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Director/PDMR Shareholding

23 Oct 2018 17:00

RNS Number : 9519E
ASOS PLC
23 October 2018
 

23 October 2018

 

ASOS Plc

(the "Company")

Director/PDMR Shareholding

 

ASOS Plc ("the Company") announces that Nicholas Robertson, Non-Executive Director, has granted a further pledge in favour of the margin loan facility with Credit Suisse (UK) over 250,000 Ordinary Shares in the Company, representing approximately 0.3% of the Company's issued share capital, as security for any amounts which may be due from time to time under the facility.

 

Nicholas Robertson remains the beneficial owner of the Ordinary Shares subject to the pledge and retains full voting rights over these shares.

 

As a result, Nicholas Robertson's beneficial interest in the Company remains unchanged at 5,046,414 Ordinary Shares, representing approximately 6.03% of the Company's issued share capital. 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 Nicholas Robertson

2

Reason for the notification

a)

Position/status

 Non-Executive Director

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 Shares of 3.5 pence each

 

 

 

GB0030927254

b)

Nature of the transaction

Grant of security over shares

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

250,000

e)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

 N/A - Single transaction

 

f)

Date of the transaction

 23 October 2018

g)

Place of the transaction

Outside a trading venue

 

For further information:

 

 

ASOS Plc 

Nick Beighton, Chief Executive OfficerGreg Feehely, Director of Investor RelationsWebsite: www.asosplc.com/investors

 

Tel: 020 7756 1000

Instinctif Partners

Matthew Smallwood / Justine Warren / Tom Berger 

 

Tel: 020 7457 2020

JPMorgan Cazenove 

Michael Wentworth-Stanley / Caroline Thomlinson/ Bill Hutchings

 

Tel: 020 7742 4000

Numis Securities

Alex Ham / Luke Bordewich / Tom Ballard

Tel: 020 7260 1000

 

Background note

 

ASOS is a global fashion destination for 20-somethings, selling all the freshest styles complemented by exclusive content, making ASOS.com the hub of a thriving fashion community and giving our audience the confidence to be whoever they want to be. ASOS sells over 87,000 branded and ASOS Brand products through localised app and mobile/desktop web experiences, delivering from fulfilment centres in the UK, US and Europe. ASOS curates a mix of our in-house designed labels, ASOS DESIGN, ASOS EDITION, ASOS WHITE and ASOS 4505, with global and local brands sold through our own channels to deliver a locally relevant offer. Our ground-breaking propositions help bring our amazing products to almost every country in the world and we serve customers globally with increasingly tailored local experiences: relevant languages, payment methods and delivery and return options. You can currently shop ASOS in over 200 markets, in eight languages, using an ever greater number of different payment methods, with hundreds of local deliveries and returns options from pick up and drop off networks to Next-Day Delivery. We aim to give all our global customers a truly frictionless experience.

ASOS's websites attracted 157.2m visits during August 2018 (August 2017: 135.7m) and as at 31 August 2018 had 18.4m active customers1 (31 August 2017: 15.4m), of which 6.0m were located in the UK and 12.4m were located in international territories (31 August 2017: 5.2m in the UK and 10.2m internationally).

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

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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