Director/PDMR Shareholding

RNS Number : 4274V

ASOS PLC

02 November 2017

 

ASOS Plc

(the "Company")

Director/PDMR Shareholding

Following vesting of the ASOS Plc Long-Term Incentive Scheme (the "ALTIS), measured over the performance period 1 September 2014 - 31 August 2017, the Company announces the following transactions in accordance with Article 19 of the EU Market Abuse Regulation.  Further to the initial notification of this ALTIS award on 16 January 2015, the vesting is over conditional shares at nil cost, not options.

After these transactions, Nick Beighton, Chief Executive Officer has an interest in 150,503 ordinary ASOS Plc shares.  Helen Ashton, Chief Financial Officer has an interest in 5,221 ordinary ASOS Plc shares.

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	Ordinary 3.5p shares. GB0030927254
b)	Nature of the transaction	Acquisition of ordinary shares, following vesting under the ASOS ALTIS award made on 16 January 2015, of conditional shares at nil cost, measured over the period 1 September 2014 - 31 August 2017.
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	33,614
e)	Aggregated information - Aggregated volume - Price - Aggregated total	N/A single transaction
f)	Date of the transaction	31 October - 1 November 2017
g)	Place of the transaction	London Stock Exchange, AIM
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 all acquired ordinary shares following vesting, including sale of sufficient ordinary shares to meet tax and national insurance liabilities as a condition of the ALTIS vesting.
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		£56.8403	33,614
e)	Aggregated information - Aggregated volume - Price - Aggregated total	33,614 £56.8403 £1,910,629
f)	Date of the transaction	31 October - 1 November 2017
g)	Place of the transaction	London Stock Exchange, AIM

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Helen Ashton
2	Reason for the notification
a)	Position/status	PDMR - Chief Financial 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 vesting under the ALTIS award made on 16 January 2015, of conditional shares at nil cost, measured over the period 1 September 2014 - 31 August 2017.
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	11,302
e)	Aggregated information - Aggregated volume - Price - Aggregated total	N/A single transaction
f)	Date of the transaction	31 October - 1 November 2017
g)	Place of the transaction	London Stock Exchange, AIM
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 meet tax and national insurance liabilities as a condition of the ALTIS vesting.
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		£56.8403	6,081
e)	Aggregated information - Aggregated volume - Price - Aggregated total	6,081 £56.8403 £345,645.8643
f)	Date of the transaction	31 October - 1 November 2017
g)	Place of the transaction	London Stock Exchange, AIM

For further information:

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

Background note

ASOS is a global fashion destination for 20-somethings, selling cutting-edge fashion and offering a wide variety of fashion-related content, making ASOS.com the hub of a thriving fashion community. ASOS sells over 85,000 branded and own-label products through localised mobile and web experiences, delivering from fulfilment centres in the UK, US and Europe to almost every country in the world.

ASOS tailors the mix of own-label, global and local brands sold through each of eight local language websites: UK, US, France, Germany, Spain, Italy, Australia and Russia.

ASOS's websites attracted 135.7m visits during August 2017 (August 2016: 117.5m) and as at 31 August 2017 had 15.4m active customers¹ (31 August 2016: 12.4m), of which 5.2m were located in the UK and 10.2m were located in international territories (31 August 2016: 4.7m in the UK and 7.7m internationally).

¹ Defined as having shopped in the last twelve months as at 31 August 2017

 

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