Business
SAYE Share Scheme 2022 and Director Dealing
SAYE Share Scheme 2022 and Director Dealing.
About this update from Boohoo Group Plc
[{"type":"text","content":"\n \n \n \n \n \n \n \n For Immediate Release\n \n \n \n \n \n \n 8 November 2022\n \n \n \n \n \n \n \n \n \n \n \n \n \n boohoo group plc\n \n \n \n (\"boohoo\" or the \"Company\")\n \n \n \n \n \n \n \n SAYE Share Scheme 2022 and Director Dealing\n \n \n boohoo (AIM: BOO) announces the grant of options to employees as part of its Save As You Earn ('SAYE') share scheme for 2022. 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 30 pence, representing a 17.16% discount to the closing middle market price of the Ordinary Shares on 7 October 2022. These options have a contract start date of 1 December 2022 and are exercisable between 1 December 2025 and 31 May 2026.\n \n \n A total of 1,166 employees elected to participate and, pursuant to these elections, a total of 32,160,360 options over Ordinary Shares were issued on 7 November 2022 equating to 2.54% of the current issued share capital.\n \n \n John Lyttle, Chief Executive Officer, Shaun McCabe, Chief Financial Officer and Neil Catto, Director, are participants in the Company's SAYE scheme and are included in the total figures above. Their individual option grants pursuant to this year's SAYE scheme are 60,000 shares each.\n \n \n As a result of these option grants, John, Shaun and Neil's interest in Ordinary Shares is as follows:\n \n \n \n \n \n \n Director\n \n \n \n \n Shares held personally\n \n \n \n \n Shares held under LTIP\n \n \n \n \n Shares held under SIP\n \n \n \n \n Shares under option in SAYE\n \n \n \n \n Shares under option in DBP\n \n \n \n \n Shares under option in Conditional Award\n \n \n \n \n Total interest\n \n \n \n \n % of issued share capital\n \n \n \n \n \n \n John Lyttle\n \n \n \n \n 188,172\n \n \n \n \n 2,375,568\n \n \n \n \n 4,994\n \n \n \n \n 68,297\n \n \n \n \n 593,425\n \n \n \n \n 0\n \n \n \n \n 3,230,456\n \n \n \n \n 0.25%\n \n \n \n \n \n \n Shaun McCabe\n \n \n \n \n 110,627\n \n \n \n \n 0\n \n \n \n \n 0\n \n \n \n \n 60,000\n \n \n \n \n 0\n \n \n \n \n 3,073,778\n \n \n \n \n 3,244,405\n \n \n \n \n 0.26%\n \n \n \n \n \n \n Neil Catto\n ...