Ocado Group PLC Total Voting Rights (8235L)
December 31 2018 - 6:13AM
UK Regulatory
TIDMOCDO
RNS Number : 8235L
Ocado Group PLC
31 December 2018
TOTAL VOTING RIGHTS
OCADO GROUP PLC
31 December 2018
Ocado Group plc
Voting rights and capital
In accordance with the FCA's Disclosure Guidance and
Transparency Rules, Ocado Group plc ("Ocado") announces that, as at
31 December 2018:
-- it had 698,291,913 issued ordinary shares of 2 pence each
admitted to trading. Each ordinary share carries the right to one
vote in relation to all circumstances at general meetings of
Ocado;
-- it does not hold any ordinary shares in treasury; and
-- accordingly, it had total voting rights of 698,291,913. Of these issued ordinary shares:
-- 2,189,547 are held by Yorkshire Building Society, the trustee
for the Company's employee Share Incentive Plan, who must vote, at
the request of a participant, in respect of ordinary shares held by
the trustee on behalf of that participant;
-- 6,401,306 shares are held by Wealth Nominees Limited on
behalf of Estera Trust (Jersey) Limited, the independent company
which is the trustee of Ocado's employee benefit trust (the "EBT
Trustee"). The EBT Trustee has waived its right to exercise its
voting rights and to receive dividends in respect of 6,401,306
ordinary shares, although it may vote in respect of 1,885,014
ordinary shares which have vested under the joint share ownership
scheme and remain in the trust, at the request of a participant.
The total of 6,401,306 ordinary shares held by the EBT Trustee are
treated as treasury shares in the group's consolidated balance
sheet in accordance with IAS 32 "Financial Instruments:
Presentation". As such, calculations of earnings per share for
Ocado exclude the 6,401,306 ordinary shares held by the EBT
Trustee.
The total voting rights figure 698,291,913 may be used by
shareholders and others with notification obligations as the
denominator for the calculations by which they will determine
whether they are required to notify their interest in, or a change
to their interest in, Ocado under the FCA's Disclosure Rules and
Transparency Rules.
In aggregate 6,401,306 ordinary shares held by Wealth Nominees
Limited are treated as treasury shares in the group's consolidated
balance sheet. Excluding the 6,401,306 ordinary shares held by
Wealth Nominees Limited as detailed above, Ocado has shares in
issue with aggregate voting rights of 691,890,607.
Person responsible for arranging the release of this
announcement:
Neill Abrams
Company Secretary
Ocado Group plc
Buildings One & Two
Trident Place
Mosquito Way
Hatfield
Hertfordshire AL10 9UL
Fax: +44 (0)1707 227 997
email: company.secretary@ocado.com
Ocado Group plc LEI: 213800LO8F61YB8MBC74
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END
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