Last checked at 14 Jun 2017 17:15
For Immediate Release | 14 June 2017 |
boohoo.com plc
("boohoo.com" or the "Company")
Grant of Options
boohoo.com (AIM: BOO), a leading online fashion group, announces that options over a total of 979,593 Ordinary Shares of 1 pence each ("Shares") were granted, at nominal value, on 13 June 2017 pursuant to the Company's Long Term Incentive Plan ('LTIP').
The grant comprises an option over 138,037 Shares to Neil Catto, Chief Financial Officer and options over 841,556 in aggregate, to 17 senior managers.
Following this grant Neil's interest in Shares is as follows:
Director | Shares under option in LTIP | Shares held under SIP | Shares under option in ESOP | Shares under option in SAYE | Total interest | % of issued share capital |
Neil Catto | 542,859 | 9,571 | 1,958,220 | 59,604 | 2,570,254 | 0.22% |
The LTIP options granted have a performance period of three years ending on 12 June 2020 and vesting is dependent on meeting challenging performance conditions.
In addition, the Company announces that options over a total of 4,767,500 Ordinary Shares of 1 pence each were granted on 13 June 2017 to 200 employees pursuant to the Company's Employee Share Option Plan ('ESOP').
The options granted have a vesting period of three years, a total exercise period of ten years and an exercise price of 244.5 pence per Ordinary Share.
Following these grants the Company has a total of 19,320,008 Shares under option representing approximately 1.6% of the issued ordinary share capital of the Company.
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 | Neil Catto | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | CFO | ||||||
b)
| Initial notification /Amendment | Initial notification | ||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Boohoo.com 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 | Grant of shares under option in the Company's LTIP | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price | N/A | ||||||
e) | Date of the transaction | 13 June 2017 | ||||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||||
Enquiries
boohoo.com plc Neil Catto, Chief Financial Officer Clara Melia, Investor Relations
| c/o Buchanan Tel: +44 (0)20 7466 5000
Tel:+44 (0)161 233 2050 Tel:+44 (0)7748 171236
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Buchanan - Financial PR adviser Richard Oldworth Madeleine Seacombe | Tel: +44 (0)20 7466 5000 boohoo@buchanan.uk.com
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Zeus Capital - Nominated adviser and joint broker Nick Cowles/Andrew Jones (Corporate Finance) John Goold/Benjamin Robertson (Corporate Broking)
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Tel: +44 (0)161 831 1512
Tel: +44 (0)20 3829 5000 |
Jefferies Hoare Govett - joint broker Nick Adams Max Jones
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Tel: +44 (0)20 7029 8000
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