TIDMAO.

RNS Number : 6121C

AO World plc

22 June 2021

22 June 2021

AO WORLD PLC

Appointment of Joint Corporate Broker

AO World plc ("AO"), a leading European online electrical retailer, announces the appointment of Goldman Sachs International as its joint Corporate Broker alongside Jefferies International Ltd and Numis Securities Ltd with immediate effect.

 
 Enquiries 
 
 AO World plc                                +44 (0)7525 147 877 
 Cynthia Alers, Investor Relations                     IR@AO.com 
  Director 
 
 Powerscourt                             Tel: +44(0)20 7250 1446 
 Rob Greening                           ao@powerscourt-group.com 
  Lisa Kavanagh 
  Sam Austrums 
 

About AO

AO World plc, headquartered in Bolton and listed on the London Stock Exchange, is an online electrical retailer, with a mission to be the global destination for electricals. Our strategy is to create value by focussing on being brilliant for our customers to make AO the destination for everything they need, in the simplest and easiest way, when buying electricals.

We sell major and small domestic appliances and a growing range of electrical products in the UK and Germany, delivering them via our in-house logistics business and carefully selected third parties. We also provide ancillary services such as the installation of new and collection of old products and offer product protection plans and customer finance.

In the UK, AO operates in five main categories (Major Domestic Appliances "MDA", Small Domestic Appliances "SDA", Audio Visual "AV" and Consumer Electronics "CE"). Following the acquisition of Mobile Phones Direct Limited in December 2018, AO has significantly broadened its mobile phone category.

AO Business serves the B2B market in the UK, providing electricals and installation services at scale.

AO launched in Germany in October 2014 with MDA and now also sells Floorcare, AV and SDA categories.

AO also has a majority equity stake in AO Recycling, a WEEE processing facility, allowing AO to ensure its customers' electronic waste is dealt with responsibly in the UK and has recently added a state-of-the-art plastics refinement facility to its recycling capability.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

APPEAKKFADKFEFA

(END) Dow Jones Newswires

June 22, 2021 02:00 ET (06:00 GMT)

Ao World (LSE:AO.)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Ao World Charts.
Ao World (LSE:AO.)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Ao World Charts.