11th Feb 2016 08:20
LONDON (Alliance News) - Online fashion retailer Boohoo.com PLC said Thursday that its Chairman Peter Williams and two non-executive directors have all waived their rights to non-executive options that were awarded to them at the time of the company's flotation in March 2014.
Williams and Non-Executives Stephen Morana and Mark Newton-Jones have all waived the rights, and following this none of the three have an interest in options over shares in the company.
This brings Boohoo in to line with "best corporate governance practice in this area", it said.
This means the total number of options over shares in the company now stands at 33.2 million, or 2.95% of the company's issued share capital.
Shares in Boohoo were up 0.6% at 40.50 pence Thursday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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