TIDMBOO

RNS Number : 1173I

boohoo.com plc

14 June 2017

 
 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     Shares   Shares      Shares     Total       % of 
              under      held     under       under      interest    issued 
              option     under    option      option                 share 
              in LTIP    SIP      in ESOP     in SAYE                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     Initial notification 
       /Amendment 
---  -----------------------  ----------------------------- 
 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              Ordinary shares of 1p 
       of the financial         ISIN: JE00BG6L7297 
       instrument, 
       type of instrument 
       Identification 
       code 
---  -----------------------  ----------------------------- 
 b)   Nature of the            Grant of shares under option 
       transaction              in the Company's LTIP 
---  -----------------------  ----------------------------- 
 c)   Price(s) and               Price(s)   Volume(s) 
       volume(s)                 ---------  ---------- 
                                  244.5      138,037 
---  -----------------------  ----------------------------- 
 d)   Aggregated information 
       - Aggregated             N/A 
       volume 
       - Price 
---  -----------------------  ----------------------------- 
 e)   Date of the              13 June 2017 
       transaction 
---  -----------------------  ----------------------------- 
 f)   Place of the             London Stock Exchange, 
       transaction              AIM 
---  -----------------------  -----------------------------

Enquiries

 
 boohoo.com plc                          c/o Buchanan Tel: +44 (0)20 7466 
  Neil Catto, Chief Financial             5000 
  Officer 
  Clara Melia, Investor Relations         Tel:+44 (0)161 233 2050 
                                          Tel:+44 (0)7748 171236 
 Buchanan - Financial PR adviser         Tel: +44 (0)20 7466 5000 
  Richard Oldworth                        boohoo@buchanan.uk.com 
  Madeleine Seacombe 
 
   Zeus Capital - Nominated adviser        Tel: +44 (0)161 831 1512 
   and joint broker 
   Nick Cowles/Andrew Jones (Corporate     Tel: +44 (0)20 3829 5000 
   Finance) 
   John Goold/Benjamin Robertson 
   (Corporate Broking) 
 Jefferies Hoare Govett - joint 
  broker                                   Tel: +44 (0)20 7029 8000 
  Nick Adams 
  Max Jones

This information is provided by RNS

The company news service from the London Stock Exchange

END

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June 14, 2017 12:15 ET (16:15 GMT)

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