REG - Ocado Group PLC - Director/PDMR Shareholding
RNS Number : 0104AOcado Group PLC24 September 2020DIRECTOR/PDMR NOTIFICATION
OCADO GROUP PLC24 September 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 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 126 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)
£28.3900
126
d)
Aggregated information
- Aggregated volume
- Price
Price
Aggregated volume
Aggregate total
N/A
N/A
N/A
e)
Date of the transaction
23 September 2020
f)
Place of the transaction
Outside of a trading venue
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 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 126 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)
£28.3900
126
d)
Aggregated information
- Aggregated volume
- Price
Price
Aggregated volume
Aggregate total
N/A
N/A
N/A
e)
Date of the transaction
23 September 2020
f)
Place of the transaction
Outside of a trading venue
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 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 126 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)
£28.3900
126
d)
Aggregated information
- Aggregated volume
- Price
Price
Aggregated volume
Aggregate total
N/A
N/A
N/A
e)
Date of the transaction
23 September 2020
f)
Place of the transaction
Outside of a trading venue
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 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 126 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)
£28.3900
126
d)
Aggregated information
- Aggregated volume
- Price
Price
Aggregated volume
Aggregate total
N/A
N/A
N/A
e)
Date of the transaction
23 September 2020
f)
Place of the transaction
Outside of a trading venue
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 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 126 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)
£28.3900
126
d)
Aggregated information
- Aggregated volume
- Price
Price
Aggregated volume
Aggregate total
N/A
N/A
N/A
e)
Date of the transaction
23 September 2020
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
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.ENDDSHUSUWRRAUKURR
Recent news on Ocado
See all newsREG - Ocado Group PLC - Total Voting Rights
AnnouncementREG - Ocado Group PLC - Result of AGM
AnnouncementREG - Ocado Group PLC - Director/PDMR Shareholding
AnnouncementREG - Ocado Group PLC - Director/PDMR Shareholding
AnnouncementREG - Ocado Group PLC - Holding(s) in Company
Announcement