Last checked at 21 Feb 2022 09:20
21 February 2022
ASOS Plc
("ASOS" or the "Company")
AIM Delisting and Admission to the Premium Listing Segment of Main Market
ASOS is pleased to announce that its ordinary shares (the "Ordinary Shares") will be admitted tomorrow, 22 February 2022, to the premium listing segment of the Official List of the Financial Conduct Authority (the "FCA") and to trading on the main market for listed securities (the "Main Market") of London Stock Exchange plc (together, "Admission").
As announced on 18 February 2022, the last day of trading of the Company's Ordinary Shares on AIM will be today, 21 February 2022 and the Ordinary Shares will be delisted from AIM with effect from 7.00 a.m. tomorrow, 22 February 2022. The Ordinary Shares will be admitted to the premium segment of the Official List and to trading on the Main Market from 8.00 a.m. on 22 February 2022.
The Company is not offering any new Ordinary Shares nor any other securities in connection with Admission. Following Admission, the Company's Ordinary Shares will continue to be registered with their existing ISIN of: GB0030927254. The Company's ticker symbol will continue to be ASC.
The Company's shareholders should consult their own tax advisers as to the tax implications of the Company's proposed move to the Main Market.
For further information:
ASOS Plc Mathew Dunn, Chief Operating Officer & Chief Financial Officer Taryn Rosekilly, Director of Investor Relations Website: http://www.asosplc.com/investor-relations | Tel: 020 7756 1000 |
Headland Consultancy Susanna Voyle/Stephen Malthouse | Tel: 020 3805 4822 |
J.P. Morgan Cazenove Bill Hutchings/Will Vanderspar | Tel: 020 7742 4000 |
Numis Securities Alex Ham/Jonathan Wilcox/Tom Jacob | Tel: 020 7260 1000 |
Berenberg Michelle Wilson/Jen Clarke | Tel: 020 3207 7800 |
Background note
ASOS is an online destination for fashion-loving 20-somethings around the world. ASOS' vision is to be the go-to destination for such fashion-loving 20-somethings. Through ASOS' mobile app and web experience, customers can shop a curated edit of approximately 90,000 products, sourced from nearly 900 global and local partner brands, alongside a mix of fashion-led in-house labels including Topshop, Topman, Miss Selfridge, HIIT, ASOS DESIGN, ASOS EDITION, ASOS 4505, Collusion and Reclaimed Vintage.
Important information
This announcement may include statements that are, or may be deemed to be, "forward-looking statements" (including words such as "believe", "expect", "estimate", "intend", "anticipate" and words of similar meaning). By their nature, forward-looking statements involve risk and uncertainty since they relate to future events and circumstances, and actual results may, and often do, differ materially from any forward-looking statements. Any forward-looking statements in this announcement reflect management's view with respect to future events as at the date of this announcement. Save as required by applicable law, the Company undertakes no obligation to publicly revise any forward-looking statements in this announcement, whether following any change in its expectations or to reflect events or circumstances after the date of this announcement.
This announcement does not constitute an offer to sell, or the solicitation of an offer to acquire or subscribe for, shares in the Company in any jurisdiction. The distribution of this announcement outside the UK may be restricted by law. No action has been taken by the Company that would permit possession of this announcement in any jurisdiction outside the UK where action for that purpose is required. Persons outside the UK who come into possession of this announcement should inform themselves about the distribution of this announcement in their particular jurisdiction.
The Company's ordinary shares have not been, and will not be, registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or under the securities laws of any state or other jurisdiction of the United States. The ordinary shares may not be offered, sold, resold, transferred or delivered, directly or indirectly, within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the US Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction in the United States.
J.P. Morgan Securities plc (which conducts its UK investment banking activities as J.P. Morgan Cazenove) ("J.P. Morgan"), which is authorised by the Prudential Regulatory Authority (the "PRA") and regulated in the United Kingdom by the PRA and the FCA, is acting exclusively for the Company and no one else in connection with Admission and it will not regard any other person as a client in relation to Admission and will not be responsible to anyone other than the Company for providing the protections afforded to its clients or for providing advice in relation to Admission or any other transaction, matter, or arrangement referred to in this announcement.
This announcement has been issued by, and is the sole responsibility of, the Company. No representation or warranty, express or implied, is or will be made as to, or in relation to, and no responsibility or liability is or will be accepted by J.P. Morgan or by any of its affiliates, directors, officers, employees, advisers or agents as to or in relation to, the accuracy or completeness of this announcement or any other written or oral information made available to or publicly available to any interested party or its advisers, and any liability therefore is expressly disclaimed.