REG - Ocado Group PLC - Director/PDMR Shareholding
RNS Number : 1772KOcado Group PLC20 April 2020DIRECTOR/PDMR NOTIFICATION
OCADO GROUP PLC20 April 2020
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.
1Details 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 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 10 Partnership Shares at a price of £14.845 per Partnership Share, and was granted by the Company (for no consideration) 1 Matching Share. These shares are held by the employee benefit trust for the SIP.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£14.845
10
£0.00
1
d)
Aggregated information
- Aggregated volume
- Price
Price
Aggregated volume
Aggregate total
£13.495
11
£148.45
e)
Date of the transaction
15 April 2020
f)
Place of the transaction
London Stock Exchange (XLON)
1Details 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 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 10 Partnership Shares at a price of £14.845 per Partnership Share, and was granted by the Company (for no consideration) 1 Matching Share. These shares are held by the employee benefit trust for the SIP.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£14.845
10
£0.00
1
d)
Aggregated information
- Aggregated volume
- Price
Price
Aggregated volume
Aggregate total
£13.495
11
£148.45
e)
Date of the transaction
15 April 2020
f)
Place of the transaction
London Stock Exchange (XLON)
1Details 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 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 10 Partnership Shares at a price of £14.845 per Partnership Share, and was granted by the Company (for no consideration) 2 Matching Shares. These shares are held by the employee benefit trust for the SIP.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£14.845
10
£0.00
2
d)
Aggregated information
- Aggregated volume
- Price
Price
Aggregated volume
Aggregate total
£12.371
12
£148.45
e)
Date of the transaction
15 April 2020
f)
Place of the transaction
London Stock Exchange (XLON)
1Details 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 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 10 Partnership Shares at a price of £14.845 per Partnership Share, and was granted by the Company (for no consideration) 2 Matching Shares. These shares are held by the employee benefit trust for the SIP.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£14.845
10
£0.00
2
d)
Aggregated information
- Aggregated volume
- Price
Price
Aggregated volume
Aggregate total
£12.371
12
£148.45
e)
Date of the transaction
15 April 2020
f)
Place of the transaction
London Stock Exchange (XLON)
1Details 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 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").
Luke Jensen purchased 10 Partnership Shares at a price of £14.845 per Partnership Share, and was granted by the Company (for no consideration) 1 Matching Share. These shares are held by the employee benefit trust for the SIP.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£14.845
10
£0.00
1
d)
Aggregated information
- Aggregated volume
- Price
Price
Aggregated volume
Aggregate total
£13.495
11
£148.45
e)
Date of the transaction
15 April 2020
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:
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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