Picture of Ocado logo

OCDO Ocado News Story

0.000.00%
gb flag iconLast trade - 00:00
Consumer CyclicalsHighly SpeculativeLarge CapSucker Stock

REG - Ocado Group PLC - Director/PDMR Shareholding

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220817:nRSQ2502Wa&default-theme=true

RNS Number : 2502W  Ocado Group PLC  17 August 2022

DIRECTOR/PDMR NOTIFICATION

OCADO GROUP PLC

17 August 2022

Ocado Group plc

Director/PDMR Notification

Ocado Group plc (the "Company") makes the following announcement regarding its
PDMRs' 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  Ordinary shares in Ocado Group plc

     Identification code

                                                                  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 at market value
                                                                  ("Partnership Shares"), using deductions from salary each month, and receive
                                                                  allocations of matching ordinary shares ("Matching Shares").

                                                                  Tim Steiner purchased 16 Partnership Shares at a price of £9.284 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)

                                                                  £9.284                                      16

                                                                  £0.00                                       2

 d)  Aggregated information                                       Price                 Aggregated volume                           Aggregate total

     -     Aggregated volume

     -     Price

     £8.252                                                                                                   18                                          £
                                                                                                                                                          1
                                                                                                                                                          4
                                                                                                                                                          8
                                                                                                                                                          .
                                                                                                                                                          5
                                                                                                                                                          4
 e)  Date of the transaction                                      15 August 2022

 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  Ordinary shares in Ocado Group plc

       Identification code

                                                                    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
                                                                    at market value ("Partnership Shares"), using deductions from salary each
                                                                    month, and receive allocations of matching ordinary shares ("Matching
                                                                    Shares").

                                                                    Mark Richardson purchased 16 Partnership Shares at a price of £9.284 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)

                                                                    £9.284                                      16

 ( )                                                                £0.00                                       2

 d)    Aggregated information                                       Price                 Aggregated volume                           Aggregate total

       -     Aggregated volume

       -     Price

       £8.252                                                                                                   18                                          £
                                                                                                                                                            1
                                                                                                                                                            4
                                                                                                                                                            8
                                                                                                                                                            .
                                                                                                                                                            5
                                                                                                                                                            4
 e)    Date of the transaction                                      15 August 2022

 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  Ordinary shares in Ocado Group plc

     Identification code

                                                                  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 at market
                                                                  value ("Partnership Shares"), using deductions from salary each month, and
                                                                  receive allocations of matching ordinary shares ("Matching Shares").

                                                                  Neill Abrams purchased 16 Partnership Shares at a price of £9.284 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)

                                                                  £9.284                                      16

                                                                  £0.00                                       2

 d)  Aggregated information                                       Price                 Aggregated volume                           Aggregate total

     -     Aggregated volume

     -     Price

     £8.252                                                                                                   18                                          £
                                                                                                                                                          1
                                                                                                                                                          4
                                                                                                                                                          8
                                                                                                                                                          .
                                                                                                                                                          5
                                                                                                                                                          4
 e)  Date of the transaction                                      15 August 2022

 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                                              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  Ordinary shares in Ocado Group plc

     Identification code

                                                                  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 at market value
                                                                  ("Partnership Shares"), using deductions from salary each month, and receive
                                                                  allocations of matching ordinary shares ("Matching Shares").

                                                                  Luke Jensen purchased 16 Partnership Shares at a price of £9.284 per
                                                                  Partnership Share, and was granted by the Company (for no consideration) 3
                                                                  Matching Shares. These shares are held by the employee benefit trust for the
                                                                  SIP.

 c)  Price(s) and volume(s)                                       Price(s)                                    Volume(s)

                                                                  £9.284                                      16

                                                                  £0.00                                       3

 d)  Aggregated information                                       Price                 Aggregated volume                           Aggregate total

     -     Aggregated volume

     -     Price

     £7.818                                                                                                   19                                          £
                                                                                                                                                          1
                                                                                                                                                          4
                                                                                                                                                          8
                                                                                                                                                          .
                                                                                                                                                          5
                                                                                                                                                          4
 e)  Date of the transaction                                      15 August 2022

 f)  Place of the transaction                                     London Stock Exchange (XLON)

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated

 a)  Name                                                         Stephen Daintith

 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  Ordinary shares in Ocado Group plc

     Identification code

                                                                  ISIN GB00B3MBS747
 b)  Nature of the transaction                                    Stephen Daintith 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
                                                                  at market value ("Partnership Shares"), using deductions from salary each
                                                                  month, and receive allocations of matching ordinary shares ("Matching
                                                                  Shares").

                                                                  Stephen Daintith purchased 16 Partnership Shares at a price of £9.284 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)

                                                                  £9.284                                      16

                                                                  £0.00                                       2

 d)  Aggregated information                                       Price                 Aggregated volume                           Aggregate total

     -     Aggregated volume

     -     Price

     £8.252                                                                                                   18                                          £
                                                                                                                                                          1
                                                                                                                                                          4
                                                                                                                                                          8
                                                                                                                                                          .
                                                                                                                                                          5
                                                                                                                                                          4
 e)  Date of the transaction                                      15 August 2022

 f)  Place of the transaction                                     London Stock Exchange (XLON)

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated

 a)  Name                                                         James Matthews

 2   Reason for the notification

 a)  Position/status                                              CEO, Ocado Technology

 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  Ordinary shares in Ocado Group plc

     Identification code

                                                                  ISIN GB00B3MBS747
 b)  Nature of the transaction                                    James Matthews 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 at market
                                                                  value ("Partnership Shares"), using deductions from salary each month, and
                                                                  receive allocations of matching ordinary shares ("Matching Shares").

                                                                  James Matthews purchased 16 Partnership Shares at a price of £9.284 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)

                                                                  £9.284                                      16

                                                                  £0.00                                       2

 d)  Aggregated information                                       Price                 Aggregated volume                           Aggregate total

     -     Aggregated volume

     -     Price

     £8.252                                                                                                   18                                          £
                                                                                                                                                          1
                                                                                                                                                          4
                                                                                                                                                          8
                                                                                                                                                          .
                                                                                                                                                          5
                                                                                                                                                          4
 e)  Date of the transaction                                      15 August 2022

 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 (mailto: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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHUNRORUNUWAUR

Recent news on Ocado

See all news