| Market Closed - London S.E. Other stock markets | 5-day change | 1st Jan Change | ||
| 28.30 GBX | +1.36% |  | -1.94% | -30.99% |
| 07-29 | Boohoo Group Negotiate Refinancing with Lenders as Default Looms | MT |
| 07-23 | UBS raises L&G; RBC likes Ricardo | AN |
January 03, 2020 at 10:13 am
Share
For Immediate Release | 3 January 2020 |
boohoo group plc
('boohoo' or 'the group')
Notification of Major Interest in Shares
boohoo group plc (AIM: BOO), a leading online fashion group, has been notified of the following dealing in the Company's ordinary shares of 1 pence each ('Ordinary Shares') made on 18 December 2019 by Nurez Kamani. Nurez has gifted a total of 10 million Ordinary Shares (representing 0.86% per cent of the Company's issued share capital) for nil consideration to a trust established for the benefit of Nurez Kamani's adult children. The gifts were notified to the Company on 20 December 2019.
Immediately following the gifts on 18 December 2019, Nurez and the trust for the benefit of Nurez's adult children each had interests in 25,108,623 and 10,000,000 Ordinary Shares respectively, representing 2.15 per cent and 0.86 per cent of the Company's issued share capital respectively.
TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer andto the FCA in Microsoft Word format if possible) | ||||||
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | boohoo group plc | |||||
1b. Please indicate if the issuer is a non-UK issuer (please mark with an 'X' if appropriate) | ||||||
Non-UK issuer | X | |||||
2. Reason for the notification (please mark the appropriate box or boxes with an 'X') | ||||||
An acquisition or disposal of voting rights | X | |||||
An acquisition or disposal of financial instruments | ||||||
An event changing the breakdown of voting rights | ||||||
Other (please specify): Please see section 11, additional information. | ||||||
3. Details of person subject to the notification obligation | ||||||
Name | NUREZ KAMANI | |||||
City and country of registered office (if applicable) | ||||||
4. Full name of shareholder(s)(if different from 3.) | ||||||
Name | ||||||
City and country of registered office (if applicable) | ||||||
5. Date on which the threshold was crossed or reached: | 18/12/2019 | |||||
| 6. Date on which issuer notified (DD/MM/YYYY): | 20/12/2019 | |||||
7. Total positions of person(s) subject to the notification obligation | ||||||
% of voting rights attached to shares (total of 8. A) | % of voting rights through financial instruments | Total of both in % (8.A + 8.B) | Total number of voting rights of issuer | |||
Resulting situation on the date on which threshold was crossed or reached | 2.15% | 2.15% | 1,165,419,387 | |||
Position of previous notification (if applicable) | 3.79% | 3.79% | 1,162,811,822 | |||
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached | |||||||||
A: Voting rights attached to shares | |||||||||
Class/type of ISIN code (if possible) | Number of voting rights | % of voting rights | |||||||
Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | ||||||
JE00BG6L7297 | 25,108,623 | 2.15% | |||||||
SUBTOTAL 8. A | 25,108,623 | 2.15% | |||||||
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) | |||||||||
Type of financial instrument | Expiration | Exercise/ | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | |||||
SUBTOTAL 8. B 1 | |||||||||
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) | |||||||||
Type of financial instrument | Expiration | Exercise/ | Physical or cash settlement | Number of voting rights | % of voting rights | ||||
SUBTOTAL 8.B.2 | |||||||||
9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an 'X') | ||||
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer | X | |||
| Fullchain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) | ||||
Name | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | |
10. In case of proxy voting, please identify: | ||||
Name of the proxy holder | ||||
The number and % of voting rights held | ||||
The date until which the voting rights will be held | ||||
11. Additional information | ||||
Place of completion | LONDON, UK |
Date of completion | 3 January 2020 |
Enquiries | |
boohoo group plc | |
Neil Catto, Chief Financial Officer | Tel: +44 (0)161 233 2050 |
Alistair Davies, Investor Relations | Tel: +44 (0)161 233 2050 |
Clara Melia, Investor Relations | Tel: +44 (0)20 3289 5520 |
Zeus Capital - Nominated adviser and joint broker | |
Nick Cowles/Andrew Jones (Corporate Finance) | Tel: +44 (0)161 831 1512 |
John Goold/Benjamin Robertson (Corporate Broking) | Tel: +44 (0)20 3829 5000 |
Jefferies - Joint broker | |
Philip Noblet/Max Jones | Tel: +44 (0)20 7029 8000 |
Buchanan - Financial PR adviser | boohoo@buchanan.uk.com |
Richard Oldworth/Kim Looringh-van Beeck/Toto Berger | Tel: +44 (0)20 7466 5000 |
About boohoo group plc
'Leading the fashion eCommerce market'
Founded in Manchester in 2006, boohoo is an inclusive and innovative brand targeting young, value-orientated customers. For 13 years, boohoo has been pushing boundaries to bring its customers up-to-date and inspirational fashion, 24/7. boohoo has grown rapidly in the UK and internationally, expanding its offering with range extensions into menswear, through boohooMAN.
In early 2017 the group extended its customer offering through the acquisitions of the vibrant fashion brand PrettyLittleThing, and free-thinking brand Nasty Gal. In March 2019 the group acquired the MissPap brand and in August 2019, the Karen Millen and Coast brands, all complementary to the group's scalable multi-brand platform. United by a shared customer value proposition, our brands design, source, market and sell great quality clothes, shoes and accessories at unbeatable prices. These investment propositions have helped us grow from a single brand, into a major multi-brand online retailer, leading the fashion eCommerce market for 16 to 40-year-olds around the world. As at 31 August 2019, the boohoo group had around 13 million active customers across all its brands around the world.
Attachments Disclaimer Boohoo.com plc published this content on 03 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 January 2020 15:12:04 UTC
Share
© Publicnow - 2020
Latest news about boohoo group plc
| Boohoo Group Negotiate Refinancing with Lenders as Default Looms | MT | |
| UBS raises L&G; RBC likes Ricardo | AN | |
| Britain's Frasers forecasts more growth as move upmarket pays off | RE | |
| Boohoo Group plc Appoints Sophie Rycroft as Director | CI | |
| Tesla, Inc. : Musk moves a step closer to the $56 billion prize and the transfer of Tesla's headquarters to Texas |  | |
| JPMorgan Keeps Boohoo at Neutral, Cuts PT | MT | |
| Morgan Stanley cuts Anglo American | AN | |
| Battles over CEO pay across the globe | RE | |
| Boohoo abandons GBP1 million bonus for top bosses who missed targets | AN | |
| UK's Boohoo withdraws resolution on executive bonuses from AGM agenda | RE | |
| NatWest target raised, other lenders backed | AN | |
| AIM WINNERS & LOSERS: Mobile Tornado wins deal; boohoo loss widens | AN | |
| Boohoo shares slide further as annual revenue falls in UK and US | AN | |
| UBS raises Centrica to 'buy' from 'neutral | AN | |
| Informa raises buybacks; OSB and Wetherspoon rise | AN | |
| Transcript : Boohoo group plc, Q4 2024 Earnings Call, May 08, 2024 | ||
| Boohoo Group Posts Bigger FY24 Loss; Revenue Down | MT | |
| Informa ups share buybacks value; boohoo loss widens | AN | |
| Boohoo profit down 7% after sales slump | RE | |
| Earnings Flash (BOO.L) BOOHOO GROUP Posts FY24 Revenue GBP1.46B | MT | |
| Earnings Flash (BOO.L) BOOHOO GROUP Reports FY24 Loss GBX-11.48 | MT | |
| Boohoo group plc Reports Earnings Results for the Full Year Ended February 28, 2024 | CI | |
| FTSE 100 driven higher by US rates optimism | AN | |
| Zalando with encouraging figures - platform sales increase | RE | |
| Deutsche Bank Kicks off Boohoo Group Coverage at Sell | MT |
Chart boohoo group plc
More charts
Company Profile
Boohoo Group Plc is a United Kingdom-based holding company that operates through its subsidiary, which undertakes online clothing retailers. The Company designs, sources, markets and sells clothing, shoes, accessories and beauty products. Its segments include the United Kingdom, Rest of the Europe, the United States and the Rest of the world. It owns various brands, such as boohoo, boohooMAN, PrettyLittleThing, Nasty Gal, MissPap, Karen Millen, Coast, Oasis, Warehouse, Debenhams, Dorothy Perkins, Wallis, and Burton. Its brands design, source, market and sell clothing, shoes, accessories and beauty products targeted at 16 to 40-year-old consumers in the United Kingdom and internationally. The Company's wholly owned subsidiary is Boohoo Holdings Limited.
Employees
5,079
Sector
Calendar
2024-09-24 - Q2 2025 Earnings Release (Projected)
More about the company
Income Statement and Estimates
More financial data
Ratings
Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Analysts' Consensus
Sell
Buy
Mean consensus
HOLD
Number of Analysts
15
Last Close Price
0.2830GBP
Average target price
0.3521GBP
Spread / Average Target
+24.43%
Consensus
Profit revisions
Estimate revisions
Quarterly revenue - Rate of surprise
Company calendar
- Stock Market
- Equities
- BOO Stock
- News boohoo group plc
- boohoo : Notification of Major Interest in Shares
