BOOHOO GROUP PLC

Director's Dealing • May 5, 2021

National Storage Mechanism | Additional information

RNS Number : 6934X

boohoo group plc

05 May 2021

For Immediate Release	5 May 2021

boohoo group plc

("boohoo" or "the Group")

Directors' Dealings and Issue of Equity

boohoo (AIM: BOO), a leading online fashion retailer, announces the following dealing in the Company's ordinary shares of 1 pence each ("Ordinary Shares") by John Lyttle, Chief Executive Officer and Tim Morris, Non-Executive Director.

John Lyttle has today exercised an option at nil cost over 357,446 Ordinary Shares following the vesting of the conditional share award granted on 11 July 2019 as part of his compensation award for the loss of short and long-term incentive awards which lapsed on leaving his previous employment. John sold 169,274 Ordinary Shares at 321.60 pence each to cover the tax liabilities relating to the vesting of the share award, leaving a retained balance of 188,172 Ordinary Shares. 

Tim Morris, Non-Executive Director, has purchased 15,670 Ordinary Shares today at a price of 318.36 pence per Ordinary Share.

Following these transactions John Lyttle's and Tim Morris's interests in shares in boohoo group plc are as follows:

Director	Shares held personally	Shares held under SIP	Shares under option in SAYE	Total interest	% of issued share capital
John Lyttle	188,172	1,858	8,297	198,327	0.015%
Tim Morris	15,670	0	0	15,670	0.001%

John also remains interested in the Growth Share Plan, which can award a maximum of £50m in gross value before tax at the end of the 5 year performance period, subject to market capitalisation CAGR, as announced on 17 September 2018.

Application for admission of new Shares

Application has been made for the 357,446 new Shares, which rank pari passu with the Company's existing issued Shares, to be admitted to trading on AIM ("Admission") and it is expected that Admission will occur on or around 11 May 2021. Following Admission, the total number of Ordinary Shares and voting rights in the Group will be 1,263,734,473. The Group does not hold any shares in treasury.

The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018, provides further detail.

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

John Lyttle

2

Reason for the notification

a)

Position/status

CEO

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

i)          Exercise of Option

ii)          Sale of Ordinary Shares

c)

Price(s) and volume(s)

	Price(s)	Volume(s)
i)	nil	357,446
ii)	321.60p	169,274

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

5 May 2021

f)

Place of the transaction

i)          Off Market

ii)          London Stock Exchange, AIM

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Tim Morris

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

i)          Purchase of Ordinary Shares

c)

Price(s) and volume(s)

	Price(s)	Volume(s)
i)	318.36p	15,670

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

5 May 2021

f)

Place of the transaction

London Stock Exchange, AIM

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
Mark Mochalski, Investor Relations	Tel: +44 (0)11 8328 7068
Zeus Capital - Nominated adviser and joint broker
Nick Cowles/Andrew Jones (Corporate Finance)	Tel: +44 (0)161 831 1512
John Goold/Benjamin Robertson (Corporate Broking)	Tel: +44 (0)20 3829 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 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 an online marketplace through a new capital light and low risk operating model. In February 2021, the Group acquired the intellectual property assets of UK brands Burton, Dorothy Perkins and Wallis.

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