Business
Grant of Options
Grant of Options.
About this update from Asos Plc
[{"type":"text","content":"\n ASOS PLC\n10 July 2007\n\n\n ASOS plc ('ASOS' or the 'Company')\n\n Awards under Performance Share Plan\n\nOn 10 July 2007, ASOS granted awards under the ASOS Performance Share Plan 2006\n(the 'PSP'), further details of which are set out below. These awards comprise\nconditional allocations of ordinary shares of 3.5 pence each in the Company\n('Ordinary Shares') which will vest on the third anniversary of grant, subject\nto the satisfaction of the relevant performance conditions set by the\nremuneration committee.\n\nName Total number of Ordinary Shares Amount of award\n\nNicholas Robertson, Chief\nExecutive 195,833 £235,000\n\nRobert Bready, Retail\nDirector 218,750 £262,500\n\nJonathan Kamaluddin,\nFinance Director 175,000 £210,000\n\nNote:\n\nFor the purposes of determining the number of Ordinary Shares comprised in an\nAward, the market value of an Ordinary Share shall be equal to the average of\nthe middle-market quotation of an Ordinary Share on the dealing day immediately\npreceding the Grant Date; being 120p on 9 July 2007.\n\nThe Ordinary Shares to satisfy the above awards will be purchased by the trustee\nof the PSP in the market in accordance with the rules of the PSP, and a further\nappropriate announcement will be made in due course.\n\nASOS plc\nNick Robertson, Chief Executive Tel: 0207 756 1000\nJon Kamaluddin, Finance Director\nWebsite: www.asos.com\n\nCubitt Consulting\nBrian Coleman-Smith / Nia Thomas / Leanne Denman Tel: 020 7367 5100\n\nSeymour Pierce\nMark Percy / Nicola Marrin Tel: 020 7107 8000\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":2058,"tagName":"div"}]