TIDMASC
RNS Number : 1706C
ASOS PLC
18 February 2022
18 February 2022
This announcement is an advertisement for the purposes of the
Prospectus Regulation Rules of the Financial Conduct Authority and
not a prospectus. This announcement does not constitute or form
part of, and should not be construed as, an offer for sale or
subscription of, or solicitation of any offer to subscribe for or
to acquire, any ordinary shares of ASOS Plc in any jurisdiction,
including in or into the United States, Australia, Canada, Japan,
the Republic of South Africa or in any other jurisdiction.
ASOS Plc
("ASOS" or the "Company")
Publication of Prospectus
Further to the announcement made on 13 January 2022, ASOS is
pleased to announce the publication of a prospectus (the
"Prospectus") in relation to the proposed admission of its ordinary
shares (the "Ordinary Shares") to the premium listing segment of
the Official List of the Financial Conduct Authority (the "FCA")
and to trading on the main market for listed securities (the "Main
Market") of London Stock Exchange plc (the "London Stock Exchange")
(together, "Admission").
It is expected that: (i) the Ordinary Shares will be admitted to
the premium listing segment of the Official List and to trading on
the Main Market at 8.00 a.m. on 22 February 2022; and (ii) the
Ordinary Shares will be delisted from AIM at 7.00 a.m. on 22
February 2022. The last day of trading of the Company's Ordinary
Shares on AIM is therefore expected to be 21 February 2022.
The Company is not offering any new Ordinary Shares nor any
other securities in connection with the proposed Admission.
Following Admission, the Company's Ordinary Shares will continue to
be registered with their existing ISIN of: GB0030927254. The
Company's ticker symbol will continue to be ASC.
The Company's shareholders should consult their own tax advisers
as to the tax implications of the Company's proposed move to the
Main Market.
The Prospectus has been approved by the FCA and will shortly be
available to view on ASOS' website, www.asosplc.com. A copy of the
Prospectus will be submitted to the National Storage Mechanism and
will be available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism .
Mat Dunn, ASOS COO & CFO, said: "ASOS has set out a clear
plan to deliver an ambitious growth strategy over the next three to
four years and to deliver on the sizeable opportunities ahead for
our business. Against this backdrop, the time is now right to move
to the Main Market. I would like to take this opportunity to thank
the teams who worked so hard over the past few months getting ready
for today, and to all ASOSers for their ongoing dedication and
commitment."
For further information:
ASOS Plc Tel: 020 7756 1000
Mathew Dunn, Chief Operating Officer
& Chief Financial Officer
Taryn Rosekilly, Director of Investor
Relations
Website: http://www.asosplc.com/investor-relations
Headland Consultancy Tel: 020 3805 4822
Susanna Voyle/Stephen Malthouse
J.P. Morgan Cazenove Tel: 020 7742 4000
Bill Hutchings/Will Vanderspar
Numis Securities Tel: 020 7260 1000
Alex Ham/ Jonathan Wilcox/Tom Jacob
Berenberg Tel: 020 3207 7800
Michelle Wilson/Jen Clarke
Background note
ASOS is an online destination for fashion-loving 20-somethings
around the world. ASOS' vision is to be the go-to destination for
such fashion-loving 20-somethings. Through ASOS' mobile app and web
experience, customers can shop a curated edit of approximately
90,000 products, sourced from nearly 900 global and local partner
brands, alongside a mix of fashion-led in-house labels including
Topshop, Topman, Miss Selfridge, HIIT, ASOS DESIGN, ASOS EDITION,
ASOS 4505, Collusion and Reclaimed Vintage.
Important information
This announcement may include statements that are, or may be
deemed to be, "forward-looking statements" (including words such as
"believe", "expect", "estimate", "intend", "anticipate" and words
of similar meaning). By their nature, forward-looking statements
involve risk and uncertainty since they relate to future events and
circumstances, and actual results may, and often do, differ
materially from any forward-looking statements. Any forward-looking
statements in this announcement reflect management's view with
respect to future events as at the date of this announcement. Save
as required by applicable law, the Company undertakes no obligation
to publicly revise any forward-looking statements in this
announcement, whether following any change in its expectations or
to reflect events or circumstances after the date of this
announcement.
This announcement does not constitute an offer to sell, or the
solicitation of an offer to acquire or subscribe for, shares in the
Company in any jurisdiction. The distribution of this announcement
outside the UK may be restricted by law. No action has been taken
by the Company that would permit possession of this announcement in
any jurisdiction outside the UK where action for that purpose is
required. Persons outside the UK who come into possession of this
announcement should inform themselves about the distribution of
this announcement in their particular jurisdiction.
The Company's ordinary shares have not been, and will not be,
registered under the US Securities Act of 1933, as amended (the "US
Securities Act"), or under the securities laws of any state or
other jurisdiction of the United States. The ordinary shares may
not be offered, sold, resold, transferred or delivered, directly or
indirectly, within the United States, except pursuant to an
exemption from, or in a transaction not subject to, the
registration requirements of the US Securities Act and in
compliance with any applicable securities laws of any state or
other jurisdiction in the United States.
J.P. Morgan Securities plc (which conducts its UK investment
banking activities as J.P. Morgan Cazenove) ("J.P. Morgan"), which
is authorised by the Prudential Regulatory Authority (the "PRA")
and regulated in the United Kingdom by the PRA and the FCA, is
acting exclusively for the Company and no one else in connection
with Admission and it will not regard any other person as a client
in relation to Admission and will not be responsible to anyone
other than the Company for providing the protections afforded to
its clients or for providing advice in relation to Admission or any
other transaction, matter, or arrangement referred to in this
announcement.
This announcement has been issued by, and is the sole
responsibility of, the Company. No representation or warranty,
express or implied, is or will be made as to, or in relation to,
and no responsibility or liability is or will be accepted by J.P.
Morgan or by any of its affiliates, directors, officers, employees,
advisers or agents as to or in relation to, the accuracy or
completeness of this announcement or any other written or oral
information made available to or publicly available to any
interested party or its advisers, and any liability therefore is
expressly disclaimed.
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END
PDISFLFEAEESEIE
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February 18, 2022 07:58 ET (12:58 GMT)
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