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BOOHOO GROUP PLC
Remuneration Information • May 19, 2023
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Remuneration Information
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National Storage Mechanism | Additional information 
RNS Number : 0674A
boohoo group plc
19 May 2023
FOR IMMEDIATE RELEASE 19 May 2023
boohoo group plc
("boohoo" or "the Company" or "the Group")
Grant of Options, Directors' Dealings and Total Voting Rights
boohoo group plc (AIM: BOO), a leading online fashion group, announces that it has granted a total of 6,500,420 options on 17 May 2023 pursuant to the Company's Discretionary Share Award Plan ("DSAP") and Deferred Bonus Plan ("DBP").
DSAP Awards
Nil cost options over a total of 5,047,500 Ordinary Shares of 1 pence each ("Shares") were granted to 222 employees pursuant to the Company's Discretionary Share Award Plan, equating to 0.40% of the current issued share capital. The options vest in two tranches on 17th November 2023 and 17th May 2024 subject to continued employment on the vesting date.
DBP Awards
Nil cost options over a total of 1,452,920 Shares were granted to Mahmud Kamani, Carol Kane, John Lyttle and Shaun McCabe in satisfaction of their annual bonus entitlement for the year ended 28 February 2023, as detailed in the table below, equating to 0.11% of the current issued share capital. The options vest on the 2nd anniversary of the grant date on 17 May 2025 subject to continued employment on the vesting date.
| Name | Share Award |
| John Lyttle | 528,387 |
| Carol Kane | 386,626 |
| Mahmud Kamani | 386,626 |
| Shaun McCabe | 151,281 |
Following this grant, the directors' interest in Shares is as follows*:
| Director | Shares held personally | Shares under option | Shares held under SIP | Shares under option in SAYE | Total interest* | % of issued share capital* |
| Mahmud Kamani | 157,979,880 | 1,738,230 | 0 | 0 | 159,718,110 | 12.59 |
| Carol Kane | 20,000,000 | 1,738,230 | 0 | 0 | 21,738,320 | 1.17 |
| John Lyttle | 188,172 | 2,968,993 | 4,994 | 60,000 | 3,222,159 | 0.25% |
| Shaun McCabe | 110,627 | 3,073,778 | 0 | 60,000 | 3,244,405 | 0.26% |
* Carol Kane, John Lyttle and Shaun McCabe also have an interest in Shares through the Growth Share Plan as previously announced.
Total Voting Rights
As at 18 May 2023 the total number of ordinary shares of 1p each ("Ordinary Shares") and voting rights in the Company is 1,268,444,763. No Ordinary Shares are held in treasury. This figure for total number of Ordinary Shares may be used by shareholders 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 Company under the Financial Conduct Authority's Disclosure Rules and Transparency Rules.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Further details are set out in the below notification, made in accordance with the requirements of the UK Market Abuse Regulation.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Mahmud Kamani
2
Reason for the notification
a)
Position/status
Group Executive Chairman
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
Grant of shares under option in the Company's DBP
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| NIL | 386,626 |
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
17 May 2023
f)
Place of the transaction
Outside of a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Carol Kane
2
Reason for the notification
a)
Position/status
Group 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
Grant of shares under option in the Company's DBP
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| NIL | 386,626 |
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
17 May 2023
f)
Place of the transaction
Outside of a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
John Lyttle
2
Reason for the notification
a)
Position/status
Group 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
Grant of shares under option in the Company's DBP
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| NIL | 528,387 |
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
17 May 2023
f)
Place of the transaction
Outside of a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Shaun McCabe
2
Reason for the notification
a)
Position/status
Group 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 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
Grant of shares under option in the Company's DBP
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| NIL | 151,281 |
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
17 May 2023
f)
Place of the transaction
Outside of a trading venue
-ends-
| Enquiries | |
| boohoo group plc | |
| Shaun McCabe, 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 |
| Zeus - Nominated adviser and joint broker | |
| Andrew Jones / James Edis / Dan Bate | Tel: +44 (0)161 831 1512 |
| Benjamin Robertson | Tel: +44 (0)20 3829 5000 |
| Jefferies - Joint broker | |
| Ed Matthews | Tel: +44 (0)20 7029 8000 |
| Harry Le May | Tel: +44 (0)20 7029 8000 |
| Buchanan - Financial PR adviser | [email protected] |
| Richard Oldworth / Toto Berger / Verity Parker | 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 2023, the boohoo group had 18 million active customers across all its brands around the world.
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