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Director/PDMR Shareholding

25 Nov 2021 09:30

RNS Number : 5986T
ASOS PLC
25 November 2021
 

25 November 2021

ASOS Plc

(the "Company")

 

Director/PDMR Shareholding

 

On 23 November 2021, Mat Dunn, Chief Operating Officer and Chief Financial Officer was granted an award under the ASOS Plc Long-Term Incentive Scheme (the "ALTIS"). The award was granted as nil-cost options over Ordinary Shares. The award will vest on 31 October 2024 and is subject to the achievement of performance conditions.

 

This notification is made 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).

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Mat 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

Conditional shares under the ASOS Long Term Incentive Scheme ("ALTIS"), subject to performance conditions measured over the period 1 September 2021 - 31 August 2024 as below:

25% TSR

30% EPS

30% Revenue growth

15% ESG

 

 GB0030927254

b)

Nature of the transaction

Award of conditional shares

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

 48,791

 

e)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

 N/A single transaction

 

f)

Date of the transaction

 23 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.

 

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