REG - ASOS PLC Marks and Spencer Gp - Lichfield Fulfilment Centre Disposal Completion

Marks and SpencerAnnouncement

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RNS Number : 1176G  ASOS PLC  28 May 2026

28 May 2026

 

ASOS Plc

Global Online Fashion Destination

("ASOS" or the "Company")

 

 

ASOS completes the disposal of Lichfield fulfilment centre

 

ASOS is pleased to announce that, further to its announcement on 11 May 2026,
it has today completed the disposal of the Lichfield Fulfilment Centre to
Marks & Spencer Plc (the "Transaction").

There has been no material change affecting any matter contained in the
announcement relating to the Transaction released by the Company on 11 May
2026. As previously stated, the total cash consideration is £67.5m with net
sales proceeds of at least £66m and is expected to result in a one-off profit
before tax of c.£85m after adjustments to associated property liabilities.
The proceeds have been received on completion, with all conditions precent to
completion satisfied, and will be reflected in the Company's FY26 financial
statements.

For more information regarding the Transaction including background, rationale
and use of proceeds, please see the announcement released by the Company on 11
May 2026.

For further information:

 ASOS
 plc
 Phil Clark, Head of Strategy & Investor Relations                                                                                                         Email: InvestorEnquiries@asos.com
 Hannah Alderman, Investor Relations Manager
 Teneo
 Jonathan Sibun / Will Palfreyman                                                                                                                          Tel: 020 7353 4200

 

About ASOS

Founded in 2000, ASOS has 17m active customers in over 100 markets. We bring
fashion lovers around the world the best and most relevant fashion through our
unique own brands including ASOS DESIGN, ARRANGE, COLLUSION, Topshop and
Topman, styled with the most exciting products from local and global partner
brands. With our expert in-house design team and agile and flexible commercial
model, including ASOS Fulfilment Services, Partner Fulfils, and Test &
React, we make the latest trends accessible to all and give customers the
confidence to be whoever they want to be.

Forward looking statements

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, ASOS plc 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.

 

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