TIDMASC

RNS Number : 1402E

ASOS PLC

03 November 2020

3 November 2020

ASOS Plc

(the "Company")

Director/PDMR Shareholding

Following vesting of the ASOS Plc Long-Term Incentive Scheme (the "ALTIS"), measured over the performance period 1 September 2017 - 31 August 2020, the Company announces the following transactions in accordance with Article 19 of the EU Market Abuse Regulation.

After these transactions, Nick Beighton, Chief Executive Officer, has an interest in 183,659 ordinary ASOS Plc shares.

 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 a)    Name                                      Nick Beighton 
      ---------------------------------------  ------------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------------------ 
 a)    Position/status                           PDMR - Chief Executive Officer 
      ---------------------------------------  ------------------------------------------------- 
 b)    Initial notification                      Initial notification 
        / Amendment 
      ---------------------------------------  ------------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------------------ 
 a)    Name                                      ASOS Plc 
      ---------------------------------------  ------------------------------------------------- 
 b)    Legal Entity                              213800H8DBB8JSKDW630 
        Identifier 
      ---------------------------------------  ------------------------------------------------- 
 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                           Ordinary 3.5p shares. 
        the financial 
        instrument, type 
        of instrument 
                                                 GB0030927254 
        Identification 
        code 
      ---------------------------------------  ------------------------------------------------- 
 b)    Nature of the                            Acquisition of ordinary shares, following 
        transaction                              vesting under the ASOS ALTIS award, of 
                                                 conditional shares at nil cost, measured 
                                                 over the period 1 September 2017 - 31 August 
                                                 2020. 
      ---------------------------------------  ------------------------------------------------- 
 c)    Currency                                 GBP 
      ---------------------------------------  ------------------------------------------------- 
 d)    Price(s) and                                     Price(s)                 Volume(s) 
        volume(s) 
      ---------------------------------------  -------------------------  ---------------------- 
   Nil                                                                      5,903 
  ----------------------------------------------------------------------  ---------------------- 
 
 e)    Aggregated information                   N/A single transaction 
        - Aggregated 
        volume 
 
        - Price 
 
        - Aggregated 
        total 
      ---------------------------------------  ------------------------------------------------- 
 f)    Date of the transaction                   2 November 2020 
      ---------------------------------------  ------------------------------------------------- 
 g)    Place of the                             London Stock Exchange, AIM 
        transaction 
      ---------------------------------------  ------------------------------------------------- 
 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                           Ordinary shares of 3.5 pence each 
        the financial 
        instrument, type 
        of instrument 
                                                 GB0030927254 
        Identification 
        code 
      ---------------------------------------  ------------------------------------------------- 
 b)    Nature of the                            Sale of sufficient ordinary shares to meet 
        transaction                              tax and national insurance liabilities 
                                                 as a condition of the ALTIS vesting 
      ---------------------------------------  ------------------------------------------------- 
 c)    Currency                                 GBP 
      ---------------------------------------  ------------------------------------------------- 
 d)    Price(s) and                                     Price(s)                 Volume(s) 
        volume(s) 
      ---------------------------------------  -------------------------  ---------------------- 
    GBP44.85                                                                2,782 
  ----------------------------------------------------------------------  ---------------------- 
 
 e)    Aggregated information 
        - Aggregated                              N/A one transaction 
        volume 
 
        - Price 
 
        - Aggregated 
        total 
      ---------------------------------------  ------------------------------------------------- 
 f)    Date of the transaction                  2 November 2020 
      ---------------------------------------  ------------------------------------------------- 
 g)    Place of the                             London Stock Exchange, AIM 
        transaction 
      ---------------------------------------  ------------------------------------------------- 
 

For further information:

 
 ASOS Plc                              Tel: 020 7756 1000 
  Nick Beighton, Chief Executive 
  Officer 
  Mat Dunn, Chief Financial Officer 
  Alison Lygo, Investor Relations 
  Website: www.asosplc.com/investors 
 Headland Consultancy                  Tel: 020 3805 4822 
  Susanna Voyle / Stephen Malthouse 
  / Fay Rajaratnam 
 JPMorgan Cazenove                     Tel: 020 7742 4000 
  Bill Hutchings / Christopher 
  Wood 
 Numis Securities                      Tel: 020 7260 1000 
  Alex Ham / Luke Bordewich 
 

Background note

ASOS is an online retailer for fashion-loving 20-somethings around the world, with a purpose to give its customers the confidence to be whoever they want to be. Through its market-leading app and mobile/desktop web experience, available in ten languages and in over 200 markets, ASOS customers can shop a curated edit of 85,000 products, sourced from 850 of the best global and local third-party brands and its mix of fashion-led in-house labels - ASOS Design, ASOS Edition, ASOS 4505 and Collusion. ASOS aims to give all of its customers a truly frictionless experience, with an ever-greater number of different payment methods and hundreds of local deliveries and returns options, including Next-Day and Same-Day Delivery, dispatched from state-of-the-art fulfilment centres in the UK, US and Germany.

ASOS's websites attracted 233.4m visits during August 2020 (August 2019: 187.4m) and as at 31 August 2020 had 23.4m active customers (1) (31 August 2019: 20.3m), of which 7.1m were located in the UK and 16.3m were located in international territories (31 August 2019: 6.4m in the UK and 13.9m internationally).

(1) Defined as having shopped in the last 12 months as at 31 August

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END

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(END) Dow Jones Newswires

November 03, 2020 10:03 ET (15:03 GMT)

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