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RNS Number : 6931H Ocado Group PLC 25 November 2022
DIRECTOR/PDMR NOTIFICATION
OCADO GROUP PLC
25 November 2022
Ocado Group plc
Director/PDMR Notification
Ocado Group plc (the "Company") makes the following announcement regarding its
PDMRs' participation in The Ocado Sharesave Scheme ("Sharesave").
Details are as set out below.
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
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 of 2 pence each in Ocado Group plc
Identification code
ISIN GB00B3MBS747
b) Nature of the transaction Neill Abrams, an Executive Director of Ocado Group plc, executed an
irrevocable instruction to enter into the 2023 Ocado Sharesave Scheme, with
monthly savings contributions of £500. The Sharesave is a tax advantaged
share scheme offered to all eligible employees of the Company.
c) Price(s) and volume(s) Price(s) Volume(s)
Price to be set in February 2023 n/a
d) Aggregated information Price Aggregated volume Aggregate total
- Aggregated volume
- Price
Price to be set in February 2023 n/a n
/
a
e) Date of the transaction 25 November 2022
f) Place of the transaction London Stock Exchange (XLON)
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 of 2 pence each in Ocado Group plc
Identification code
ISIN GB00B3MBS747
b) Nature of the transaction Tim Steiner, an Executive Director of Ocado Group plc, executed an irrevocable
instruction to enter into the 2023 Ocado Sharesave Scheme, with monthly
savings contributions of £500, providing certain conditions are met. The
Sharesave is a tax advantaged share scheme offered to all eligible employees
of the Company.
c) Price(s) and volume(s) Price(s) Volume(s)
Price to be set in February 2023 n/a
d) Aggregated information Price Aggregated volume Aggregate total
- Aggregated volume
- Price
Price to be set in February 2023 n/a n
/
a
e) Date of the transaction 25 November 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 of 2 pence each in Ocado Group plc
Identification code
ISIN GB00B3MBS747
b) Nature of the transaction Stephen Daintith, an Executive Director of Ocado Group plc, executed an
irrevocable instruction to enter into the 2023 Ocado Sharesave Scheme, with
monthly savings contributions of £500, providing certain conditions are met.
The Sharesave is a tax advantaged share scheme offered to all eligible
employees of the Company.
c) Price(s) and volume(s) Price(s) Volume(s)
Price to be set in February 2023 n/a
d) Aggregated information Price Aggregated volume Aggregate total
- Aggregated volume
- Price
Price to be set in February 2023 n/a n
/
a
e) Date of the transaction 25 November 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 of 2 pence each in Ocado Group plc
Identification code
ISIN GB00B3MBS747
b) Nature of the transaction James Matthews, a PDMR of Ocado Group plc, executed an irrevocable instruction
to enter into the 2023 Ocado Sharesave Scheme, with monthly savings
contributions of £500, providing certain conditions are met. The Sharesave is
a tax advantaged share scheme offered to all eligible employees of the
Company.
c) Price(s) and volume(s) Price(s) Volume(s)
Price to be set in February 2023 n/a
d) Aggregated information Price Aggregated volume Aggregate total
- Aggregated volume
- Price
Price to be set in February 2023 n/a n
/
a
e) Date of the transaction 25 November 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 of 2 pence each in Ocado Group plc
Identification code
ISIN GB00B3MBS747
b) Nature of the transaction Luke Jensen, an Executive Director of Ocado Group plc, executed an irrevocable
instruction to enter into the 2023 Ocado Sharesave Scheme, with monthly
savings contributions of £500, providing certain conditions are met. The
Sharesave is a tax advantaged share scheme offered to all eligible employees
of the Company.
c) Price(s) and volume(s) Price(s) Volume(s)
Price to be set in February 2023 n/a
d) Aggregated information Price Aggregated volume Aggregate total
- Aggregated volume
- Price
Price to be set in February 2023 n/a n
/
a
e) Date of the transaction 25 November 2022
f) Place of the transaction London Stock Exchange (XLON)
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 of 2 pence each in Ocado Group plc
Identification code
ISIN GB00B3MBS747
b) Nature of the transaction Tim Steiner, an Executive Director of Ocado Group plc, executed an irrevocable
instruction to cancel his participation in the 2022 offer under the Ocado
Sharesave Scheme, and discontinue his related monthly contributions of £500
in March 2023 resulting in the lapse of the options originally granted to him
on 17 March 2022 with an exercise price of 1,199.97 pence, providing certain
conditions are met. The Sharesave is a tax advantaged share scheme offered to
all eligible employees of the Company.
c) Price(s) and volume(s) Price(s) Volume(s)
1,199.97 pence per share n/a
d) Aggregated information Price Aggregated volume Aggregate total
- Aggregated volume
- Price
1,199.97 n/a n
/
a
e) Date of the transaction 25 November 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 of 2 pence each in Ocado Group plc
Identification code
ISIN GB00B3MBS747
b) Nature of the transaction Stephen Daintith, an Executive Director of Ocado Group plc, executed an
irrevocable instruction to cancel his participation in the 2022 offer under
the Ocado Sharesave Scheme, and discontinue his related monthly contributions
of £500 in March 2023 resulting in the lapse of the options originally
granted to him on 17 March 2022 with an exercise price of 1,199.97 pence,
providing certain conditions are met. The Sharesave is a tax advantaged share
scheme offered to all eligible employees of the Company.
c) Price(s) and volume(s) Price(s) Volume(s)
1,199.97 pence per share n/a
d) Aggregated information Price Aggregated volume Aggregate total
- Aggregated volume
- Price
1,999.97 n/a n
/
a
e) Date of the transaction 25 November 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 of 2 pence each in Ocado Group plc
Identification code
ISIN GB00B3MBS747
b) Nature of the transaction James Matthews, a PDMR of Ocado Group plc, executed an irrevocable instruction
to cancel his participation in the 2022 offer under the Ocado Sharesave
Scheme, and discontinue his related monthly contributions of £500 in March
2023 resulting in the lapse of the options originally granted to him on 17
March 2022 with an exercise price of 1,199.97 pence, providing certain
conditions are met. The Sharesave is a tax advantaged share scheme offered to
all eligible employees of the Company.
c) Price(s) and volume(s) Price(s) Volume(s)
1,199.97 pence per share n/a
d) Aggregated information Price Aggregated volume Aggregate total
- Aggregated volume
- Price
1,199.97 n/a n
/
a
e) Date of the transaction 25 November 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 of 2 pence each in Ocado Group plc
Identification code
ISIN GB00B3MBS747
b) Nature of the transaction Luke Jensen, an Executive Director of Ocado Group plc, executed an irrevocable
instruction to cancel his participation in the 2022 offer under the Ocado
Sharesave Scheme, and discontinue his related monthly contributions of £500
in March 2023 resulting in the lapse of the options originally granted to him
on 17 March 2022 with an exercise price of 1,199.97 pence, providing certain
conditions are met. The Sharesave is a tax advantaged share scheme offered to
all eligible employees of the Company.
c) Price(s) and volume(s) Price(s) Volume(s)
1,199.97 pence per share n/a
d) Aggregated information Price Aggregated volume Aggregate total
- Aggregated volume
- Price
1,199.97 n/a n
/
a
e) Date of the transaction 25 November 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
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