Director's Dealing • Jul 2, 2019
Director's Dealing
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RNS Number : 2342E
Ocado Group PLC
02 July 2019
DIRECTOR/PDMR NOTIFICATION
OCADO GROUP PLC
2 July 2019
Ocado Group plc
Director/PDMR Notification
Ocado Group plc (the "Company" or "Ocado") makes the following announcement regarding a transaction in Ocado ordinary shares of 2 pence each ("Shares") carried out by one of its Directors.
The Company received notification on 1 July 2019 that Neill Abrams, Group General Counsel and Company Secretary, has completed pre-existing forward sale agreements relating to the Shares.
| 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 and Company Secretary | |||
| 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 Identification code |
Ordinary shares of 2 pence each in Ocado Group plc ISIN GB00B3MBS747 |
|||
| b) | Nature of the transaction | As described on page 238 of the prospectus issued by the Company on 6 July 2010, on 22 June 2010 Neill Abrams entered into three contracts each for the transfer of 100,000 Shares held in his name to his wife, as bare trustee for each of his three children, in consideration of £100 and 97 per cent. of the market value of the Ordinary Shares on completion. As previously reported on 11 May 2016, the completion date was agreed to be 30 June 2019 or such other date as the parties may agree. The contracts completed on 30 June 2019. |
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| c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
| £11.32 | 300,000 | ||||
| d) | Aggregated information - Aggregated volume - Price |
Price | Aggregated volume | Aggregate total | |
| £11.32 | 300,000 | £3,396,270 | |||
| e) | Date of the transaction | 30 June 2019 | |||
| f) | Place of the transaction | Outside of 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: [email protected]
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 [email protected] or visit www.rns.com.
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