Last checked at 17 Apr 2019 12:18
17 April 2019
ASOS Plc
(the "Company")
Director/PDMR Shareholding
ASOS Plc ("the Company") announces that Nicholas Robertson, Non-Executive Director, sold 410,000 Ordinary Shares of 3.5 pence each in the capital of the Company ("Shares") on Tuesday 16 April 2019 at an average price of £37.225 per share.
Following this transaction, Mr Robertson holds 4,636,414 Shares in the Company, representing 5.53% of the Company's issued share capital.
As a result of this, the number of Shares Mr Robertson has pledged in favour of the margin loan facility with Credit Suisse (UK) has reduced to 4,636,414, representing 5.53% of the Company's issued share capital.
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 | 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 | Sale of Shares | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£37.225 | 410,000 | ||
e) | Aggregated information - Aggregated volume - Price - Aggregated total | N/A single transaction
| |
f) | Date of the transaction | Tuesday 16 April 2019 | |
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 | Reduction of grant of security over shares | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
Nil | 410,000 | ||
e) | Aggregated information - Aggregated volume - Price - Aggregated total | N/A - Single transaction
| |
f) | Date of the transaction | Tuesday 16 April 2019 | |
g) | Place of the transaction | Outside a trading venue | |
For further information:
ASOS Plc Nick Beighton, Chief Executive OfficerGreg Feehely, Director of Investor RelationsAlison Lygo, Investor Relations Manager Website: 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 / Bill Hutchings / Caroline Thomlinson
| 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.