ASOS PLC (ASC) - Director/PDMR Shareholding
RNS Number : 1003Q
01 November 2012
1 November 2012
ASOS PLC ('ASOS' or the 'Company')
As announced on 1 October 2012, the Company is pleased to confirm that Brian
McBride has today joined ASOS as its non-executive Chairman.
Under the terms of his service contract dated 1 October 2012, the Company has
issued 4,434 ordinary shares of 3.5 pence each ("Ordinary Shares") to Mr.
McBride. This grant comprises ASOS Ordinary Shares worth £100,000 when
calculated with reference to the closing price of the Ordinary Shares on 31
October 2012 of £22.55. The grant of these Ordinary Shares represents the
first of three annual grants to Mr. McBride of 4,434 ASOS Ordinary Shares of
3.5 pence each, with the other two grants occurring on 1 November 2013 and 1
November 2014 subject only (in each case) to Mr. McBride still being appointed
as non-executive chairman of the Company on each such date.
Application will be made for the 4,434 new Ordinary Shares to be admitted to
trading on AIM. These new Ordinary Shares will rank pari passu with the
existing Ordinary Shares of the Company and dealings in the new Ordinary
Shares are expected to commence on 7 November 2012.
Following this transaction, Mr. McBride holds 4,434 shares in ASOS plc.
For further information:
Nick Robertson, Chief Executive Officer
Tel: 020 7756
Nick Beighton, Chief Finance
Greg Feehely, Head of Investor Relations
Matthew Smallwood/Justine Warren/Jamie Ramsay
Tel: 020 7457 2020
Tel: 020 7742
Tel:020 7260 1000
This information is provided by RNS
The company news service from the London Stock Exchange
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