Director/PDMR Shareholding

RNS Number : 6825C
AO World plc
23 January 2018
 

AO World plc

Director/PDMR Notification

AO World plc ("the Company") announces that it has been notified that four of its persons discharging managerial responsibility ("PDMRs") have cancelled their participation in the Company's previous all-employee HMRC approved Save As You Earn schemes ("Sharesave Schemes"), thereby cancelling their options to purchase ordinary shares of 0.25p each.  The PDMRs cancelled their participation in previous Sharesave Schemes in order to apply for the maximum saving amount permissible in the Company's 2018 Sharesave Scheme.

The details are set out below:

 

Name of Director / PDMR

Date of grant

Number of shares under option

Price payable per share on exercise (p)

Date of cancellation

John Roberts

27 January 2017

12,080

149p

5 January 2018

Steve Caunce

29 January 2016

14,400

125p

19 January 2018

David Ashwell

29 January 2016

14,400

125p

2 January 2018

Daniel Emmett

29 January 2016

14,400

125p

2 January 2018

 

 Enquiries:

AO World plc

Julie Finnemore

Company Secretary

Tel: +44(0)1204 672400

Tulchan Communications

Susanna Voyle

Michelle Clarke

Tel: +44(0) 20 7353 4200

 

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

John Roberts

2

Reason for the notification

a)

Position/status

Founder, Executive Director

b)

Initial notification/Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

AO World PLC

b)

LEI

2138005FFOAJIUZY4375

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

Option over ordinary shares of 0.25p each in AO World plc

 

 

GB00BJTNFH41

b)

Nature of the transaction

Cancelled participation in the 2017 offer under the Company's all-employee HMRC approved Save As You Earn scheme and discontinued his monthly contributions, resulting in the lapse of the option originally granted to him on 27 January 2017 with an exercise price of 149p

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

149 pence

12,080

d)

Aggregated information

- Aggregated volume

- Price

 

N/A

N/A

 

e)

Date of the transaction

5 January 2018

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Steve Caunce

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

AO World PLC

b)

LEI

2138005FFOAJIUZY4375

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

Option over ordinary shares of 0.25p each in AO World plc

 

 

GB00BJTNFH41

b)

Nature of the transaction

Cancelled participation in the 2016 offer under the Company's all-employee HMRC approved Save As You Earn scheme and discontinued his monthly contributions, resulting in the lapse of the option originally granted to him on 29 January 2016 with an exercise price of 125p

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

125 pence

14,400

d)

Aggregated information

- Aggregated volume

- Price

 

N/A

N/A

 

e)

Date of the transaction

19 January 2018

f)

Place of the transaction

Outside a trading venue

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

David Ashwell

2

Reason for the notification

a)

Position/status

MD Logistics

b)

Initial notification/Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

AO World PLC

b)

LEI

2138005FFOAJIUZY4375

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

Option over ordinary shares of 0.25p each in AO World plc

 

 

GB00BJTNFH41

b)

Nature of the transaction

Cancelled participation in the 2016 offer under the Company's all-employee HMRC approved Save As You Earn scheme and discontinued his monthly contributions, resulting in the lapse of the option originally granted to him on 29 January 2016 with an exercise price of 125p

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

125 pence

14,400

d)

Aggregated information

- Aggregated volume

- Price

 

N/A

N/A

 

e)

Date of the transaction

2 January 2018

f)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Daniel Emmett

2

Reason for the notification

a)

Position/status

MD AO Services

b)

Initial notification/Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

AO World PLC

b)

LEI

2138005FFOAJIUZY4375

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

Option over ordinary shares of 0.25p each in AO World plc

 

 

GB00BJTNFH41

b)

Nature of the transaction

Cancelled participation in the 2016 offer under the Company's all-employee HMRC approved Save As You Earn scheme and discontinued his monthly contributions, resulting in the lapse of the option originally granted to him on 29 January 2016 with an exercise price of 125p

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

125 pence

14,400

d)

Aggregated information

- Aggregated volume

- Price

 

N/A

N/A

 

e)

Date of the transaction

2 January 2018

f)

Place of the transaction

Outside a trading venue

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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