Boohoo group plc, the leading online fashion retailer, announces that as part of the Company’s commitment to encouraging all employees to be shareholders in the business, a total of 1,905,078 Ordinary Shares of 1 pence each (‘Ordinary Shares’) have been granted to employees.
A total of 2031 employees were found eligible and applied for the 2018 Share Incentive Plan (“2018 SIP”) and have been granted 938 free Ordinary Shares each representing approximately £2,000 at the purchase price. The free shares were awarded on 27 September 2018 and are subject to a 3 year forfeiture period.
Neil Catto, a Director of the Company, has elected to participate in the 2018 SIP and is included in the total figures above. His individual award pursuant to the 2018 SIP is 938 shares.
Following this grant Neil’s interest in Shares is as follows:
| Director | Shares held personally | Shares under option in LTIP | Shares held under SIP | Shares under option in SAYE | Total interest | % of issued share capital |
| Neil Catto | 14,306 | 671,603 | 10,509 | 59,604 | 756,022 | 0.065% |
Following these grants the Company has a total of 30,968,196 Shares under option representing approximately 2.67 per cent of the issued ordinary share capital of the Company.
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