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Last checked at 
13 Jul 2010 16:58
13 July 2010
ASOS plc ("ASOS" or the "Company")
Awards under Performance Share Plan
On 12 July 2010, conditional incentive share awards granted on 10 July 2007 under the ASOS Performance Share Plan 2006 (the "Plan") vested in accordance with the terms of the Plan. These awards vested in full in accordance with the performance conditions applicable to those awards based on the Company's earnings per share growth over a three-year performance period. No consideration was paid for the shares acquired.
In satisfaction of these awards, a number of the Company's directors received 589,583 ordinary shares of 3.5 pence each in the Company in accordance with the table set out below.
On 13 July 2010, the same directors sold a proportion of the shares acquired on the vesting of their awards to fund their tax liabilities.
|
Director |
Number of shares acquired |
Number of shares disposed of |
Price per share received on disposal |
Number of shares in the Plan following this transaction |
Number of shares held in ASOS following this transaction |
|
Nicholas Robertson, Chief Executive |
195,833 |
112,633 |
881p |
61,635 |
9,428,024 |
|
Robert Bready, Product and Trading Director |
218,750 |
125,815 |
881p |
48,427 |
164,259 |
|
Jonathan Kamaluddin, International Director |
175,000 |
100,652 |
881p |
41,823 |
74,348 |
For further information:
|
ASOS plc |
|
|
Nick Beighton, Finance Director |
Tel: 020 7756 1000 |
|
|
|
|
College Hill |
|
|
Justine Warren |
Tel: 020 7457 2020 |
|
|
|
|
J.P. Morgan Cazenove |
|
|
Luke Bordewich / Gina Gibson |
Tel: 020 7588 2828 |
|
Numis Securities |
|
|
Alex Ham |
Tel: 020 7260 1000 |
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