AO World plc Director/PDMR Shareholding (4340H)
July 27 2023 - 05:15AM
UK Regulatory (RNS & others)
TIDMAO.
RNS Number : 4340H
AO World plc
27 July 2023
AO World PLC ("the Company")
Director/ PDMR Dealing Notification
On 20 July 2023 nil-cost share awards granted under the
Company's AO Incentive Plan 2018 (as amended) (2020 grant) vested,
including to persons discharging managerial responsibilities
("PDMRs"). Following such vesting event, on 25 July 2023 Mark
Higgins, CFO and a PDMR of the Company:
(a) exercised half of his vested 2020 nil-cost share options for
107,629 ordinary shares of 0.25p each in the capital of the Company
("Shares"); and
(b) subsequently sold the Shares resulting from such
exercise.
Further details are below.
Name/PDMR Number Number of share Sale price Number of share
of share options exercised, per share options retained
options and shares subsequently
vested sold
under the
2020 grant
John Roberts 284,900 None n/a 284,900
------------ --------------------------- ------------- ------------------
Mark Higgins 215,258 107,629 GBP0.9762 107,629
------------ --------------------------- ------------- ------------------
Details of all options held by the Executives are set out in the
Company's annual report at www.ao-world.com.
The Notification of Dealing Forms provided in accordance with
the requirements of Article 19 of the Market Abuse Regulation in
relation to Mr Higgins' transactions are set out below.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY
ASSOCIATED WITH THEM
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Mark Higgins
===============================
2 Reason for the notification
a) Position/status PDMR - Chief Financial Officer
===============================
b) Initial notification/Amendment Initial Notification
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name AO World PLC
b) LEI 2138005FFOAJIUZY4375
===============================
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 Ordinary shares of 0.25p each
the financial
instrument, type
of instrument
GB00BJTNFH41
Identification
code
===============================
b) Nature of the Exercise of certain share options granted
transaction pursuant to the AO Incentive Plan 2018 (as
amended) (2020 grant)
c) Price(s) and volume(s) Price(s) Volume(s)
GBPnil 107,629
----------
===============================
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 25 July 2023
===============================
f) Place of the transaction Outside a trading venue
=== =============================== ============================================
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Mark Higgins
==================================
2 Reason for the notification
a) Position/status PDMR - Chief Financial Officer
==================================
b) Initial notification/Amendment Initial Notification
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name AO World LPLC
b) LEI 2138005FFOAJIUZY4375
==================================
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 Ordinary shares of 0.25p each
the financial
instrument, type
of instrument
GB00BJTNFH41
Identification
code
==================================
b) Nature of the Sale of 107,629 ordinary shares
transaction
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.9762 107,629
----------
==================================
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 25 July 2023
==================================
f) Place of the transaction London Stock Exchange (XLON)
=== ================================== ===================================
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END
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