ASOS Plc has applied to the London Stock Exchange for a block listing of 400,000 new ordinary shares, each with a nominal value of 3.5 pence, according to a regulatory filing.
The shares will be issued fully paid and rank equally with existing ordinary shares. The admission is projected to take effect on August 28, 2026, pending regulatory approval.
Half of the new shares, totaling 200,000, will be allocated to satisfy awards under the ASOS Plc Long-Term Incentive Scheme. The remaining 200,000 shares will cover options granted under the ASOS Plc Sharesave Plan. Both programs are designed to support employee retention and performance alignment.
ASOS operates as an online fashion retailer with 17 million active customers across more than 100 markets. The company has not disclosed the expected proceeds from the share issuance, which is tied to employee compensation rather than capital raising.
