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AO WORLD PLC
Remuneration Information • Dec 22, 2022
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Remuneration Information
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National Storage Mechanism | Additional information 
RNS Number : 6659K
AO World plc
22 December 2022
For immediate release
AO World plc (the "Company")
Grant of SAYE Options and Director / PDMR Shareholding
AO World PLC ("the Company") announces that on 22 December 2022 the Company granted options ("Options") over 5,503,660 ordinary shares of 0.25p each ("Ordinary Shares") pursuant to the AO World PLC 2023 Sharesave Scheme.
The Options have a contract start date of 1 March 2023 and are exercisable between 1 March 2026 and 31 August 2026. The exercise price, which was set in accordance with HM Revenue & Customs rules for sharesave plans, is 53 pence per Ordinary Share.
Within the options described above, 33,962 Options were granted to each of John Roberts, Chief Executive Officer, and Mark Higgins, Chief Financial Officer. These options replace the 20,454 options granted under the 2022 AO Sharesave Scheme to each of John Roberts and Mark Higgins which the Company announced were cancelled on 29 November 2022.
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
John Roberts
2
Reason for the notification
a)
Position/status
Chief Executive 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
Option over ordinary shares of 0.25p each in AO World PLC
GB00BJTNFH41
b)
Nature of the transaction
Option granted under the Company's all-employee HMRC approved 2023 Save As you Earn scheme (AO Sharesave Scheme) with an exercise price of 53p
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 53 pence | 33,962 |
d)
Aggregated information
- Aggregated volume
- Price
N/a
e)
Date of the transaction
22 December 2022
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Mark Higgins
2
Reason for the notification
a)
Position/status
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
Option over ordinary shares of 0.25p each in AO World plc
GB00BJTNFH41
b)
Nature of the transaction
Option granted under the Company's all-employee HMRC approved 2022 Save As you Earn scheme (AO Sharesave Scheme) with an exercise price of 88p
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 53 pence | 33,962 |
d)
Aggregated information
- Aggregated volume
- Price
N/a
e)
Date of the transaction
22 December 2022
f)
Place of the transaction
Outside a trading venue
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