Director/PDMR Shareholding

RNS Number : 1944V

Ocado Group PLC

03 April 2023

 

DIRECTOR/PDMR SHAREHOLDING
OCADO GROUP PLC

3 April 2023

Ocado Group plc
Director/PDMR Notification

Ocado Group plc ("the Company") announces that on 29 March 2023 an award ("the Award") was granted to James Matthews, CEO, Ocado Technology, and a PDMR of the Company under the terms of the Ocado Restricted Share Plan ("the RSP"). 

The Award was granted in the form of an option with a nil exercise price over an aggregrate of 102,996 ordinary shares in the Company (the "Shares"). The option is split into two tranches: one of 101,400 Shares and the other of the remaining 1,596 Shares.   

Subject to the rules of the RSP, the option will vest in accordance with the timetable for Vesting of "banked" awards under the Company's Value Creation Plan ("VCP"), approved by the Company's shareholders in 2019 and 2022.

Details of the Award are as set out below.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	James Matthews
2	Reason for the notification
a)	Position/status	CEO, Ocado Technology
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 in Ocado Group plc ISIN GB00B3MBS747
b)	Nature of the transaction	Grant of  nil cost option over an aggregrate of 102,996 Shares, subject to the rules of the RSP . The option is split into two tranches: one of 101,400 Shares and the other of the remaining 1,596 Shares.
c)	Price(s) and volume(s)	Price(s)		Volume(s)
		£0.00		102,996
d)	Aggregated information -  Aggregated volume -  Price	Price	Aggregated volume		Aggregate total
		£0.00	102,996		£0.00
e)	Date of the transaction	29 March 2023
f)	Place of the transaction	Outside 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: [phone]
email: [e-mail]

Ocado Group plc LEI: 213800LO8F61YB8MBC74

 

END

 

 

DSHUOAOROSUSRAR