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ASOS PLC - Grant of SAYE Options & Director/PDMR Shareholding

RNS Number : 9852G
ASOS PLC
30 November 2020
 

30 November 2020

ASOS Plc

(the "Company")

 

Grant of SAYE Options & Director/PDMR Shareholding

 

The Company announces that on 27 November 2020 it made a grant of options under the Company's Save As You Earn share scheme, which is available to all employees.

 

Eligible employees were invited to subscribe for options over the Company's ordinary shares of 3.5 pence each ("Ordinary Shares") at an exercise price of £35.27, representing a 20% discount to the closing middle market price of the Ordinary Shares on 30 October 2020, the dealing day before the invitation to participate was made ("SAYE Options"). The SAYE Options have a contract start date of 27 November 2020 and are exercisable between 2 January 2024 and 2 July 2024.

 

A total of 445 employees elected to participate, and pursuant to these elections a total of 86,170 SAYE Options have been issued.

 

Nick Beighton, Chief Executive Officer, has elected to subscribe for SAYE Options which are included in the total figures above and detailed further in the table below.

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 Nick Beighton

2

Reason for the notification

a)

Position/status

 PDMR - 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

3-year option over ordinary shares of 3.5p each

 

 

 

 

GB0030927254

b)

Nature of the transaction

Subscription for SAYE Options

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Volume(s)

£35.27

510


e)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

 N/A single transaction

 

f)

Date of the transaction

 27 November 2020

g)

Place of the transaction

Outside a trading venue

 

For further information:

 

ASOS Plc

Nick Beighton, Chief Executive Officer

Mat Dunn, Chief Financial Officer

Alison Lygo, Investor Relations

Website: www.asosplc.com/investors

 

Tel: 020 7756 1000

Headland Consultancy

Susanna Voyle / Stephen Malthouse / Fay Rajaratnam

 

Tel: 020 3805 4822

JPMorgan Cazenove

Bill Hutchings / Christopher Wood

           

Tel: 020 7742 4000

Numis Securities

Alex Ham / Luke Bordewich

Tel: 020 7260 1000

 

 

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's websites attracted 233.4m visits during August 2020 (August 2019: 187.4m) and as at 31 August 2020 had 23.4m active customers1 (31 August 2019: 20.3m), of which 7.1m were located in the UK and 16.3m were located in international territories (31 August 2019: 6.4m in the UK and 13.9m internationally).

 

1 Defined as having shopped in the last 12 months as at 31 August

 

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Market: AIM
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