Picture of ASOS logo

ASC ASOS News Story

0.000.00%
gb flag iconLast trade - 00:00
Consumer CyclicalsSpeculativeMid CapValue Trap

REG - ASOS PLC - Director/PDMR Shareholding

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220624:nRSX1110Qa&default-theme=true

RNS Number : 1110Q  ASOS PLC  24 June 2022

24 June 2022

ASOS Plc

(the "Company")

 

Director/PDMR Shareholding

 

On 23 June 2022, José Antonio Ramos Calamonte, Chief Executive 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                                                         José Antonio Ramos Calamonte
 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                                                         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  Ordinary Shares of 3.5 pence each

     Identification code

                                                                  GB0030927254
 b)  Nature of the transaction                                    Award of 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
 c)  Currency                                                     GBP
 d)  Price(s) and volume(s)                                       Price(s)                               Volume(s)
     Nil                                                                                                 20,612
 e)  Aggregated information                                       N/A single transaction

     - Aggregated volume

     - Price

     - Aggregated total
 f)  Date of the transaction                                      23 June 2022
 g)  Place of the transaction                                     London Stock Exchange

 

For further information:

 ASOS Plc                                                             Tel: 020 7756 1000
 José Antonio Ramos Calamonte, Chief Executive Officer

 Mathew Dunn, Chief Operating Officer & Chief Financial Officer

 Taryn Rosekilly, Director of Investor Relations

 Website: www.asosplc.com/investor-relations
 (http://www.asosplc.com/investor-relations)

 Headland Consultancy                                                 Tel: 020 3805 4822
 Susanna Voyle / Stephen Malthouse

 JPMorgan 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 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 app and mobile/desktop web experience, available in ten languages
and in over 200 markets, ASOS customers can shop a curated edit of over
100,000 products, sourced from nearly 900 global and local third-party brands
alongside a 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
delivery and return options, including Next-Day Delivery and Same-Day
Delivery, dispatched from state-of-the-art fulfilment centres in the UK, US
and Germany.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHFIFETRLISFIF

Recent news on ASOS

See all news