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Director/PDMR Shareholding

Ocado

30/03/2026 15:54

RNS Number : 6828Y

Ocado Group PLC

30 March 2026

 

DIRECTOR/PDMR NOTIFICATION

OCADO GROUP PLC

 

30 March 2026

Ocado Group plc

Director/PDMR Shareholding

 

Ocado Group plc (the "Company") announces that on 27 March 2026 awards under the Ocado Performance Share Plan 2025 (the "PSP") and the Ocado Annual Incentive Plan (the "AIP") were granted to the PDMRs.

 

PSP awards are subject to performance measures and have a vesting period of three years followed by a holding period of two years for executive directors. The PSP was approved by the Company's shareholders at the Company's annual general meeting on 29 April 2024. A summary of the principal terms is set out in the Notice of the annual general meeting dated 29 February 2024.

50% of the AIP achieved in the financial year ended 30 November 2025 is deferred into shares for three years. The AIP was approved by the Company's shareholders at the Company's annual general meeting on 1 May 2019. A summary of the principal terms is set out in the Notice of the annual general meeting dated 5 February 2019.

Details of the Awards are as set out below:

 

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
Identification code Ordinary shares in Ocado Group plc
ISIN GB00B3MBS747
b) Nature of the transaction Grant of a nil-cost option, subject to the rules of the PSP.
The shares are subject to a two-year holding period on vesting.
c) Price(s) and volume(s) Price(s) Volume(s)
£0.00 2,623,234
d) Aggregated information
- Aggregated volume
- Price Price Aggregated volume Aggregate total
£0.00 2,623,234 £0.00
e) Date of the transaction 27 March 2026
f) Place of the transaction Outside a regulated market


 

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
Identification code Ordinary shares in Ocado Group plc
ISIN GB00B3MBS747
b) Nature of the transaction Grant of a nil-cost option, subject to the rules of the PSP.
The shares are subject to a two-year holding period on vesting.
c) Price(s) and volume(s) Price(s) Volume(s)
£0.00 1,710,620
d) Aggregated information
- Aggregated volume
- Price Price Aggregated volume Aggregate total
£0.00 1,710,620 £0.00
e) Date of the transaction 27 March 2026
f) Place of the transaction Outside a regulated market


 

1 Details of the person discharging managerial responsibilities/person closely associated
a) Name James Matthews
2 Reason for the notification
a) Position/status Deputy CEO
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
Identification code Ordinary shares in Ocado Group plc
ISIN GB00B3MBS747
b) Nature of the transaction Grant of a nil-cost option, subject to the rules of the PSP.
c) Price(s) and volume(s) Price(s) Volume(s)
£0.00 1,488,066
d) Aggregated information
- Aggregated volume
- Price Price Aggregated volume Aggregate total
£0.00 1,488,066 £0.00
e) Date of the transaction 27 March 2026
f) Place of the transaction Outside a regulated market


 

 

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
Identification code Ordinary shares in Ocado Group plc
ISIN GB00B3MBS747
b) Nature of the transaction Grant of a nil-cost option, subject to the rules of the AIP.
50% of the AIP achieved in the financial year ended 30 November 2025 is deferred into shares for three years.
c) Price(s) and volume(s) Price(s) Volume(s)
£0.00 324,625
d) Aggregated information
- Aggregated volume
- Price Price Aggregated volume Aggregate total
£0.00 324,625 £0.00
e) Date of the transaction 27 March 2026
f) Place of the transaction Outside a regulated market


 

 

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
Identification code Ordinary shares in Ocado Group plc
ISIN GB00B3MBS747
b) Nature of the transaction Grant of a nil-cost option, subject to the rules of the AIP.
50% of the AIP achieved in the financial year ended 30 November 2025 is deferred into shares for three years.
c) Price(s) and volume(s) Price(s) Volume(s)
£0.00 260,665
d) Aggregated information
- Aggregated volume
- Price Price Aggregated volume Aggregate total
£0.00 260,665 £0.00
e) Date of the transaction 27 March 2026
f) Place of the transaction Outside a regulated market


 

1 Details of the person discharging managerial responsibilities/person closely associated
a) Name James Matthews
2 Reason for the notification
a) Position/status Deputy CEO
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
Identification code Ordinary shares in Ocado Group plc
ISIN GB00B3MBS747
b) Nature of the transaction Grant of a nil-cost option, subject to the rules of the AIP.
50% of the AIP achieved in the financial year ended 30 November 2025 is deferred into shares for three years.
c) Price(s) and volume(s) Price(s) Volume(s)
£0.00 191,322
d) Aggregated information
- Aggregated volume
- Price Price Aggregated volume Aggregate total
£0.00 191,322 £0.00
e) Date of the transaction 27 March 2026
f) Place of the transaction Outside a regulated market


 

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 Limited
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
Identification code Ordinary shares in Ocado Group plc
ISIN GB00B3MBS747
b) Nature of the transaction Grant of a nil-cost option, subject to the rules of the AIP.
50% of the AIP achieved in the financial year ended 30 November 2025 is deferred into shares for three years.
c) Price(s) and volume(s) Price(s) Volume(s)
£0.00 121,902
d) Aggregated information
- Aggregated volume
- Price Price Aggregated volume Aggregate total
£0.00 121,902 £0.00
e) Date of the transaction 27 March 2026
f) Place of the transaction Outside a regulated market


 

 

 

Further information concerning each Director's other interests in shares and share awards are set out in the Company's annual report and accounts for the 52 weeks ended 30 November 2025, except as otherwise amended by a subsequent announcement.

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:

Ruth Westley

Interim Director of Corporate Governance

Ocado Group plc

Buildings One & Two Trident Place

Mosquito Way

Hatfield

Hertfordshire

AL10 9UL

email: company.secretary@ocado.com

Ocado Group plc LEI: 213800LO8F61YB8MBC74

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  END

 

 
DSHURVSRNUUOOAR

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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 Identification code	Ordinary shares in Ocado Group plc ISIN GB00B3MBS747
b)	Nature of the transaction	Grant of a nil-cost option, subject to the rules of the PSP. The shares are subject to a two-year holding period on vesting.
c)	Price(s) and volume(s)	Price(s)		Volume(s)
		£0.00		2,623,234
d)	Aggregated information - Aggregated volume - Price	Price	Aggregated volume		Aggregate total
		£0.00	2,623,234		£0.00
e)	Date of the transaction	27 March 2026
f)	Place of the transaction	Outside a regulated market

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 Identification code	Ordinary shares in Ocado Group plc ISIN GB00B3MBS747
b)	Nature of the transaction	Grant of a nil-cost option, subject to the rules of the PSP. The shares are subject to a two-year holding period on vesting.
c)	Price(s) and volume(s)	Price(s)		Volume(s)
		£0.00		1,710,620
d)	Aggregated information - Aggregated volume - Price	Price	Aggregated volume		Aggregate total
		£0.00	1,710,620		£0.00
e)	Date of the transaction	27 March 2026
f)	Place of the transaction	Outside a regulated market

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	James Matthews
2	Reason for the notification
a)	Position/status	Deputy CEO
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 Identification code	Ordinary shares in Ocado Group plc ISIN GB00B3MBS747
b)	Nature of the transaction	Grant of a nil-cost option, subject to the rules of the PSP.
c)	Price(s) and volume(s)	Price(s)		Volume(s)
		£0.00		1,488,066
d)	Aggregated information - Aggregated volume - Price	Price	Aggregated volume		Aggregate total
		£0.00	1,488,066		£0.00
e)	Date of the transaction	27 March 2026
f)	Place of the transaction	Outside a regulated market

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 Limited
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 Identification code	Ordinary shares in Ocado Group plc ISIN GB00B3MBS747
b)	Nature of the transaction	Grant of a nil-cost option, subject to the rules of the AIP. 50% of the AIP achieved in the financial year ended 30 November 2025 is deferred into shares for three years.
c)	Price(s) and volume(s)	Price(s)		Volume(s)
		£0.00		121,902
d)	Aggregated information - Aggregated volume - Price	Price	Aggregated volume		Aggregate total
		£0.00	121,902		£0.00
e)	Date of the transaction	27 March 2026
f)	Place of the transaction	Outside a regulated market