Last checked at 3 Nov 2021 09:50
3 November 2021
ASOS Plc
(the "Company")
Director/PDMR Shareholding
Following vesting of the ASOS Plc Long-Term Incentive Scheme (the "ALTIS"), measured over the performance period 1 September 2018 to 31 August 2021, the Company announces the following transactions in accordance with UK Market Abuse Regulations (Regulation (EU) 596/2014, as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018).
After these transactions, Mathew Dunn, Chief Operating Officer & Chief Financial Officer, has an interest in 20,644 ordinary ASOS Plc shares.
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Mathew Dunn | |
2 | Reason for the notification | ||
a) | Position/status | Chief Operating Officer & Chief Financial Officer | |
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 3.5p shares.
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 2018 - 31 August 2021.
| |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
Nil | 8,463 | ||
e) | Aggregated information - Aggregated volume
- Price
- Aggregated total | N/A single transaction
| |
f) | Date of the transaction | 1 November 2021 | |
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
Identification code | Ordinary shares of 3.5 pence each
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) |
£24.79 | 3,988 | ||
e) | Aggregated information - Aggregated volume
- Price
- Aggregated total |
N/A one transaction
| |
f) | Date of the transaction | 1 November 2021 | |
g) | Place of the transaction | London Stock Exchange, AIM | |
For further information:
ASOS Plc Mathew Dunn, COO & CFO Taryn Rosekilly, Director of Investor Relations Website: www.asosplc.com/investors
| Tel: 020 7756 1000 |
Headland Consultancy Susanna Voyle/Stephen Malthouse
| Tel: 020 3805 4822 |
JPMorgan Cazenove (Nominated Advisor) 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 a destination 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 over 90,000 products, sourced from more than 850 of the best global and local third-party brands and its mix of fashion-led own-brand labels - ASOS Design, ASOS Edition, ASOS 4505, Collusion, Reclaimed Vintage, Topshop, Topman, Miss Selfridge and HIIT. 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 Delivery and Same-Day Delivery, dispatched from state-of-the-art fulfilment centres in the UK, US and Germany.