Option Amendment

RNS Number : 7199O

ASOS PLC

02 July 2010

 



2 July 2010

ASOS plc (the "Company")

 Option Amendment

On 16 January 2001, the Company entered into an unapproved option agreement ("the Option Agreement") with Lord Waheed Alli, a director of the Company and its Non-Executive Chairman. Further details of the Option Agreement are contained in the Company's AIM Admission Document dated 28 September 2001 and the Company's latest Annual Report, copies of which are available on the Company's website (http://www.asosplc.com).

The Company announces today that it has agreed an amendment to the Option Agreement such that the lapsing of the Option Agreement has been extended to expire on 1 January 2014. The remaining terms of the Option Agreement remain unchanged.

For further information:

ASOS plc

Nick Robertson, Chief Executive                        Tel: [phone]

Nick Beighton, Finance Director

College Hill

Matthew Smallwood / Justine Warren /

Jamie Ramsay                                                   Tel: [phone]

JPMorgan Cazenove

Luke Bordewich/ Gina Gibson                            Tel: [phone]

Numis Securities  

Alex Ham / Mark Lander                                  Tel: [phone]

 

END

 

 

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