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Regulatory Story
Company Ocado Group PLC
TIDM OCDO
Headline Director/PDMR Shareholding
Released 13:20 02-Jul-2019
Number 2342E13

RNS Number : 2342E
Ocado Group PLC
02 July 2019
 

DIRECTOR/PDMR NOTIFICATION
OCADO GROUP PLC

2 July 2019

Ocado Group plc
Director/PDMR Notification


Ocado Group plc (the "Company" or "Ocado") makes the following announcement regarding a transaction in Ocado ordinary shares of 2 pence each ("Shares") carried out by one of its Directors.

The Company received notification on 1 July 2019 that Neill Abrams, Group General Counsel and Company Secretary, has completed pre-existing forward sale agreements relating to the Shares.


1

Details of the person discharging managerial 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/ Amendment

 

Initial notification

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 financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 2 pence each in Ocado Group plc

 

 

ISIN GB00B3MBS747

b)

Nature of the transaction

 

As described on page 238 of the prospectus issued by the Company on 6 July 2010, on 22 June 2010 Neill Abrams entered into three contracts each for the transfer of 100,000 Shares held in his name to his wife, as bare trustee for each of his three children, in consideration of £100 and 97 per cent. of the market value of the Ordinary Shares on completion.

As previously reported on 11 May 2016, the completion date was agreed to be 30 June 2019 or such other date as the parties may agree. The contracts completed on 30 June 2019. 

c)

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

£11.32

 

300,000

d)

Aggregated information

 

-     Aggregated volume

 

-     Price

 

Price

Aggregated volume

Aggregate total

£11.32

300,000

£3,396,270

e)

Date of the transaction

 

30 June 2019

 

f)

Place of the transaction

 

Outside of a regulated market

 

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


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