REG - Ocado Group PLC - Director/PDMR Shareholding

OcadoAnnouncement

20/09/2019 15:25

RNS Number : 1726N
Ocado Group PLC
20 September 2019
 


DIRECTOR/PDMR NOTIFICATION

OCADO GROUP PLC
20 September 2019
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
 


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 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 and directors may be awarded ordinary shares in the Company up to the value of £3,600 in any one tax year ("Free Shares").
Tim Steiner was granted 267 Free Shares at the same time and on the basis of the same criteria as applied to all employees.




c)


Price(s) and volume(s)
 


Price(s)
 


Volume(s)




£13.44
 


267




d)


Aggregated information
 
-     Aggregated volume
 
-     Price
 


Price


Aggregated volume


Aggregate total




N/A
 


N/A


N/A




e)


Date of the transaction
 


19 September 2019




f)


Place of the transaction
 


Outside of a trading venue











 




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 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 and directors may be awarded ordinary shares in the Company up to the value of £3,600 in any one tax year ("Free Shares").
Duncan Tatton-Brown was granted 267 Free Shares at the same time and on the basis of the same criteria as applied to all employees.




c)


Price(s) and volume(s)
 


Price(s)
 


Volume(s)




£13.44
 


267




d)


Aggregated information
 
-     Aggregated volume
 
-     Price
 


Price


Aggregated volume


Aggregate total




N/A
 


N/A


N/A




e)


Date of the transaction
 


19 September 2019




f)


Place of the transaction
 


Outside of a trading venue











 




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 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 and directors may be awarded ordinary shares in the Company up to the value of £3,600 in any one tax year ("Free Shares").
Mark Richardson was granted 267 Free Shares at the same time and on the basis of the same criteria as applied to all employees.




c)


Price(s) and volume(s)
 


Price(s)
 


Volume(s)




£13.44
 


267




d)


Aggregated information
 
-     Aggregated volume
 
-     Price
 


Price


Aggregated volume


Aggregate total




N/A
 


N/A


N/A




e)


Date of the transaction
 


19 September 2019




f)


Place of the transaction
 


Outside of a trading venue











 




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 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 and directors may be awarded ordinary shares in the Company up to the value of £3,600 in any one tax year ("Free Shares").
Neill Abrams was granted 267 Free Shares at the same time and on the basis of the same criteria as applied to all employees.




c)


Price(s) and volume(s)
 


Price(s)
 


Volume(s)




£13.44
 


267




d)


Aggregated information
 
-     Aggregated volume
 
-     Price
 


Price


Aggregated volume


Aggregate total




N/A
 


N/A


N/A




e)


Date of the transaction
 


19 September 2019




f)


Place of the transaction
 


Outside of a trading venue











 




1


Details of the person discharging managerial responsibilities/person closely associated
 




a)


Name
 


Luke Jensen




2


Reason for the notification
 




a)


Position/status
 


CEO, 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 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 and directors may be awarded ordinary shares in the Company up to the value of £3,600 in any one tax year ("Free Shares").
Luke Jensen was granted 267 Free Shares at the same time and on the basis of the same criteria as applied to all employees.




c)


Price(s) and volume(s)
 


Price(s)
 


Volume(s)




£13.44
 


267




d)


Aggregated information
 
-     Aggregated volume
 
-     Price
 


Price


Aggregated volume


Aggregate total




N/A
 


N/A


N/A




e)


Date of the transaction
 


19 September 2019




f)


Place of the transaction
 


Outside of a trading venue











 
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:
Robert Cooper

Deputy 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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