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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Ocado Group Plc | LSE:OCDO | London | Ordinary Share | GB00B3MBS747 | ORD 2P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-9.20 | -2.54% | 353.10 | 352.90 | 353.50 | 368.20 | 350.00 | 364.40 | 5,374,585 | 16:35:19 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Misc Retail Stores, Nec | 2.83B | -314M | -0.3838 | -9.21 | 2.89B |
TIDMOCDO
RNS Number : 3308Q
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 Tim Steiner, Chief Executive Officer of the Company, has granted a security interest over his ordinary shares in the Company. The security interest has been granted in connection with a loan taken out for the purposes of settling obligations under a divorce judgment that was made by an order of court. As a result, the completion of contracts for the transfer of some of these ordinary shares to Tim Steiner's father, Nicolas Steiner (previously notified on 13 May 2016), is conditional on the release of the security interest. There is no change in beneficial ownership of the shares.
Details of the person discharging managerial 1 responsibilities/person closely associated ---- --------------------------------------------------------------------------------------- a) Name Tim Steiner ---- -------------------------------- ----------------------------------------------------- 2 Reason for the notification ---- --------------------------------------------------------------------------------------- a) Position/status Chief Executive Officer ---- -------------------------------- ----------------------------------------------------- b) Initial notification/ Initial notification Amendment ---- -------------------------------- ----------------------------------------------------- 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 Ordinary shares of 2 pence each the financial in Ocado Group plc instrument, type of instrument ISIN GB00B3MBS747 Identification code ---- -------------------------------- ----------------------------------------------------- b) Nature of the Grant of a security interest transaction over 15,197,812 ordinary shares in the Company (including those subject to forward sale agreements with Nicolas Steiner) and any further ordinary shares held from time to time. ---- -------------------------------- ----------------------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) ---- -------------------------------- -------------------- ------------------------------- GBP0.00 15,197,812 -------------------- ------------------------------- d) Aggregated information Price Aggregated Aggregate volume total * Aggregated volume * Price ---- -------------------------------- ------------------- ------------ ------------------ GBP0.00 15,197,812 GBP0.00 ------------------- -------------------------------------------------- ------------------ 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: +44 (0)1707 227 997
email: company.secretary@ocado.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHUWASRNWAAUAA
(END) Dow Jones Newswires
November 28, 2016 09:18 ET (14:18 GMT)
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