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 15,560,103 awards on 17 May 2024 pursuant to the Company's Discretionary Share Award Plan ("DSAP") and Deferred Bonus Plan ("DBP").

DSAP Awards

Nil cost awards over a total of 9,759,000 Ordinary Shares of 1 pence each ("Shares") were granted to senior managers pursuant to the DSAP, equating to 0.76% of the current issued share capital. No executive directors participated in the DSAP Awards.

The options vest in tranches of 3, 6, 8 and 14 months dependent on the level of seniority and subject to continued employment on the vesting date. 

DBP Awards

Nil cost options over a total of 5,801,103 Shares were granted to Mahmud Kamani, Carol Kane, and John Lyttle in satisfaction of their annual bonus entitlement for the year ended 29 February 2024, as detailed in the table below, equating to 0.45% of the current issued share capital. The options vest on the 1^st 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 and John Lyttle also have an interest in Shares through the Growth Share Plan as previously announced.

Total Voting Rights

Following admission of the New Ordinary Shares, the total number of ordinary shares and voting rights in the Company will be 1,269,084,436. The Company does not hold any shares in treasury.

The above figure may be used by shareholders in the Company 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 share capital of the Company under the FCA's Disclosure 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. 

About boohoo group plc

"Leading the fashion eCommerce market"

Founded in Manchester in 2006, boohoo group is a fashion forward, inclusive and innovative business. The Group's brands are complementary, vibrant and scalable, delivering inspirational, on-trend fashion to our customers 24/7. The diversity of our brands, including the group's 5 core brands, boohoo, boohooMAN, PrettyLittleThing, Karen Millen and Debenhams, enable us to serve a broad customer base, globally, with a primary focus on the UK and US markets. Since its acquisition in 2021, Debenhams has been transformed from a retailer into a digital marketplace with a capital-light, low-risk operating model and a focus on fashion, beauty as well as home. Boohoo group is concentrated on driving sustainable, profitable growth with technology and automation increasing efficiency across the business.