Last checked at 17 Apr 2018 13:24
17 April 2018
ASOS Plc
(the "Company")
Director/PDMR Shareholding
ASOS Plc ("the Company") announces that Nicholas Robertson, Non-Executive Director, has entered into a margin loan facility with Credit Suisse (UK), and has granted a pledge in favour of Credit Suisse (UK) over 1,000,000 Ordinary Shares in the Company, representing approximately 1.2% 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 6.0% 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 | 1,000,000 | ||
e) | Aggregated information - Aggregated volume - Price - Aggregated total | N/A - Single transaction
| |
f) | Date of the transaction | 17 April 2018 | |
g) | Place of the transaction | Outside a trading venue | |
For further information:
ASOS Plc Greg Feehely, Director of Investor RelationsWebsite: www.asosplc.com/investors
| Tel: 020 7756 1000 |
Instinctif Partners Matthew Smallwood / Guy Scarborough
| Tel: 020 7457 2020 |
JPMorgan Cazenove Michael Wentworth-Stanley / Bill Hutchings
| Tel: 020 7742 4000 |
Numis Securities Alex Ham / Luke Bordewich | Tel: 020 7260 1000 |
Background note
ASOS is a global fashion destination for 20-somethings, selling cutting-edge fashion and offering a wide variety of fashion-related content, making ASOS.com the hub of a thriving fashion community. ASOS sells over 87,000 branded and 'ASOS Design' products through localised app and mobile/ desktop web experiences, delivering from fulfilment centres in the UK, US and Europe. ASOS tailors the mix of ASOS design (our in house designed label), global and local brands sold through our own channels to deliver a locally relevant product offer. Our global propositions help bring our amazing product to nearly 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 6 major global languages, using an ever greater number of different global payment methods, with hundreds of local delivery and returns options from pick and drop off networks in Italy to Next Day delivery to home in the Netherlands. We aim to offer all our global customers a truly frictionless experience.
ASOS's websites attracted 156.9m visits during February 2018 (February 2017: 127 million) and as at 28 February 2018 had 16.5m active customers1 (28 February 2017: 14.1m), of which 5.5m were located in the UK and 11.0m were located in international territories (28 February 2017: 5.0m in the UK and 9.1m internationally).
1 Defined as having shopped in the last twelve months as at 31 August 2017