REG - Ocado Group PLC - Redemption of Convertible Bonds

OcadoAnnouncement

Tue 10:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251209:nRSI8411Ka&default-theme=true

RNS Number : 8411K  Ocado Group PLC  09 December 2025

THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY, AND DOES NOT CONSTITUTE
OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION
OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF OCADO GROUP PLC.

 

Ocado Group plc

9 December 2025

 

Ocado Group plc

Redemption of Convertible Bonds

in respect of the 0.875% Guaranteed Senior Unsecured Convertible Bonds due
2025 issued by Ocado Group plc (the "2025 Convertible Bonds")

Ocado Group plc (the "Company") announces the redemption of its outstanding
2025 Convertible Bonds (ISIN: XS2090948279).

The 2025 Convertible Bonds have matured today, 9 December 2025 (the "Maturity
Date"). Accordingly, the Company confirms that all outstanding 2025
Convertible Bonds, with an aggregate principal amount of £55.8 million, have
been redeemed in full at their principal amount, together with accrued but
unpaid interest, in accordance with the terms and conditions of the 2025
Convertible Bonds.

Following the redemption, the 2025 Convertible Bonds will be cancelled, and
there are no bonds of this series outstanding.

Contacts

Stephen Daintith, Chief Financial Officer on +44 (0)1707 228 000

Nick Coulter, VP of Group Capital Markets and FP&A, on +44 (0)1707 228 000

Jamie Kerr, Director of Communications, on +44 1707 228 000

Lucy Legh, Headland Consultancy - ocadogroup@headlandconsultancy.com, on +44
(0) 20 3805 4822

 

Further information about Ocado is available on its website at
www.ocadogroup.com.

Important Notice

Certain statements made in this announcement are forward-looking statements.
Such statements are based on current expectations and assumptions and are
subject to a number of risks and uncertainties that could cause actual events
or results to differ materially from any expected future events or results
expressed or implied in these forward-looking statements. Persons receiving
this announcement should not place undue reliance on forward-looking
statements. Unless otherwise required by applicable law, regulation or
accounting standard, Ocado does not undertake to update or revise any
forward-looking statements, whether as a result of new information, future
developments or otherwise.

Announcement Information

Person responsible for arranging release of this announcement:

Mollie Stoker

Group General Counsel and Company Secretary

Ocado Group plc

Buildings One & Two

Trident Place, Mosquito Way

Hatfield, Hertfordshire

AL10 9UL

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 (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  MSCBGBDDDDGDGUC



            Copyright 2019 Regulatory News Service, all rights reserved