Director/PDMR Shareholding

Ocado Group PLC

21 May 2024

 

DIRECTOR/PDMR SHAREHOLDING
OCADO GROUP PLC

21 May 2024

Ocado Group plc
Director/PDMR Notification

Ocado Group plc (the "Company") announces that on 16 May 2024 awards under the Ocado Performance Share Plan 2024 (the "PSP") were granted to the PDMRs detailed below in the form of nil-cost options (the "Awards") over ordinary shares in the Company.    

The PSP was approved by the Company's shareholders at the Company's Annual General Meeting on 29 April 2024.

A summary of the principal terms of the PSP are set out in the Company's Notice of Annual General Meeting dated 29 February 2024.

Details of the Awards are as set out below.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Tim Steiner
2	Reason for the notification
a)	Position/status	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 in Ocado Group plc ISIN GB00B3MBS747
b)	Nature of the transaction	Grant of a nil-cost option, subject to the rules of the PSP.
c)	Price(s) and volume(s)	Price(s)		Volume(s)
		£0.00		3,990,760
d)	Aggregated information -     Aggregated volume -     Price	Price	Aggregated volume		Aggregate total
		£0.00	3,990,760		£0.00
e)	Date of the transaction	16 May 2024
f)	Place of the transaction	Outside a regulated market

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Mark Richardson
2	Reason for the notification
a)	Position/status	CEO, Ocado Intelligent Automation
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 a nil-cost option, subject to the rules of the PSP.
c)	Price(s) and volume(s)	Price(s)		Volume(s)
		£0.00		613,266
d)	Aggregated information -     Aggregated volume -     Price	Price	Aggregated volume		Aggregate total
		£0.00	613,266		£0.00
e)	Date of the transaction	16 May 2024
f)	Place of the transaction	Outside a regulated market

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Stephen Daintith
2	Reason for the notification
a)	Position/status	Chief Financial 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 in Ocado Group plc ISIN GB00B3MBS747
b)	Nature of the transaction	Grant of a nil-cost option, subject to the rules of the PSP.
c)	Price(s) and volume(s)	Price(s)		Volume(s)
		£0.00		872,534
d)	Aggregated information -     Aggregated volume -     Price	Price	Aggregated volume		Aggregate total
		£0.00	872,534		£0.00
e)	Date of the transaction	16 May 2024
f)	Place of the transaction	Outside a regulated market

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 a nil-cost option, subject to the rules of the PSP.
c)	Price(s) and volume(s)	Price(s)		Volume(s)
		£0.00		759,020
d)	Aggregated information -     Aggregated volume -     Price	Price	Aggregated volume		Aggregate total
		£0.00	759,020		£0.00
e)	Date of the transaction	16 May 2024
f)	Place of the transaction	Outside a regulated market

Further information concerning each Director's other interests in shares and share awards are set out in the Company's annual report and accounts for the 53 weeks ended 3 December 2023, except as otherwise amended by a subsequent announcement.

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:

Megan Barnes
Head of Secretariat
Ocado Group plc
Buildings One & Two Trident Place
Mosquito Way
Hatfield
Hertfordshire
AL10 9UL
Fax: [phone]
email: [e-mail]

Ocado Group plc LEI: 213800LO8F61YB8MBC74

 

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