1 Aug 2014 09:50
| 1 August 2014 |
boohoo.com plc
("boohoo" or the "Company")
Purchase of shares by EBT
boohoo.com plc today announces that it has been notified by the trustee of the boohoo.com plc Employee Benefit Trust (the "EBT") that the EBT has purchased a total of 1,000,000 Ordinary Shares of 1 pence each ("Ordinary Shares") on 1 August 2014, at an average price of 40 pence per Ordinary Share.
The EBT is a discretionary trust for the benefit of employees of the Company and its subsidiaries.
By making these purchases of Ordinary Shares, the EBT has reduced the potential requirement for the Company to issue new Ordinary Shares in order to satisfy the potential exercise of options held by employees of the Company under the Employee Share Option Plan ("ESOP"). The total number of shares under option through the ESOP is currently 11,508,000 Ordinary Shares.
Enquiries:
boohoo.com plc Mahmud Kamani, Joint Chief Executive Carol Kane, Joint Chief Executive Neil Catto, Chief Financial Officer
| c/o Buchanan +44 (0)20 7466 5000 |
Buchanan - Financial PR adviser Richard Oldworth Helen Chan Gabriella Clinkard
| +44 (0)20 7466 5000 boohoo@buchanan.uk.com |
Zeus Capital - Nominated adviser and broker Corporate Finance Nick Cowles Andrew Jones
Institutional Sales John Goold Dom King
| Tel: +44 (0)161 831 1512 Tel: +44 (0)20 7533 7727 |
Boohoo (BOO)