TIDMASC

RNS Number : 5986T

ASOS PLC

25 November 2021

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 
 a)    Name                                      Mat 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                            Conditional shares under the ASOS Long 
        the financial                             Term Incentive Scheme ("ALTIS"), subject 
        instrument, type                          to performance conditions measured over 
        of instrument                             the period 1 September 2021 - 31 August 
                                                  2024 as below: 
                                                  25% TSR 
                                                  30% EPS 
                                                  30% Revenue growth 
                                                  15% ESG 
        Identification 
        code                                      GB0030927254 
      ----------------------------------------  --------------------------------------------- 
 b)    Nature of the                             Award of conditional shares 
        transaction 
      ----------------------------------------  --------------------------------------------- 
 c)    Currency                                  GBP 
      ----------------------------------------  --------------------------------------------- 
 d)    Price(s) and                                    Price(s)               Volume(s) 
        volume(s) 
      ----------------------------------------  ---------------------  ---------------------- 
   Nil                                                                   48,791 
  -------------------------------------------------------------------  ---------------------- 
 
 e)    Aggregated information                     N/A single transaction 
        - Aggregated 
        volume 
        - Price 
        - Aggregated 
        total 
      ----------------------------------------  --------------------------------------------- 
 f)    Date of the transaction                    23 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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END

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November 25, 2021 04:30 ET (09:30 GMT)

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