AO WORLD PLC

Director's Dealing • Mar 28, 2018

National Storage Mechanism | Additional information

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RNS Number : 3052J

AO World plc

28 March 2018

For immediate release

AO World plc (the "Company")

Director / PDMR Shareholding

The Company received notification on 26 March 2018 of the following change in the interests of Ordinary Shares in the Company in respect of the undermentioned Person Discharging Managerial Responsibility ("PDMR") and their Closely Associated Person ("PCA") arising from the transfer of shares: 

PDMR/PCA	Date of transfer	Number of shares transferred	Consideration per share (pence)	Resultant interest in shares	Resultant % interest in shares
Steve Caunce Chief Executive Officer / PDMR	23 March 18	5,000,000	Nil	47,145,815	10.28%
Linda Caunce PCA	-	-	-	5,660,000	1.23%
Total				52,805,815

The Company received notification today of the following change in the interests of Ordinary Shares in the Company in respect of the undermentioned Person Discharging Managerial Responsibility ("PDMR") and their Closely Associated Person ("PCA") arising from the transfer of shares to charity:

PDMR/PCA	Date of transfer	Number of shares transferred	Consideration per share (pence)	Resultant interest in shares	Resultant % interest in shares
Steve Caunce Chief Executive Officer / PDMR	28 March 18	650,000	Nil	46,495,815	10.13%
Linda Caunce PCA	28 March 18	180,000	Nil	5,480,000	1.19%
Total				51,975,815

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

Steve Caunce

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

Ordinary shares of 0.25p each

b)

Nature of the transaction

Transfer to Linda Caunce

c)

Price(s) and volume(s)

Price(s)	Volume(s)
NIL	5,000,000

d)

Aggregated information

- Aggregated volume

- Price

As above

e)

Date of the transaction

23 March 2018

f)

Place of the transaction

London, England

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

Steve Caunce

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

Ordinary shares of 0.25p each

b)

Nature of the transaction

Gift to charity

c)

Price(s) and volume(s)

Price(s)	Volume(s)
NIL	650,000

d)

Aggregated information

- Aggregated volume

- Price

As above

e)

Date of the transaction

28 March 2018

f)

Place of the transaction

London, England

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

Linda Caunce

2

Reason for the notification

a)

Position/status

Person Closely Associated with Steve Caunce (Chief Executive Officer of AO World plc)

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

Ordinary shares of 0.25p each

b)

Nature of the transaction

Gift to charity

c)

Price(s) and volume(s)

Price(s)	Volume(s)
NIL	180,000

d)

Aggregated information

- Aggregated volume

- Price

As above

e)

Date of the transaction

28 March 2018

f)

Place of the transaction

London, England

This information is provided by RNS

The company news service from the London Stock Exchange

END

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