Receipt of Requisition Notices
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boohoo Group plc (AIM: BOO), a leading online fashion group, confirms that it has received letters and accompanying notices dated 23 October 2024 from HSBC Client Holdings Nominee (UK) Ltd. on behalf of Frasers Group plc ("Frasers"), seeking, as a holder of approximately 27% of the voting rights of the Company, to requisition an extraordinary general meeting of the Company pursuant to Article 89 of Companies (Jersey) Law 1991 (the "Requisitions").
The Requisitions propose to appoint Mike Ashley and Mike Lennon as directors of the Company and to remove John Lyttle as a director of the Company. They also propose to appoint Mike Ashley as Chief Executive Officer, should he be appointed as a director.
The boohoo Board is in the process of reviewing the content and validity of the Requisitions with its advisers. A further announcement will be made in due course.
In the meantime, shareholders are urged to take no action.
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