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REG - Ocado Group PLC - Total Voting Rights

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RNS Number : 0788R  Ocado Group PLC  01 July 2022

TOTAL VOTING RIGHTS

OCADO GROUP PLC

1 July 2022

 

Ocado Group plc

Voting rights and capital

 

In accordance with the FCA's Disclosure Guidance and Transparency Rules, Ocado
Group plc ("Ocado") announces that, as at 30 June 2022:

 

·     it had 824,787,836 issued ordinary shares of 2 pence each admitted
to trading. Each ordinary share carries the right to one vote in relation to
all circumstances at general meetings of Ocado;

 

·      it does not hold any ordinary shares in treasury; and

 

·      accordingly, it had total voting rights of 824,787,836. Of these
issued ordinary shares:

 

·        1,678,140 shares are held by Solium Trustee (UK) Limited,
the trustee for the Company's employee Share Incentive Plan, who must vote, at
the request of a participant, in respect of ordinary shares held by the
trustee on behalf of that participant;

 

·        564,988 shares are held by Wealth Nominees Limited, and
9,873,087 shares are held by Numis Nominees (Client) Ltd, both on behalf of
Ocorian Limited (formerly known as Estera Trust (Jersey) Limited), the
independent company which is the trustee of Ocado's Employee Benefit Trust
(the "EBT Trustee"). The EBT Trustee has waived its right to exercise its
voting rights and to receive dividends in respect of 9,873,087 ordinary
shares, although it may vote in respect of 564,988 ordinary shares which have
vested under the joint share ownership scheme and remain in the trust, at the
request of a participant. The total of 10,438,075 ordinary shares held by the
EBT Trustee are treated as treasury shares in the group's consolidated balance
sheet in accordance with IAS 32 ''Financial Instruments: Presentation''. As
such, calculations of earnings per share for Ocado exclude the 10,438,075
ordinary shares held by the EBT Trustee.

 

The total voting rights figure 824,787,836 may be used by shareholders and
others with notification obligations as the denominator for the calculations
by which they will determine whether they are required to notify their
interest in, or a change to their interest in, Ocado under the FCA's
Disclosure Guidance and Transparency Rules.

 

Excluding the 10,438,075 ordinary shares held by Wealth Nominees Limited as
detailed above, Ocado has shares in issue with aggregate voting rights of
814,349,761.

 

Person responsible for arranging the release of this announcement:

 

Neill Abrams

Company Secretary

Ocado Group plc

Buildings One & Two

Trident Place

Mosquito Way

Hatfield

Hertfordshire AL10 9UL

Fax: +44 (0)1707 227 997

email: company.secretary@ocado.com (mailto:company.secretary@ocado.com)

 

Ocado Group plc LEI: 213800LO8F61YB8MBC74

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