Business
2019 Share Incentive Plan
2019 Share Incentive Plan.
About this update from Boohoo Group Plc
[{"type":"text","content":"\n \nRNS Number : 3199K boohoo group plc 27 August 2019 \n\n\n\n\nFor Immediate Release\n\n\n27 August 2019\n\n\n\n\n\n\n\n\n\n\n\n \nboohoo group plc\n(\"boohoo\" or the \"Company\" and together with its subsidiaries the \"Group\" or \"the boohoo group\")\n \n \n2019 Share Incentive Plan\n \nboohoo group plc (AIM: BOO), a leading online fashion group, announces that as part of the Company's commitment to encouraging all employees to be shareholders in the business, a total of 2,071,212 Ordinary Shares of 1 pence each ('Ordinary Shares') have been granted to employees.\nA total of 2343 employees were found eligible and applied for the 2019 Share Incentive Plan (\"2019 SIP\") and have been granted 884 free Ordinary Shares each, representing approximately £2000 at the purchase price. The free shares were awarded on 23 August 2019 and are subject to a 3 year forfeiture period.\nJohn Lyttle and Neil Catto, both Directors of the Company, have elected to participate in the 2019 SIP, and are included in the total figures above, their individual awards pursuant to the 2019 SIP being 884 shares each.\nFollowing this grant Neil Catto's and John Lyttle's interests in shares in boohoo group plc are as follows (excluding any shares in boohoo holdings limited):\n\n\n\nDirector\n\n\nShares held personally\n\n\nShares under option in LTIP\n\n\nShares under option\n\n\nShares held under SIP\n\n\nShares under option in SAYE\n\n\nTotal interest\n\n\n% of issued share capital\n\n\n\n\nNeil Catto\n\n\n64,773\n\n\n671,603\n\n\n 0\n\n\n11,393\n\n\n9,137\n\n\n756,906\n\n\n0.065%\n\n\n\n\nJohn Lyttle\n\n\n0\n\n\n0\n\n\n 357,446\n\n\n884\n\n\n0\n\n\n358,330\n\n\n0.031%\n\n\n\n \nFollowing these grants the Company has a total of 35,180,533 Shares under option representing approximately 3.019% of the issued ordinary share capital of the Company.\nNotification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.\n \n\n\n\n1\n\n\nDetails of the person discharging managerial responsibilities / person closely associated\n\n\n\n\na)\n\n\nName\n\n\nJohn Lyttle\n\n\n\n\n2\n\n\nReason for the notification\n\n\n\n\na)\n\n\nPosition/status\n\n\nCEO\n\n\n\n\nb)\n \n\n\nInitial notification /Amendment\n\n\nInitial notification\n\...