LONDON (ShareCast) - (Sharecast News) - Asos co-founder Nick Robertson disposed of 410,000 ordinary shares in the AIM-listed online retailer on Wednesday as part of an effort to fund his £70m divorce settlement.
Robertson, who stepped down as chief executive of ASOS in 2015, sold the shares at an average price of 3,722.50p each, for a total value of £15.26m.

The former CEO was ordered to dole out roughly a third of his £220m fortune to ex-wife Janine following a public trial back in 2016.

Following the transaction, Robertson holds 4.63m ordinary shares in Asos, representing 5.53% of the company's issued share capital.

As of 1625 BST, Asos shares had picked up 3.24% to 3,883p.

Top Director Buys

Crest Nicholson Holdings (CRST)

Director name: Mr Peter Truscott

Amount purchased: 60,000 @ 396.00p

Value: £237,600



Crest Nicholson Holdings (CRST)

Director name: Mr Peter Truscott

Amount purchased: 60,000 @ 396.00p

Value: £237,600



Fireangel Safety Technology Group (FA.)

Director name: Mr Nicholas (Nick) Alexander Rutter

Amount purchased: 800,000 @ 20.00p

Value: £160,000



Beazley (BEZ)

Director name: Mr John Reizenstein

Amount purchased: 10,000 @ 558.62p

Value: £55,862



Hipgnosis Songs Fund Limited NPV (SONG)

Director name: Mr Simon Holden

Amount purchased: 20,000 @ 102.00p

Value: £20,400



Fireangel Safety Technology Group (FA.)

Director name: Mr Graham Reginald Alexander Whitworth

Amount purchased: 78,461 @ 20.00p

Value: £15,692



Fireangel Safety Technology Group (FA.)

Director name: Mr William James Benedict Payne

Amount purchased: 65,384 @ 20.00p

Value: £13,077



Hipgnosis Songs Fund Limited NPV (SONG)

Director name: Mr Andrew Wilkinson

Amount purchased: 10,000 @ 102.00p

Value: £10,200



Top Director Sells

ASOS (ASC)

Director name: Mr Nicholas Robertson

Amount sold: 410,000 @ 3,722.50p

Value: £15,262,250



Gamma Communications (GAMA)

Director name: Mr Andrew Jonathan Stone

Amount sold: 200,000 @ 1,095.00p

Value: £2,190,000



Rathbone Brothers (RAT)

Director name: Mr Andrew Butcher

Amount sold: 1,670 @ 2,395.00p

Value: £39,996



Computacenter (CCC)

Director name: Mr Raymond Gray

Amount sold: 1,529 @ 1,060.00p

Value: £16,207

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