3 May 2013 16:30
3 May 2013
ASOS plc
("ASOS" or the "Company")
Director's Shareholding
The Company has received notification that, on 3 May 2013, Nicholas Beighton, an Executive Director of ASOS plc ("the Company") exercised share options under the ASOS plc HMRC Approved Save As You Earn Plan (the "SAYE Plan") over ordinary shares of 3.5p each in the Company ("Ordinary Shares").
The details relating to share options exercised were as follows:
Director | Number of options exercised | Option Price (£) | Number of shares sold | Number of shares in the SAYE Plan following the transaction | Number of shares held in the Company following this transaction |
Nick Beighton, Chief Finance Officer | 2,700 | £3.36 | 0 | 0 | 2,700 |
Following this transaction, Mr. Beighton holds 2,700 Ordinary Shares, representing 0.003% of the issued share capital of the Company.
As disclosed on 26 October 2012, under the Management Incentive Plan ("MIP"), Mr. Beighton was granted 730,188 Ordinary Shares, of which 365,094 vested on 30 September 2012 (and were sold by Mr. Beighton, as also disclosed on 26 October 2012) and 365,094 will vest on 30 September 2013, subject to the applicable terms and conditions of the MIP.
In addition to the above, and as disclosed on 1 May 2013, Mr. Beighton is also a participant in the ASOS Long Term Incentive Plan ("ALTIP").
For further information:
ASOS plc | |
Nick Robertson, Chief Executive Officer | Tel: 020 7756 1000 |
Nick Beighton, Chief Finance Officer | |
Greg Feehely, Head of Investor Relations | |
College Hill | |
Matthew Smallwood / Justine Warren / Jamie Ramsey | Tel: 020 7457 2020 |
J.P. Morgan Cazenove | |
Gina Gibson | Tel: 020 7742 4000 |
Numis Securities | |
Alex Ham | Tel: 020 7260 1000 |
ASOS (ASC)