TIDMOCDO

RNS Number : 5497V

Ocado Group PLC

18 April 2016

DIRECTOR/PDMR SHAREHOLDING

OCADO GROUP PLC

18 April 2016

Ocado Group plc

Director/PDMR Notification

Ocado Group plc ("the Company") makes the following announcement regarding director participation 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").

The Company directors purchased the number of Partnership Shares set out in the table below at a price of GBP3.408 per Partnership Share, and were granted by the Company (for no consideration) the number of Matching Shares set out in the table below. These shares are held by the employee benefit trust for the SIP. Details of the total shareholdings of the Company directors in the Company's ordinary shares, after the SIP transaction, are set out below.

 
 Name                      Number of         Number of      Total SIP   Number of Ordinary     Percentage 
                          Partnership         Matching        shares      Shares held(1)     of issued share 
                        Shares purchased   Shares granted   this month                           capital 
---------------------  -----------------  ---------------  -----------  ------------------  ---------------- 
 Tim Steiner                  44                 6             50           29,499,968           4.70% 
---------------------  -----------------  ---------------  -----------  ------------------  ---------------- 
 Duncan Tatton-Brown          44                 7             51            524,463             0.08% 
---------------------  -----------------  ---------------  -----------  ------------------  ---------------- 
 Mark Richardson              44                 6             50            251,994             0.04% 
---------------------  -----------------  ---------------  -----------  ------------------  ---------------- 
 Neill Abrams                 44                 6             50           2,075,109            0.33% 
---------------------  -----------------  ---------------  -----------  ------------------  ----------------

(1) The total shareholding of the Directors includes that of their connected persons and excludes any interests, options and awards under the Company's Long Term Incentive Plan, Sharesave, 2001 Executive Share Option Scheme, 2014 Executive Share Option Scheme, Joint Share Ownership Scheme and Growth Incentive Plan.

The transactions took place in the UK on 15 April 2016 with the Company/the Directors being notified on 15 April 2016. This announcement is made in accordance with Disclosure and Transparency Rules 3.1.2R and 3.1.3.

Further information concerning each Director's other interests in shares and share schemes are set out in the Company's annual report and accounts for the 52 weeks ended 29 November 2015, except as otherwise amended by a subsequent announcement.

Enquiries:

Company Secretary

Ocado Group plc

Titan Court

3 Bishops Square

Hatfield Business Park

Hatfield, Hertfordshire AL10 9NE

Fax: +44 (0)1707 227 997

email: company.secretary@ocado.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 18, 2016 10:36 ET (14:36 GMT)

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