Ocado Group PLC Director/PDMR Shareholding (3310Q)
November 28 2016 - 9:20AM
UK Regulatory
TIDMOCDO
RNS Number : 3310Q
Ocado Group PLC
28 November 2016
DIRECTOR/PDMR SHAREHOLDING
OCADO GROUP PLC
28 November 2016
Ocado Group plc
Director/PDMR Notification
Ocado Group plc (the "Company") announces that it has received
notification that Arthur Seligman as trustee of the Steiner 2008
Millennium Trust, of which Tim Steiner, Ocado's Chief Executive
Officer, is one of a number of discretionary beneficiaries, has
granted a security interest over its ordinary shares in the
Company. There is no change in beneficial ownership of the
shares.
Details of the person discharging managerial
1 responsibilities/person closely associated
---- --------------------------------------------------------------------------------------
a) Name Arthur Seligman as trustee of
the Steiner 2008 Millennium Trust
---- -------------------------------- ----------------------------------------------------
2 Reason for the notification
---- --------------------------------------------------------------------------------------
a) Position/status Person closely associated with
Tim Steiner, 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 Grant of security interest over
transaction ordinary shares in the Company.
---- -------------------------------- ----------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---- -------------------------------- ------------------- -------------------------------
GBP0.00 14,291,200
------------------- -------------------------------
d) Aggregated information Price Aggregated Aggregate
volume total
* Aggregated volume
* Price
---- -------------------------------- ------------------ ------------ ------------------
GBP0.00 14,291,200 GBP0.00
------------------ -------------------------------------------------- ------------------
e) Date of the transaction 25 November 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 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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