1 June 2023
ASOS Plc
(the "Company")
Director/PDMR Shareholding
The Company announces that 10,159 Restricted Stock Units ("RSUs") granted under the ASOS plc Long Term Incentive Scheme ("ALTIS") to José Antonio Ramos Calamonte on 14 January 2022 vested on 31 May 2023. The RSUs were not subject to performance conditions but were subject to continuous employment and vested in full. 4,787 shares were sold to cover taxes and fees as set out below:
Name |
Position |
Total No. RSUs vested |
No. of Shares sold to cover taxes and fees |
No. of shares retained net of taxes and fees |
José Antonio Ramos Calamonte |
Chief Executive Officer |
10,159 |
4,787 |
5,372 |
Following the trade José Antonio Ramos Calamonte now holds a total of 24,322 Ordinary Shares in the Company representing approximately 0.02% of the Company's issued share capital.
This announcement 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 |
||
a) |
Name |
José Antonio Ramos Calamonte |
|
2 |
Reason for the notification |
||
a) |
Position/status |
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 |
Ordinary 3.5p shares.
GB0030927254 |
|
b) |
Nature of the transaction |
Acquisition of ordinary shares following the vesting of RSUs granted as nil-cost conditional awards under the ALTIS rules. |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
10,159 |
||
|
|||
e) |
Aggregated information - Aggregated volume
- Price
- Aggregated total |
N/A single transaction
|
|
f) |
Date of the transaction |
31 May 2023 |
|
g) |
Place of the transaction |
London Stock Exchange (XLON) |
|
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 |
Ordinary shares of 3.5 pence each
GB0030927254 |
|
b) |
Nature of the transaction |
Sale of sufficient ordinary shares to cover taxes and fees |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£3.518325 |
4,787 |
||
|
|||
e) |
Aggregated information - Aggregated volume
- Price
- Aggregated total |
4,787
£3.518325
£16,842.22
|
|
f) |
Date of the transaction |
31 May 2023 |
|
g) |
Place of the transaction |
London Stock Exchange (XLON) |
For further information:
ASOS Plc |
Tel: 020 7756 1000 |
Emma Whyte, General Counsel & Company Secretary Website: www.asosplc.com/investors |
|
Headland Consultancy |
Tel: 020 3805 4822 |
Susanna Voyle / Stephen Malthouse / Rob Walker |
|
|
|
JPMorgan Cazenove |
Tel: 020 7742 4000 |
Bill Hutchings / Will Vanderspar |
|
|
|
Numis Securities |
Tel: 020 7260 1000 |
Alex Ham / Jonathan Wilcox / Tom Jacob
Berenberg Matthew Armitt / Richard Bootle / Marie Moy |
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 app and mobile/desktop web experience, available in nine languages and in over 200 markets, ASOS customers can shop a curated edit of over 60,000 products, sourced from nearly 900 global and local third-party brands alongside a 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 return options, including Next-Day Delivery and Same-Day Delivery, dispatched from state-of-the-art fulfilment centres in the UK, US and Germany.