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REG - Ocado Group PLC - Total Voting Rights





 




RNS Number : 3372V
Ocado Group PLC
02 December 2019
 

TOTAL VOTING RIGHTS

OCADO GROUP PLC

2 December 2019

 

Ocado Group plc

Voting rights and capital

 

In accordance with the FCA's Disclosure Guidance and Transparency Rules, Ocado Group plc ("Ocado") announces that, as at 29 November 2019:

 

·      it had 709,232,751 issued ordinary shares of 2 pence each admitted to trading. Each ordinary share carries the right to one vote in relation to all circumstances at general meetings of Ocado;

 

·      it does not hold any ordinary shares in treasury; and

 

·      accordingly, it had total voting rights of 709,232,751. Of these issued ordinary shares:

 

·        1,839,364 are held by Yorkshire Building Society, the trustee for the Company's employee Share Incentive Plan, who must vote, at the request of a participant, in respect of ordinary shares held by the trustee on behalf of that participant;

 

·        869,358 shares are held by Wealth Nominees Limited, and 9,981,158 shares are held by Numis Nominees (Client) Ltd, both on behalf of Estera Trust (Jersey) Limited, the independent company which is the trustee of Ocado's Employee Benefit Trust (the "EBT Trustee"). The EBT Trustee has waived its right to exercise its voting rights and to receive dividends in respect of 9,981,158 ordinary shares, although it may vote in respect of 869,358 ordinary shares which have vested under the joint share ownership scheme and remain in the trust, at the request of a participant. The total of 10,850,516 ordinary shares held by the EBT Trustee are treated as treasury shares in the group's consolidated balance sheet in accordance with IAS 32 ''Financial Instruments: Presentation''. As such, calculations of earnings per share for Ocado exclude the 10,850,516 ordinary shares held by the EBT Trustee.

 

The total voting rights figure 709,232,751 may be used by shareholders and others with notification obligations as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, Ocado under the FCA's Disclosure Rules and Transparency Rules.

 

In aggregate 10,850,516 ordinary shares held by Wealth Nominees Limited are treated as treasury shares in the group's consolidated balance sheet. Excluding the 10,850,516 ordinary shares held by Wealth Nominees Limited as detailed above, Ocado has shares in issue with aggregate voting rights of 698,382,235.

 

Person responsible for arranging the release of this announcement:

 

Neill Abrams

Company Secretary

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 

 

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 or visit www.rns.com.
 
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