AO World plc Director/PDMR Shareholding (2122V)

TIDMAO.

RNS Number : 2122V

AO World plc

05 April 2019

For immediate release

AO World plc (the "Company")

Director / PDMR Shareholding

The Company received notification on 4 April 2019 of the following change in the interests of Ordinary Shares in the Company in respect of the undermentioned Person Discharging Managerial Responsibility ("PDMR") arising from the transfer of shares to charity:

 
                     Date of      Number of             Consideration   Resultant     Resultant 
   PDMR/PCA           transfer     shares transferred    per share       interest      % interest 
                                                         (pence)         in shares*    in shares* 
 John Roberts, 
  Chief Executive 
  Officer/           4 April 
  PDMR                2019                   700,000,             Nil   108,797,671         23.06 
                    -----------  --------------------  --------------  ------------  ------------ 
 

*Excludes 6,348 ordinary shares held by Crystalcraft Limited, defined under MAR as a person closely associated with John Roberts

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                        Ordinary shares of 0.25p each 
       the financial 
       instrument, type 
       of instrument 
     ==================================== 
 b)   Nature of the                         Gift to charity 
       transaction 
 c)   Price(s) and volume(s)                      Price(s)    Volume(s) 
                                                      NIL       700,000 
                                                              ---------- 
     ==================================== 
 d)   Aggregated information                As above 
       - Aggregated volume 
       - Price 
 e)   Date of the transaction               4 April 2019 
     ==================================== 
 f)   Place of the transaction              London, England 
===  ====================================  ================================= 
 

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April 05, 2019 04:00 ET (08:00 GMT)