7th Aug 2009 15:02
7 August 2009
ASOS plc
("ASOS" or "the Company")
Additional Listing and Director's Shareholding
The Company has been notified that Robert Bready, Product and Trading Director, has exercised options over 285,000 ordinary shares of 3.5 pence each ("Ordinary Shares") at an exercise price of 98 pence per share for 125,000 Ordinary Shares and 53.5 pence per share for 160,000 Ordinary Shares. Following this exercise, Mr. Bready sold 285,000 Ordinary Shares at 340 pence per share. After this transaction, Mr. Bready continues to hold 30,000 shares in the Company and holds no further options under the Company's share schemes.
In addition, Jon Kamaluddin, International Director, has exercised options over 161,739 Ordinary Shares at an exercise price of 43.50 pence per share for 10,000 Ordinary Shares and 58.25 pence per share for 151,739 Ordinary Shares. Following this exercise, Mr. Kamaluddin sold 161,739 Ordinary Shares at 340 pence per share. After this transaction, Mr. Kamaluddin holds no shares in the Company and continues to hold share options over a further 309,261 shares under the Company's share schemes.
The Company has also been notified that two other employees have exercised options over 43,590 Ordinary Shares which had been granted under one of the Company's share option schemes.
Application will be therefore made for the 490,329 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 14 August 2009.
For further information:
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ASOS plc |
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Nick Robertson, Chief Executive |
Tel: 020 7756 1000 |
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Nick Beighton, Finance Director |
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Cubitt Consulting |
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Brian Coleman-Smith / Nicola Krafft |
Tel: 020 7367 5100 |
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J.P. Morgan Cazenove |
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Luke Bordewich / Gina Gibson |
Tel: 020 7588 2828 |
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Numis Securities |
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Alex Ham / Mark Lander |
Tel: 020 7260 1000 |
Related Shares:
ASOS