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Company Announcements

Director/PDMR Shareholding

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By LSE RNS

RNS Number : 4274V
ASOS PLC
02 November 2017
 

ASOS Plc

(the "Company")

 

Director/PDMR Shareholding

 

Following vesting of the ASOS Plc Long-Term Incentive Scheme (the "ALTIS), measured over the performance period 1 September 2014 - 31 August 2017, the Company announces the following transactions in accordance with Article 19 of the EU Market Abuse Regulation.  Further to the initial notification of this ALTIS award on 16 January 2015, the vesting is over conditional shares at nil cost, not options.

 

After these transactions, Nick Beighton, Chief Executive Officer has an interest in 150,503 ordinary ASOS Plc shares.  Helen Ashton, Chief Financial Officer has an interest in 5,221 ordinary ASOS Plc shares.

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 Nick Beighton

2

Reason for the notification

a)

Position/status

 PDMR - Chief Executive Officer

b)

Initial notification / Amendment

 Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 ASOS Plc

b)

Legal Entity Identifier

 213800H8DBB8JSKDW630

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

Ordinary 3.5p shares.

 

 

 

GB0030927254

b)

Nature of the transaction

Acquisition of ordinary shares, following vesting under the ASOS ALTIS award made on 16 January 2015, of conditional shares at nil cost, measured over the period 1 September 2014 - 31 August 2017.

 

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

 33,614


e)

Aggregated information

- Aggregated volume

 

- Price

 

- Aggregated total

N/A single transaction  

 

 

f)

Date of the transaction

 31 October - 1 November 2017

g)

Place of the transaction

London Stock Exchange, AIM

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

Ordinary shares of 3.5 pence each

 

 

 

GB0030927254

b)

Nature of the transaction

Sale of all acquired ordinary shares following vesting, including sale of sufficient ordinary shares to meet tax and national insurance liabilities as a condition of the ALTIS vesting.  

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Volume(s)

 £56.8403

 33,614


e)

Aggregated information

- Aggregated volume

 

- Price

 

- Aggregated total

 

 

33,614

 

£56.8403

 

£1,910,629

 

f)

Date of the transaction

 31 October - 1 November 2017

g)

Place of the transaction

London Stock Exchange, AIM

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 Helen Ashton

2

Reason for the notification

a)

Position/status

 PDMR - Chief Financial Officer

b)

Initial notification / Amendment

 Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 ASOS Plc

b)

Legal Entity Identifier

 213800H8DBB8JSKDW630

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

 

 

 

 

Ordinary 3.5p shares.

 

 

 

GB0030927254

 

b)

Nature of the transaction

Acquisition of ordinary shares, following vesting under the ALTIS award made on 16 January 2015, of conditional shares at nil cost, measured over the period 1 September 2014 - 31 August 2017.

 

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

 11,302


e)

Aggregated information

- Aggregated volume

 

- Price

 

- Aggregated total

 

 N/A single transaction

 

 

f)

Date of the transaction

 31 October - 1 November 2017

g)

Place of the transaction

London Stock Exchange, AIM

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

Ordinary shares of 3.5 pence each

 

 

 

GB0030927254

b)

Nature of the transaction

Sale of sufficient ordinary shares to meet tax and national insurance liabilities as a condition of the ALTIS vesting.  

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Volume(s)

 £56.8403

 6,081


e)

Aggregated information

- Aggregated volume

 

- Price

 

- Aggregated total

 

 

6,081

 

£56.8403

 

£345,645.8643

 

f)

Date of the transaction

 31 October - 1 November 2017

g)

Place of the transaction

London Stock Exchange, AIM

 

 

For further information:

 

 

ASOS Plc 

Nick Beighton, Chief Executive Officer
Helen Ashton, Chief Financial Officer
Greg Feehely, Director of Investor Relations
Website: www.asosplc.com/investors

 

Tel: 020 7756 1000

Instinctif Partners

Matthew Smallwood / Guy Scarborough 

 

Tel: 020 7457 2020

JPMorgan Cazenove 

Michael Wentworth-Stanley / Caroline Thomlinson/ Bill Hutchings

 

Tel: 020 7742 4000

Numis Securities

Alex Ham / Luke Bordewich

Tel: 020 7260 1000

 

 

Background note

 

ASOS is a global fashion destination for 20-somethings, selling cutting-edge fashion and offering a wide variety of fashion-related content, making ASOS.com the hub of a thriving fashion community. ASOS sells over 85,000 branded and own-label products through localised mobile and web experiences, delivering from fulfilment centres in the UK, US and Europe to almost every country in the world.

 

ASOS tailors the mix of own-label, global and local brands sold through each of eight local language websites: UK, US, France, Germany, Spain, Italy, Australia and Russia.

 

ASOS's websites attracted 135.7m visits during August 2017 (August 2016: 117.5m) and as at 31 August 2017 had 15.4m active customers1 (31 August 2016: 12.4m), of which 5.2m were located in the UK and 10.2m were located in international territories (31 August 2016: 4.7m in the UK and 7.7m internationally).

 

1 Defined as having shopped in the last twelve months as at 31 August 2017

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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