Director/PDMR Shareholding

RNS Number : 5250J

ASOS PLC

08 August 2012

 



8 August 2012

ASOS plc ("ASOS" or the "Company")

Awards under Performance Share Plan ("PSP")

On 6 August 2012, conditional incentive share awards granted on 5 August 2009 under the ASOS Performance Share Plan 2006 (the "Plan") vested in accordance with the terms of the Plan. These awards vested in full in accordance with the performance conditions applicable to those awards based on the Company's earnings per share growth over a three-year performance period. No consideration was paid for the shares acquired.         

In satisfaction of these awards, Teresa-Lee Westlake, a Person Discharging Managerial Responsibility (PDMR) received 2,986 ordinary shares of 3.5 pence each in the Company ("Ordinary Shares") in accordance with the table set out below.

On 6 and 7 August 2012, Ms Westlake sold a proportion of the shares acquired on the vesting of their awards to fund her tax liabilities.   

PDMR	Number of Ordinary Shares acquired	Number of Ordinary Shares disposed of	Price per Ordinary Share received on disposal (£)	Number of Ordinary Shares in the Plan following this transaction	Number of Ordinary Shares held in ASOS following this transaction
Teresa-Lee Westlake	2,986	1,763	18.358351	1,318	3,564

For further information:

ASOS plc
Nick Robertson, Chief Executive	Tel: [phone]
Nick Beighton, Finance Director
Greg Feehely, Head of Investor Relations
College Hill
Matthew Smallwood / Justine Warren / Jamie Ramsey	Tel: [phone]
J.P. Morgan Cazenove
Luke Bordewich / Gina Gibson	Tel: [phone]
Numis Securities
Alex Ham	Tel: [phone]

 

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