REG - Ocado Group PLC - Director/PDMR Shareholding

OcadoAnnouncement

04/06/2018 18:00

RNS Number : 2604Q
Ocado Group PLC
04 June 2018
 


DIRECTOR/PDMR NOTIFICATION

OCADO GROUP PLC
4 June 2018
 
Ocado Group plc

Director/PDMR Notification


Ocado Group plc (the "Company") makes the following announcement regarding the transactions in Ocado ordinary shares of 2 pence each ("Shares") carried out by one of its Directors.




1


Details of the person discharging managerial responsibilities/person closely associated
 




a)


Name
 


Mark Richardson




2


Reason for the notification
 




a)


Position/status
 


Chief Operating 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, an Executive Director of Ocado Group plc, exercised 70,000 share options granted to him on 31 May 2009 prior to the Company's listing in 2010.

Mark Richardson bought the 70,000 shares awarded to him at the option price of £1.20.
 




c)


Price(s) and volume(s)
 


Price(s)
 


Volume(s)




£1.20
 


70,000




d)


Aggregated information
 
-     Aggregated volume
 
-     Price
 


Price


Aggregated volume


Aggregate total




£1.20


70,000


£84,000.00




e)


Date of the transaction
 


31 May 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 Operating 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, an Executive Director of Ocado Group plc, exercised 70,000 share options granted to him on 31 May 2009 prior to the Company's listing in 2010.

Mark Richardson bought the shares awarded to him at a price of £1.20 per share and subsequently sold the 70,000 awarded to him at a price of £8.919161.
 




c)


Price(s) and volume(s)
 


Price(s)
 


Volume(s)




£8.919161
 


70,000




d)


Aggregated information
 
-     Aggregated volume
 
-     Price
 


Price


Aggregated volume


Aggregate total




£8.919161


70,000


£624,341.27




e)


Date of the transaction
 


31 May 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

Fax: +44 (0)1707 227997

email: company.secretary@ocado.com 
 
Ocado Group plc LEI: 213800LO8F61YB8MBC74
 




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