REG - ASOS PLC - AIM Delisting and Admission to Main Market

ASOSAnnouncement

21/02/2022 09:30

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RNS Number : 2740C  ASOS PLC  21 February 2022

21 February 2022

 

 

ASOS Plc

("ASOS" or the "Company")

 

AIM Delisting and Admission to the Premium Listing Segment of Main Market

 

 

ASOS is pleased to announce that its ordinary shares (the "Ordinary Shares")
will be admitted tomorrow, 22 February 2022, to the premium listing segment of
the Official List of the Financial Conduct Authority (the "FCA") and to
trading on the main market for listed securities (the "Main Market") of London
Stock Exchange plc (together, "Admission").

 

As announced on 18 February 2022, the last day of trading of the Company's
Ordinary Shares on AIM will be today, 21 February 2022 and the Ordinary Shares
will be delisted from AIM with effect from 7.00 a.m. tomorrow, 22 February
2022. The Ordinary Shares will be admitted to the premium segment of the
Official List and to trading on the Main Market from 8.00 a.m. on 22 February
2022.

 

The Company is not offering any new Ordinary Shares nor any other securities
in connection with Admission. Following Admission, the Company's Ordinary
Shares will continue to be registered with their existing ISIN of:
GB0030927254. The Company's ticker symbol will continue to be ASC.

 

The Company's shareholders should consult their own tax advisers as to the tax
implications of the Company's proposed move to the Main Market.

 

For further information:

 

 ASOS Plc                                                             Tel: 020 7756 1000

 Mathew Dunn, Chief Operating Officer & Chief Financial Officer

 Taryn Rosekilly, Director of Investor Relations

 Website: http://www.asosplc.com/investor-relations
 (http://www.asosplc.com/investor-relations)
 Headland Consultancy                                                 Tel: 020 3805 4822

 Susanna Voyle/Stephen Malthouse
 J.P. Morgan Cazenove                                                 Tel: 020 7742 4000

 Bill Hutchings/Will Vanderspar
 Numis Securities                                                     Tel: 020 7260 1000

 Alex Ham/Jonathan Wilcox/Tom Jacob
 Berenberg                                                            Tel: 020 3207 7800

 Michelle Wilson/Jen Clarke

 

 

Background note

 

ASOS is an online destination for fashion-loving 20-somethings around the
world. ASOS' vision is to be the go-to destination for such fashion-loving
20-somethings. Through ASOS' mobile app and web experience, customers can shop
a curated edit of approximately 90,000 products, sourced from nearly 900
global and local partner brands, alongside a mix of fashion-led in-house
labels including Topshop, Topman, Miss Selfridge, HIIT, ASOS DESIGN, ASOS
EDITION, ASOS 4505, Collusion and Reclaimed Vintage.

 

Important information

This announcement may include statements that are, or may be deemed to be,
"forward-looking statements" (including words such as "believe", "expect",
"estimate", "intend", "anticipate" and words of similar meaning). By their
nature, forward-looking statements involve risk and uncertainty since they
relate to future events and circumstances, and actual results may, and often
do, differ materially from any forward-looking statements. Any forward-looking
statements in this announcement reflect management's view with respect to
future events as at the date of this announcement. Save as required by
applicable law, the Company undertakes no obligation to publicly revise any
forward-looking statements in this announcement, whether following any change
in its expectations or to reflect events or circumstances after the date of
this announcement.

 

This announcement does not constitute an offer to sell, or the solicitation of
an offer to acquire or subscribe for, shares in the Company in any
jurisdiction. The distribution of this announcement outside the UK may be
restricted by law. No action has been taken by the Company that would permit
possession of this announcement in any jurisdiction outside the UK where
action for that purpose is required. Persons outside the UK who come into
possession of this announcement should inform themselves about the
distribution of this announcement in their particular jurisdiction.

 

The Company's ordinary shares have not been, and will not be, registered under
the US Securities Act of 1933, as amended (the "US Securities Act"), or under
the securities laws of any state or other jurisdiction of the United States.
The ordinary shares may not be offered, sold, resold, transferred or
delivered, directly or indirectly, within the United States, except pursuant
to an exemption from, or in a transaction not subject to, the registration
requirements of the US Securities Act and in compliance with any applicable
securities laws of any state or other jurisdiction in the United States.

 

J.P. Morgan Securities plc (which conducts its UK investment banking
activities as J.P. Morgan Cazenove) ("J.P. Morgan"), which is authorised by
the Prudential Regulatory Authority (the "PRA") and regulated in the United
Kingdom by the PRA and the FCA, is acting exclusively for the Company and no
one else in connection with Admission and it will not regard any other person
as a client in relation to Admission and will not be responsible to anyone
other than the Company for providing the protections afforded to its clients
or for providing advice in relation to Admission or any other transaction,
matter, or arrangement referred to in this announcement.

 

This announcement has been issued by, and is the sole responsibility of, the
Company. No representation or warranty, express or implied, is or will be made
as to, or in relation to, and no responsibility or liability is or will be
accepted by J.P. Morgan or by any of its affiliates, directors, officers,
employees, advisers or agents as to or in relation to, the accuracy or
completeness of this announcement or any other written or oral information
made available to or publicly available to any interested party or its
advisers, and any liability therefore is expressly disclaimed.

 

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