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boohoo group plc - Director’s Dealings

RNS Number : 2642T
boohoo group plc
16 July 2020
 

For Immediate Release

16 July 2020

The information contained within this announcement is deemed by the company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014.  Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

 

boohoo group plc

("boohoo" or "the Group")

Director's Dealings

boohoo announces that it has been notified today of the following purchases of Ordinary shares today, by the following Directors of the Company:

Director

Position

Number of Ordinary Shares purchased

Average purchase price

Number of Ordinary Shares held or interest in Ordinary Shares following the purchase

Percentage of issued share capital

Mahmud Kamani

Executive Chairman

5,000,000

214.281 pence

157,679,880

12.5%

Carol Kane

Group Co-Founder and Executive Director

2,000,000

214.281 pence

33,330,421

2.6%

Iain McDonald

Non-Executive Director

50,000*

226.5 pence*

518,481

0.04%

*Acquired via Contract for Difference

 

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

 

 

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

Ordinary Shares of 1p each



Identification code

ISIN: JE00BG6L7297



b)

 

Nature of the transaction

 

 

Purchase of Ordinary Shares

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




See box d

See box d







d)

 

Aggregated information




- Aggregated volume

5,000,000



- Price

214.281 pence



e)

 

Date of the transaction

 

 

16 July 2020

f)

 

Place of the transaction

 

 

London Stock Exchange, AIM

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Carol Kane

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Group Co-Founder and 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

Ordinary Shares of 1p each



Identification code

ISIN: JE00BG6L7297



b)

 

Nature of the transaction

 

 

Purchase of Ordinary Shares

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




See box d

See box d







d)

 

Aggregated information




- Aggregated volume

2,000,000



- Price

214.281 pence



e)

 

Date of the transaction

 

 

16 July 2020

f)

 

Place of the transaction

 

 

London Stock Exchange, AIM

 

 

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

Contract for difference in respect of Ordinary Shares of 1p



Identification code

ISIN: JE00BG6L7297



b)

 

Nature of the transaction

 

 

Acquisition of interest in Ordinary Shares via a contract for difference

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




226.5 pence

50,000







d)

 

Aggregated information




- Aggregated volume

N/A



- Price




e)

 

Date of the transaction

 

 

16 July 2020

f)

 

Place of the transaction

 

 

London Stock Exchange, AIM



 

 

-ends-

 

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



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

[email protected]

Richard Oldworth/ Kim Looringh-van Beeck/Toto Berger

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 brand targeting young, value-orientated customers. Since 2006, boohoo has been pushing boundaries to bring its customers up-to-date and inspirational fashion, 24/7. boohoo has grown rapidly in the UK and internationally, expanding its offering with range extensions into menswear, through boohooMAN.

In early 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. United by a shared customer value proposition, our brands design, source, market and sell great quality clothes, shoes and accessories at affordable prices. These investment propositions have helped us grow from a single brand, into a major multi-brand online retailer, leading the fashion eCommerce market for 16 to 40-year-olds with a global presence. As at 29 February 2020, the Group had just under 14 million active customers across all its brands around the world.

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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Quick facts: Boohoo Group PLC

Price: 265.7

Market: AIM
Market Cap: £3.35 billion
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