REG - Ocado Group PLC - Director/PDMR Shareholding

OcadoAnnouncement

02/04/2024 13:15

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RNS Number : 9886I  Ocado Group PLC  02 April 2024

DIRECTOR/PDMR SHAREHOLDING

OCADO GROUP PLC

2 April 2024

 

Ocado Group plc

Director/PDMR Notification

 

Ocado Group plc ("the Company") announces that on 27 March 2024 an award ("the
Award") was granted to James Matthews, CEO, Ocado Technology, and a PDMR of
the Company, under the terms of the Ocado Restricted Share Plan ("the
RSP").

 

 

 

Details of the Award are as set out below.

 

 

 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                                    The Vesting of the Award is split into tranches. Subject to the rules of the

                                                            RSP, twenty-five per cent (25%) of the Award will vest on the First Expected
                                                                  Vesting Date and six and a quarter per cent (6.25%) of the Award will vest
                                                                  quarterly thereafter for twelve quarters.

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

                                                                  £4.627                                      6,483

 d)  Aggregated information                                       Price                 Aggregated volume                           Aggregate total

     -     Aggregated volume

     -     Price

     £4.627                                                                                                   6,483                                       £
                                                                                                                                                          2
                                                                                                                                                          9
                                                                                                                                                          ,
                                                                                                                                                          9
                                                                                                                                                          9
                                                                                                                                                          6
                                                                                                                                                          .
                                                                                                                                                          8
                                                                                                                                                          4
 e)  Date of the transaction                                      27 March 2024

 f)  Place of the transaction                                     Outside a regulated market

 

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 227 997

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

 

Ocado Group plc LEI: 213800LO8F61YB8MBC74

 

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