AO World plc Director/PDMR Shareholding (8471Q)
02 Marzo 2021 - 10:09AM
UK Regulatory
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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