ASOS PLC Director/PDMR Shareholding (9519E)

TIDMASC

RNS Number : 9519E

ASOS PLC

23 October 2018

23 October 2018

ASOS Plc

(the "Company")

Director/PDMR Shareholding

ASOS Plc ("the Company") announces that Nicholas Robertson, Non-Executive Director, has granted a further pledge in favour of the margin loan facility with Credit Suisse (UK) over 250,000 Ordinary Shares in the Company, representing approximately 0.3% 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 6.03% 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 of                            Ordinary Shares of 3.5 pence each 
        the financial 
        instrument, type 
        of instrument 
                                                  GB0030927254 
        Identification 
        code 
      ----------------------------------------  ------------------------------------- 
 b)    Nature of the                             Grant of security over shares 
        transaction 
      ----------------------------------------  ------------------------------------- 
 c)    Currency                                  GBP 
      ----------------------------------------  ------------------------------------- 
 d)    Price(s) and                                  Price(s)           Volume(s) 
        volume(s) 
      ----------------------------------------  -----------------  ------------------ 
                                Nil                                      250,000 
  ---------------------------------------------------------------  ------------------ 
 
 e)    Aggregated information                     N/A - Single transaction 
        - Aggregated 
        volume 
        - Price 
        - Aggregated 
        total 
      ----------------------------------------  ------------------------------------- 
 f)    Date of the transaction                    23 October 2018 
      ----------------------------------------  ------------------------------------- 
 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 
            Website: www.asosplc.com/investors 
           Instinctif Partners                                  Tel: 020 
            Matthew Smallwood / Justine Warren                   7457 2020 
            / Tom Berger 
           JPMorgan Cazenove                                    Tel: 020 
            Michael Wentworth-Stanley / Caroline                 7742 4000 
            Thomlinson/ Bill Hutchings 
           Numis Securities                                     Tel: 020 
            Alex Ham / Luke Bordewich / Tom Ballard              7260 1000 
 

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 87,000 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 and ASOS 4505, 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.

ASOS's websites attracted 157.2m visits during August 2018 (August 2017: 135.7m) and as at 31 August 2018 had 18.4m active customers1 (31 August 2017: 15.4m), of which 6.0m were located in the UK and 12.4m were located in international territories (31 August 2017: 5.2m in the UK and 10.2m internationally).

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

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October 23, 2018 12:00 ET (16:00 GMT)