TIDMASC

RNS Number : 2547B

ASOS PLC

01 June 2023

1 June 2023

ASOS Plc

(the "Company")

Director/PDMR Shareholding

The Company announces that 10,159 Restricted Stock Units ("RSUs") granted under the ASOS plc Long Term Incentive Scheme ("ALTIS") to José Antonio Ramos Calamonte on 14 January 2022 vested on 31 May 2023. The RSUs were not subject to performance conditions but were subject to continuous employment and vested in full. 4,787 shares were sold to cover taxes and fees as set out below:

 
 Name              Position           Total No.      No. of Shares    No. of shares 
                                       RSUs vested    sold to cover    retained net 
                                                      taxes and        of taxes and 
                                                      fees             fees 
 José 
  Antonio Ramos    Chief Executive 
  Calamonte         Officer           10,159         4,787            5,372 
                  -----------------  -------------  ---------------  -------------- 
 

Following the trade José Antonio Ramos Calamonte now holds a total of 24,322 Ordinary Shares in the Company representing approximately 0.02% of the Company's issued share capital.

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                            the vesting of RSUs granted as nil-cost 
                                               conditional awards under the ALTIS rules. 
      -------------------------------------  ----------------------------------------------- 
 c)    Currency                               GBP 
      -------------------------------------  ----------------------------------------------- 
 d)    Price(s) and                                    Price(s)                Volume(s) 
        volume(s) 
      -------------------------------------  ---------------------------  ------------------ 
   Nil                                                                     10,159 
  ----------------------------------------------------------------------  ------------------ 
 
 e)    Aggregated information                 N/A single transaction 
        - Aggregated 
        volume 
 
        - Price 
 
        - Aggregated 
        total 
      -------------------------------------  ----------------------------------------------- 
 f)    Date of the transaction                 31 May 2023 
      -------------------------------------  ----------------------------------------------- 
 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 cover 
        transaction                            taxes and fees 
      -------------------------------------  ----------------------------------------------- 
 c)    Currency                               GBP 
      -------------------------------------  ----------------------------------------------- 
 d)    Price(s) and                                    Price(s)                Volume(s) 
        volume(s) 
      -------------------------------------  ---------------------------  ------------------ 
    GBP3.518325                                                             4,787 
  ----------------------------------------------------------------------  ------------------ 
 
 e)    Aggregated information 
        - Aggregated 
        volume                                  4,787 
 
        - Price                                 GBP3.518325 
 
        - Aggregated                            GBP16,842.22 
        total 
      -------------------------------------  ----------------------------------------------- 
 f)    Date of the transaction                31 May 2023 
      -------------------------------------  ----------------------------------------------- 
 g)    Place of the                           London Stock Exchange (XLON) 
        transaction 
      -------------------------------------  ----------------------------------------------- 
 

For further information:

 
 ASOS Plc                                            Tel: 020 7756 1000 
   Emma Whyte, General Counsel & Company Secretary 
    Website: www.asosplc.com/investors 
 
   Headland Consultancy                                Tel: 020 3805 4822 
 Susanna Voyle / Stephen Malthouse / R ob 
  Walker 
 
 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 
  Matthew Armitt / Richard Bootle / Marie Moy 
 

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 over 60,000 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 deliveries 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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June 01, 2023 02:05 ET (06:05 GMT)

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