25 November 2021
ASOS Plc
(the "Company")
Director/PDMR Shareholding
On 23 November 2021, Mat Dunn, Chief Operating Officer and Chief Financial Officer was granted an award under the ASOS Plc Long-Term Incentive Scheme (the "ALTIS"). The award was granted as nil-cost options over Ordinary Shares. The award will vest on 31 October 2024 and is subject to the achievement of performance conditions.
This notification is made in accordance with UK Market Abuse Regulations (Regulation (EU) 596/2014, as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018).
1. |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Mat Dunn |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Operating Officer & Chief Financial Officer |
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b) |
Initial notification / Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
ASOS Plc |
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b) |
Legal Entity Identifier |
213800H8DBB8JSKDW630 |
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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 |
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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 2021 - 31 August 2024 as below: 25% TSR 30% EPS 30% Revenue growth 15% ESG
GB0030927254 |
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b) |
Nature of the transaction |
Award of conditional shares |
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c) |
Currency |
GBP |
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d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
48,791 |
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e) |
Aggregated information - Aggregated volume - Price - Aggregated total |
N/A single transaction
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f) |
Date of the transaction |
23 November 2021 |
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g) |
Place of the transaction |
London Stock Exchange, AIM
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For further information:
ASOS Plc Mathew Dunn, COO & CFO Taryn Rosekilly, Director of Investor Relations Website: www.asosplc.com/investors
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Tel: 020 7756 1000 |
Headland Consultancy Susanna Voyle/Stephen Malthouse
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Tel: 020 3805 4822 |
JPMorgan Cazenove (Nominated Advisor) Bill Hutchings/Will Vanderspar
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Tel: 020 7742 4000 |
Numis Securities Alex Ham/Jonathan Wilcox/Tom Jacob
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Tel: 020 7260 1000 |
Berenberg Michelle Wilson/Jen Clarke
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Tel: 020 3207 7800 |
Background note
ASOS is a destination for fashion-loving 20-somethings around the world, with a purpose to give its customers the confidence to be whoever they want to be. Through its market-leading app and mobile/desktop web experience, available in ten languages and in over 200 markets, ASOS customers can shop a curated edit of over 90,000 products, sourced from more than 850 of the best global and local third-party brands and its mix of fashion-led own-brand labels - ASOS Design, ASOS Edition, ASOS 4505, Collusion, Reclaimed Vintage, Topshop, Topman, Miss Selfridge and HIIT. ASOS aims to give all of its customers a truly frictionless experience, with an ever-greater number of different payment methods and hundreds of local deliveries and returns options, including Next-Day Delivery and Same-Day Delivery, dispatched from state-of-the-art fulfilment centres in the UK, US and Germany.