Director's Dealing • Aug 18, 2022
Director's Dealing
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RNS Number : 5124W
AO World plc
18 August 2022
For immediate release
AO World PLC (the "Company")
Director / PDMR Shareholding
AO World PLC announces that on 18 August 2022, and subject to the terms of the Company's AO Incentive Plan which was approved by shareholders of the Company on 19 July 2018 ("Plan"), the following awards have been granted to persons discharging managerial responsibilities ("PDMRs") of the Company for nil consideration and that following the grant of these awards, PDMRs sold the following number of shares:
| Name | Number of shares awarded | Price per share | Number of shares subsequently sold |
| Mark Higgins | 371,484 | Nil | 179,781 ordinary shares were sold to cover tax and national insurance obligations, with 191,703 ordinary shares retained |
| Daniel Emmett | 145,680 | Nil | 70,503 ordinary shares were sold to cover tax and national insurance obligations, with 75,177 ordinary shares retained |
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
Mark Higgins
2
Reason for the notification
a)
Position/status
Director, 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 the financial instrument, type of instrument, identification code
Ordinary shares of 0.25p each
GB00BJTNFH41
b)
Nature of the transaction
1. Grant of ordinary shares of 0.25p each granted under the Company's AO Incentive Plan (FY19 grant).
2. Subsequent sale of [NUMBER] ordinary shares, of which [NUMBER] ordinary shares were sold to cover tax and national insurance obligations, with [NUMBER] ordinary shares retained.
c)
Price(s) and volume(s)
1. Issue
| Price(s) | Volume(s) |
| Nil | 371,484 |
2. Sale
| Price(s) | Volume(s) |
| Nil | 179,781 |
d)
Aggregated information
- Aggregated volume
- Price
As above
e)
Date of the transaction
18 August 2022
f)
Place of the transaction
London, England
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Danny Emmett
2
Reason for the notification
a)
Position/status
PDMR, Chief Operating 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 the financial instrument, type of instrument, identification code
Ordinary shares of 0.25p each
GB00BJTNFH41
b)
Nature of the transaction
1. Grant of ordinary shares of 0.25p each granted under the Company's AO Incentive Plan (FY19 grant).
2. Subsequent sale of [NUMBER] ordinary shares, of which [NUMBER] ordinary shares were sold to cover tax and national insurance obligations, with [NUMBER] ordinary shares retained.
c)
Price(s) and volume(s)
3. Issue
| Price(s) | Volume(s) |
| Nil | 145,680 |
4. Sale
| Price(s) | Volume(s) |
| Nil | 70,503 |
d)
Aggregated information
- Aggregated volume
- Price
As above
e)
Date of the transaction
18 August 2022
f)
Place of the transaction
London, England
Enquiries:
AO World PLC
Company Secretary
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