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 2^nd anniversary of the grant date on 17 May 2025 subject to continued employment on the vesting date. 

Following this grant, the directors' interest in Shares is as follows*:

* 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. 

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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.