30 Mar 2020 10:58
For immediate release
AO World plc (the "Company")
Director / PDMR Shareholding
The Company received notification on 27 March 2020 of the following change in the interests of Ordinary Shares in the Company in respect of the undermentioned Person Discharging Managerial Responsibility ("PDMR") 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* |
John Roberts, Chief Executive Officer/ PDMR | 27 March 2020 | 897,059 | Nil | 107,900,612 | 22.58% |
*Excludes 6,348 ordinary shares held by Crystalcraft Limited, defined under MAR as a person closely associated with John Roberts
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 | John Roberts | ||||
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 | 27 March 2020 | ||||
f) | Place of the transaction | London, England | ||||
Ao World (AO.)