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Ocado Group PLC
Director's Dealing • Apr 3, 2023
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Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 1944V
Ocado Group PLC
03 April 2023
DIRECTOR/PDMR SHAREHOLDING
OCADO GROUP PLC
3 April 2023
Ocado Group plc
Director/PDMR Notification
Ocado Group plc ("the Company") announces that on 29 March 2023 an award ("the Award") was granted to James Matthews, CEO, Ocado Technology, and a PDMR of the Company under the terms of the Ocado Restricted Share Plan ("the RSP").
The Award was granted in the form of an option with a nil exercise price over an aggregrate of 102,996 ordinary shares in the Company (the "Shares"). The option is split into two tranches: one of 101,400 Shares and the other of the remaining 1,596 Shares.
Subject to the rules of the RSP, the option will vest in accordance with the timetable for Vesting of "banked" awards under the Company's Value Creation Plan ("VCP"), approved by the Company's shareholders in 2019 and 2022.
Details of the Award are as set out below.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | James Matthews | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | CEO, Ocado Technology | |||
| 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 in Ocado Group plc ISIN GB00B3MBS747 |
|||
| b) | Nature of the transaction | Grant of nil cost option over an aggregrate of 102,996 Shares, subject to the rules of the RSP. The option is split into two tranches: one of 101,400 Shares and the other of the remaining 1,596 Shares. | |||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
| £0.00 | 102,996 | ||||
| d) | Aggregated information - Aggregated volume - Price |
Price | Aggregated volume | Aggregate total | |
| £0.00 | 102,996 | £0.00 | |||
| e) | Date of the transaction | 29 March 2023 | |||
| f) | Place of the transaction | Outside 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
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