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: 020 7756 1000



College Hill


Matthew Smallwood/Justine Warren/Jamie Ramsay

Tel: 020 7457 2020



JPMorgan Cazenove 


Gina Gibson

Tel: 020 7742 4000

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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