ASOS plc’s Move From AIM to The LSE Main Market

In UK Slaughter and May, advised on the matter.

Slaughter and May advised ASOS plc with a team including Claire Jackson (Equity Capital Markets), Andrew Jolly (Picture – Equity Capital Markets), Philip Linnard (Executive Compensation), Mike Lane (Tax M&A and Deal Advisory).

ASOS plc moved from AIM to the London Stock Exchange Main Market which was announced on 13 January 2022.

ASOS intends to apply for its ordinary shares to be admitted to the premium listing segment of the Official List and to trading on the Main Market of the London Stock Exchange. ASOS’ existing listing on AIM will be cancelled with effect from Admission. ASOS is currently preparing a Prospectus in connection with its application for Admission, which is expected to take place by the end of February 2022.

Admission to the LSE Main Market is intended to be effected through an introduction of ASOS’ existing ordinary shares. ASOS is not raising any funds or offering any new securities in connection with Admission. 

Slaughter and May’s team included Andrew Jolly (Picture), Partner, Claire Jackson, Partner, Yvonne Lee, Senior Counsel, Kathryn Warden, Associate, David Griffith-Jones, Associate, Riva Bhalla  Associate, Daniel Lee, Trainee, James Smith, Trainee, Phil Linnard, Partner, Ian Brown, Senior Counsel, Chloe Sanderson, Associate, Mike Lane, Partner and Alex Sim, Associate.

Involved fees earner: Riva Bhalla – Slaughter and May; Ian Brown – Slaughter and May; David Griffith-Jones – Slaughter and May; Claire Jackson – Slaughter and May; Andrew Jolly – Slaughter and May; Mike Lane – Slaughter and May; Yvonne Lee – Slaughter and May; Philip Linnard – Slaughter and May; Chloe Sanderson – Slaughter and May; Alex Sim – Slaughter and May; Kathryn Warden – Slaughter and May;

Law Firms: Slaughter and May;

Clients: ASOS plc;

Author: Giulia Di Palma