TIDMASC

RNS Number : 2104R

ASOS PLC

03 November 2021

3 November 2021

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 2018 to 31 August 2021, the Company announces the following transactions 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).

After these transactions, Mathew Dunn, Chief Operating Officer & Chief Financial Officer, has an interest in 20,644 ordinary ASOS Plc shares.

 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 a)    Name                                      Mathew Dunn 
      ---------------------------------------  ------------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------------------ 
 a)    Position/status                           Chief Operating Officer & Chief Financial 
                                                  Officer 
      ---------------------------------------  ------------------------------------------------- 
 b)    Initial notification                      Initial notification 
        / Amendment 
      ---------------------------------------  ------------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------------------ 
 a)    Name                                      ASOS Plc 
      ---------------------------------------  ------------------------------------------------- 
 b)    Legal Entity                              213800H8DBB8JSKDW630 
        Identifier 
      ---------------------------------------  ------------------------------------------------- 
 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                           Ordinary 3.5p shares. 
        the financial 
        instrument, type 
        of instrument 
                                                 GB0030927254 
        Identification 
        code 
      ---------------------------------------  ------------------------------------------------- 
 b)    Nature of the                            Acquisition of ordinary shares, following 
        transaction                              vesting under the ASOS ALTIS award, of 
                                                 conditional shares at nil cost, measured 
                                                 over the period 1 September 2018 - 31 August 
                                                 2021. 
      ---------------------------------------  ------------------------------------------------- 
 c)    Currency                                 GBP 
      ---------------------------------------  ------------------------------------------------- 
 d)    Price(s) and                                     Price(s)                 Volume(s) 
        volume(s) 
      ---------------------------------------  -------------------------  ---------------------- 
   Nil                                                                     8,463 
  ----------------------------------------------------------------------  ---------------------- 
 
 e)    Aggregated information                   N/A single transaction 
        - Aggregated 
        volume 
 
        - Price 
 
        - Aggregated 
        total 
      ---------------------------------------  ------------------------------------------------- 
 f)    Date of the transaction                   1 November 2021 
      ---------------------------------------  ------------------------------------------------- 
 g)    Place of the                             London Stock Exchange, AIM 
        transaction 
      ---------------------------------------  ------------------------------------------------- 
 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                           Ordinary shares of 3.5 pence each 
        the financial 
        instrument, type 
        of instrument 
                                                 GB0030927254 
        Identification 
        code 
      ---------------------------------------  ------------------------------------------------- 
 b)    Nature of the                            Sale of sufficient ordinary shares to meet 
        transaction                              tax and national insurance liabilities 
                                                 as a condition of the ALTIS vesting 
      ---------------------------------------  ------------------------------------------------- 
 c)    Currency                                 GBP 
      ---------------------------------------  ------------------------------------------------- 
 d)    Price(s) and                                     Price(s)                 Volume(s) 
        volume(s) 
      ---------------------------------------  -------------------------  ---------------------- 
    GBP24.79                                                                3,988 
  ----------------------------------------------------------------------  ---------------------- 
 
 e)    Aggregated information 
        - Aggregated                              N/A one transaction 
        volume 
 
        - Price 
 
        - Aggregated 
        total 
      ---------------------------------------  ------------------------------------------------- 
 f)    Date of the transaction                  1 November 2021 
      ---------------------------------------  ------------------------------------------------- 
 g)    Place of the                             London Stock Exchange, AIM 
        transaction 
      ---------------------------------------  ------------------------------------------------- 
 

For further information:

 
 ASOS Plc                              Tel: 020 7756 1000 
  Mathew Dunn, COO & CFO 
  Taryn Rosekilly, Director of 
  Investor Relations 
  Website: www.asosplc.com/investors 
 Headland Consultancy                  Tel: 020 3805 4822 
  Susanna Voyle/Stephen Malthouse 
 JPMorgan Cazenove (Nominated          Tel: 020 7742 4000 
  Advisor) 
  Bill Hutchings/Will Vanderspar 
 Numis Securities                      Tel: 020 7260 1000 
  Alex Ham/Jonathan Wilcox/Tom 
  Jacob 
 Berenberg                             Tel: 020 3207 7800 
  Michelle Wilson/Jen Clarke 
 

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.

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November 03, 2021 05:50 ET (09:50 GMT)

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