Director's Dealing • Oct 24, 2018
Director's Dealing
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National Storage Mechanism | Additional information
RNS Number : 0669F
ASOS PLC
24 October 2018
24 October 2018
ASOS Plc
(the "Company")
Director/PDMR Shareholding
Under the ASOS Plc Long-Term Incentive Scheme (the "ALTIS"), the senior executives (including the Executive Directors) and other ASOS employees may be annually granted awards over Ordinary Shares subject to a three-year vesting period and stretching performance conditions.
The Company announces the following transaction, in accordance with Article 19 of the EU Market Abuse Regulation:
| 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 / Amendment | Initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | ASOS Plc | |
| b) | Legal Entity Identifier | 213800H8DBB8JSKDW630 | |
| 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 |
Conditional shares under the ASOS Long Term Incentive Scheme ("ALTIS"), subject to performance conditions measured over the period 1 September 2018 - 31 August 2021 as below: 30% EPS 30% TSR 30% Sales growth 10% NPS (Net promoter score). GB0030927254 |
|
| b) | Nature of the transaction | Award of conditional shares | |
| c) | Currency | GBP | |
| d) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Nil | 21,027 | ||
| e) | Aggregated information - Aggregated volume - Price - Aggregated total |
N/A single transaction | |
| f) | Date of the transaction | 24 October 2018 | |
| g) | Place of the transaction | London Stock Exchange, AIM |
| ASOS Plc Nick Beighton, Chief Executive Officer Greg Feehely, Director of Investor Relations Website: www.asosplc.com/investors |
Tel: 020 7756 1000 |
| Instinctif Partners Matthew Smallwood / Justine Warren / Tom Berger |
Tel: 020 7457 2020 |
| JPMorgan Cazenove Michael Wentworth-Stanley / Caroline Thomlinson/ Bill Hutchings |
Tel: 020 7742 4000 |
| Numis Securities Alex Ham / Luke Bordewich / Tom Ballard |
Tel: 020 7260 1000 |
Background note
ASOS is a global fashion destination for 20-somethings, selling all the freshest styles complemented by exclusive content, making ASOS.com the hub of a thriving fashion community and giving our audience the confidence to be whoever they want to be. ASOS sells over 87,000 branded and ASOS Brand products through localised app and mobile/desktop web experiences, delivering from fulfilment centres in the UK, US and Europe. ASOS curates a mix of our in-house designed labels, ASOS DESIGN, ASOS EDITION, ASOS WHITE and ASOS 4505, with global and local brands sold through our own channels to deliver a locally relevant offer. Our ground-breaking propositions help bring our amazing products to almost every country in the world and we serve customers globally with increasingly tailored local experiences: relevant languages, payment methods and delivery and return options. You can currently shop ASOS in over 200 markets, in eight languages, using an ever greater number of different payment methods, with hundreds of local deliveries and returns options from pick up and drop off networks to Next-Day Delivery. We aim to give all our global customers a truly frictionless experience.
ASOS's websites attracted 157.2m visits during August 2018 (August 2017: 135.7m) and as at 31 August 2018 had 18.4m active customers1 (31 August 2017: 15.4m), of which 6.0m were located in the UK and 12.4m were located in international territories (31 August 2017: 5.2m in the UK and 10.2m internationally).
1 Defined as having shopped in the last twelve months as at 31 August
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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