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Boohoo chairman and non-execs receive shares

Boohoo’s chairman Peter Williams and three non-executive directors have received shares worth £55,000 in the fast fashion etailer.

The allocation comes two weeks after it was announced that Williams and two non-executives waived their rights to the options over ordinary shares awarded to them when the company floated in March 2014.

Williams has received 61,350 ordinary shares valued at £25,000, while non-executive directors Mark Newton-Jones, Stephen Morana and David Forbes each received 24,540 shares worth £10,000 representing the share compensation for the year ending February 2016.

The windfalls are subject to lock-in provisions for as long as the recipient remains a director at Boohoo.

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