TIDMOCDO

RNS Number : 2908Q

Ocado Group PLC

17 June 2020

DIRECTOR/PDMR NOTIFICATION

OCADO GROUP PLC

17 June 2020

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 responsibilities/person 
  1     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 the               Ordinary shares of 2 pence each in Ocado 
        financial instrument,            Group plc 
        type of instrument 
 
        Identification code              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 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 7 Partnership Shares 
                                         at a price of GBP19.580 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) 
      -------------------------------  -------------------------------  ---------------------------- 
   GBP19.580                                                             7 
  -------------------------------                                       ---------------------------- 
   GBP0.00                                                               1 
  -------------------------------                                       ---------------------------- 
 d)         Aggregated information      Price             Aggregated volume      Aggregate total 
 
              *    Aggregated volume 
 
 
 
              *    Price 
      -------------------------------  ----------------  ---------------------  -------------------- 
   GBP17.133         8                                                           GBP137.06 
  ----------------  ----------------------------------------------------------  -------------------- 
 e)    Date of the transaction          15 June 2020 
      -------------------------------  ------------------------------------------------------------- 
 f)    Place of the transaction         London Stock Exchange (XLON) 
      -------------------------------  ------------------------------------------------------------- 
 
 
 
       Details of the person discharging managerial responsibilities/person 
  1     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 the               Ordinary shares of 2 pence each in Ocado 
        financial instrument,            Group plc 
        type of instrument 
 
        Identification code              ISIN GB00B3MBS747 
      -------------------------------  --------------------------------------------------------------- 
 b)    Nature of the transaction        Duncan Tatton-Brown 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 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 8 Partnership 
                                         Shares at a price of GBP19.580 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) 
      -------------------------------  -------------------------------  ------------------------------ 
   GBP19.580                                                             8 
  -------------------------------                                       ------------------------------ 
   GBP0.00                                                               1 
  -------------------------------                                       ------------------------------ 
 d)         Aggregated information      Price              Aggregated volume      Aggregate total 
 
              *    Aggregated volume 
 
 
 
              *    Price 
      -------------------------------  -----------------  ---------------------  --------------------- 
   GBP17.404          9                                                           GBP156.64 
  -----------------  ----------------------------------------------------------  --------------------- 
 e)    Date of the transaction          15 June 2020 
      -------------------------------  --------------------------------------------------------------- 
 f)    Place of the transaction         London Stock Exchange (XLON) 
      -------------------------------  --------------------------------------------------------------- 
 
 
 
       Details of the person discharging managerial responsibilities/person 
  1     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 the               Ordinary shares of 2 pence each in Ocado 
        financial instrument,            Group plc 
        type of instrument 
 
        Identification code              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 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 7 Partnership 
                                         Shares at a price of GBP19.580 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) 
      -------------------------------  -------------------------------  ---------------------------- 
   GBP19.580                                                             7 
  -------------------------------                                       ---------------------------- 
   GBP0.00                                                               1 
  -------------------------------                                       ---------------------------- 
 d)         Aggregated information      Price             Aggregated volume      Aggregate total 
 
              *    Aggregated volume 
 
 
 
              *    Price 
      -------------------------------  ----------------  ---------------------  -------------------- 
   GBP17.133         8                                                           GBP137.06 
  ----------------  ----------------------------------------------------------  -------------------- 
 e)    Date of the transaction          15 June 2020 
      -------------------------------  ------------------------------------------------------------- 
 f)    Place of the transaction         London Stock Exchange (XLON) 
      -------------------------------  ------------------------------------------------------------- 
 
 
 
       Details of the person discharging managerial responsibilities/person 
  1     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 the               Ordinary shares of 2 pence each in Ocado 
        financial instrument,            Group plc 
        type of instrument 
 
        Identification code              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 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 7 Partnership Shares 
                                         at a price of GBP19.580 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) 
      -------------------------------  -------------------------------  ---------------------------- 
   GBP19.580                                                             7 
  -------------------------------                                       ---------------------------- 
   GBP0.00                                                               1 
  -------------------------------                                       ---------------------------- 
 d)         Aggregated information      Price             Aggregated volume      Aggregate total 
 
              *    Aggregated volume 
 
 
 
              *    Price 
      -------------------------------  ----------------  ---------------------  -------------------- 
   GBP17.133         8                                                           GBP137.06 
  ----------------  ----------------------------------------------------------  -------------------- 
 e)    Date of the transaction          15 June 2020 
      -------------------------------  ------------------------------------------------------------- 
 f)    Place of the transaction         London Stock Exchange (XLON) 
      -------------------------------  ------------------------------------------------------------- 
 
 
 
       Details of the person discharging managerial responsibilities/person 
  1     closely associated 
 a)    Name                             Luke Jensen 
      -------------------------------  ------------------------------------------------------------- 
 2     Reason for the notification 
      ---------------------------------------------------------------------------------------------- 
 a)    Position/status                  CEO, Ocado Solutions 
      -------------------------------  ------------------------------------------------------------- 
 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 the               Ordinary shares of 2 pence each in Ocado 
        financial instrument,            Group plc 
        type of instrument 
 
        Identification code              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 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"). 
                                         Luke Jensen purchased 7 Partnership Shares 
                                         at a price of GBP19.580 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) 
      -------------------------------  -------------------------------  ---------------------------- 
   GBP19.580                                                             7 
  -------------------------------                                       ---------------------------- 
   GBP0.00                                                               1 
  -------------------------------                                       ---------------------------- 
 d)         Aggregated information      Price             Aggregated volume      Aggregate total 
 
              *    Aggregated volume 
 
 
 
              *    Price 
      -------------------------------  ----------------  ---------------------  -------------------- 
   GBP17.133         8                                                           GBP137.06 
  ----------------  ----------------------------------------------------------  -------------------- 
 e)    Date of the transaction          15 June 2020 
      -------------------------------  ------------------------------------------------------------- 
 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.

END

DSHUBANRRRUNAAR

(END) Dow Jones Newswires

June 17, 2020 12:11 ET (16:11 GMT)

Ocado (LSE:OCDO)
Historical Stock Chart
From Jul 2020 to Aug 2020 Click Here for more Ocado Charts.
Ocado (LSE:OCDO)
Historical Stock Chart
From Aug 2019 to Aug 2020 Click Here for more Ocado Charts.