28 Mar 2018 16:53
For immediate release
AO World plc (the "Company")
Director / PDMR Shareholding
The Company received notification on 26 March 2018 of the following change in the interests of Ordinary Shares in the Company in respect of the undermentioned Person Discharging Managerial Responsibility ("PDMR") and their Closely Associated Person ("PCA") arising from the transfer of shares:
PDMR/PCA | Date of transfer | Number of shares transferred | Consideration per share (pence) | Resultant interest in shares | Resultant % interest in shares |
Steve Caunce Chief Executive Officer / PDMR | 23 March 18 | 5,000,000 | Nil | 47,145,815
| 10.28% |
Linda Caunce PCA | - | - | - | 5,660,000 | 1.23% |
Total | 52,805,815 |
The Company received notification today of the following change in the interests of Ordinary Shares in the Company in respect of the undermentioned Person Discharging Managerial Responsibility ("PDMR") and their Closely Associated Person ("PCA") arising from the transfer of shares to charity:
PDMR/PCA | Date of transfer | Number of shares transferred | Consideration per share (pence) | Resultant interest in shares | Resultant % interest in shares |
Steve Caunce Chief Executive Officer / PDMR | 28 March 18 | 650,000 | Nil | 46,495,815 | 10.13% |
Linda Caunce PCA | 28 March 18 | 180,000 | Nil | 5,480,000 | 1.19% |
Total | 51,975,815 |
The Notification of Dealing Forms provided in accordance with the requirements of MAR in relation to the transactions listed above are set out below:
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Steve Caunce | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Executive Officer | ||||
b) | Initial notification/Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | AO World PLC | ||||
b) | LEI | 2138005FFOAJIUZY4375 | ||||
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 | Ordinary shares of 0.25p each | ||||
b) | Nature of the transaction | Transfer to Linda Caunce | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | As above
| ||||
e) | Date of the transaction | 23 March 2018 | ||||
f) | Place of the transaction | London, England | ||||
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Steve Caunce | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Executive Officer | ||||
b) | Initial notification/Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | AO World PLC | ||||
b) | LEI | 2138005FFOAJIUZY4375 | ||||
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 | Ordinary shares of 0.25p each | ||||
b) | Nature of the transaction | Gift to charity | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | As above
| ||||
e) | Date of the transaction | 28 March 2018 | ||||
f) | Place of the transaction | London, England | ||||
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Linda Caunce | ||||
2 | Reason for the notification | |||||
a) | Position/status | Person Closely Associated with Steve Caunce (Chief Executive Officer of AO World plc) | ||||
b) | Initial notification/Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | AO World PLC | ||||
b) | LEI | 2138005FFOAJIUZY4375 | ||||
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 | Ordinary shares of 0.25p each | ||||
b) | Nature of the transaction | Gift to charity | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | As above
| ||||
e) | Date of the transaction | 28 March 2018 | ||||
f) | Place of the transaction | London, England | ||||
Ao World (AO.)