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

OcadoAnnouncement

21/02/2017 17:40

RNS Number : 4814X
Ocado Group PLC
21 February 2017
DIRECTOR/PDMR SHAREHOLDING
OCADO GROUP PLC
21 February 2017
Ocado Group plc
Director/PDMR Notification
Ocado Group plc ("the Company") announces that on 20 February 2017 it granted awards ("Awards") to its executive directors pursuant to the Ocado Long-Term Incentive Plan ("LTIP), as follows:

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 of 2 pence each in Ocado Group plc
ISIN GB00B3MBS747
b)
Nature of the transaction
Tim Steiner participated in the Ocado Long-Term Incentive Plan. 
Tim Steiner was awarded 452,881 conditional shares in Ocado Group plc. The award will vest in March 2020 subject to the satisfaction of performance conditions, as described in the Company's 2016 annual report and accounts. No payment is required for the awards.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
2.551792
452,881
d)
Aggregated information
- Aggregated volume
- Price
Price
Aggregated volume
Aggregate total
2.551792
452,881
1,155,660
e)
Date of the transaction
20 February 2017
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
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 of 2 pence each in Ocado Group plc
ISIN GB00B3MBS747
b)
Nature of the transaction
Duncan Tatton-Brown participated in the Ocado Long-Term Incentive Plan. 
Duncan Tatton-Brown was awarded 209,972 conditional shares in Ocado Group plc. The award will vest in March 2020 subject to the satisfaction of performance conditions, as described in the Company's 2016 annual report and accounts. No payment is required for the awards.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
2.551792
209,972
d)
Aggregated information
- Aggregated volume
- Price
Price
Aggregated volume
Aggregate total
2.551792
209,972
535,806
e)
Date of the transaction
20 February 2017
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
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 of 2 pence each in Ocado Group plc
ISIN GB00B3MBS747
b)
Nature of the transaction
Mark Richardson participated in the Ocado Long-Term Incentive Plan. 
Mark Richardson was awarded 209,972 conditional shares in Ocado Group plc. The award will vest in March 2020 subject to the satisfaction of performance conditions, as described in the Company's 2016 annual report and accounts. No payment is required for the awards.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
2.551792
209,972
d)
Aggregated information
- Aggregated volume
- Price
Price
Aggregated volume
Aggregate total
2.551792
209,972
535,806
e)
Date of the transaction
20 February 2017
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
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 Long-Term Incentive Plan. 
Neill Abrams was awarded 176,346 conditional shares in Ocado Group plc. The award will vest in March 2020 subject to the satisfaction of performance conditions, as described in the Company's 2016 annual report and accounts. No payment is required for the awards.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
2.551792
176,346
d)
Aggregated information
- Aggregated volume
- Price
Price
Aggregated volume
Aggregate total
2.551792
176,346
450,000
e)
Date of the transaction
20 February 2017
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 Square
Hatfield Business Park
Hatfield, Hertfordshire
AL10 9NE
email:company.secretary@ocado.com

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