Director/PDMR Shareholding

RNS Number : 2694A

ASOS PLC

31 July 2008

 



31 July 2008

ASOS plc ('ASOS' or the 'Company')

Performance Share Plan

Save As You Earn Scheme

On 30 July 2008, ASOS granted awards under the ASOS Performance Share Plan 2006 (the 'PSP'), further details of which are set out below. These awards comprise conditional allocations of ordinary shares of 3.5 pence each in the Company ('Ordinary Shares'), at a value based on the closing price of the Ordinary Shares on 30 July 2008, being 318.0 pence per Ordinary Share, which will vest on the third anniversary of grant, subject to the satisfaction of the relevant performance conditions set by the remuneration committee. 

Name	Number of Shares
Nicholas Robertson, Chief Executive	61,635
Robert Bready, Product and Trading Director	48,427
Jonathan Kamaluddin, Finance Director	41,823

The Ordinary Shares to satisfy the above awards will be purchased by the trustee of the PSP in the market in accordance with the rules of the PSP, and a further appropriate announcement will be made in due course.

In addition to the awards granted under the PSP, the directors have also, under the ASOS plc HMRC Approved Save As You Earn Option Plan (the 'SAYE Plan'), acquired the option to acquire shares at 283.2 pence per share via the SAYE Plan and are accordingly treated as having the following interests in such Ordinary Shares:

Name	Number of Ordinary Shares
Nicholas Robertson, Chief Executive	3,319
Robert Bready, Product and Trading Director	3,319
Jonathan Kamaluddin, Finance Director	3,319

For further information:

ASOS plc                            Tel: [phone]

Nick Robertson, Chief Executive

Jon Kamaluddin, Finance Director

Cubitt Consulting                        Tel: [phone]

Simon Brocklebank-Fowler / James Verstringhe    

JPMorgan Cazenove                        

Luke Bordewich / Gina Gibson                Tel: [phone]

Kaupthing Singer & Friedlander

Nicholas How / Brad Cheng                    Tel: [phone]

Note to Editors

ASOS plc is an Internet Retail business, established in June 2000 and admitted to AIM in October 2001. ASOS.com is the UK's largest independent online fashion and beauty retailer. Aimed primarily at internet savvy 18-34 year olds, ASOS offers over 13,600 fashion products across womenswear, menswear, footwear, accessories, jewellery and beauty. ASOS.com attracts over 3.4 million unique visitors a month and has 1.72 million registered users (following database cleansing) as at 29 July 2008. www.asos.com

 

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