TIDMOCDO

RNS Number : 2144N

Ocado Group PLC

21 October 2016

DIRECTOR/PDMR NOTIFICATION

OCADO GROUP PLC

21 October 2016

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.

 
       Details of the person discharging managerial 
  1     responsibilities/person closely associated 
----  ----------------------------------------------------------------------------------------- 
 a)    Name                              Tim Steiner 
----  --------------------------------  ------------------------------------------------------- 
 2     Reason for the notification 
----  ----------------------------------------------------------------------------------------- 
 a)    Position/status                   Chief Executive Officer 
----  --------------------------------  ------------------------------------------------------- 
 b)    Initial notification/             Initial notification 
        Amendment 
----  --------------------------------  ------------------------------------------------------- 
 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                    Ordinary shares of 2 pence each 
        the financial                     in Ocado Group plc 
        instrument, type 
        of instrument 
                                          ISIN GB00B3MBS747 
        Identification 
        code 
----  --------------------------------  ------------------------------------------------------- 
 b)    Nature of the                     Timothy Steiner participated 
        transaction                       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 56 Partnership 
                                          Shares at a price of GBP2.675 
                                          per Partnership Share, and was 
                                          granted by the Company (for no 
                                          consideration) 8 Matching Shares. 
                                          These shares are held by the 
                                          employee benefit trust for the 
                                          SIP. 
----  --------------------------------  ------------------------------------------------------- 
 c)    Price(s) and volume(s)            Price(s)              Volume(s) 
----  --------------------------------  --------------------  --------------------------------- 
   GBP2.675                                                    56 
  --------------------                                        --------------------------------- 
   GBP0.00                                                     8 
  --------------------                                        --------------------------------- 
 d)         Aggregated information       Price                Aggregated    Aggregate 
                                                              volume         total 
              *    Aggregated volume 
 
 
 
              *    Price 
----  --------------------------------  -------------------  ------------  -------------------- 
   GBP2.34              64                                                  GBP149.80 
  -------------------  --------------------------------------------------  -------------------- 
 e)    Date of the transaction           19 October 2016 
----  --------------------------------  ------------------------------------------------------- 
 f)    Place of the transaction          London Stock Exchange (XLON) 
----  --------------------------------  ------------------------------------------------------- 
 
 
 
       Details of the person discharging managerial 
  1     responsibilities/person closely associated 
----  ----------------------------------------------------------------------------------------- 
 a)    Name                              Duncan Tatton-Brown 
----  --------------------------------  ------------------------------------------------------- 
 2     Reason for the notification 
----  ----------------------------------------------------------------------------------------- 
 a)    Position/status                   Chief Financial Officer 
----  --------------------------------  ------------------------------------------------------- 
 b)    Initial notification/             Initial notification 
        Amendment 
----  --------------------------------  ------------------------------------------------------- 
 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                    Ordinary shares of 2 pence each 
        the financial                     in Ocado Group plc 
        instrument, type 
        of instrument 
                                          ISIN GB00B3MBS747 
        Identification 
        code 
----  --------------------------------  ------------------------------------------------------- 
 b)    Nature of the                     Duncan Tatton-Brown participated 
        transaction                       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 
                                          56 Partnership Shares at a price 
                                          of GBP2.675 per Partnership Share, 
                                          and was granted by the Company 
                                          (for no consideration) 8 Matching 
                                          Shares. These shares are held 
                                          by the employee benefit trust 
                                          for the SIP. 
----  --------------------------------  ------------------------------------------------------- 
 c)    Price(s) and volume(s)            Price(s)              Volume(s) 
----  --------------------------------  --------------------  --------------------------------- 
   GBP2.675                                                    56 
  --------------------                                        --------------------------------- 
   GBP0.00                                                     8 
  --------------------                                        --------------------------------- 
 d)         Aggregated information       Price                Aggregated    Aggregate 
                                                              volume         total 
              *    Aggregated volume 
 
 
 
              *    Price 
----  --------------------------------  -------------------  ------------  -------------------- 
   GBP2.34              64                                                  GBP149.80 
  -------------------  --------------------------------------------------  -------------------- 
 e)    Date of the transaction           19 October 2016 
----  --------------------------------  ------------------------------------------------------- 
 f)    Place of the transaction          London Stock Exchange (XLON) 
----  --------------------------------  ------------------------------------------------------- 
 
 
 
       Details of the person discharging managerial 
  1     responsibilities/person closely associated 
----  ----------------------------------------------------------------------------------------- 
 a)    Name                              Mark Richardson 
----  --------------------------------  ------------------------------------------------------- 
 2     Reason for the notification 
----  ----------------------------------------------------------------------------------------- 
 a)    Position/status                   Chief Operations Officer 
----  --------------------------------  ------------------------------------------------------- 
 b)    Initial notification/             Initial notification 
        Amendment 
----  --------------------------------  ------------------------------------------------------- 
 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                    Ordinary shares of 2 pence each 
        the financial                     in Ocado Group plc 
        instrument, type 
        of instrument 
                                          ISIN GB00B3MBS747 
        Identification 
        code 
----  --------------------------------  ------------------------------------------------------- 
 b)    Nature of the                     Mark Richardson participated 
        transaction                       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 56 
                                          Partnership Shares at a price 
                                          of GBP2.675 per Partnership Share, 
                                          and was granted by the Company 
                                          (for no consideration) 8 Matching 
                                          Shares. These shares are held 
                                          by the employee benefit trust 
                                          for the SIP. 
----  --------------------------------  ------------------------------------------------------- 
 c)    Price(s) and volume(s)            Price(s)              Volume(s) 
----  --------------------------------  --------------------  --------------------------------- 
   GBP2.675                                                    56 
  --------------------                                        --------------------------------- 
   GBP0.00                                                     8 
  --------------------                                        --------------------------------- 
 d)         Aggregated information       Price                Aggregated    Aggregate 
                                                              volume         total 
              *    Aggregated volume 
 
 
 
              *    Price 
----  --------------------------------  -------------------  ------------  -------------------- 
   GBP2.34              64                                                  GBP149.80 
  -------------------  --------------------------------------------------  -------------------- 
 e)    Date of the transaction           19 October 2016 
----  --------------------------------  ------------------------------------------------------- 
 f)    Place of the transaction          London Stock Exchange (XLON) 
----  --------------------------------  ------------------------------------------------------- 
 
 
 
       Details of the person discharging managerial 
  1     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/             Initial notification 
        Amendment 
----  --------------------------------  ----------------------------------------------------------- 
 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                    Ordinary shares of 2 pence each 
        the financial                     in Ocado Group plc 
        instrument, type 
        of instrument 
                                          ISIN GB00B3MBS747 
        Identification 
        code 
----  --------------------------------  ----------------------------------------------------------- 
 b)    Nature of the                     Neill Abrams participated in 
        transaction                       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 56 Partnership 
                                          Shares at a price of GBP2.675 
                                          per Partnership Share, and was 
                                          granted by the Company (for no 
                                          consideration) 8 Matching Shares. 
                                          These shares are held by the 
                                          employee benefit trust for the 
                                          SIP. 
----  --------------------------------  ----------------------------------------------------------- 
 c)    Price(s) and volume(s)            Price(s)                Volume(s) 
----  --------------------------------  ----------------------  ----------------------------------- 
   GBP2.675                                                      56 
  ----------------------                                        ----------------------------------- 
   GBP0.00                                                       8 
  ----------------------                                        ----------------------------------- 
 d)         Aggregated information       Price                  Aggregated    Aggregate 
                                                                volume         total 
              *    Aggregated volume 
 
 
 
              *    Price 
----  --------------------------------  ---------------------  ------------  ---------------------- 
   GBP2.34                64                                                  GBP149.80 
  ---------------------  --------------------------------------------------  ---------------------- 
 e)    Date of the transaction           19 October 2016 
----  --------------------------------  ----------------------------------------------------------- 
 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:

Neill Abrams

Company Secretary

Ocado Group plc

Titan Court

3 Bishops Square

Hatfield Business Park

Hatfield, Hertfordshire

AL10 9NE

Fax: +44 (0)1707 227997

email: company.secretary@ocado.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHUAUSRNSARUAA

(END) Dow Jones Newswires

October 21, 2016 10:26 ET (14:26 GMT)

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