ASOS PLC Director/PDMR Shareholding (5162W)

TIDMASC

RNS Number : 5162W

ASOS PLC

17 April 2019

17 April 2019

ASOS Plc

(the "Company")

Director/PDMR Shareholding

ASOS Plc ("the Company") announces that Nicholas Robertson, Non-Executive Director, sold 410,000 Ordinary Shares of 3.5 pence each in the capital of the Company ("Shares") on Tuesday 16 April 2019 at an average price of GBP37.225 per share.

Following this transaction, Mr Robertson holds 4,636,414 Shares in the Company, representing 5.53% of the Company's issued share capital.

As a result of this, the number of Shares Mr Robertson has pledged in favour of the margin loan facility with Credit Suisse (UK) has reduced to 4,636,414, representing 5.53% of the Company's issued share capital.

This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 a)    Name                                      Nicholas Robertson 
      ---------------------------------------  ---------------------------------------------- 
 2     Reason for the notification 
      --------------------------------------------------------------------------------------- 
 a)    Position/status                           Non-Executive Director 
      ---------------------------------------  ---------------------------------------------- 
 b)    Initial notification                      Initial notification 
        / Amendment 
      ---------------------------------------  ---------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      --------------------------------------------------------------------------------------- 
 a)    Name                                      ASOS Plc 
      ---------------------------------------  ---------------------------------------------- 
 b)    Legal Entity                              213800H8DBB8JSKDW630 
        Identifier 
      ---------------------------------------  ---------------------------------------------- 
 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 3.5 pence each 
        the financial 
        instrument, type 
        of instrument 
                                                 GB0030927254 
        Identification 
        code 
      ---------------------------------------  ---------------------------------------------- 
 b)    Nature of the                            Sale of Shares 
        transaction 
      ---------------------------------------  ---------------------------------------------- 
 c)    Currency                                 GBP 
      ---------------------------------------  ---------------------------------------------- 
 d)    Price(s) and                                    Price(s)                Volume(s) 
        volume(s) 
      ---------------------------------------  ------------------------  -------------------- 
                                GBP37.225                                       410,000 
  ---------------------------------------------------------------------  -------------------- 
 
 e)    Aggregated information                    N/A single transaction 
        - Aggregated 
        volume 
        - Price 
        - Aggregated 
        total 
      ---------------------------------------  ---------------------------------------------- 
 f)    Date of the transaction                  Tuesday 16 April 2019 
      ---------------------------------------  ---------------------------------------------- 
 g)    Place of the                             London Stock Exchange, AIM 
        transaction 
      ---------------------------------------  ---------------------------------------------- 
 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 3.5 pence each 
        the financial 
        instrument, type 
        of instrument 
                                                 GB0030927254 
        Identification 
        code 
      ---------------------------------------  ---------------------------------------------- 
 b)    Nature of the                            Reduction of grant of security over shares 
        transaction 
      ---------------------------------------  ---------------------------------------------- 
 c)    Currency                                 GBP 
      ---------------------------------------  ---------------------------------------------- 
 d)    Price(s) and                                    Price(s)                Volume(s) 
        volume(s) 
      ---------------------------------------  ------------------------  -------------------- 
                                   Nil                                          410,000 
  ---------------------------------------------------------------------  -------------------- 
 
 e)    Aggregated information                    N/A - Single transaction 
        - Aggregated 
        volume 
        - Price 
        - Aggregated 
        total 
      ---------------------------------------  ---------------------------------------------- 
 f)    Date of the transaction                  Tuesday 16 April 2019 
      ---------------------------------------  ---------------------------------------------- 
 g)    Place of the                             Outside a trading venue 
        transaction 
      ---------------------------------------  ---------------------------------------------- 
 

For further information:

 
 ASOS Plc                                      Tel: 020 
  Nick Beighton, Chief Executive Officer        7756 1000 
  Greg Feehely, Director of Investor 
  Relations 
  Alison Lygo, Investor Relations Manager 
  Website: www.asosplc.com/investors 
 Instinctif Partners                           Tel: 020 
  Matthew Smallwood / Justine Warren            7457 2020 
  / Tom Berger 
 JPMorgan Cazenove                             Tel: 020 
  Michael Wentworth-Stanley / Bill Hutchings    7742 4000 
  / Caroline Thomlinson 
 Numis Securities                              Tel: 020 
  Alex Ham / Luke Bordewich / Tom Ballard       7260 1000 
 

LEI number: 213800H8DBB8JSKDW630

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 85,000 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, ASOS 4505 and Collusion 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.

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 [e-mail] or visit www.rns.com.

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April 17, 2019 07:18 ET (11:18 GMT)