Last checked at 16 Mar 2015 07:00
AO World plc
( "the Company")
16 March 2015
Sale of shares by Richard Rose
The Company notes that on Friday 13 March 2015, Richard Rose, Non-Executive Chairman, sold 5,583,475 existing ordinary shares of 0.25 pence each in the Company, at a price of £1.80 per share (representing approximately 1.3% of its issued share capital). Richard Rose still retains a significant shareholding in the Company.
John Roberts, Chief Executive Officer, said:
"The share sale by Richard Rose follows the expiry of the post-IPO lock-up and will help to further increase liquidity and the number of shares in public hands. Richard remains committed to the Company, both as a shareholder and as its Chairman."
For further information, please contact:
AO World plc +44(0) 1204 672400
John Roberts
Steve Caunce
Tulchan Communications +44(0) 20 7353 4200
Susanna Voyle
Michelle Clarke