AO World plc Appointment of Joint Broker (6121C)
June 22 2021 - 2:00AM
UK Regulatory
TIDMAO.
RNS Number : 6121C
AO World plc
22 June 2021
22 June 2021
AO WORLD PLC
Appointment of Joint Corporate Broker
AO World plc ("AO"), a leading European online electrical
retailer, announces the appointment of Goldman Sachs International
as its joint Corporate Broker alongside Jefferies International Ltd
and Numis Securities Ltd with immediate effect.
Enquiries
AO World plc +44 (0)7525 147 877
Cynthia Alers, Investor Relations IR@AO.com
Director
Powerscourt Tel: +44(0)20 7250 1446
Rob Greening ao@powerscourt-group.com
Lisa Kavanagh
Sam Austrums
About AO
AO World plc, headquartered in Bolton and listed on the London
Stock Exchange, is an online electrical retailer, with a mission to
be the global destination for electricals. Our strategy is to
create value by focussing on being brilliant for our customers to
make AO the destination for everything they need, in the simplest
and easiest way, when buying electricals.
We sell major and small domestic appliances and a growing range
of electrical products in the UK and Germany, delivering them via
our in-house logistics business and carefully selected third
parties. We also provide ancillary services such as the
installation of new and collection of old products and offer
product protection plans and customer finance.
In the UK, AO operates in five main categories (Major Domestic
Appliances "MDA", Small Domestic Appliances "SDA", Audio Visual
"AV" and Consumer Electronics "CE"). Following the acquisition of
Mobile Phones Direct Limited in December 2018, AO has significantly
broadened its mobile phone category.
AO Business serves the B2B market in the UK, providing
electricals and installation services at scale.
AO launched in Germany in October 2014 with MDA and now also
sells Floorcare, AV and SDA categories.
AO also has a majority equity stake in AO Recycling, a WEEE
processing facility, allowing AO to ensure its customers'
electronic waste is dealt with responsibly in the UK and has
recently added a state-of-the-art plastics refinement facility to
its recycling capability.
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END
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