Director/PDMR Shareholding

RNS Number : 0254L

ASOS PLC

19 December 2018

 

19 December 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 3,796,414 Ordinary Shares in the Company, representing approximately 4.53% of the Company's issued share capital, as security for any amounts which may be due from time to time under the facility.  The total number of Ordinary Shares in the Company that are pledged in favour of the margin loan facility is 5,046,414, which represents Nicholas Robertson's total shareholding in the Company.

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 6.02% 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	3,796,414
e)	Aggregated information - Aggregated volume - Price - Aggregated total	N/A - Single transaction
f)	Date of the transaction	19 December 2018
g)	Place of the transaction	Outside a trading venue

For further information:

ASOS Plc  Nick Beighton, Chief Executive Officer Greg Feehely, Director of Investor Relations Website: www.asosplc.com/investors	Tel: [phone]
Instinctif Partners Matthew Smallwood / Justine Warren / Tom Berger	Tel: [phone]
JPMorgan Cazenove  Michael Wentworth-Stanley / Caroline Thomlinson/ Bill Hutchings	Tel: [phone]
Numis Securities Alex Ham / Luke Bordewich / Tom Ballard	Tel: [phone]

LEI number: 213800H8DBB8JSKDW630

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.

 

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