Director/PDMR Shareholding

RNS Number : 3000P
ASOS PLC
16 February 2021
 

16 February 2021

 

ASOS Plc

Director/PDMR Shareholding

 

ASOS Plc ('the Company') announces that it was notified on 15 February 2021 that Nick Beighton, Chief Executive Officer, has entered a security arrangement as detailed below. The security arrangement came into effect on 15 February 2021. 

 

This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 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

 Nick Beighton

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 Shares of 3.5 pence each

 

 

 

GB0030927254

b)

Nature of the transaction

The pledge of 10,150 Ordinary shares as security against a personal bank loan. Following the pledge, Nick Beighton's beneficial interest in the Company remains unchanged and he continues to be the beneficial owner of 183,659 Ordinary Shares, comprising 0.18% of the Company's issued share capital.

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

10,150


e)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

 N/A single transaction

 

f)

Date of the transaction

15 February 2021

g)

Place of the transaction

Outside trading venue

 

 

For further information:

 

 

ASOS plc  Tel: 020 7756 1000

Nick Beighton, Chief Executive Officer

Mat Dunn, Chief Financial Officer

Alison Lygo, Investor Relations

Website:  www.asosplc.com/investors

 

Headland Consultancy  Tel: 020 3805 4822

Susanna Voyle/Stephen Malthouse/  Fay Rajaratnam  

 

JPMorgan Cazenove (Nominated Advisor)  Tel: 020 7742 4000

Bill Hutchings/Christopher Wood

 

Numis Securities  Tel: 020 7260 1000

Alex Ham/ Jonathan Wilcox / Tom Jacob  

 

Background note

 

ASOS is an online retailer 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 market-leading app and mobile/desktop web experience, available in ten languages and in over 200 markets, ASOS customers can shop a curated edit of 85,000 products, sourced from 850 of the best global and local third-party brands and its mix of fashion-led in-house labels - ASOS Design, ASOS Edition, ASOS 4505 and Collusion. 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 returns options, including Next-Day and Same-Day Delivery, dispatched from state-of-the-art fulfilment centres in the UK, US and Germany.

ASOS' websites attracted 280.4 million visits during December 2020 (December 20191: 233.8 million) and as at 31 December 2020 it had 24.5 million active customers2 (31 December 2019: 21.7 million), of which 7.6 million were located in the UK and 16.9 million were located in our international territories (31 December 2019: 6.7 million in the UK and 15.0 million internationally).

  1 Restated visits, previously reported number 239.0 million,  2 Defined as having shopped in the last twelve months as at 31 December

 

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