REG - AO World plc - Director/PDMR Shareholding

AO WorldAnnouncement

02/10/2025 13:30

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RNS Number : 8664B  AO World plc  02 October 2025

AO World PLC

PDMR Notification

 

AO World PLC ("the Company") has, in accordance with the Company's
remuneration policy, granted awards over a total of 4,299,788* ordinary shares
to PDMRs and members of its senior management population under the terms of
the AO Incentive Plan, which was approved by shareholders of the Company on 19
July 2018 as amended ("Plan") ("the 2025 AOIP Share Awards").

The 2025 AOIP Share Awards were granted to PDMRs on 2 October 2025 and will be
released in July 2028, subject to the participants remaining in employment
with the Company and the Remuneration Committee being satisfied with the
underlying performance of the Company's business over the deferral period.

The following options were granted to PDMRs:

  Name         Position                                                   Maximum Number of shares under option granted under the 2025 AOIP Share Awards
                                                                          under the Plan
 John Roberts  Chief Executive Officer                                    889,173
 Mark Higgins  Group Chief Financial Officer and Chief Operating Officer  652,035

*The price used to calculate the maximum number of shares under the 2025 AOIP
Share Awards was £0.9496, being the average closing price of the Company's
shares on the main market of the London Stock Exchange on the five days
following the release of the Company's preliminary announcement of its result
for the year ended 31 March 2025.

In relation to John Roberts and Mark Higgins, both Executive Directors of the
Company, the value of the grants detailed above are disclosed in the Company's
Annual Report and Accounts for the year ended 31 March 2025, which was
published on 3 July 2025.

The notifications below, made under article 19.1 of the Market Abuse
Regulation ("MAR"), relate to the transactions listed above.  This
announcement is made in accordance with Article 19.3 of MAR.

Enquiries:

AO World PLC

cosec@ao.com

 

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                                              PDMR - 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 of the financial instrument, type of instrument  Options over Ordinary shares of 0.25p each
 b)  Nature of the transaction                                    Grant of share awards under the AO Incentive Plan

 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                  NIL       889,173

 d)  Aggregated information

     - Aggregated volume                                          N/A Single Transaction

     - Price                                                      NIL
 e)  Date of the transaction                                      2 October 2025
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

- Aggregated volume

- Price

 

N/A Single Transaction

NIL

e)

Date of the transaction

2 October 2025

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 - Group Chief Financial Officer and Chief Operating 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 the financial instrument, type of instrument  Options over Ordinary shares of 0.25p each
 b)  Nature of the transaction                                    Grant of share awards under the AO Incentive Plan

 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                  NIL       652,035

 d)  Aggregated information

     - Aggregated volume                                          N/A Single Transaction

     - Price                                                      NIL
 e)  Date of the transaction                                      2 October 2025
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

- Aggregated volume

- Price

 

N/A Single Transaction

NIL

e)

Date of the transaction

2 October 2025

f)

Place of the transaction

Outside a trading venue

 

 

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