Director/PDMR Shareholding

RNS Number : 7865I
Ocado Group PLC
20 April 2022
 

DIRECTOR/PDMR NOTIFICATION
OCADO GROUP PLC

20 April 2022

Ocado Group plc
Director/PDMR Notification


Ocado Group plc (the "Company") makes the following announcement regarding its PDMRs' 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 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 at market value ("Partnership Shares"), using deductions from salary each month, and receive allocations of matching ordinary shares ("Matching Shares").

Tim Steiner purchased 13 Partnership Shares at a price of £11.385 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)

£11.385

 

13



£0.00

 

2

d)

Aggregated information

 

-  Aggregated volume

 

-  Price

 

Price

Aggregated volume

Aggregate total

£9.867

15

£148.01

e)

Date of the transaction

 

19 April 2022

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 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 at market value ("Partnership Shares"), using deductions from salary each month, and receive allocations of matching ordinary shares ("Matching Shares").

Mark Richardson purchased 13 Partnership Shares at a price of £11.385 per Partnership Share, and was granted by the Company (for no consideration) 1 Matching Share. These shares are held by the employee benefit trust for the SIP.

 

c)

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

£11.385

 

13

 


£0.00

 

1

d)

Aggregated information

 

-  Aggregated volume

 

-  Price

 

Price

Aggregated volume

Aggregate total

£10.572

14

£148.01

e)

Date of the transaction

 

19 April 2022

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 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 at market value ("Partnership Shares"), using deductions from salary each month, and receive allocations of matching ordinary shares ("Matching Shares").

Neill Abrams purchased 13 Partnership Shares at a price of £11.385 per Partnership Share, and was granted by the Company (for no consideration) 1 Matching Share. These shares are held by the employee benefit trust for the SIP.

 

c)

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

£11.385

 

13



£0.00

 

1

d)

Aggregated information

 

-  Aggregated volume

 

-  Price

 

Price

Aggregated volume

Aggregate total

£10.572

14

£148.01

e)

Date of the transaction

 

19 April 2022

 

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 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 at market value ("Partnership Shares"), using deductions from salary each month, and receive allocations of matching ordinary shares ("Matching Shares").

Luke Jensen purchased 14 Partnership Shares at a price of £11.385 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)

£11.385

 

14



£0.00

 

2

d)

Aggregated information

 

-  Aggregated volume

 

-  Price

 

Price

Aggregated volume

Aggregate total

£9.962

16

£159.39

e)

Date of the transaction

 

19 April 2022

f)

Place of the transaction

 

London Stock Exchange (XLON)

 


1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

 

Stephen Daintith

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 in Ocado Group plc

 

 

ISIN GB00B3MBS747

b)

Nature of the transaction

 

Stephen Daintith 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 at market value ("Partnership Shares"), using deductions from salary each month, and receive allocations of matching ordinary shares ("Matching Shares").

Stephen Daintith purchased 14 Partnership Shares at a price of £11.385 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)

£11.385

 

14



£0.00

 

2

d)

Aggregated information

 

-  Aggregated volume

 

-  Price

 

Price

Aggregated volume

Aggregate total

£9.962

16

£159.39

e)

Date of the transaction

 

19 April 2022

f)

Place of the transaction

 

London Stock Exchange (XLON)

 


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

 

James Matthews 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 at market value ("Partnership Shares"), using deductions from salary each month, and receive allocations of matching ordinary shares ("Matching Shares").

James Matthews purchased 13 Partnership Shares at a price of £11.385 per Partnership Share, and was granted by the Company (for no consideration) 1 Matching Share. These shares are held by the employee benefit trust for the SIP.

 

c)

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

£11.385

 

13



£0.00

 

1

d)

Aggregated information

 

-  Aggregated volume

 

-  Price

 

Price

Aggregated volume

Aggregate total

£10.572

14

£148.01

e)

Date of the transaction

 

19 April 2022

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:
company.secretary@ocado.com  

 

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 rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHURAORUWUSUAR

Companies

Ocado Group (OCDO)
UK 100

Latest directors dealings