REG - ASOS PLC - Director/PDMR Shareholding

ASOSAnnouncement

23/11/2020 14:45

RNS Number : 2151G
  
ASOS PLC
  
23 November 2020
  
 

23 November 2020
ASOS Plc
(the "Company")
 
Director/PDMR Shareholding
 
On 20 November 2020, the following Directors were granted awards under the ASOS Plc Long-Term Incentive Scheme (the "ALTIS"). The awards were granted as nil-cost options over Ordinary Shares.  The awards will vest on 31 October 2023 and are subject to the achievement of performance conditions.
 



Director/PDMR


Number of shares




Nick Beighton - CEO


34,475




Mat Dunn - CFO 


25,633



 
This notification is made in accordance with Article 19 of the EU Market Abuse Regulation.
 



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


Conditional shares under the ASOS Long Term Incentive Scheme ("ALTIS"), subject to performance conditions measured over the period 1 September 2020 - 31 August 2023 as below:
35% EPS 
30% TSR
35% Revenue growth.
 
 GB0030927254




b)


Nature of the transaction


Award of conditional shares




c)


Currency


GBP




d)


Price(s) and volume(s)


Price(s)


Volume(s)




Nil


34,475










e)


Aggregated information
- Aggregated volume
- Price
- Aggregated total


 N/A single transaction
 




f)


Date of the transaction


 20 November 2020




g)


Place of the transaction


London Stock Exchange, AIM



 



1.


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Mat Dunn




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


Conditional shares under the ASOS Long Term Incentive Scheme ("ALTIS"), subject to performance conditions measured over the period 1 September 2020 - 31 August 2023 as below:
35% EPS
30% TSR
35% Revenue growth.
 
 GB0030927254




b)


Nature of the transaction


Award of conditional shares




c)


Currency


GBP




d)


Price(s) and volume(s)


Price(s)


Volume(s)




Nil


 25,633










e)


Aggregated information
- Aggregated volume
- Price
- Aggregated total


 N/A single transaction
 




f)


Date of the transaction


 20 November 2020




g)


Place of the transaction


London Stock Exchange, AIM
 



 
For further information:
 



ASOS Plc
Nick Beighton, Chief Executive Officer
Mat Dunn, Chief Financial Officer
Alison Lygo, Investor Relations
Website: www.asosplc.com/investors
 


Tel: 020 7756 1000




Headland Consultancy
Susanna Voyle / Stephen Malthouse / Fay Rajaratnam
 


Tel: 020 3805 4822




JPMorgan Cazenove
Bill Hutchings / Christopher Wood
           


Tel: 020 7742 4000




Numis Securities
Alex Ham / Luke Bordewich


Tel: 020 7260 1000



 
 
Background note
ASOS is an online retailer 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 85,000 products, sourced from 850 of the best global and local third-party brands and its mix of fashion-led in-house labels - ASOS Design, ASOS Edition, ASOS 4505 and Collusion. 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 and Same-Day Delivery, dispatched from state-of-the-art fulfilment centres in the UK, US and Germany.
 
ASOS's websites attracted 233.4m visits during August 2020 (August 2019: 187.4m) and as at 31 August 2020 had 23.4m active customers1 (31 August 2019: 20.3m), of which 7.1m were located in the UK and 16.3m were located in international territories (31 August 2019: 6.4m in the UK and 13.9m internationally).
 
1 Defined as having shopped in the last 12 months as at 31 August

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