Awards under Performance Share Plan
02 12월 2009 - 12:44AM
UK Regulatory
TIDMASC
RNS Number : 4081D
ASOS PLC
01 December 2009
1 December 2009
ASOS plc ("ASOS" or the "Company")
Awards under Performance Share Plan
On 30 November 2009, conditional incentive share awards granted on 29 November
2006 under the ASOS Performance Share Plan 2006 (the "Plan") vested in
accordance with the terms of the Plan. These awards vested in full in accordance
with the performance conditions applicable to those awards based on the
Company's earnings per share growth over a three-year performance period. No
consideration was paid for the shares acquired.
In satisfaction of these awards, a number of the Company's directors received
228,809 ordinary shares of 3.5 pence each in the Company in accordance with the
table set out below.
On 1 December certain of the Company's directors sold a proportion of the shares
acquired on the vesting of their awards to fund their tax liabilities.
+----------------+------------+------------+------------+-------------+-------------+
| Director | Number of | Number of | Price per | Number of | Number of |
| | shares | shares | share | shares in | shares |
| | acquired | disposed | received | the Plan | held in |
| | | of | on | following | ASOS |
| | | | disposal | this | following |
| | | | | transaction | this |
| | | | | | transaction |
+----------------+------------+------------+------------+-------------+-------------+
| Nicholas | 97,159 | 47,392 | 451p | 257,468 | 9,344,824 |
| Robertson, | | | | | |
| Chief | | | | | |
| Executive | | | | | |
+----------------+------------+------------+------------+-------------+-------------+
| Robert Bready, | 72,869 | 35,545 | 451p | 267,177 | 71,324 |
| Product and | | | | | |
| Trading | | | | | |
| Director | | | | | |
+----------------+------------+------------+------------+-------------+-------------+
| Jonathan | 58,781 | 28,673 | 451p | 216,823 | 30,108 |
| Kamaluddin, | | | | | |
| International | | | | | |
| Director | | | | | |
+----------------+------------+------------+------------+-------------+-------------+
The Company was informed by the individuals listed above of the above
transactions on 1 December 2009.
For further information:
ASOS plc
Nick Beighton, Finance DirectorTel: 0207 756 1000
Cubitt Consulting
Brian Coleman-Smith / Nicola Krafft / James Verstringhe Tel: 020
7367 5100
J.P. Morgan Cazenove
Luke Bordewich / Gina Gibson Tel: 020 7588 2828
Numis Securities
Alex HamTel: 020 7260 1000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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