Director's Dealing • Mar 17, 2020
Director's Dealing
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RNS Number : 5152G
Ocado Group PLC
17 March 2020
DIRECTOR/PDMR NOTIFICATION
OCADO GROUP PLC
17 March 2020
Ocado Group plc
Director/PDMR Notification
Ocado Group plc (the "Company") makes the following announcement regarding its Directors' participation in The Ocado Share Incentive Plan.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Tim Steiner | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Executive Officer | |||
| 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 | Tim Steiner participated in the Ocado Share Incentive Plan ("SIP"). The SIP is a HMRC approved tax-advantaged all-employee share scheme that was approved by shareholders at the Company's Annual General Meeting on 11 May 2011. Under it, employees are able to purchase ordinary shares in the Company of 2 pence each at market value ("Partnership Shares"), using deductions from salary each month, and receive allocations of matching ordinary shares of 2 pence each ("Matching Shares"). Tim Steiner purchased 12 Partnership Shares at a price of £11.830 per Partnership Share, and was granted by the Company (for no consideration) 2 Matching Shares. These shares are held by the employee benefit trust for the SIP. |
|||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
| £11.830 | 12 | ||||
| £0.00 | 2 | ||||
| d) | Aggregated information - Aggregated volume - Price |
Price | Aggregated volume | Aggregate total | |
| £10.140 | 14 | £141.96 | |||
| e) | Date of the transaction | 16 March 2020 | |||
| f) | Place of the transaction | London Stock Exchange (XLON) | |||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Duncan Tatton-Brown | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Financial Officer | |||
| 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 | Duncan Tatton-Brown participated in the Ocado Share Incentive Plan ("SIP"). The SIP is a HMRC approved tax-advantaged all-employee share scheme that was approved by shareholders at the Company's Annual General Meeting on 11 May 2011. Under it, employees are able to purchase ordinary shares in the Company of 2 pence each at market value ("Partnership Shares"), using deductions from salary each month, and receive allocations of matching ordinary shares of 2 pence each ("Matching Shares"). Duncan Tatton-Brown purchased 13 Partnership Shares at a price of £11.830 per Partnership Share, and was granted by the Company (for no consideration) 2 Matching Shares. These shares are held by the employee benefit trust for the SIP. |
|||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
| £11.830 | 13 | ||||
| £0.00 | 2 | ||||
| d) | Aggregated information - Aggregated volume - Price |
Price | Aggregated volume | Aggregate total | |
| £10.253 | 15 | £153.79 | |||
| e) | Date of the transaction | 16 March 2020 | |||
| f) | Place of the transaction | London Stock Exchange (XLON) | |||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Mark Richardson | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Operations Officer | |||
| 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 | Mark Richardson participated in the Ocado Share Incentive Plan ("SIP"). The SIP is a HMRC approved tax-advantaged all-employee share scheme that was approved by shareholders at the Company's Annual General Meeting on 11 May 2011. Under it, employees are able to purchase ordinary shares in the Company of 2 pence each at market value ("Partnership Shares"), using deductions from salary each month, and receive allocations of matching ordinary shares of 2 pence each ("Matching Shares"). Mark Richardson purchased 12 Partnership Shares at a price of £11.830 per Partnership Share, and was granted by the Company (for no consideration) 2 Matching Shares. These shares are held by the employee benefit trust for the SIP. |
|||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
| £11.830 | 12 | ||||
| £0.00 | 2 | ||||
| d) | Aggregated information - Aggregated volume - Price |
Price | Aggregated volume | Aggregate total | |
| £10.140 | 14 | £141.96 | |||
| e) | Date of the transaction | 16 March 2020 | |||
| f) | Place of the transaction | London Stock Exchange (XLON) | |||
| 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 | Neill Abrams participated in the Ocado Share Incentive Plan ("SIP"). The SIP is a HMRC approved tax-advantaged all-employee share scheme that was approved by shareholders at the Company's Annual General Meeting on 11 May 2011. Under it, employees are able to purchase ordinary shares in the Company of 2 pence each at market value ("Partnership Shares"), using deductions from salary each month, and receive allocations of matching ordinary shares of 2 pence each ("Matching Shares"). Neill Abrams purchased 12 Partnership Shares at a price of £11.830 per Partnership Share, and was granted by the Company (for no consideration) 2 Matching Shares. These shares are held by the employee benefit trust for the SIP. |
|||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
| £11.830 | 12 | ||||
| £0.00 | 2 | ||||
| d) | Aggregated information - Aggregated volume - Price |
Price | Aggregated volume | Aggregate total | |
| £10.140 | 14 | £141.96 | |||
| e) | Date of the transaction | 16 March 2020 | |||
| f) | Place of the transaction | London Stock Exchange (XLON) | |||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Luke Jensen | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | CEO, Ocado Solutions | |||
| 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 | Luke Jensen participated in the Ocado Share Incentive Plan ("SIP"). The SIP is a HMRC approved tax-advantaged all-employee share scheme that was approved by shareholders at the Company's Annual General Meeting on 11 May 2011. Under it, employees are able to purchase ordinary shares in the Company of 2 pence each at market value ("Partnership Shares"), using deductions from salary each month, and receive allocations of matching ordinary shares of 2 pence each ("Matching Shares"). Luke Jensen purchased 12 Partnership Shares at a price of £11.830 per Partnership Share, and was granted by the Company (for no consideration) 2 Matching Shares. These shares are held by the employee benefit trust for the SIP. |
|||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
| £11.830 | 12 | ||||
| £0.00 | 2 | ||||
| d) | Aggregated information - Aggregated volume - Price |
Price | Aggregated volume | Aggregate total | |
| £10.140 | 14 | £141.96 | |||
| e) | Date of the transaction | 16 March 2020 | |||
| f) | Place of the transaction | London Stock Exchange (XLON) | |||
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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