Last checked at 16 Jun 2021 14:14
For Immediate Release | 16 June 2021 |
boohoo group plc
("boohoo" or the "Company")
Director's Dealing
boohoo (AIM: BOO), a leading online fashion group, announces that Iain McDonald, Non-Executive Director, purchased 56,000* ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 326.37 pence per ordinary share on 15 June 2021 and 44,000* ordinary shares at a price of 326.59 pence per ordinary share on 16 June 2021.
Following this transaction, Iain has an interest in 721,336 Ordinary Shares, representing approximately 0.057% of the Company's issued Ordinary Share capital.
*Acquired via Contract for Difference
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 /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 |
100,000 326.47p
| ||||||
e) | Date of the transaction | 15 June 2021 16 June 2021 | ||||||
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 |
Mark Mochalski, Investor Relations | Tel: +44 (0)20 3239 6289 |
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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 - 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 / Kim Looringh-van Beeck / Toto Berger / Sophie Wills | Tel: +44 (0)20 7466 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 28 February 2021, the boohoo group had 18 million active customers across all its brands around the world.