ASOS PLC Director/PDMR Shareholding (3251R)

TIDMASC

RNS Number : 3251R

ASOS PLC

24 October 2013

ASOS plc (the "Company")

Directors' Shareholdings

On 24 May 2012 the Company announced that under the Management Incentive Plan (the "Plan") it approved the exchange of subordinated ordinary shares in ASOS.com Limited, for a total of 4,000,822 ordinary shares with a nominal value of 3.5 pence each in ASOS Plc ("Ordinary Shares"), which were allotted to the participants in the Plan.

The Company has been notified that on 23 October 2013 the following Directors sold shares that they had received under the Plan, after the release of the second tranche under the Plan on 30 September 2013.

The details relating to the share sale were as follows:

 
                                         Number       Number 
                                          of shares    of shares                      Number 
                                          released     sold under     Price           of shares 
                       Number of          under        the Plan       per share       held in 
   Director            shares received    the Plan     on 23          received        ASOS Plc 
                       under the          on 30        October        on disposal     following 
                       Plan               September    2013           (GBP)           this transaction 
                                          2013 
------------------  ------------------  -----------  ------------  --------------  ------------------- 
 Nicholas 
  Robertson, 
  Chief Executive 
  Officer                1,489,584        744,792       744,792         50.00           7,744,600 
------------------  ------------------  -----------  ------------  --------------  ------------------- 
 Nicholas 
  Beighton, 
  Chief Finance 
  Officer                 730,188         365,094       240,000         50.00            127,794 
------------------  ------------------  -----------  ------------  --------------  -------------------

Further to this, the Company has been notified that, Nick Robertson, the Company's Chief Executive Officer, has exercised and sold options over 840,000 ordinary shares of 3.5 pence each ("Ordinary Shares") at exercise prices as detailed below:

 
                                                                        Price per 
   Name                No of options     Option Price     Number of      share received 
                       exercised         (GBP)            shares sold    on disposal 
                                                                         (GBP) 
------------------  ----------------  ---------------  --------------  ---------------- 
 
                          140,000           0.565           140,000 
------------------  ----------------  ---------------  --------------  ---------------- 
 
                          500,000           0.575           500,000 
                    ----------------  ---------------  -------------- 
 Nicholas 
  Robertson, 
  Chief Executive 
  Officer                 200,000            0.98           200,000          50.00 
------------------  ----------------  ---------------  --------------  ----------------

Following this transaction, Mr. Robertson holds 7,744,600 shares in the Company. This is approximately 9.4% of the Company's issued share capital.

Application will be made for the 840,000 new Ordinary Shares to be admitted to trading on AIM. These new Ordinary Shares will rank pari passu with the existing Ordinary Shares of the Company and dealings in the new Ordinary Shares are expected to commence on 30 October 2013.

 
 For further information: 
 
 ASOS plc 
 Greg Feehely, Head of Investor           Tel: 020 7756 
  Relations                                1000 
 
 College Hill 
 Matthew Smallwood/Justine Warren/Jamie   Tel: 020 7457 
  Ramsay                                   2020 
 
 JPMorgan Cazenove 
 Gina Gibson                              Tel: 020 7742 
                                           4000

This information is provided by RNS

The company news service from the London Stock Exchange

END

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