ASOS PLC Director/PDMR Shareholding (3000P)

TIDMASC

RNS Number : 3000P

ASOS PLC

16 February 2021

16 February 2021

ASOS Plc

Director/PDMR Shareholding

ASOS Plc ('the Company') announces that it was notified on 15 February 2021 that Nick Beighton, Chief Executive Officer, has entered a security arrangement as detailed below. The security arrangement came into effect on 15 February 2021.

This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018.

 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 a)    Name                                       Nick Beighton 
      ----------------------------------------  ----------------------------------------------------- 
 2     Reason for the notification 
      ----------------------------------------------------------------------------------------------- 
 a)    Position/status                           Chief Executive Officer 
      ----------------------------------------  ----------------------------------------------------- 
 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                             The pledge of 10,150 Ordinary shares as 
        transaction                               security against a personal bank loan. 
                                                  Following the pledge, Nick Beighton's beneficial 
                                                  interest in the Company remains unchanged 
                                                  and he continues to be the beneficial owner 
                                                  of 183,659 Ordinary Shares, comprising 
                                                  0.18% of the Company's issued share capital. 
      ----------------------------------------  ----------------------------------------------------- 
 c)    Currency                                  GBP 
      ----------------------------------------  ----------------------------------------------------- 
 d)    Price(s) and                                      Price(s)                   Volume(s) 
        volume(s) 
      ----------------------------------------  -------------------------  -------------------------- 
                                   GBPnil                                            10,150 
  -----------------------------------------------------------------------  -------------------------- 
 
 e)    Aggregated information                     N/A single transaction 
        - Aggregated 
        volume 
        - Price 
        - Aggregated 
        total 
      ----------------------------------------  ----------------------------------------------------- 
 f)    Date of the transaction                   15 February 2021 
      ----------------------------------------  ----------------------------------------------------- 
 g)    Place of the                              Outside trading venue 
        transaction 
      ----------------------------------------  ----------------------------------------------------- 
 

For further information:

ASOS plc Tel: [phone]

Nick Beighton, Chief Executive Officer

Mat Dunn, Chief Financial Officer

Alison Lygo, Investor Relations

Website: www.asosplc.com/investors

   Headland Consultancy                                                             Tel: [phone] 

Susanna Voyle/Stephen Malthouse/ Fay Rajaratnam

   JPMorgan Cazenove (Nominated Advisor)                            Tel: [phone] 

Bill Hutchings/Christopher Wood

Numis Securities Tel: [phone]

Alex Ham/ Jonathan Wilcox / Tom Jacob

Background note

ASOS is an online retailer for fashion-loving 20-somethings around the world, with a purpose to give its customers the confidence to be whoever they want to be. Through its market-leading app and mobile/desktop web experience, available in ten languages and in over 200 markets, ASOS customers can shop a curated edit of 85,000 products, sourced from 850 of the best global and local third-party brands and its mix of fashion-led in-house labels - ASOS Design, ASOS Edition, ASOS 4505 and Collusion. ASOS aims to give all of its customers a truly frictionless experience, with an ever-greater number of different payment methods and hundreds of local deliveries and returns options, including Next-Day and Same-Day Delivery, dispatched from state-of-the-art fulfilment centres in the UK, US and Germany.

ASOS' websites attracted 280.4 million visits during December 2020 (December 2019(1) : 233.8 million) and as at 31 December 2020 it had 24.5 million active customers(2) (31 December 2019: 21.7 million), of which 7.6 million were located in the UK and 16.9 million were located in our international territories (31 December 2019: 6.7 million in the UK and 15.0 million internationally).

(1) Restated visits, previously reported number 239.0 million, (2) Defined as having shopped in the last twelve months as at 31 December

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February 16, 2021 11:36 ET (16:36 GMT)