REG - Ocado Group PLC - Director/PDMR Shareholding

OcadoAnnouncement

03/04/2023 14:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230403:nRSC1944Va&default-theme=true

RNS Number : 1944V  Ocado Group PLC  03 April 2023

DIRECTOR/PDMR SHAREHOLDING

OCADO GROUP PLC

3 April 2023

 

Ocado Group plc

Director/PDMR Notification

 

Ocado Group plc ("the Company") announces that on 29 March 2023 an award ("the
Award") was granted to James Matthews, CEO, Ocado Technology, and a PDMR of
the Company under the terms of the Ocado Restricted Share Plan ("the
RSP").

 

The Award was granted in the form of an option with a nil exercise price over
an aggregrate of 102,996 ordinary shares in the Company (the "Shares"). The
option is split into two tranches: one of 101,400 Shares and the other of the
remaining 1,596 Shares.

 

Subject to the rules of the RSP, the option will vest in accordance with the
timetable for Vesting of "banked" awards under the Company's Value Creation
Plan ("VCP"), approved by the Company's shareholders in 2019 and 2022.

 

Details of the Award are as set out below.

 

 

 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                                    Grant of  nil cost option over an aggregrate of 102,996 Shares, subject to

                                                            the rules of the RSP. The option is split into two tranches: one of 101,400
                                                                  Shares and the other of the remaining 1,596 Shares.
 c)  Price(s) and volume(s)                                       Price(s)                                    Volume(s)

                                                                  £0.00                                       102,996

 d)  Aggregated information                                       Price                 Aggregated volume                           Aggregate total

     -     Aggregated volume

     -     Price

     £0.00                                                                                                    102,996                                     £
                                                                                                                                                          0
                                                                                                                                                          .
                                                                                                                                                          0
                                                                                                                                                          0
 e)  Date of the transaction                                      29 March 2023

 f)  Place of the transaction                                     Outside a regulated market

 

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  DSHUOAOROSUSRAR