AO WORLD PLC

Remuneration Information • Nov 30, 2022

National Storage Mechanism | Additional information

RNS Number : 0745I

AO World plc

30 November 2022

AO World plc

Director/PDMR Notification

AO World plc ("the Company") announces that it has been notified that two of its Directors have cancelled their participation in the Company's previous all-employee HMRC approved Save As You Earn schemes ("Sharesave Schemes"), thereby cancelling their options to purchase ordinary shares of 0.25p each.  The Directors cancelled their participation in the 2022 Sharesave Scheme in order to apply for the maximum saving amount permissible in the Company's 2023 Sharesave Scheme with an option price of 53p.  The grant of options awarded under the 2023 Sharesave Scheme will be made on or about 22 December 2022 with a contract start date of 1 March 2023.

The details are set out below:

Name of Director / PDMR	Date of grant	Number of shares under option	Price payable per share on exercise (p)	Date of cancellation
John Roberts	23 December 2021	20,454	88p	29 November 2022
Mark Higgins	23 December 2021	20,454	88p	29 November 2022

Enquiries:

AO World plc

Julie Finnemore

Company Secretary

Tel: +44(0)1204 672400

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

Cancelled participation in the 2022 offer under the Company's all-employee HMRC approved Save As You Earn scheme and discontinued his monthly contributions, resulting in the lapse of the option originally granted to him on 21 December 2021 with an exercise price of 88p

c)

Price(s) and volume(s)

Price(s)	Volume(s)
88pence	20,454

d)

Aggregated information

- Aggregated volume

- Price

N/A

N/A

e)

Date of the transaction

29 November 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

Cancelled participation in the 2022 offer under the Company's all-employee HMRC approved Save As You Earn scheme and discontinued his monthly contributions, resulting in the lapse of the option originally granted to him on 21 December 2021 with an exercise price of 88p

c)

Price(s) and volume(s)

Price(s)	Volume(s)
88 pence	20,454

d)

Aggregated information

- Aggregated volume

- Price

N/A

N/A

e)

Date of the transaction

29 November 2022

f)

Place of the transaction

Outside a trading venue

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