boohoo group plc

("boohoo" or "the group")

Grant of Options

boohoo group plc (AIM: BOO), a leading online fashion group, announces that options over a total of 2,288,000 Ordinary Shares of 1 pence each ("Shares") were granted, at nominal value, on 11 December 2019 pursuant to the Company's Long Term Incentive Plan ('LTIP').

The grant comprises an option over 168,570 Shares to Neil Catto, Chief Financial Officer, and options over 2,119,430 Shares, in aggregate, to 23 senior managers.

Following this grant Neil's interest in Shares is as follows:

The LTIP options granted have a performance period of three years ending on 28 February 2022 and vesting is dependent on meeting challenging performance conditions.

The options granted have a vesting period of three years, a total exercise period of ten years and an exercise price of 266.95 pence per Ordinary Share.

Following these grants the Company has a total of 41,317,000 Shares under option representing approximately 3.54% of the issued ordinary share capital of the Company.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

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.