BOOHOO GROUP PLC has announced the granting of 15,560,103 awards on 17 May 2024 under its Discretionary Share Award Plan (DSAP) and Deferred Bonus Plan (DBP). The DSAP saw the granting of nil-cost awards over 9,759,000 Ordinary Shares to senior managers, while the DBP granted nil-cost options over 5,801,103 Shares to Mahmud Kamani, Carol Kane, and John Lyttle in satisfaction of their annual bonus entitlement for the year ended 29 February 2024. The options vest at different intervals based on seniority and continued employment.
Following this grant, Mahmud Kamani, Carol Kane, and John Lyttle's interests in Shares have been detailed, including their personal holdings, shares under option, and total interest as a percentage of the issued share capital. The total number of ordinary shares and voting rights in the Company will be 1,269,084,436 following the admission of the new ordinary shares, with no shares held in treasury.
Additionally, the notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them have been provided, including details of the transactions, nature of the transaction, and date of the transaction. These transactions were made in accordance with the requirements of the UK Market Abuse Regulation.
Overall, the announcement provides a comprehensive overview of the recent grant of options, directors' dealings, and total voting rights at BOOHOO GROUP PLC.