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The Jolly Foundation, a person closely associated with AO World plc CEO John Roberts, sold a total of 600,000 ordinary shares in AO World plc. These shares were sold at 95.00p per share across three transactions on May 13, 14, and 15, 2025, resulting in The Jolly Foundation holding 4,047,115 shares.
| Date | 16 May 2025 |
| Time | 14:18:28 |
| Category | Director/PDMR dealings |
| ID | 0692J |
AO World plc (the "Company")
Director / PDMR Shareholding
On 16 May 2025, the Company received notification that The Jolly Foundation, a registered charity and private company limited by guarantee, of which John Roberts (a director and Chief Executive Officer of the Company) is a trustee, member and director, sold: 75,000 shares at a price of 95.00p per share on 13 May 2025; 175,000 shares at a price of 95.00p per share on 14 May 2025; and 350,000 shares at a price of 95.00p per share on 15 May 2025.
As a result of the transactions, The Jolly Foundation holds 4,047,115 shares.
The Notification of Dealing Forms provided in accordance with the requirements of UK MAR in relation to the transactions are set out below:
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
The Jolly Foundation |
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2 |
Reason for the notification |
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|
a) |
Position/status |
The Jolly Foundation is a person closely associated with John Roberts, a PDMR occupying the position of a director of the Company and the Chief Executive Officer |
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|
b) |
Initial notification/Amendment |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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|
a) |
Name |
AO World PLC |
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b) |
LEI |
2138005FFOAJIUZY4375 |
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|
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 |
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|
a) |
Description of the financial instrument, type of instrument and identification code |
Ordinary shares of 0.25p each |
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|
b) |
Nature of the transaction |
Sale |
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|
c) |
Price(s) and volume(s) |
|
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|
d) |
Aggregated information - Aggregated volume - Price |
As above
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e) |
Date of the transaction |
13 May 2025 |
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f) |
Place of the transaction |
London Stock Exchange |
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|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
The Jolly Foundation |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
The Jolly Foundation is a person closely associated with John Roberts, a PDMR occupying the position of a director of the Company and the 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 and identification code |
Ordinary shares of 0.25p each |
||||
|
b) |
Nature of the transaction |
Sale |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
As above
|
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|
e) |
Date of the transaction |
14 May 2025 |
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|
f) |
Place of the transaction |
London Stock Exchange |
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|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
The Jolly Foundation |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
The Jolly Foundation is a person closely associated with John Roberts, a PDMR occupying the position of a director of the Company and the 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 and identification code |
Ordinary shares of 0.25p each |
||||
|
b) |
Nature of the transaction |
Sale |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
As above
|
||||
|
e) |
Date of the transaction |
15 May 2025 |
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|
f) |
Place of the transaction |
London Stock Exchange |
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