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

OcadoAnnouncement

02/03/2018 16:30

RNS Number : 5961G
Ocado Group PLC
02 March 2018
DIRECTOR/PDMR SHAREHOLDING
OCADO GROUP PLC
2 March 2018
Ocado Group plc
Director/PDMR Notification
Ocado Group plc ("the Company") announces that on 1 March 2018 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 219,621 conditional shares in Ocado Group plc. The award will vest in March 2021 subject to the satisfaction of performance conditions, as described in the Company's 2017 annual report and accounts. No payment is required for the awards.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
5.4093
219,621
d)
Aggregated information
- Aggregated volume
- Price
Price
Aggregated volume
Aggregate total
5.4093
219,621
1,188,000
e)
Date of the transaction
1 March 2018
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 101,769 conditional shares in Ocado Group plc. The award will vest in March 2021 subject to the satisfaction of performance conditions, as described in the Company's 2017 annual report and accounts. No payment is required for the awards.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
5.4093
101,769
d)
Aggregated information
- Aggregated volume
- Price
Price
Aggregated volume
Aggregate total
5.4093
101,769
550,500
e)
Date of the transaction
1 March 2018
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 101,769 conditional shares in Ocado Group plc. The award will vest in March 2021 subject to the satisfaction of performance conditions, as described in the Company's 2017 annual report and accounts. No payment is required for the awards.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
5.4093
101,769
d)
Aggregated information
- Aggregated volume
- Price
Price
Aggregated volume
Aggregate total
5.4093
101,769
550,500
e)
Date of the transaction
1 March 2018
f)
Place of the transaction
London Stock Exchange (XLON)

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Luke Jensen
2
Reason for the notification
a)
Position/status
Chief Executive Officer, Ocado Solutions
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
Luke Jensen participated in the Ocado Long-Term Incentive Plan.
Luke Jensen was awarded 97,609 conditional shares in Ocado Group plc. The award will vest in March 2021 subject to the satisfaction of performance conditions, as described in the Company's 2017 annual report and accounts. No payment is required for the awards.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
5.4093
97,609
d)
Aggregated information
- Aggregated volume
- Price
Price
Aggregated volume
Aggregate total
5.4093
97,609
528,000
e)
Date of the transaction
1 March 2018
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 68,326 conditional shares in Ocado Group plc. The award will vest in March 2021 subject to the satisfaction of performance conditions, as described in the Company's 2017 annual report and accounts. No payment is required for the awards.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
5.4093
68,326
d)
Aggregated information
- Aggregated volume
- Price
Price
Aggregated volume
Aggregate total
5.4093
68,326
369,600
e)
Date of the transaction
1 March 2018
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
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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The company news service from the London Stock Exchange
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