13 November 2024
ASOS Plc
(the "Company")
Director/PDMR
Shareholding
On 11 November 2024, José Antonio
Ramos Calamonte, Chief Executive Officer, and Dave Murray, Chief
Financial Officer (the "Executive Directors"), were granted awards
in respect of ordinary shares of 3.5 pence each in the Company
under the ASOS Plc Value Creation Plan ("VCP").
The VCP was approved by shareholders
at the Company's General Meeting held on 20 August 2024.
The terms of the VCP, including its
related timelines and pool value calculation basis, are as
summarised in the associated Notice of General Meeting dated 2
August 2024 ("Notice"). A copy of that Notice is available to
download at www.asosplc.com.
The awards granted under the VCP to
the Executive Directors match the terms and levels of participation
envisaged in the Notice which, in summary, provide an opportunity
to receive (in ASOS Plc shares) 15 percent. (for José Antonio Ramos
Calamonte) and 8 percent. (for Dave Murray) of the growth in value
above £6.70 of 5.5% of the issued share capital of the
Company.
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).
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1.
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Details of the
person discharging managerial responsibilities/person closely
associated
|
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a)
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Name
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José Antonio Ramos Calamonte
|
|
2
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Reason for the
notification
|
|
a)
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Position/status
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Chief Executive Officer / PDMR
|
|
b)
|
Initial notification / Amendment
|
Initial notification
|
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3
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Details of the
issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor
|
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a)
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Name
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ASOS Plc
|
|
b)
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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
|
3.5p ordinary shares
GB0030927254
|
|
b)
|
Nature of the transaction
|
Grant of a nil-cost option award under the ASOS
Plc Value Creation Plan. To the extent vested, the award may be
exercised in full or in part subject to the rules of the
VCP.
|
|
c)
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Currency
|
GBP
|
|
d)
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Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
Nil
|
N/A*
|
|
*The number
of ASOS Plc ordinary shares that may ultimately be acquired will be
as determined at time of exercise and reported at such
time.
|
|
e)
|
Aggregated information
- Aggregated volume
- Price
- Aggregated total
|
N/A single transaction
|
|
f)
|
Date of the transaction
|
11 November 2024
|
|
g)
|
Place of the transaction
|
Outside a trading venue
|
|
1.
|
Details of the
person discharging managerial responsibilities/person closely
associated
|
|
a)
|
Name
|
Dave Murray
|
|
2
|
Reason for the
notification
|
|
a)
|
Position/status
|
Chief Financial Officer / PDMR
|
|
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
|
3.5p ordinary shares
GB0030927254
|
|
b)
|
Nature of the transaction
|
Grant of a nil-cost option award under the ASOS
Plc Value Creation Plan. To the extent vested, the award may be
exercised in full or in part subject to the rules of the
VCP.
|
|
c)
|
Currency
|
GBP
|
|
d)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
Nil
|
N/A*
|
|
*The number
of ASOS Plc ordinary shares that may ultimately be acquired will be
as determined at time of exercise and reported at such
time.
|
|
e)
|
Aggregated information
- Aggregated volume
- Price
- Aggregated total
|
N/A single transaction
|
|
f)
|
Date of the transaction
|
11 November 2024
|
|
g)
|
Place of the transaction
|
Outside a trading venue
|
For
further information:
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Investors:
|
|
|
Emily MacLeod, ASOS Head of Strategy
and Investor Relations
|
Tel: 020 7756 1000
|
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Media:
|
|
|
Jonathan Sibun / Will Palfreyman,
Teneo
|
Tel: 020 7353 4200
|
|
|
|
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 nearly 50,000 products, sourced from over 600
global and local third-party brands alongside a mix of fashion-led
own brand labels - including ASOS Design, ASOS Edition, ASOS 4505,
Collusion, Reclaimed Vintage, Topshop, Topman, and Miss Selfridge.
ASOS aims to give all its customers a truly frictionless
experience, with an ever-greater number of different payment
methods and hundreds of local deliveries and return options,
dispatched from state-of-the-art fulfilment centres in the UK,
US, and Germany.