TIDMAO.

RNS Number : 3991B

AO World plc

03 April 2017

For release: 3 April 2017

AO World plc (the "Company")

Director / PDMR Shareholder

The Company received notification today of the following transactions in the ordinary shares of the Company by John Roberts, Founder Director, and Steve Caunce, Chief Executive Officer:

 
               Date            Number         Consideration   Resultant             Resultant 
   Director     of transfer     of shares      per share       Beneficial            Beneficial 
                                transferred    (pence)         Holding               % holding 
                                to charity 
------------  --------------  -------------  --------------  --------------------  ------------ 
 John          03 April 
  Roberts       17                1,407,407             Nil           109,339,261        23.83% 
------------  --------------  -------------  --------------  --------------------  ------------ 
 Steve         03 April 
  Caunce*       17                  820,000             Nil            51,925,815        11.32% 
------------  --------------  -------------  --------------  --------------------  ------------ 
 

* Steve Caunce's interest in this transaction comprises a gift of 600,000 shares held in his own name and 220,000 shares held through a person closely associated with him, as such term is defined in the EU Market Abuse Regulations (MAR), Linda Caunce.

The Notification of Dealing Forms provided in accordance with the requirements of MAR in relation to the transactions listed above 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                             John Roberts 
===  ===============================  ============================== 
 2    Reason for the notification 
 a)   Position/status                  Founder, Executive Director 
===  ===============================  ============================== 
 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                      Ordinary shares of 0.25p each 
       of the financial 
       instrument, 
       type of instrument 
===  ===============================  ============================== 
 b)   Nature of                        Gift to charity 
       the transaction 
 c)   Price(s) and                          Price(s)    Volume(s) 
       volume(s)                           ----------  ---------- 
                                               NIL      1,407,407 
                                           ----------  ---------- 
===  ===============================  ============================== 
 d)   Aggregated                       As above 
       information 
       - Aggregated 
       volume 
       - Price 
 e)   Date of the                      3 April 2017 
       transaction 
===  ===============================  ============================== 
 f)   Place of the                     London, England 
       transaction 
===  ===============================  ============================== 
 

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                             Steve Caunce 
===  ===============================  ============================== 
 2    Reason for the notification 
 a)   Position/status                  Chief Executive 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                      Ordinary shares of 0.25p each 
       of the financial 
       instrument, 
       type of instrument 
===  ===============================  ============================== 
 b)   Nature of                        Gift to charity 
       the transaction 
 c)   Price(s) and                          Price(s)    Volume(s) 
       volume(s)                           ----------  ---------- 
                                                NIL       600,000 
                                           ----------  ---------- 
===  ===============================  ============================== 
 d)   Aggregated                       As above 
       information 
       - Aggregated 
       volume 
       - Price 
 e)   Date of the                      3 April 2017 
       transaction 
===  ===============================  ============================== 
 f)   Place of the                     London, England 
       transaction 
===  ===============================  ============================== 
 

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                             Linda Caunce 
 2    Reason for the notification 
 a)   Position/status                  Person Closely Associated with 
                                        Steve Caunce (Chief Executive 
                                        Officer of AO World plc) 
 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                      Ordinary shares of 0.25p each 
       of the financial 
       instrument, 
       type of instrument 
 b)   Nature of                        Gift to charity 
       the transaction 
 c)   Price(s) and                          Price(s)    Volume(s) 
       volume(s)                            ----------  ---------- 
                                                NIL       220,000 
                                            ----------  ---------- 
 d)   Aggregated                       As above 
       information 
       - Aggregated 
       volume 
       - Price 
 e)   Date of the                      3 April 2017 
       transaction 
 f)   Place of the                     London, England 
       transaction 
===  ===============================  =============================== 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHUGUCWCUPMGPW

(END) Dow Jones Newswires

April 03, 2017 08:37 ET (12:37 GMT)

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