Director/PDMR Shareholding

RNS Number : 3251R

ASOS PLC

24 October 2013

 

24 October 2013

ASOS plc (the "Company")

Directors' Shareholdings

On 24 May 2012 the Company announced that under the Management Incentive Plan (the "Plan") it approved the exchange of subordinated ordinary shares in ASOS.com Limited, for a total of 4,000,822 ordinary shares with a nominal value of 3.5 pence each in ASOS Plc ("Ordinary Shares"), which were allotted to the participants in the Plan.

The Company has been notified that on 23 October 2013 the following Directors sold shares that they had received under the Plan, after the release of the second tranche under the Plan on 30 September 2013.

The details relating to the share sale were as follows:

Director	Number of shares received under the Plan	Number of shares released under the Plan on 30 September 2013	Number of shares sold under the Plan on 23 October 2013	Price per share received on disposal (GBP)	Number of shares held in ASOS Plc following this transaction
Nicholas Robertson, Chief Executive Officer	1,489,584	744,792	744,792	50.00	7,744,600
Nicholas Beighton, Chief Finance Officer	730,188	365,094	240,000	50.00	127,794

Further to this, the Company has been notified that, Nick Robertson, the Company's Chief Executive Officer, has exercised and sold options over 840,000 ordinary shares of 3.5 pence each ("Ordinary Shares") at exercise prices as detailed below:

Name	No of options exercised	Option Price (£)	Number of shares sold	Price per share received on disposal (£)
Nicholas Robertson, Chief Executive Officer	140,000	0.565	140,000	50.00
	500,000	0.575	500,000
	200,000	0.98	200,000

Following this transaction, Mr. Robertson holds 7,744,600 shares in the Company. This is approximately 9.4% of the Company's issued share capital.

Application will be made for the 840,000 new Ordinary Shares to be admitted to trading on AIM. These new Ordinary Shares will rank pari passu with the existing Ordinary Shares of the Company and dealings in the new Ordinary Shares are expected to commence on 30 October 2013. 

For further information:
ASOS plc
Greg Feehely, Head of Investor Relations	Tel: [phone]
College Hill
Matthew Smallwood/Justine Warren/Jamie Ramsay	Tel: [phone]
JPMorgan Cazenove
Gina Gibson	Tel: [phone]

 

END

 

 

RDSLLFILILLSFIV