TIDMBOO

RNS Number : 3946J

boohoo group plc

16 August 2019

 
  For Immediate Release   16 August 2019 
 

boohoo group plc

CORRECTED ANNOUNCEMENT

The announcement at or around 4:19pm on 15 August 2019 (RNS Number: 2398J) states that Iain McDonald acquired 25,000 ordinary shares of 1 pence each, however it should have stated that this acquisition was made via a contract for difference. The corrected announcement is set out below.

Director's Dealing

boohoo group plc (AIM: BOO), a leading online fashion group, announces that Sara Murray (Non-Executive Director) has purchased 100,000 Ordinary Shares of 1 pence each ("Ordinary Shares") and Iain McDonald (Non-Executive Director) has acquired an interest in 25,000 Ordinary Shares via a contract for difference.

 
 Name                   Interest in   % of total         Interest in   % of total 
                   shares in boohoo       shares    shares in boohoo    shares in 
                   group plc before     in issue     group plc after        issue 
                           purchase                         purchase 
 
 Sara Murray                 17,921        0.002             117,921       0.010% 
 Iain McDonald              440,096        0.038             465,096       0.040% 
 

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                            Sara Murray 
     ------------------------------  -------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status                 Non-Executive Director 
     ------------------------------  -------------------------------- 
 b)   Initial notification            Initial notification 
       /Amendment 
     ------------------------------  -------------------------------- 
 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              Ordinary Shares of 1p 
       financial instrument,           ISIN: JE00BG6L7297 
       type of instrument 
       Identification code 
     ------------------------------  -------------------------------- 
 b)   Nature of the transaction       Purchase of Ordinary Shares 
     ------------------------------  -------------------------------- 
 c)   Price(s) and volume(s)            Price(s)   Volume(s) 
                                         226.0p     100,000 
                                                   ---------- 
     ------------------------------  -------------------------------- 
 d)   Aggregated information 
       - Aggregated volume              N/A 
       - Price 
     ------------------------------  -------------------------------- 
 e)   Date of the transaction         15(th) August 2019 
     ------------------------------  -------------------------------- 
 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        Initial notification 
       /Amendment 
     --------------------------  -------------------------------------- 
 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          Contract for difference in respect 
       financial instrument,       of Ordinary Shares of 1p 
       type of instrument          ISIN: JE00BG6L7297 
       Identification code 
     --------------------------  -------------------------------------- 
 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) 
                                     225.39p    25,000 
                                               ---------- 
     --------------------------  -------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume          N/A 
       - Price 
     --------------------------  -------------------------------------- 
 e)   Date of the transaction     15(th) August 2019 
     --------------------------  -------------------------------------- 
 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 
 
 Zeus Capital - Nominated adviser and 
  joint broker 
 Nick Cowles/Andrew Jones (Corporate        Tel: +44 (0)161 831 1512 
  Finance) 
 John Goold/Benjamin Robertson (Corporate   Tel: +44 (0)20 3829 5000 
  Broking) 
 
 Jefferies Hoare Govett - Joint broker 
 Philip Noblet/Max Jones                    Tel: +44 (0)20 7029 8000 
 
 Buchanan - Financial PR adviser            boohoo@buchanan.uk.com 
 Richard Oldworth/ Sophie Wills/ Kim        Tel: +44 (0)20 7466 5000 
  van Beeck 
 
 

About boohoo group plc

"Leading the fashion eCommerce market"

Founded in Manchester in 2006 by Mahmud Kamani and Carol Kane, for over 10 years, boohoo group has been pushing boundaries to bring its customers up-to-date and inspirational fashion, 24/7.

boohoo is an inclusive and innovative brand targeting young, value-orientated customers. boohoo has grown rapidly in the UK and internationally, expanding its offering with range extensions and a shift 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, and in March 2019 acquired the MissPap brand. United by a shared customer value proposition, our brands design, source, market and sell great quality clothes, shoes and accessories at unbeatable prices.

In August 2019, the group announced the acquisition of the online businesses for renowned British fashion brands Karen Millen and Coast, further extending the group's reach and target market. As at 28 February 2019, the boohoo group had around 13 million active customer accounts 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 rns@lseg.com or visit www.rns.com.

END

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August 16, 2019 11:45 ET (15:45 GMT)

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