Director/PDMR Shareholding

RNS Number : 5124W

AO World plc

18 August 2022

 

For immediate release

AO World PLC (the "Company")

Director / PDMR Shareholding

AO World PLC announces that on 18 August 2022, and subject to the terms of the Company's AO Incentive Plan which was approved by shareholders of the Company on 19 July 2018 ("Plan"), the following awards have been granted to persons discharging managerial responsibilities ("PDMRs") of the Company for nil consideration and that following the grant of these awards, PDMRs sold the following number of shares:

Name	Number of shares awarded	Price per share	Number of shares subsequently sold
Mark Higgins	371,484	Nil	179,781 ordinary shares were sold to cover tax and national insurance obligations, with 191,703 ordinary shares retained
Daniel Emmett	145,680	Nil	70,503 ordinary shares were sold to cover tax and national insurance obligations, with 75,177 ordinary shares retained

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	Mark Higgins
2	Reason for the notification
a)	Position/status	Director, 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	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, identification code	Ordinary shares of 0.25p each GB00BJTNFH41
b)	Nature of the transaction	1.  Grant of ordinary shares of 0.25p each granted under the Company's AO Incentive Plan (FY19 grant).  2.  Subsequent sale of [NUMBER] ordinary shares, of which [NUMBER] ordinary shares were sold to cover tax and national insurance obligations, with [NUMBER] ordinary shares retained.
c)	Price(s) and volume(s)	1.  Issue Price(s) Volume(s) Nil 371,484 2.  Sale Price(s) Volume(s) Nil 179,781
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	18 August 2022
f)	Place of the transaction	London, England

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Danny Emmett
2	Reason for the notification
a)	Position/status	PDMR, Chief Operating 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, identification code	Ordinary shares of 0.25p each GB00BJTNFH41
b)	Nature of the transaction	1.  Grant of ordinary shares of 0.25p each granted under the Company's AO Incentive Plan (FY19 grant).  2.  Subsequent sale of [NUMBER] ordinary shares, of which [NUMBER] ordinary shares were sold to cover tax and national insurance obligations, with [NUMBER] ordinary shares retained.
c)	Price(s) and volume(s)	3.  Issue Price(s) Volume(s) Nil 145,680 4.  Sale Price(s) Volume(s) Nil 70,503
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	18 August 2022
f)	Place of the transaction	London, England

Enquiries:

AO World PLC

Company Secretary

[e-mail]

 

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