Directors Deals 

Asos non-exec sells down

Asos non-exec sells down

Asos (ASC) lost its status as junior market royalty last year after losing more than half of its market value on news of weaker first-quarter sales. First-half pre-tax profits were ravaged by hefty investment in logistics and technology, causing them to fall 87 per cent. So investors might be alarmed to see non-executive director Nick Roberston selling £15m-worth of shares in the days following the most recent update.

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