TIDMASC

RNS Number : 9261E

ASOS PLC

01 November 2022

1 November 2022

ASOS Plc

(the "Company")

Director/PDMR Shareholding

The Company announces the following transactions following vesting of share awards granted under the rules of the ASOS Plc Term Incentive Scheme (the "ALTIS"). This announcement 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).

 
       Details of the person discharging managerial responsibilities/person 
  1     closely associated 
 a)    Name                                       José Antonio Ramos Calamonte 
      ----------------------------------------  ------------------------------------------------- 
       Reason for the notification 
  2 
      ------------------------------------------------------------------------------------------- 
 a)    Position/status                           Chief Executive Officer 
      ----------------------------------------  ------------------------------------------------- 
 b)    Initial notification                       Initial notification 
        / Amendment 
      ----------------------------------------  ------------------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------------------- 
 a)    Name                                       ASOS Plc 
      ----------------------------------------  ------------------------------------------------- 
 b)    Legal Entity                               213800H8DBB8JSKDW630 
        Identifier 
      ----------------------------------------  ------------------------------------------------- 
       Details of the transaction(s): section to be repeated 
  4     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 3.5p shares. 
        the financial 
        instrument, type 
        of instrument 
                                                  GB0030927254 
        Identification 
        code 
      ----------------------------------------  ------------------------------------------------- 
 b)    Nature of the                             Acquisition of ordinary shares, following 
        transaction                               vesting of conditional shares at nil cost 
                                                  awarded under the ASOS ALTIS rules. 
      ----------------------------------------  ------------------------------------------------- 
 c)    Currency                                  GBP 
      ----------------------------------------  ------------------------------------------------- 
 d)    Price(s) and                                     Price(s)                 Volume(s) 
        volume(s) 
      ----------------------------------------  -----------------------  ------------------------ 
   Nil                                                                    10,160 
  ---------------------------------------------------------------------  ------------------------ 
 
 e)    Aggregated information                    N/A single transaction 
        - Aggregated 
        volume 
 
        - Price 
 
        - Aggregated 
        total 
      ----------------------------------------  ------------------------------------------------- 
 f)    Date of the transaction                    31 October 2022 
      ----------------------------------------  ------------------------------------------------- 
 g)    Place of the                              London Stock Exchange (XLON) 
        transaction 
      ----------------------------------------  ------------------------------------------------- 
       Details of the transaction(s): section to be repeated 
  4     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                             Sale of sufficient ordinary shares to meet 
        transaction                               tax and national insurance liabilities 
                                                  as a condition of vesting. 
      ----------------------------------------  ------------------------------------------------- 
 c)    Currency                                  GBP 
      ----------------------------------------  ------------------------------------------------- 
 d)    Price(s) and                                     Price(s)                 Volume(s) 
        volume(s) 
      ----------------------------------------  -----------------------  ------------------------ 
    GBP5.59                                                                4,915 
  ---------------------------------------------------------------------  ------------------------ 
 
 e)    Aggregated information 
        - Aggregated                               N/A one transaction 
        volume 
 
        - Price 
 
        - Aggregated 
        total 
      ----------------------------------------  ------------------------------------------------- 
 f)    Date of the transaction                   31 October 2022 
      ----------------------------------------  ------------------------------------------------- 
 g)    Place of the                              London Stock Exchange (XLON) 
        transaction 
      ----------------------------------------  ------------------------------------------------- 
 
       Details of the person discharging managerial responsibilities/person 
  1     closely associated 
      ------------------------------------------------------------------------------------------- 
 a)    Name                                       Mathew Dunn 
      ----------------------------------------  ------------------------------------------------- 
       Reason for the notification 
  2 
      ------------------------------------------------------------------------------------------- 
 a)    Position/status                            Former Chief Operating Officer & Chief 
                                                   Financial Officer 
      ----------------------------------------  ------------------------------------------------- 
 b)    Initial notification                       Initial notification 
        / Amendment 
      ----------------------------------------  ------------------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------------------- 
 a)    Name                                       ASOS Plc 
      ----------------------------------------  ------------------------------------------------- 
 b)    Legal Entity                               213800H8DBB8JSKDW630 
        Identifier 
      ----------------------------------------  ------------------------------------------------- 
       Details of the transaction(s): section to be repeated 
  4     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 3.5p shares. 
        the financial 
        instrument, type 
        of instrument 
                                                  GB0030927254 
        Identification 
        code 
      ----------------------------------------  ------------------------------------------------- 
 b)    Nature of the                             Acquisition of ordinary shares, following 
        transaction                               vesting under the ASOS ALTIS award, of 
                                                  conditional shares at nil cost, measured 
                                                  over the period 1 September 2019 - 31 August 
                                                  2022. 
      ----------------------------------------  ------------------------------------------------- 
 c)    Currency                                  GBP 
      ----------------------------------------  ------------------------------------------------- 
 d)    Price(s) and                                     Price(s)                 Volume(s) 
        volume(s) 
      ----------------------------------------  -----------------------  ------------------------ 
   Nil                                                                    2,989 
  ---------------------------------------------------------------------  ------------------------ 
 
 e)    Aggregated information                    N/A single transaction 
        - Aggregated 
        volume 
 
        - Price 
 
        - Aggregated 
        total 
      ----------------------------------------  ------------------------------------------------- 
 f)    Date of the transaction                    31 October 2022 
      ----------------------------------------  ------------------------------------------------- 
 g)    Place of the                              London Stock Exchange (XLON) 
        transaction 
      ----------------------------------------  ------------------------------------------------- 
       Details of the transaction(s): section to be repeated 
  4     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                             Sale of sufficient ordinary shares to meet 
        transaction                               tax and national insurance liabilities 
                                                  as a condition of the ALTIS vesting 
      ----------------------------------------  ------------------------------------------------- 
 c)    Currency                                  GBP 
      ----------------------------------------  ------------------------------------------------- 
 d)    Price(s) and                                     Price(s)                 Volume(s) 
        volume(s) 
      ----------------------------------------  -----------------------  ------------------------ 
    GBP5.59                                                                1,446 
  ---------------------------------------------------------------------  ------------------------ 
 
 e)    Aggregated information 
        - Aggregated                               N/A one transaction 
        volume 
 
        - Price 
 
        - Aggregated 
        total 
      ----------------------------------------  ------------------------------------------------- 
 f)    Date of the transaction                   31 October 2022 
      ----------------------------------------  ------------------------------------------------- 
 g)    Place of the                              London Stock Exchange (XLON) 
        transaction 
      ----------------------------------------  ------------------------------------------------- 
 

For further information:

 
 ASOS Plc                                           Tel: 020 7756 1000 
 José Antonio Ramos Calamonte, Chief 
  Executive Officer 
  Katy Mecklenburgh, Director of Group Finance 
  Taryn Rosekilly, Director of Investor Relations 
  Katja Hall, Director of Corporate Affairs 
  Website: www.asosplc.com/investors/ 
 
 
 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 / Richard Bootle 
 

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.

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END

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November 01, 2022 08:12 ET (12:12 GMT)

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