Director/PDMR Shareholding

AO World

02/10/2025 13:23

RNS Number : 8664B

AO World plc

02 October 2025

 

AO World PLC

PDMR Notification

 

AO World PLC ("the Company") has, in accordance with the Company's remuneration policy, granted awards over a total of 4,299,788* ordinary shares to PDMRs and members of its senior management population under the terms of the AO Incentive Plan, which was approved by shareholders of the Company on 19 July 2018 as amended ("Plan") ("the 2025 AOIP Share Awards").

The 2025 AOIP Share Awards were granted to PDMRs on 2 October 2025 and will be released in July 2028, subject to the participants remaining in employment with the Company and the Remuneration Committee being satisfied with the underlying performance of the Company's business over the deferral period.

The following options were granted to PDMRs:

Name
Position
Maximum Number of shares under option granted under the 2025 AOIP Share Awards under the Plan
John Roberts
Chief Executive Officer
889,173
Mark Higgins
Group Chief Financial Officer and Chief Operating Officer
652,035

*The price used to calculate the maximum number of shares under the 2025 AOIP Share Awards was £0.9496, being the average closing price of the Company's shares on the main market of the London Stock Exchange on the five days following the release of the Company's preliminary announcement of its result for the year ended 31 March 2025.

In relation to John Roberts and Mark Higgins, both Executive Directors of the Company, the value of the grants detailed above are disclosed in the Company's Annual Report and Accounts for the year ended 31 March 2025, which was published on 3 July 2025.

The notifications below, made under article 19.1 of the Market Abuse Regulation ("MAR"), relate to the transactions listed above.  This announcement is made in accordance with Article 19.3 of MAR.

Enquiries:

AO World PLC

cosec@ao.com

 

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
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
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
Options over Ordinary shares of 0.25p each
b)
Nature of the transaction
Grant of share awards under the AO Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
NIL
889,173
d)
Aggregated information
- Aggregated volume
- Price
N/A Single Transaction
NIL
e)
Date of the transaction
2 October 2025
f)
Place of the transaction
Outside a trading venue

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Mark Higgins
2
Reason for the notification
a)
Position/status
PDMR - Group 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
Options over Ordinary shares of 0.25p each
b)
Nature of the transaction
Grant of share awards under the AO Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
NIL
652,035
d)
Aggregated information
- Aggregated volume
- Price
N/A Single Transaction
NIL
e)
Date of the transaction
2 October 2025
f)
Place of the transaction
Outside a trading venue

 

 

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