Director/PDMR Shareholding

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.

1	Details of the person discharging managerial 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/ 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	Grant of security interest over ordinary shares in the Company.
c)	Price(s) and volume(s)	Price(s)		Volume(s)
		£0.00		14,291,200
d)	Aggregated information -     Aggregated volume -     Price	Price	Aggregated volume		Aggregate total
		£0.00	14,291,200		£0.00
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: [phone]
email: [e-mail]

 

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