Director/PDMR Shareholding

RNS Number : 3932J

Ocado Group PLC

02 April 2015

 

OCADO GROUP PLC

DIRECTOR/PDMR SHAREHOLDING

2 April 2015

Ocado Group plc

Director/PDMR Notification

Ocado Group plc (the "Company") announces, pursuant to rule 3.1.2R of the FCA's Disclosure Rules and Transparency Rules, that the four directors listed below (the "Directors") have elected to participate in the 2015 Ocado Sharesave Scheme ("2015 SAYE").  An element of this participation involves the Directors being granted options to purchase ordinary shares of 2p each in the Company ("Options"), at an exercise price of 324 pence per share. The 2015 SAYE is HMRC approved and is available to all of the Company's employees on identical terms.

The other details of the Options are set out below:

Director/PDMR	Number of Options granted	Period exercisable
Tim Steiner	2,777	01/05/2018 - 01/11/2018
Duncan Tatton-Brown	2,777	01/05/2018 - 01/11/2018
Neill Abrams	2,777	01/05/2018 - 01/11/2018
Mark Richardson	5,555	01/05/2018 - 01/11/2018

As a result of the above transaction, the interests of the Directors in options over the Company's ordinary shares are:

Director/PDMR	Total interest in options
Tim Steiner	105,764
Duncan Tatton-Brown	15,687
Neill Abrams	205,767
Mark Richardson	75,555

For the purposes of DTR 3.1.3, the above transactions took place in the United Kingdom, with a grant date of 1 April 2015 and the Directors being notified on 2 April 2015. 

Enquiries:

Company Secretary
Ocado Group plc
Titan Court
3 Bishops Square
Hatfield Business Park
Hatfield
Hertfordshire AL10 9NE
Fax: [phone]
email: [e-mail]

 

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