Business
Results of Retail Offer
Results of Retail Offer.
About this update from Asos Plc
[{"type":"text","content":"\n\nTHIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE, TRANSMISSION, DISTRIBUTION OR FORWARDING, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, RELEASE OR DISTRIBUTION WOULD BE UNLAWFUL.\nFURTHER, THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND IS NOT AN OFFER OF SECURITIES IN ANY JURISDICTION.\nPLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT.\nLEI: 213800H8DBB8JSKDW630\nFor immediate release\n26 May 2023\nASOS plc\n(\"ASOS\" or \"the Company\")\nResults of Retail Offer\nASOS announces the successful completion of the retail offer of new ordinary shares in the capital of the Company (\"Ordinary Shares\") via the PrimaryBid platform (the \"Retail Offer\") that was announced yesterday. Retail investors have subscribed via the PrimaryBid platform for a total of 1,155,509 new Ordinary Shares (the \"Retail Offer Shares\") at an issue price of 418.1 pence per share, raising gross proceeds of £4,831,183 and representing approximately 1.2 per cent of the Company's issued share capital prior to the Equity Raise (as defined below).\nThis follows the successful completion of the fully underwritten non-pre-emptive cash placing of Ordinary Shares that was announced earlier today (the \"Placing\").\nIn aggregate, the Placing and the Retail Offer (the \"Equity Raise\") comprises 19,093,801 new Ordinary Shares, representing approximately 19.1 per cent of the Company's existing issued share capital, and raising gross proceeds of approximately £80 million.\nThe Retail Offer Shares will, when issued, be credited as fully paid and rank pari passu in all respects with each other, the shares to be issued under the Placing and with the existing Ordinary Shares, including, without limitation, the right to receive all dividends and other distributions declared, made or paid after the date of issue.\nApplications have been made to the Financial Conduct Authority (the \"FCA\") for admission of the Retail Offer Shares to the premium listing segment of the Official List maintained by the FCA and to the London Stock Exchange plc (the \"LSE\") for admission of the Retail Offer Shares to trading on the LSE's main market for listed securities (togeth...