REG - AO World plc - Director/PDMR Shareholding <Origin Href="QuoteRef">AO.L</Origin>

AO WorldAnnouncement

23/01/2018 12:45

RNS Number : 6825C
AO World plc
23 January 2018
AO World plc
Director/PDMR Notification
AO World plc ("the Company") announces that it has been notified that four of its persons discharging managerial responsibility ("PDMRs") have cancelled their participation in the Company's previous all-employee HMRC approved Save As You Earn schemes ("Sharesave Schemes"), thereby cancelling their options to purchase ordinary shares of 0.25p each. The PDMRs cancelled their participation in previous Sharesave Schemes in order to apply for the maximum saving amount permissible in the Company's 2018 Sharesave Scheme.
The details are set out below:
Name of Director / PDMR
Date of grant
Number of shares under option
Price payable per share on exercise (p)
Date of cancellation
John Roberts
27 January 2017
12,080
149p
5 January 2018
Steve Caunce
29 January 2016
14,400
125p
19 January 2018
David Ashwell
29 January 2016
14,400
125p
2 January 2018
Daniel Emmett
29 January 2016
14,400
125p
2 January 2018
Enquiries:
AO World plc
Julie Finnemore
Company Secretary 
Tel: +44(0)1204 672400
Tulchan Communications 
Susanna Voyle
Michelle Clarke
Tel: +44(0) 20 7353 4200
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
John Roberts
2
Reason for the notification
a)
Position/status
Founder, 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 
AO World PLC
b)
LEI
2138005FFOAJIUZY4375
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
Option over ordinary shares of 0.25p each in AO World plc
GB00BJTNFH41
b) 
Nature of the transaction
Cancelled participation in the 2017 offer under the Company's all-employee HMRC approved Save As You Earn scheme and discontinued his monthly contributions, resulting in the lapse of the option originally granted to him on 27 January 2017 with an exercise price of 149p
c) 
Price(s) and volume(s)
Price(s)
Volume(s)
149 pence
12,080
d)
Aggregated information
- Aggregated volume
- Price
N/A
N/A
e)
Date of the transaction
5 January 2018
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Steve Caunce
2
Reason for the notification
a)
Position/status
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 
AO World PLC
b)
LEI
2138005FFOAJIUZY4375
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
Option over ordinary shares of 0.25p each in AO World plc
GB00BJTNFH41
b) 
Nature of the transaction
Cancelled participation in the 2016 offer under the Company's all-employee HMRC approved Save As You Earn scheme and discontinued his monthly contributions, resulting in the lapse of the option originally granted to him on 29 January 2016 with an exercise price of 125p
c) 
Price(s) and volume(s)
Price(s)
Volume(s)
125 pence
14,400
d)
Aggregated information
- Aggregated volume
- Price
N/A
N/A
e)
Date of the transaction
19 January 2018
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
David Ashwell
2
Reason for the notification
a)
Position/status
MD Logistics
b)
Initial notification/Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name 
AO World PLC
b)
LEI
2138005FFOAJIUZY4375
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
Option over ordinary shares of 0.25p each in AO World plc
GB00BJTNFH41
b) 
Nature of the transaction
Cancelled participation in the 2016 offer under the Company's all-employee HMRC approved Save As You Earn scheme and discontinued his monthly contributions, resulting in the lapse of the option originally granted to him on 29 January 2016 with an exercise price of 125p
c) 
Price(s) and volume(s)
Price(s)
Volume(s)
125 pence
14,400
d)
Aggregated information
- Aggregated volume
- Price
N/A
N/A
e)
Date of the transaction
2 January 2018
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Daniel Emmett
2
Reason for the notification
a)
Position/status
MD AO Services
b)
Initial notification/Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name 
AO World PLC
b)
LEI
2138005FFOAJIUZY4375
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
Option over ordinary shares of 0.25p each in AO World plc
GB00BJTNFH41
b) 
Nature of the transaction
Cancelled participation in the 2016 offer under the Company's all-employee HMRC approved Save As You Earn scheme and discontinued his monthly contributions, resulting in the lapse of the option originally granted to him on 29 January 2016 with an exercise price of 125p
c) 
Price(s) and volume(s)
Price(s)
Volume(s)
125 pence
14,400
d)
Aggregated information
- Aggregated volume
- Price
N/A
N/A
e)
Date of the transaction
2 January 2018
f)
Place of the transaction
Outside a trading venue

This information is provided by RNS
The company news service from the London Stock Exchange
  END
DSHPGUWCGUPRGPW