3 Nov 2020 15:03
3 November 2020
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ASOS Plc
(the "Company")
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Director/PDMR Shareholding
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Following vesting of the ASOS Plc Long-Term Incentive Scheme (the "ALTIS"), measured over the performance period 1 September 2017 - 31 August 2020, the Company announces the following transactions in accordance with Article 19 of the EU Market Abuse Regulation.
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After these transactions, Nick Beighton, Chief Executive Officer, has an interest in 183,659 ordinary ASOS Plc shares.
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1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Β Nick Beighton | |
2 | Reason for the notification | ||
a) | Position/status | Β PDMR - Chief Executive Officer | |
b) | Initial notification / Amendment | Β Initial notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Β ASOS Plc | |
b) | Legal Entity Identifier | Β 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 Β Identification code | Ordinary 3.5p shares. Β Β Β GB0030927254 | |
b) | Nature of the transaction | Acquisition of ordinary shares, following vesting under the ASOS ALTIS award, of conditional shares at nil cost, measured over the period 1 September 2017 - 31 August 2020. Β | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
Nil | Β 5,903 | ||
Β | |||
e) | Aggregated information - Aggregated volume Β - Price Β - Aggregated total | N/A single transaction Β Β | |
f) | Date of the transaction | Β 2 November 2020 | |
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 Β Identification code | Ordinary shares ofΒ 3.5 penceΒ each Β Β Β 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) |
Β Β£44.85 | Β 2,782 | ||
Β | |||
e) | Aggregated information - Aggregated volume Β - Price Β - Aggregated total | Β N/A one transaction Β | |
f) | Date of the transaction | 2 November 2020 | |
g) | Place of the transaction | London Stock Exchange, AIM | |
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For further information:
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ASOS Plc Nick Beighton, Chief Executive Officer Mat Dunn, Chief Financial Officer Alison Lygo, Investor Relations Website:Β www.asosplc.com/investors Β | Tel: 020 7756 1000 |
Headland Consultancy Susanna Voyle / Stephen Malthouse / Fay Rajaratnam Β | Tel: 020 3805 4822 |
JPMorgan Cazenove Bill Hutchings / Christopher Wood
| Tel: 020 7742 4000 |
Numis Securities Alex Ham / Luke Bordewich | Tel: 020 7260 1000 |
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Background note
ASOS is an online retailer for fashion-loving 20-somethings around the world, with a purpose to give its customers the confidence to be whoever they want to be. Through its market-leading app and mobile/desktop web experience, available in ten languages and in over 200 markets, ASOS customers can shop a curated edit of 85,000 products, sourced from 850 of the best global and local third-party brands and its mix of fashion-led in-house labels - ASOS Design, ASOS Edition, ASOS 4505 and Collusion. ASOS aims to give all of its customers a truly frictionless experience, with an ever-greater number of different payment methods and hundreds of local deliveries and returns options, including Next-Day and Same-Day Delivery, dispatched from state-of-the-art fulfilment centres in theΒ UK, US andΒ Germany.
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ASOS's websites attracted 233.4m visits during August 2020 (August 2019: 187.4m) and as at 31 August 2020 had 23.4m active customers1Β (31 August 2019: 20.3m), of which 7.1m were located in theΒ UKΒ and 16.3m were located in international territories (31 August 2019: 6.4m in theΒ UKΒ and 13.9m internationally).
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1Β Defined as having shopped in the last 12 months as at 31 August
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