Company Announcements

Director/PDMR Shareholding

Source: RNS
RNS Number : 2547B
ASOS PLC
01 June 2023
 

1 June 2023

 

ASOS Plc

(the "Company")

 

Director/PDMR Shareholding

 

The Company announces that 10,159 Restricted Stock Units ("RSUs") granted under the ASOS plc Long Term Incentive Scheme ("ALTIS") to José Antonio Ramos Calamonte on 14 January 2022 vested on 31 May 2023. The RSUs were not subject to performance conditions but were subject to continuous employment and vested in full. 4,787 shares were sold to cover taxes and fees as set out below:

 

Name

Position

Total No. RSUs vested

No. of Shares sold to cover taxes and fees

No. of shares retained net of taxes and fees

José Antonio Ramos Calamonte

Chief Executive Officer

10,159

4,787

5,372

 

Following the trade José Antonio Ramos Calamonte now holds a total of 24,322 Ordinary Shares in the Company representing approximately 0.02% of the Company's issued share capital.

 

This announcement is made in accordance with UK Market Abuse Regulations (Regulation (EU) 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

 José Antonio Ramos Calamonte

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

 ASOS Plc

b)

Legal Entity Identifier

 213800H8DBB8JSKDW630

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 the financial instrument, type of instrument

 

Identification code

Ordinary 3.5p shares.

 

 

 

GB0030927254

b)

Nature of the transaction

Acquisition of ordinary shares following the vesting of RSUs granted as nil-cost conditional awards under the ALTIS rules.

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

10,159

 

e)

Aggregated information

- Aggregated volume

 

- Price

 

- Aggregated total

N/A single transaction  

 

 

f)

Date of the transaction

 31 May 2023

g)

Place of the transaction

London Stock Exchange (XLON)

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 the financial instrument, type of instrument

 

Identification code

Ordinary shares of 3.5 pence each

 

 

 

GB0030927254

b)

Nature of the transaction

Sale of sufficient ordinary shares to cover taxes and fees

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Volume(s)

 £3.518325

 4,787

 

e)

Aggregated information

- Aggregated volume

 

- Price

 

- Aggregated total

 

 

4,787

 

£3.518325

 

£16,842.22

 

f)

Date of the transaction

31 May 2023

g)

Place of the transaction

London Stock Exchange (XLON)

 

For further information:

ASOS Plc                                                                          

Tel: 020 7756 1000

   Emma Whyte, General Counsel & Company Secretary

Website: www.asosplc.com/investors


 

   Headland Consultancy

 

Tel: 020 3805 4822

Susanna Voyle / Stephen Malthouse / Rob Walker




JPMorgan Cazenove 

Tel: 020 7742 4000

Bill Hutchings / Will Vanderspar


 


Numis Securities    

Tel: 020 7260 1000

Alex Ham / Jonathan Wilcox / Tom Jacob

 

Berenberg

Matthew Armitt / Richard Bootle / Marie Moy

 

 

Tel: 020 3207 7800

 

Background note

ASOS is a destination 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 app and mobile/desktop web experience, available in nine languages and in over 200 markets, ASOS customers can shop a curated edit of over 60,000 products, sourced from nearly 900 global and local third-party brands alongside a mix of fashion-led own-brand labels - ASOS Design, ASOS Edition, ASOS 4505, Collusion, Reclaimed Vintage, Topshop, Topman, Miss Selfridge and HIIT. 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 return options, including Next-Day Delivery and Same-Day Delivery, dispatched from state-of-the-art fulfilment centres in the UK, US and Germany.

 

 

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