeatable prices.
In August 2019, the group announced the acquisition of the online businesses for renowned British fashion brands Karen Millen and Coast, further extending the group's reach and target market. As at 28 February 2019, the boohoo group had around 13 million active customer accounts across all its brands around the world.
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