TIDMAO.

RNS Number : 8471Q

AO World plc

02 March 2021

For immediate release 02 March 2021

AO World plc (the "Company")

Director / PDMR Shareholding

AO World plc announces that it received notification yesterday that on 1 March 2021 John Roberts, Chief Executive Officer of the Company, exercised options over 20,224 ordinary shares of 0.25p each ("Ordinary Shares") at a price of 89p per share pursuant to the Company's Sharesave Scheme (2018 grant). As a result of this transaction, John Roberts' beneficial holding is 108,957,681* Ordinary Shares representing 22.73% of the current issued share capital of the Company.

The Company further announces that it also received notification yesterday that on 1 March 2021 Mark Higgins, Chief Financial Officer of the Company, exercised options over 20,224 Ordinary Shares at a price of 89p each pursuant to the Company's Sharesave Scheme (2018 grant) and has subsequently sold 10,112 Ordinary Shares at a price of 281.8p per share. As a result of these transactions, Mark Higgins beneficial holding is 95,448 Ordinary Shares representing 0.2% of the current issued share capital of the Company.

(*holding includes 882,350 Ordinary Shares held by Sally Roberts, a person with whom John is closely associated, but excludes Ordinary Shares held by Crystalcraft Limited, a company of which he is a director and shareholder)

The Notification of Dealing Forms provided in accordance with the requirements of MAR in relation to the transactions listed above are set out below.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                             John Roberts 
     =============================== 
 2    Reason for the notification 
 a)   Position/status                  Chief Executive Officer 
     =============================== 
 b)   Initial notification/Amendment   Initial Notification 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
 a)   Name                             AO World PLC 
 b)   LEI                              2138005FFOAJIUZY4375 
     =============================== 
 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                   Options over Ordinary shares of 0.25p each 
       the financial 
       instrument, type                 GB00BJTNFH41 
       of instrument, 
       identification 
       code 
     =============================== 
 b)   Nature of the                    Exercise of options over Ordinary Shares 
       transaction                      of 0.25p each granted under the Company's 
                                        Sharesave Scheme in January 2018 
 c)   Price(s) and volume(s)                1. Exercise Price(s)   Volume(s) 
                                               89.0p      20,224 
                                                        ---------- 
     =============================== 
 d)   Aggregated information           As above 
       - Aggregated volume 
       - Price 
 e)   Date of the transaction          1 March 2021 
     =============================== 
 f)   Place of the transaction         London, England 
===  ===============================  =========================================== 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                             Mark Higgins 
     =============================== 
 2    Reason for the notification 
 a)   Position/status                  Chief Financial Officer 
     =============================== 
 b)   Initial notification/Amendment   Initial Notification 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
 a)   Name                             AO World PLC 
 b)   LEI                              2138005FFOAJIUZY4375 
     =============================== 
 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                        1. Options over Ordinary shares of 0.25p 
       the financial                         each 
       instrument, type                      2. Ordinary shares of 0.25p each 
       of instrument,                        GB00BJTNFH41 
       identification 
       code 
     =============================== 
 b)   Nature of the                         1. Exercise of options over Ordinary Shares 
       transaction                           of 0.25p each granted under the Company's 
                                             Sharesave Scheme in January 2018 
                                             2. Subsequent sale of 10,112 Ordinary Shares 
                                             (with 10,112 Ordinary Shares retained) 
 c)   Price(s) and volume(s)                2. Exercise Price(s)   Volume(s) 
                                               89.0p      20,224 
                                                        ---------- 
 
 
                                             3. Sale Price(s)   Volume(s) 
                                               281.8p     10,112 
                                                        ---------- 
     =============================== 
 d)   Aggregated information           As above 
       - Aggregated volume 
       - Price 
 e)   Date of the transaction          1 March 2021 
     =============================== 
 f)   Place of the transaction         London, England 
===  ===============================  =================================================== 
 

Enquiries:

AO World plc

Company Secretary

cosec@ao.com

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END

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March 02, 2021 04:09 ET (09:09 GMT)

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