REG - ASOS PLC - Director/PDMR Shareholding

AsosAnnouncement

13/11/2024 11:45

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RNS Number : 1142M  ASOS PLC  13 November 2024

13 November 2024

ASOS Plc

(the "Company")

 

Director/PDMR Shareholding

 

On 11 November 2024, José Antonio Ramos Calamonte, Chief Executive Officer,
and Dave Murray, Chief Financial Officer (the "Executive Directors"), were
granted awards in respect of ordinary shares of 3.5 pence each in the Company
under the ASOS Plc Value Creation Plan ("VCP").

 

The VCP was approved by shareholders at the Company's General Meeting held on
20 August 2024.

 

The terms of the VCP, including its related timelines and pool value
calculation basis, are as summarised in the associated Notice of General
Meeting dated 2 August 2024 ("Notice"). A copy of that Notice is available to
download at www.asosplc.com (http://www.asosplc.com) .

 

The awards granted under the VCP to the Executive Directors match the terms
and levels of participation envisaged in the Notice which, in summary, provide
an opportunity to receive (in ASOS Plc shares) 15 percent. (for José Antonio
Ramos Calamonte) and 8 percent. (for Dave Murray) of the growth in value above
£6.70 of 5.5% of the issued share capital of the Company.

 

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 / PDMR
 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  3.5p ordinary shares

     Identification code

                                                                  GB0030927254
 b)  Nature of the transaction                                    Grant of a nil-cost option award under the ASOS Plc Value Creation Plan. To
                                                                  the extent vested, the award may be exercised in full or in part subject to
                                                                  the rules of the VCP.
 c)  Currency                                                     GBP
 d)  Price(s) and volume(s)                                       Price(s)                                 Volume(s)
     Nil                                                                                                   N/A*
                                                                  *The number of ASOS Plc ordinary shares that may ultimately be acquired will
                                                                  be as determined at time of exercise and reported at such time.
 e)  Aggregated information                                        N/A single transaction

     - Aggregated volume

     - Price

     - Aggregated total
 f)  Date of the transaction                                      11 November 2024
 g)  Place of the transaction                                     Outside a trading venue

 

 

 1.  Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Dave Murray
 2   Reason for the notification
 a)  Position/status                                              Chief Financial Officer / PDMR
 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  3.5p ordinary shares

     Identification code

                                                                  GB0030927254
 b)  Nature of the transaction                                    Grant of a nil-cost option award under the ASOS Plc Value Creation Plan. To
                                                                  the extent vested, the award may be exercised in full or in part subject to
                                                                  the rules of the VCP.
 c)  Currency                                                     GBP
 d)  Price(s) and volume(s)                                       Price(s)                                 Volume(s)
     Nil                                                                                                   N/A*
                                                                  *The number of ASOS Plc ordinary shares that may ultimately be acquired will
                                                                  be as determined at time of exercise and reported at such time.
 e)  Aggregated information                                        N/A single transaction

     - Aggregated volume

     - Price

     - Aggregated total
 f)  Date of the transaction                                      11 November 2024
 g)  Place of the transaction                                     Outside a trading venue

 

 

For further information:

 Investors:
 Emily MacLeod, ASOS Head of Strategy and Investor Relations  Tel: 020 7756 1000

 Media:
 Jonathan Sibun / Will Palfreyman, Teneo                      Tel: 020 7353 4200

 

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 nine languages
and in over 200 markets, ASOS customers can shop a curated edit of nearly
50,000 products, sourced from over 600 global and local third-party brands
alongside a mix of fashion-led own brand labels - including ASOS Design, ASOS
Edition, ASOS 4505, Collusion, Reclaimed Vintage, Topshop, Topman, and Miss
Selfridge. ASOS aims to give all its customers a truly frictionless
experience, with an ever-greater number of different payment methods and
hundreds of local deliveries and return options, dispatched from
state-of-the-art fulfilment centres in the UK, US, and Germany.

 

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