Director/PDMR Shareholding

AO World

04/07/2025 14:35

RNS Number : 8619P

AO World plc

04 July 2025

 

This announcement may contain inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR. Upon the publication of this announcement via the Regulatory Information Service, any inside information will be considered to be in the public domain.

 

 

For immediate release

 

AO World plc (the "Company")

Director / PDMR Shareholding

 

AO World plc announces that it received notification on 3 July 2025 that the following transactions have been executed by the Company's persons discharging managerial responsibilities (PDMRs) or persons closely associated (PCA):

PDMR/PCA
Date of sale
Number of shares sold
Consideration per share
Aggregate Consideration
Resultant Beneficial Holding
Resultant Beneficial % holding
Shares under option capable of vesting
Mark Higgins
(PDMR)
3 July 2025
147,090
96.0000p
£141,206.40
117,976
0.02
672,181
Sally Roberts*
(PCA)
3 July 2025
2,000,000
96.6100p
£1,932,200.00
Nil
Nil
n/a
The Jolly Foundation
(PCA)
3 July 2025
500,000
96.6060p
£483,030.00
3,547,115
0.61
n/a

 

*The beneficial holding for Sally Roberts excludes 3,547,115 Ordinary Shares held by the Jolly Foundation, of which Sally Roberts is a director and trustee

 

Further to the Company's announcement on 2 July 2025 regarding market purchases to be made by Apex Financial Services (Trust Company) Limited (the "Trustee"), as Trustee of the AO World Employee Benefit Trust (the "EBT"), the purchaser of the shares referenced above is the EBT.

 

The Notification of Dealing Forms provided in accordance with the requirements of MAR in relation to the transactions listed above are set out below.

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
Mark Higgins
2
Reason for the notification
a)
Position/status
Chief Financial Officer and Chief Operating 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
Ordinary shares of 0.25p each
GB00BJTNFH41
b)
Nature of the transaction
Sale
c)
Price(s) and volume(s)
Price(s)
Volume(s)
96.0000p
147,090
d)
Aggregated information
- Aggregated volume
- Price
As above
e)
Date of the transaction
3 July 2025
f)
Place of the transaction
London Stock Exchange (XLON)

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Sally Roberts
2
Reason for the notification
a)
Position/status
PCA with John Roberts (PDMR, Director and CEO)
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
Ordinary shares of 0.25p each
GB00BJTNFH41
b)
Nature of the transaction
Sale
c)
Price(s) and volume(s)
Price(s)
Volume(s)
96.6100p
2,000,000
d)
Aggregated information
- Aggregated volume
- Price
As above
e)
Date of the transaction
3 July 2025
f)
Place of the transaction
London Stock Exchange (XLON)

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
The Jolly Foundation
2
Reason for the notification
a)
Position/status
PCA with John Roberts (PDMR, Director and CEO)
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
Ordinary shares of 0.25p each
GB00BJTNFH41
b)
Nature of the transaction
Sale
c)
Price(s) and volume(s)
Price(s)
Volume(s)
96.6060p
500,000
d)
Aggregated information
- Aggregated volume
- Price
As above
e)
Date of the transaction
3 July 2025
f)
Place of the transaction
London Stock Exchange (XLON)

 

 

Enquiries:

AO World plc

Company Secretary

cosec@ao.com

 

 

 

 

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