Director/PDMR Shareholding

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

For further information:

ASOS Plc  Greg Feehely, Director of Investor Relations Website: www.asosplc.com/investors	Tel: [phone]
Instinctif Partners Matthew Smallwood / Guy Scarborough	Tel: [phone]
JPMorgan Cazenove  Michael Wentworth-Stanley / Bill Hutchings	Tel: [phone]
Numis Securities Alex Ham / Luke Bordewich	Tel: [phone]

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 customers¹ (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

 

END

 

 

DSHLLFFFSFIDLIT