Picture of Ocado logo

OCDO Ocado News Story

0.000.00%
gb flag iconLast trade - 00:00
Consumer CyclicalsHighly SpeculativeLarge CapSucker Stock

REG - Ocado Group PLC - Director/PDMR Shareholding

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240315:nRSO1235Ha&default-theme=true

RNS Number : 1235H  Ocado Group PLC  15 March 2024

DIRECTOR/PDMR NOTIFICATION

OCADO GROUP PLC

15 March 2024

Ocado Group plc

Director/PDMR Notification

Ocado Group plc (the "Company") makes the following announcement regarding its
PDMRs' participation in The Ocado Share Incentive Plan (the "SIP"). The SIP is
a HMRC approved tax-advantaged all-employee share scheme that was approved by
shareholders at the Company's Annual General Meeting on 11 May 2011. Under it,
employees are able to purchase ordinary shares in the Company at market value
("Partnership Shares"), using deductions from salary each month, and receive
allocations of matching ordinary shares ("Matching Shares").

 1   Details of the person discharging managerial responsibilities/person closely
     associated

 a)  Name                                                         Tim Steiner

 2   Reason for the notification

 a)  Position/status                                              Chief Executive Officer

 b)  Initial notification/ Amendment                              Initial notification

 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor

 a)  Name                                                         Ocado Group plc

 b)  LEI                                                          213800LO8F61YB8MBC74

 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted

 a)  Description of the financial instrument, type of instrument  Ordinary shares in Ocado Group plc

     Identification code

                                                                  ISIN GB00B3MBS747
 b)  Nature of the transaction                                    Monthly purchase of securities ("Partnership Shares") under the Share

                                                            Incentive Plan.

 c)  Price(s) and volume(s)                                       Price(s)                                Volume(s)

                                                                  £4.622                                  33

                                                                  £0.00                                   4

 d)  Aggregated information                                       Price               Aggregated volume                       Aggregate total

     -     Aggregated volume

     -     Price

     £4.122                                                                                                37                                     £

                                                                                                                                            1
                                                                                                                                                  5
                                                                                                                                                  2
                                                                                                                                                  .
                                                                                                                                                  5
                                                                                                                                                  3
 e)  Date of the transaction                                      15 March 2024

 f)  Place of the transaction                                     London Stock Exchange (XLON)

 

 1     Details of the person discharging managerial responsibilities/person closely
       associated

 a)    Name                                                         Mark Richardson

 2     Reason for the notification

 a)    Position/status                                              CEO, Ocado Intelligent Automation

 b)    Initial notification/ Amendment                              Initial notification

 3     Details of the issuer, emission allowance market participant, auction
       platform, auctioneer or auction monitor

 a)    Name                                                         Ocado Group plc

 b)    LEI                                                          213800LO8F61YB8MBC74

 4     Details of the transaction(s): section to be repeated for (i) each type of
       instrument; (ii) each type of transaction; (iii) each date; and (iv) each
       place where transactions have been conducted

 a)    Description of the financial instrument, type of instrument  Ordinary shares in Ocado Group plc

       Identification code

                                                                    ISIN GB00B3MBS747
 b)    Nature of the transaction                                    Monthly purchase of securities ("Partnership Shares") under the Share

                                                            Incentive Plan.

 c)    Price(s) and volume(s)                                       Price(s)                                Volume(s)

                                                                    £4.622                                  32

 ( )                                                                £0.00                                   5

 d)    Aggregated information                                       Price               Aggregated volume                       Aggregate total

       -     Aggregated volume

       -     Price

       £3.997                                                                                               37                                      £

                                                                                                                                            1
                                                                                                                                                    4
                                                                                                                                                    7
                                                                                                                                                    .
                                                                                                                                                    9
                                                                                                                                                    0
 e)    Date of the transaction                                      15 March 2024

 f)    Place of the transaction                                     London Stock Exchange (XLON)

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated

 a)  Name                                                         Neill Abrams

 2   Reason for the notification

 a)  Position/status                                              Group General Counsel and Company Secretary

 b)  Initial notification/ Amendment                              Initial notification

 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor

 a)  Name                                                         Ocado Group plc

 b)  LEI                                                          213800LO8F61YB8MBC74

 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted

 a)  Description of the financial instrument, type of instrument  Ordinary shares in Ocado Group plc

     Identification code

                                                                  ISIN GB00B3MBS747
 b)  Nature of the transaction                                    Monthly purchase of securities ("Partnership Shares") under the Share

                                                            Incentive Plan.

 c)  Price(s) and volume(s)                                       Price(s)                                Volume(s)

                                                                  £4.622                                  32

                                                                  £0.00                                   5

 d)  Aggregated information                                       Price               Aggregated volume                       Aggregate total

     -     Aggregated volume

     -     Price

     £3.997                                                                                               37                                      £

                                                                                                                                            1
                                                                                                                                                  4
                                                                                                                                                  7
                                                                                                                                                  .
                                                                                                                                                  9
                                                                                                                                                  0
 e)  Date of the transaction                                      15 March 2024

 f)  Place of the transaction                                     London Stock Exchange (XLON)

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated

 a)  Name                                                         Stephen Daintith

 2   Reason for the notification

 a)  Position/status                                              Chief Financial Officer

 b)  Initial notification/ Amendment                              Initial notification

 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor

 a)  Name                                                         Ocado Group plc

 b)  LEI                                                          213800LO8F61YB8MBC74

 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted

 a)  Description of the financial instrument, type of instrument  Ordinary shares in Ocado Group plc

     Identification code

                                                                  ISIN GB00B3MBS747
 b)  Nature of the transaction                                    Monthly purchase of securities ("Partnership Shares") under the Share

                                                            Incentive Plan.

 c)  Price(s) and volume(s)                                       Price(s)                                Volume(s)

                                                                  £4.622                                  33

                                                                  £0.00                                   5

 d)  Aggregated information                                       Price               Aggregated volume                       Aggregate total

     -     Aggregated volume

     -     Price

     £4.014                                                                                               38                                      £

                                                                                                                                            1
                                                                                                                                                  5
                                                                                                                                                  2
                                                                                                                                                  .
                                                                                                                                                  5
                                                                                                                                                  3
 e)  Date of the transaction                                      15 March 2024

 f)  Place of the transaction                                     London Stock Exchange (XLON)

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated

 a)  Name                                                         James Matthews

 2   Reason for the notification

 a)  Position/status                                              CEO, Ocado Technology

 b)  Initial notification/ Amendment                              Initial notification

 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor

 a)  Name                                                         Ocado Group plc

 b)  LEI                                                          213800LO8F61YB8MBC74

 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted

 a)  Description of the financial instrument, type of instrument  Ordinary shares in Ocado Group plc

     Identification code

                                                                  ISIN GB00B3MBS747
 b)  Nature of the transaction                                    Monthly purchase of securities ("Partnership Shares") under the Share

                                                            Incentive Plan.

 c)  Price(s) and volume(s)                                       Price(s)                                Volume(s)

                                                                  £4.622                                  32

                                                                  £0.00                                   5

 d)  Aggregated information                                       Price               Aggregated volume                       Aggregate total

     -     Aggregated volume

     -     Price

     £3.997                                                                                               37                                      £

                                                                                                                                            1
                                                                                                                                                  4
                                                                                                                                                  7
                                                                                                                                                  .
                                                                                                                                                  9
                                                                                                                                                  0
 e)  Date of the transaction                                      15 March 2024

 f)  Place of the transaction                                     London Stock Exchange (XLON)

 

This announcement is made in accordance with Article 19 of the Market Abuse
Regulation and the Disclosure Guidance and Transparency Rules.

 

Person responsible for arranging the release of this announcement:

Megan Barnes

Head of Secretariat

Ocado Group plc

Buildings One & Two Trident Place

Mosquito Way

Hatfield

Hertfordshire

AL10 9UL

Fax: +44 (0)1707 227997

email: company.secretary@ocado.com (mailto:company.secretary@ocado.com)

 

Ocado Group plc LEI: 213800LO8F61YB8MBC74

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHUVUBRSOUOAAR

Recent news on Ocado

See all news