TIDMASC

RNS Number : 9217K

ASOS PLC

02 September 2019

2 September 2019

ASOS Plc

(the "Company")

Director/PDMR Shareholding

ASOS Plc (the "Company") announces that Mathew Dunn, Chief Financial Officer, was granted a conditional award over 17,236 ASOS Plc Ordinary Shares (the "Award") under the terms of the ASOS Plc Long-Term Incentive Scheme (the "ALTIS") on 30 August 2019 (the "Grant Date"). This Award, which has a value of GBP400,000, has been granted in replacement of the value of awards forfeited on leaving his previous employment. The number of shares subject to the Award has been calculated based on the average market price over the five dealing days prior to the Grant Date. This Award will vest on 16 December 2019, which reflects vesting of the original award that was forfeited. There will be no performance conditions applied to the vesting of the Award.

This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 a)    Name                                       Mathew Dunn 
      ----------------------------------------  ---------------------------------------------- 
 2     Reason for the notification 
      ---------------------------------------------------------------------------------------- 
 a)    Position/status                            PDMR - Chief Financial Officer 
      ----------------------------------------  ---------------------------------------------- 
 b)    Initial notification                       Initial notification 
        / Amendment 
      ----------------------------------------  ---------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ---------------------------------------------------------------------------------------- 
 a)    Name                                       ASOS Plc 
      ----------------------------------------  ---------------------------------------------- 
 b)    Legal Entity                               213800H8DBB8JSKDW630 
        Identifier 
      ----------------------------------------  ---------------------------------------------- 
 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                            Ordinary shares of 3.5 pence each 
        the financial 
        instrument, type 
        of instrument 
 
 
 
 
                                                  GB0030927254 
        Identification 
        code 
      ----------------------------------------  ---------------------------------------------- 
 b)    Nature of the                             Award of conditional shares under the ASOS 
        transaction                               Long Term Incentive Scheme ("ALTIS") 
      ----------------------------------------  ---------------------------------------------- 
 c)    Currency                                  GBP 
      ----------------------------------------  ---------------------------------------------- 
 d)    Price(s) and                                    Price(s)                Volume(s) 
        volume(s) 
      ----------------------------------------  ----------------------  ---------------------- 
   Nil                                                                    17,236 
  --------------------------------------------------------------------  ---------------------- 
 
 e)    Aggregated information                     N/A single transaction 
        - Aggregated 
        volume 
        - Price 
        - Aggregated 
        total 
      ----------------------------------------  ---------------------------------------------- 
 f)    Date of the transaction                    30 August 2019 
      ----------------------------------------  ---------------------------------------------- 
 g)    Place of the                              London Stock Exchange, AIM 
        transaction 
      ----------------------------------------  ---------------------------------------------- 
 
 
 ASOS Plc                                      Tel: 020 7756 
  Nick Beighton, Chief Executive Officer        1000 
  Alison Lygo, Head of Investor Relations 
  Website: www.asosplc.com/investors 
 JPMorgan Cazenove                             Tel: 020 7742 
  Michael Wentworth-Stanley / Bill Hutchings    4000 
 Numis Securities                              Tel: 020 7260 
  Alex Ham / Luke Bordewich / Tom Ballard       1000 
 

LEI number: 213800H8DBB8JSKDW630

Background note

ASOS is a global fashion destination for 20-somethings, selling all the freshest styles complemented by exclusive content, making ASOS.com the hub of a thriving fashion community and giving our audience the confidence to be whoever they want to be. ASOS sells over 85,000 branded and ASOS Brand products through localised app and mobile/desktop web experiences, delivering from fulfilment centres in the UK, US and Europe. ASOS curates a mix of our in-house designed labels, ASOS DESIGN, ASOS EDITION, ASOS WHITE, ASOS 4505 and Collusion with global and local brands sold through our own channels to deliver a locally relevant offer. Our ground-breaking propositions help bring our amazing products to almost every country in the world and we serve customers globally with increasingly tailored local experiences: relevant languages, payment methods and delivery and return options. You can currently shop ASOS in over 200 markets, in eight languages, using an ever greater number of different payment methods, with hundreds of local deliveries and returns options from pick up and drop off networks to Next-Day Delivery. We aim to give all our global customers a truly frictionless experience.

ASOS's websites attracted 200.9 million visits during June 2019 (June 2018(1) : 169.1 million) and as at 30 June 2019 it had 20.0 million active customers(2) (30 June 2018: 18.0 million), of which 6.3 million were located in the UK and 13.6 million were located in our international territories (30 June 2018: 5.8 million in the UK and 12.2 million internationally).

(1) Restated visits, previously reported number 180 million, (2) Defined as having shopped in the last twelve months as at 30 June

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 or visit www.rns.com.

END

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September 02, 2019 08:24 ET (12:24 GMT)

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