REG - ASOS PLC - Director/PDMR Shareholding

ASOSAnnouncement

17/04/2019 12:20

RNS Number : 5162W
ASOS PLC
17 April 2019
 


17 April 2019
 
ASOS Plc
(the "Company")
Director/PDMR Shareholding
 
ASOS Plc ("the Company") announces that Nicholas Robertson, Non-Executive Director, sold 410,000 Ordinary Shares of 3.5 pence each in the capital of the Company ("Shares") on Tuesday 16 April 2019 at an average price of £37.225 per share.
 
Following this transaction, Mr Robertson holds 4,636,414 Shares in the Company, representing 5.53% of the Company's issued share capital.
As a result of this, the number of Shares Mr Robertson has pledged in favour of the margin loan facility with Credit Suisse (UK) has reduced to 4,636,414, representing 5.53% of the Company's issued share capital.
This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014. 



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


 Nicholas Robertson




2


Reason for the notification




a)


Position/status


 Non-Executive Director




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 Shares of 3.5 pence each
 
 
 
GB0030927254




b)


Nature of the transaction


Sale of Shares




c)


Currency


GBP




d)


Price(s) and volume(s)


Price(s)


Volume(s)




£37.225


410,000










e)


Aggregated information
- Aggregated volume
- Price
- Aggregated total


 N/A single transaction
 




f)


Date of the transaction


Tuesday 16 April 2019




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


Reduction of grant of security over shares




c)


Currency


GBP




d)


Price(s) and volume(s)


Price(s)


Volume(s)




Nil


410,000










e)


Aggregated information
- Aggregated volume
- Price
- Aggregated total


 N/A - Single transaction
 




f)


Date of the transaction


Tuesday 16 April 2019




g)


Place of the transaction


Outside a trading venue



 
For further information:
 
 



ASOS Plc 
Nick Beighton, Chief Executive Officer

Greg Feehely, Director of Investor Relations
Alison Lygo, Investor Relations Manager
Website: www.asosplc.com/investors
 


Tel: 020 7756 1000




Instinctif Partners
Matthew Smallwood / Justine Warren / Tom Berger
 


Tel: 020 7457 2020




JPMorgan Cazenove 
Michael Wentworth-Stanley / Bill Hutchings / Caroline Thomlinson
 


Tel: 020 7742 4000




Numis Securities
Alex Ham / Luke Bordewich / Tom Ballard


Tel: 020 7260 1000



 
LEI number: 213800H8DBB8JSKDW630
 
Background note
 
ASOS is a global fashion destination for 20-somethings, selling all the freshest styles complemented by exclusive content, making ASOS.com the hub of a thriving fashion community and giving our audience the confidence to be whoever they want to be. ASOS sells over 85,000 branded and ASOS Brand products through localised app and mobile/desktop web experiences, delivering from fulfilment centres in the UK, US and Europe. ASOS curates a mix of our in-house designed labels, ASOS DESIGN, ASOS EDITION, ASOS WHITE, ASOS 4505 and Collusion with global and local brands sold through our own channels to deliver a locally relevant offer. Our ground-breaking propositions help bring our amazing products to almost every country in the world and we serve customers globally with increasingly tailored local experiences: relevant languages, payment methods and delivery and return options. You can currently shop ASOS in over 200 markets, in eight languages, using an ever greater number of different payment methods, with hundreds of local deliveries and returns options from pick up and drop off networks to Next-Day Delivery. We aim to give all our global customers a truly frictionless experience.
 
 
 
 




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