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ASOS plc ( (GB:ASC) ) has shared an announcement.
ASOS Plc announced a block listing application for 320,000 new ordinary shares on the London Stock Exchange, with an expected admission date of 11 February 2025. Of these, 300,000 shares will be allocated under the ASOS Plc Long-Term Incentive Scheme, while 20,000 shares will be for the ASOS Plc Sharesave Plan. The new shares will be fully paid and rank equally with existing shares, providing a strategic move to support employee incentive programs.
More about ASOS plc
Founded in 2000, ASOS is a prominent player in the fashion retail industry, catering to fashion enthusiasts globally with a customer base of 20 million across over 200 markets. The company offers a diverse range of fashion products under its own brands like ASOS DESIGN, ASOS EDITION, COLLUSION, Topshop, and Topman, complemented by local and global partner brands. ASOS leverages an expert in-house design team and a flexible commercial model, including ASOS Fulfilment Services, to deliver the latest trends and empower customers’ self-expression.
YTD Price Performance: -9.88%
Average Trading Volume: 287,219
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £477.9M
For a thorough assessment of ASC stock, go to TipRanks’ Stock Analysis page.
