REG - ASOS PLC - Director/PDMR Shareholding

ASOSAnnouncement

25/11/2021 09:35

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RNS Number : 5986T  ASOS PLC  25 November 2021

25 November 2021

ASOS Plc

(the "Company")

 

Director/PDMR Shareholding

 

On 23 November 2021, Mat Dunn, Chief Operating Officer and Chief Financial
Officer was granted an award under the ASOS Plc Long-Term Incentive Scheme
(the "ALTIS"). The award was granted as nil-cost options over Ordinary
Shares.  The award will vest on 31 October 2024 and is subject to the
achievement of performance conditions.

 

This notification is made in accordance with UK Market Abuse Regulations
(Regulation (EU) 596/2014, as it forms part of domestic law by virtue of the
European Union (Withdrawal) Act 2018).

 

 1.  Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Mat Dunn
 2   Reason for the notification
 a)  Position/status                                              Chief Operating Officer & 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  Conditional shares under the ASOS Long Term Incentive Scheme ("ALTIS"),

                                                            subject to performance conditions measured over the period 1 September 2021 -
                                                                  31 August 2024 as below:

                                                                  25% TSR

                                                                  30% EPS

                                                                  30% Revenue growth

                                                                  15% ESG

     Identification code

                                                                   GB0030927254
 b)  Nature of the transaction                                    Award of conditional shares
 c)  Currency                                                     GBP
 d)  Price(s) and volume(s)                                       Price(s)                                  Volume(s)
     Nil                                                                                                     48,791

 e)  Aggregated information                                        N/A single transaction

     - Aggregated volume

     - Price

     - Aggregated total
 f)  Date of the transaction                                       23 November 2021
 g)  Place of the transaction                                     London Stock Exchange, AIM

 

 For further information:

 

 ASOS Plc                                                 Tel: 020 7756 1000

 Mathew Dunn, COO & CFO

 Taryn Rosekilly, Director of Investor Relations

 Website: www.asosplc.com/investors

 Headland Consultancy                                     Tel: 020 3805 4822

 Susanna Voyle/Stephen Malthouse

 JPMorgan Cazenove (Nominated Advisor)                    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 a destination 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 over 90,000 products, sourced from more than 850 of the best global and
local third-party brands and its mix of fashion-led own-brand labels - ASOS
Design, ASOS Edition, ASOS 4505, Collusion, Reclaimed Vintage, Topshop,
Topman, Miss Selfridge and HIIT. 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 Delivery and Same-Day Delivery, dispatched from
state-of-the-art fulfilment centres in the UK, US and Germany.

 

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