Boohoo has announced that eligible staff were invited to subscribe for options over ordinary shares of 1p each in the company, with an exercise price of 154.48p, which was a 20 per cent discount on the closing middle market price of the ordinary shares on October 6, 2021, the day before the invitation to participate was made.
The options have a contract start date of December 1, 2021, and are exercisable between December 1, 2024, and May 31, 2025.
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