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Director/PDMR Shareholding

2 Sep 2019 13:24

RNS Number : 9217K
ASOS PLC
02 September 2019
 

2 September 2019

ASOS Plc

(the "Company")

 

Director/PDMR Shareholding

 

ASOS Plc (the "Company") announces that Mathew Dunn, Chief Financial Officer, was granted a conditional award over 17,236 ASOS Plc Ordinary Shares (the "Award") under the terms of the ASOS Plc Long-Term Incentive Scheme (the "ALTIS") on 30 August 2019 (the "Grant Date"). This Award, which has a value of £400,000, has been granted in replacement of the value of awards forfeited on leaving his previous employment. The number of shares subject to the Award has been calculated based on the average market price over the five dealing days prior to the Grant Date. This Award will vest on 16 December 2019, which reflects vesting of the original award that was forfeited. There will be no performance conditions applied to the vesting of the Award.

 

This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014. 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 Mathew Dunn

2

Reason for the notification

a)

Position/status

 PDMR - 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 shares of 3.5 pence each

 

 

 

 

 

 

 

 GB0030927254

b)

Nature of the transaction

Award of conditional shares under the ASOS Long Term Incentive Scheme ("ALTIS")

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

 17,236

 

e)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

 N/A single transaction

 

f)

Date of the transaction

 30 August 2019

g)

Place of the transaction

London Stock Exchange, AIM

 

ASOS Plc 

Nick Beighton, Chief Executive OfficerAlison Lygo, Head of Investor RelationsWebsite: www.asosplc.com/investors

 

Tel: 020 7756 1000

JPMorgan Cazenove 

Michael Wentworth-Stanley / Bill Hutchings

 

Tel: 020 7742 4000

Numis Securities

Alex Ham / Luke Bordewich / Tom Ballard

Tel: 020 7260 1000

 

LEI number: 213800H8DBB8JSKDW630

 

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 85,000 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, ASOS 4505 and Collusion 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 200.9 million visits during June 2019 (June 20181: 169.1 million) and as at 30 June 2019 it had 20.0 million active customers2 (30 June 2018: 18.0 million), of which 6.3 million were located in the UK and 13.6 million were located in our international territories (30 June 2018: 5.8 million in the UK and 12.2 million internationally).

1Restated visits, previously reported number 180 million, 2Defined as having shopped in the last twelve months as at 30 June

 

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.
 
END
 
 
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