Business
SAYE Share Scheme 2020
SAYE Share Scheme 2020.
About this update from Boohoo Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 1627E\n boohoo group plc\n 04 November 2020\n \n \n \n \n \n \n \n For Immediate Release\n \n \n \n \n 4 November 2020\n \n \n \n \n \n \n \n \n boohoo group plc\n \n \n \n \n \n (\"boohoo\" or the \"Company\" and together with its subsidiaries the \"Group\" or \"the boohoo group\")\n \n \n \n \n \n SAYE Share Scheme 2020\n \n \n boohoo group plc (AIM: BOO\n ) announces the grant of options to employees as part of its Save As You Earn ('SAYE') share scheme for 2020. The scheme is open to all employees, giving them the opportunity to participate in the future growth of the Company via share option arrangements.\n \n \n Eligible employees were invited to subscribe for options over ordinary shares of 1 pence each in the Company (\"Ordinary Shares\") with an exercise price of 268.96 pence, representing a 20% discount to the closing middle market price of the Ordinary Shares on 6 October 2020, the day before the invitation to participate was made. These options have a contract start date of 1 December 2020 and are exercisable between 1 December 2023 and 31 May 2024.\n \n \n A total of 866 employees elected to participate and, pursuant to these elections, a total of 1,970,215 options over Ordinary Shares were issued on 3 November 2020 equating to 0.15% of the current issued share capital.\n \n \n -ends-\n \n \n \n \n \n \n \n \n Enquiries\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n boohoo group plc\n \n \n \n \n \n \n \n \n \n \n \n \n \n Neil Catto, Chief Financial Officer\n \n \n \n \n Tel: +44 (0)161 233 2050\n \n \n \n \n \n \n Alistair Davies, Investor Relations\n \n \n \n \n Tel: +44 (0)161 233 2050\n \n \n \n \n \n \n Clara Melia, Investor Relations\n \n \n \n \n Tel: +44 (0)20 3289 5520\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Zeus Capital - Nominated adviser and joint broker\n \n \n \n \n \n \n \n \n \n \n \n \n \n Nick Cowles/Andrew Jones (Corporate Finance)\n \n \n \n \n Tel: +44 (0)161 831 1512\n \n \n \n \n \n \n John Goold/Benjamin Robertson (Corporate Broking)\n \n \n \n \n Tel: +44 (0)20 3829 5000\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Jefferies - Joint broker\n \n \n \n \n \n \n...