Director/PDMR Shareholding

RNS Number : 0669F

ASOS PLC

24 October 2018

 

24 October 2018

ASOS Plc

(the "Company")

Director/PDMR Shareholding

Under the ASOS Plc Long-Term Incentive Scheme (the "ALTIS"), the senior executives (including the Executive Directors) and other ASOS employees may be annually granted awards over Ordinary Shares subject to a three-year vesting period and stretching performance conditions.

The Company announces the following transaction, in accordance with Article 19 of the EU Market Abuse Regulation:  

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Nick Beighton
2	Reason for the notification
a)	Position/status	PDMR - 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	ASOS Plc
b)	Legal Entity Identifier	213800H8DBB8JSKDW630
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	Conditional shares under the ASOS Long Term Incentive Scheme ("ALTIS"), subject to performance conditions measured over the period 1 September 2018 - 31 August 2021 as below: 30% EPS 30% TSR 30% Sales growth 10% NPS (Net promoter score).  GB0030927254
b)	Nature of the transaction	Award of conditional shares
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	21,027
e)	Aggregated information - Aggregated volume - Price - Aggregated total	N/A single transaction
f)	Date of the transaction	24 October 2018
g)	Place of the transaction	London Stock Exchange, AIM

ASOS Plc  Nick Beighton, Chief Executive Officer Greg Feehely, Director of Investor Relations Website: www.asosplc.com/investors	Tel: [phone]
Instinctif Partners Matthew Smallwood / Justine Warren / Tom Berger	Tel: [phone]
JPMorgan Cazenove  Michael Wentworth-Stanley / Caroline Thomlinson/ Bill Hutchings	Tel: [phone]
Numis Securities Alex Ham / Luke Bordewich / Tom Ballard	Tel: [phone]

Background note

ASOS is a global fashion destination for 20-somethings, selling all the freshest styles complemented by exclusive content, making ASOS.com the hub of a thriving fashion community and giving our audience the confidence to be whoever they want to be. ASOS sells over 87,000 branded and ASOS Brand products through localised app and mobile/desktop web experiences, delivering from fulfilment centres in the UK, US and Europe. ASOS curates a mix of our in-house designed labels, ASOS DESIGN, ASOS EDITION, ASOS WHITE and ASOS 4505, with global and local brands sold through our own channels to deliver a locally relevant offer. Our ground-breaking propositions help bring our amazing products to almost every country in the world and we serve customers globally with increasingly tailored local experiences: relevant languages, payment methods and delivery and return options. You can currently shop ASOS in over 200 markets, in eight languages, using an ever greater number of different payment methods, with hundreds of local deliveries and returns options from pick up and drop off networks to Next-Day Delivery. We aim to give all our global customers a truly frictionless experience.

ASOS's websites attracted 157.2m visits during August 2018 (August 2017: 135.7m) and as at 31 August 2018 had 18.4m active customers1 (31 August 2017: 15.4m), of which 6.0m were located in the UK and 12.4m were located in international territories (31 August 2017: 5.2m in the UK and 10.2m internationally).

¹ Defined as having shopped in the last twelve months as at 31 August

 

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