REG - Ocado Group PLC - Total Voting Rights

OcadoAnnouncement

01/06/2023 11:15

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RNS Number : 3599B  Ocado Group PLC  01 June 2023

TOTAL VOTING RIGHTS

OCADO GROUP PLC

1 June 2023

 

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 31 May 2023:

 

·    it had 827,188,704 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 827,188,704. Of these
issued ordinary shares:

 

·     2,557,286 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;

 

·    563,738 shares are held by Wealth Nominees Limited, and 9,917,035
shares are held by Winterflood Client Nominees Limited, 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 9,917,035 ordinary
shares, although it may vote in respect of 563,738 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 10,480,773 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 10,480,773
ordinary shares held by the EBT Trustee.

 

The total voting rights figure 827,188,704 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 10,480,773 ordinary shares held by Wealth Nominees Limited as
detailed above, Ocado has shares in issue with aggregate voting rights of
816,707,931.

 

Person responsible for arranging the release of this announcement:

 

Megan Barnes

Head of Secretariat

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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