Issuance of Ordinary Shares to Non-Executive Directors and Total Voting Rights at BOOHOO GROUP PLC

BOOHOO GROUP PLC has announced the issuance of new ordinary shares to its Non-Executive Directors as part of their compensation package. A total of 206,309 New Ordinary Shares were issued at an effective price of 33.93 pence under the terms of their letter of appointment, representing the share compensation due for the financial year ending 28 February 2024. These shares are subject to lock-in provisions for as long as the recipient remains a director of boohoo. The trading of the New Ordinary Shares, which will rank pari passu with the existing Ordinary Shares, is expected to commence on or around 13 February 2024.

Following the admission of the New Ordinary Shares, the total number of ordinary shares and voting rights in the Company will be 1,268,675,790. The Company does not hold any shares in treasury. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

BOOHOO GROUP PLC, founded in Manchester in 2006, is an inclusive and innovative global brand targeting young, value-orientated customers. The group has extended its customer offering through the acquisitions of various fashion brands, and as of 31 August 2023, it had 17 million active customers across all its brands around the world.

The Non-Executive Directors who received the share issuance are Iain McDonald, Tim Morris, Kirsty Britz, Alistair McGeorge, and John Goold. The issuance of shares to these directors was part of their compensation package, and the details of the transaction have been disclosed in accordance with regulatory requirements.

This issuance of ordinary shares to Non-Executive Directors and the disclosure of total voting rights provides transparency and insight into the company's governance and financial activities, demonstrating its commitment to aligning the interests of its directors with those of its shareholders.