TIDMASC

RNS Number : 5250J

ASOS PLC

08 August 2012

8 August 2012

ASOS plc ("ASOS" or the "Company")

Awards under Performance Share Plan ("PSP")

On 6 August 2012, conditional incentive share awards granted on 5 August 2009 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, Teresa-Lee Westlake, a Person Discharging Managerial Responsibility (PDMR) received 2,986 ordinary shares of 3.5 pence each in the Company ("Ordinary Shares") in accordance with the table set out below.

On 6 and 7 August 2012, Ms Westlake sold a proportion of the shares acquired on the vesting of their awards to fund her tax liabilities.

 
 PDMR                 Number of          Number of         Price per           Number of           Number of 
                       Ordinary           Ordinary          Ordinary            Ordinary            Ordinary 
                Shares acquired    Shares disposed    Share received           Shares in         Shares held 
                                                of       on disposal            the Plan             in ASOS 
                                                               (GBP)           following           following 
                                                                        this transaction    this transaction 
------------  -----------------  -----------------  ----------------  ------------------  ------------------ 
 Teresa-Lee 
  Westlake                2,986              1,763         18.358351               1,318               3,564 
------------  -----------------  -----------------  ----------------  ------------------  ------------------ 
 

For further information:

 
 ASOS plc 
 Nick Robertson, Chief Executive              Tel: 020 7756 1000 
 Nick Beighton, Finance Director 
 Greg Feehely, Head of Investor Relations 
 
 College Hill 
 Matthew Smallwood / Justine Warren / Jamie   Tel: 020 7457 2020 
  Ramsey 
 
 J.P. Morgan Cazenove 
 Luke Bordewich / Gina Gibson                 Tel: 020 7742 7000 
 Numis Securities 
 Alex Ham                                     Tel: 020 7260 1000 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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