ASOS PLC Director/PDMR Shareholding (2006L)

TIDMASC

RNS Number : 2006L

ASOS PLC

17 April 2018

17 April 2018

ASOS Plc

(the "Company")

Director/PDMR Shareholding

ASOS Plc ("the Company") announces that Nicholas Robertson, Non-Executive Director, has entered into a margin loan facility with Credit Suisse (UK), and has granted a pledge in favour of Credit Suisse (UK) over 1,000,000 Ordinary Shares in the Company, representing approximately 1.2% of the Company's issued share capital, as security for any amounts which may be due from time to time under the facility.

Nicholas Robertson remains the beneficial owner of the Ordinary Shares subject to the pledge and retains full voting rights over these shares.

As a result, Nicholas Robertson's beneficial interest in the Company remains unchanged at 5,046,414 Ordinary Shares, representing approximately 6.0% of the Company's issued share capital.

 
 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                             Ordinary Shares of 3.5 pence each 
        of the financial                        GB0030927254 
        instrument, 
        type of instrument 
        Identification 
        code 
----  --------------------------------------  ------------------------------------- 
 b)    Nature of                               Grant of security over shares 
        the transaction 
----  --------------------------------------  ------------------------------------- 
 c)    Currency                                GBP 
----  --------------------------------------  ------------------------------------- 
 d)    Price(s)                                    Price(s)           Volume(s) 
        and volume(s) 
----  --------------------------------------  -----------------  ------------------ 
                               Nil                                    1,000,000 
  -------------------------------------------------------------  ------------------ 
 
 e)    Aggregated                               N/A - Single transaction 
        information 
        - Aggregated 
        volume 
        - Price 
        - Aggregated 
        total 
----  --------------------------------------  ------------------------------------- 
 f)    Date of the                             17 April 2018 
        transaction 
----  --------------------------------------  ------------------------------------- 
 g)    Place of                                Outside a trading venue 
        the transaction 
----  --------------------------------------  ------------------------------------- 
 

For further information:

 
 ASOS Plc                               Tel: 020 
  Greg Feehely, Director of              7756 1000 
  Investor Relations 
  Website: www.asosplc.com/investors 
 Instinctif Partners                    Tel: 020 
  Matthew Smallwood / Guy Scarborough    7457 2020 
 JPMorgan Cazenove                      Tel: 020 
  Michael Wentworth-Stanley              7742 4000 
  / Bill Hutchings 
 Numis Securities                       Tel: 020 
  Alex Ham / Luke Bordewich              7260 1000 
 

Background note

ASOS is a global fashion destination for 20-somethings, selling cutting-edge fashion and offering a wide variety of fashion-related content, making ASOS.com the hub of a thriving fashion community. ASOS sells over 87,000 branded and 'ASOS Design' products through localised app and mobile/ desktop web experiences, delivering from fulfilment centres in the UK, US and Europe. ASOS tailors the mix of ASOS design (our in house designed label), global and local brands sold through our own channels to deliver a locally relevant product offer. Our global propositions help bring our amazing product to nearly 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 6 major global languages, using an ever greater number of different global payment methods, with hundreds of local delivery and returns options from pick and drop off networks in Italy to Next Day delivery to home in the Netherlands. We aim to offer all our global customers a truly frictionless experience.

ASOS's websites attracted 156.9m visits during February 2018 (February 2017: 127 million) and as at 28 February 2018 had 16.5m active customers(1) (28 February 2017: 14.1m), of which 5.5m were located in the UK and 11.0m were located in international territories (28 February 2017: 5.0m in the UK and 9.1m internationally).

(1) Defined as having shopped in the last twelve months as at 31 August 2017

This information is provided by RNS

The company news service from the London Stock Exchange

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April 17, 2018 08:24 ET (12:24 GMT)