Director/PDMR Shareholding

RNS Number : 1110Q
ASOS PLC
24 June 2022
 

24 June 2022

ASOS Plc

(the "Company")

 

Director/PDMR Shareholding

 

On 23 June 2022, José Antonio Ramos Calamonte, Chief Executive Officer, was granted an award under the ASOS Plc Long-Term Incentive Scheme (the "ALTIS"). The award was granted as nil-cost options over Ordinary Shares.  The award will vest on 31 October 2024 and is subject to the achievement of performance conditions.

 

This notification is made in accordance with UK Market Abuse Regulations (Regulation (EU) 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

José Antonio Ramos Calamonte

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

Award of conditional shares under the ASOS Long Term Incentive Scheme ("ALTIS"), subject to performance conditions measured over the period 1 September 2021 - 31 August 2024 as below:

 

25% TSR

30% EPS

30% Revenue growth

15% ESG

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

20,612

e)

Aggregated information

 

- Aggregated volume

- Price

- Aggregated total

N/A single transaction

f)

Date of the transaction

23 June 2022

g)

Place of the transaction

London Stock Exchange

 

For further information:

ASOS Plc

Tel: 020 7756 1000

José Antonio Ramos Calamonte, Chief Executive Officer

Mathew Dunn, Chief Operating Officer & Chief Financial Officer

Taryn Rosekilly, Director of Investor Relations

Website: www.asosplc.com/investor-relations




Headland Consultancy

Tel: 020 3805 4822

Susanna Voyle / Stephen Malthouse




JPMorgan Cazenove

Tel: 020 7742 4000

Bill Hutchings / Will Vanderspar




Numis Securities

Tel: 020 7260 1000

Alex Ham / Jonathan Wilcox / Tom Jacob




Berenberg

Tel: 020 3207 7800

Michelle Wilson / Jen Clarke


 

Background note

 

ASOS is a destination 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 app and mobile/desktop web experience, available in ten languages and in over 200 markets, ASOS customers can shop a curated edit of over 100,000 products, sourced from nearly 900 global and local third-party brands alongside a mix of fashion-led own-brand labels - ASOS Design, ASOS Edition, ASOS 4505, Collusion, Reclaimed Vintage, Topshop, Topman, Miss Selfridge and HIIT. 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 delivery and return options, including Next-Day Delivery and Same-Day Delivery, dispatched from state-of-the-art fulfilment centres in the UK, US and Germany.

 

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