REG - Ocado Group PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">OCDO.L</Origin>

OcadoAnnouncement

19/08/2016 14:01

RNS Number : 5923H
Ocado Group PLC
18 August 2016
DIRECTOR/PDMR NOTIFICATION
OCADO GROUP PLC
18 August 2016
Ocado Group plc
Director/PDMR Notification

Ocado Group plc (the "Company") makes the following announcement regarding its Directors' participation in The Ocado Share Incentive Plan. 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Timothy 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
N/A
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 of 2 pence each in Ocado Group plc
ISIN GB00B3MBS747
b)
Nature of the transaction
Timothy Steiner participated in the Ocado Share Incentive Plan ("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 of 2 pence each at market value ("Partnership Shares"), using deductions from salary each month, and receive allocations of matching ordinary shares of 2 pence each ("Matching Shares").
Tim Steiner purchased 51 Partnership Shares at a price of 2.896 per Partnership Share, and was granted by the Company (for no consideration) 7 Matching Shares. These shares are held by the employee benefit trust for the SIP.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
2.896
51


0.00
7
d)
Aggregated information
- Aggregated volume
- Price
Price
Aggregated volume
Aggregate total
2.896
58
147.70
e)
Date of the transaction
15 August 2016
f)
Place of the transaction
London Stock Exchange (XLON)

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Duncan Tatton-Brown
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
N/A
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 of 2 pence each in Ocado Group plc
ISIN GB00B3MBS747
b)
Nature of the transaction
Duncan Tatton-Brown participated in the Ocado Share Incentive Plan ("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 of 2 pence each at market value ("Partnership Shares"), using deductions from salary each month, and receive allocations of matching ordinary shares of 2 pence each ("Matching Shares").
Duncan Tatton-Brown purchased 52 Partnership Shares at a price of 2.896 per Partnership Share, and was granted by the Company (for no consideration) 7 Matching Shares. These shares are held by the employee benefit trust for the SIP.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
2.896
52


0.00
7
d)
Aggregated information
- Aggregated volume
- Price
Price
Aggregated volume
Aggregate total
2.896
59
150.59
e)
Date of the transaction
15 August 2016
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
Chief Operations 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
N/A
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 of 2 pence each in Ocado Group plc
ISIN GB00B3MBS747
b)
Nature of the transaction
Mark Richardson participated in the Ocado Share Incentive Plan ("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 of 2 pence each at market value ("Partnership Shares"), using deductions from salary each month, and receive allocations of matching ordinary shares of 2 pence each ("Matching Shares").
Mark Richardson purchased 51 Partnership Shares at a price of 2.896 per Partnership Share, and was granted by the Company (for no consideration) 7 Matching Shares. These shares are held by the employee benefit trust for the SIP.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
2.896
51


0.00
7
d)
Aggregated information
- Aggregated volume
- Price
Price
Aggregated volume
Aggregate total
2.896
58
147.70
e)
Date of the transaction
15 August 2016
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
N/A
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 of 2 pence each in Ocado Group plc
ISIN GB00B3MBS747
b)
Nature of the transaction
Neill Abrams participated in the Ocado Share Incentive Plan ("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 of 2 pence each at market value ("Partnership Shares"), using deductions from salary each month, and receive allocations of matching ordinary shares of 2 pence each ("Matching Shares").
Neill Abrams purchased 51 Partnership Shares at a price of 2.896 per Partnership Share, and was granted by the Company (for no consideration) 7 Matching Shares. These shares are held by the employee benefit trust for the SIP.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
2.896
51


0.00
7
d)
Aggregated information
- Aggregated volume
- Price
Price
Aggregated volume
Aggregate total
2.896
58
147.70
e)
Date of the transaction
15 August 2016
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:
Neill Abrams
Company Secretary
Ocado Group plc
Titan Court
3 Bishops Sqaure
Hatfield Business Park
Hatfield, Hertfordshire
AL10 9NE
Fax: +44 (0)1707 227997
email: company.secretary@ocado.com

This information is provided by RNS
The company news service from the London Stock Exchange
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