Business
Grant of Options, Directors' Dealings and TVR
Debenhams Group announced the grant of nil cost options over 16,460,918 ordinary shares to seven employees under the Debenhams Incentive Plan. Dan Finley received options over 11,659,808 shares, while Phil Ellis received options over 800,185 shares, with 50% vesting immediately and 50% in 12 months; both have agreed to waive their rights to participate in the DIP going forward. Additionally, Phil Ellis received a conditional award of options over 1,028,806 shares, vesting on March 11, 2026, as part of his appointment terms. Following these grants, Finley's total interest is 19,792,395 shares and Ellis's is 2,328,991 shares. The total number of ordinary shares and voting rights in the company remains unchanged at 1,397,424,226. Disclaimer*
About this update from Boohoo Group Plc
[{"type":"text","content":"\n\nFOR IMMEDIATE RELEASE 26 August 2025\nboohoo group plc\n(the \"Company\" or \"Debenhams Group\")\n \nGrant of Options, Directors' Dealings and TVR\n \nDebenhams Group (AIM: DEBS), the online powerhouse in fashion, home and beauty, announces that it has today granted nil cost options over a total of 16,460,918 ordinary shares of 1 pence each in the Company (\"Shares\") to 7 employees of the Group under the Debenhams Incentive Plan (the \"DIP\" Options\").\nThe Debenhams Incentive Plan is a long-term incentive plan for senior management of the Debenhams brand. It was originally established as part of legacy remuneration arrangements at the time when Dan Finley and Phil Ellis served as Debenhams brand CEO and CFO respectively, before their appointments to the Board as Group CEO and Group CFO. The awards represent share-based compensation for the financial year ending 28 February 2025.\nDan Finley received DIP Options over 11,659,808 Shares and Phil Ellis received DIP Options over 800,185 Shares. 50% of the options vest and become exercisable immediately and 50% vest and become exercisable in 12 months.\nDan and Phil have agreed to waive their rights to participate in the DIP going forward.\nIn addition, nil cost options over 1,028,806 Shares were granted to Phil Ellis. This award form part of the terms and conditions of Phil's appointment as Group CFO. This award vests and becomes exercisable on 11 March 2026 (the \"Conditional Award\").\nAny exercise of the DIP Options and/or the Conditional Award will be satisfied by the Company's Employee Benefit Trust and there is no dilutive impact on shareholders.\nFollowing this grant of the DIP Options and the Conditional Award, Dan and Phil have the number of Shares and options over Shares set out in the table below:\n \n\n\n\n\nDirector\n\n\nShares held personally\n\n\nShares under option in LTIP\n\n\nS...