Business
Purchase of shares by EBT
Purchase of shares by EBT.
About this update from Boohoo Group Plc
[{"type":"text","content":"\n \nRNS Number : 0160O boohoo.com plc 01 August 2014 \n\n\n\n\n\n \n\n\n1 August 2014\n\n\n\n\n \nboohoo.com plc\n(\"boohoo\" or the \"Company\")\n \nPurchase of shares by EBT\n \nboohoo.com plc today announces that it has been notified by the trustee of the boohoo.com plc Employee Benefit Trust (the \"EBT\") that the EBT has purchased a total of 1,000,000 Ordinary Shares of 1 pence each (\"Ordinary Shares\") on 1 August 2014, at an average price of 40 pence per Ordinary Share. \nThe EBT is a discretionary trust for the benefit of employees of the Company and its subsidiaries. \nBy making these purchases of Ordinary Shares, the EBT has reduced the potential requirement for the Company to issue new Ordinary Shares in order to satisfy the potential exercise of options held by employees of the Company under the Employee Share Option Plan (\"ESOP\"). The total number of shares under option through the ESOP is currently 11,508,000 Ordinary Shares.\n \n \nEnquiries:\n \n\n\n\n\nboohoo.com plc\nMahmud Kamani, Joint Chief Executive\nCarol Kane, Joint Chief Executive\nNeil Catto, Chief Financial Officer\n \n\n\nc/o Buchanan +44 (0)20 7466 5000\n\n\n\n\nBuchanan - Financial PR adviser\nRichard Oldworth\nHelen Chan\nGabriella Clinkard\n \n\n\n+44 (0)20 7466 5000\[email protected]\n\n\n\n\nZeus Capital - Nominated adviser and broker\nCorporate Finance\nNick Cowles\nAndrew Jones\n \nInstitutional Sales\nJohn Goold\nDom King\n \n\n\nTel: +44 (0)161 831 1512\nTel: +44 (0)20 7533 7727\n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCEAPPFELPLEEF\n ","length":3224,"tagName":"div"}]