Nicholas Beighton, Director of Asos Plc, a UK-based operator of online fashion and beauty retail stores, has sold 240,000 shares, representing 0.29% stake in the company.

The shares were sold on 23 October 2013, at a price of GBP50 (US$80.81) per share, for gross proceeds of approximately GBP12 million (US$19.394 million). Headquartered in London, the group has performed strongly in 2013, with revenues up 39%to £769.4m f rom £552 .9m in 2012, and profit before tax and except ional items up 23% to £54.7m as the company invested in future growth, particularly in new staff, technology, logistics and marketing.

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Full Name: Nicholas Beighton
Known As: Nick Beighton
Gender: Male
Age: 44
Year of Birth: 1969
Citizenship: United Kingdom
Languages: English

Liquidity Events
23 October 2013: sale of 240,000 shares in Asos Plc for £12 million (US$19.394 million).

 

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Profile:
Nicholas Beighton, Director of Asos Plc, a UK-based operator of online fashion and beauty retail stores, has sold 240,000 shares, representing 0.29% stake in the company.

The shares were sold on 23 October 2013, at a price of GBP50 (US$80.81) per share, for gross proceeds of approximately GBP12million (US$19.394 million).

Headquartered in London, the group has performed strongly in 2013, with revenues up 39%to £769.4m from £552.9m in 2012, and profit before tax and exceptional items up 23% to £54.7m as the company invested in future growth, particularly in new staff, technology, logistics and marketing.