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OCDO Ocado Group Plc

375.00
16.60 (4.63%)
Last Updated: 12:55:51
Delayed by 15 minutes
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
  16.60 4.63% 375.00 373.90 374.60 379.00 362.00 363.00 1,098,715 12:55:51
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc Retail Stores, Nec 2.83B -314M -0.3838 -9.82 3.08B

Ocado Group PLC Director/PDMR Shareholding (5203X)

24/11/2017 5:39pm

UK Regulatory


Ocado (LSE:OCDO)
Historical Stock Chart


From Apr 2019 to Apr 2024

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TIDMOCDO

RNS Number : 5203X

Ocado Group PLC

24 November 2017

DIRECTOR/PDMR SHAREHOLDING

OCADO GROUP PLC

24 November 2017

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 transferred its ordinary shares in the Company to Linic Ltd, a company wholly owned by Arthur Seligman, as trustee of the Steiner 2008 Millennium Trust (the "Transfer"). In connection with the Transfer, the existing security interest over the shares has been released and a new security interest granted on similar terms. Following the Transaction, the shares therefore remain subject to a security interest. There is no change in the underlying beneficial ownership of the shares.

 
       Details of the person discharging managerial 
  1     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/             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                     Release of security interest 
        transaction                       over ordinary shares in the Company 
                                          and transfer of such shares by 
                                          way of gift from Steiner 2008 
                                          Millennium Trust to Linic Ltd, 
                                          a company wholly owned by Arthur 
                                          Seligman as trustee of the Steiner 
                                          2008 Millennium Trust. 
----  --------------------------------  ------------------------------------------------------ 
 c)    Price(s) and volume(s)            Price(s)              Volume(s) 
----  --------------------------------  --------------------  -------------------------------- 
   GBP0.00                                                     14,291,200 
  --------------------                                        -------------------------------- 
 d)         Aggregated information       Price                Aggregated    Aggregate 
                                                              volume         total 
              *    Aggregated volume 
 
 
 
              *    Price 
----  --------------------------------  -------------------  ------------  ------------------- 
   GBP0.00              14,291,200                                          GBP0.00 
  -------------------  --------------------------------------------------  ------------------- 
 e)    Date of the transaction           24 November 2017 
----  --------------------------------  ------------------------------------------------------ 
 f)    Place of the transaction          London Stock Exchange (XLON) 
----  --------------------------------  ------------------------------------------------------ 
 
 
 
       Details of the person discharging managerial 
  1     responsibilities/person closely associated 
----  ---------------------------------------------------------------------------------------- 
 a)    Name                              Linic Ltd 
----  --------------------------------  ------------------------------------------------------ 
 2     Reason for the notification 
----  ---------------------------------------------------------------------------------------- 
 a)    Position/status                   Person closely associated with 
                                          Tim Steiner, 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                     Acquisition of ordinary shares 
        transaction                       in the Company by Linic Ltd, 
                                          a company wholly owned by Arthur 
                                          Seligman as trustee of the Steiner 
                                          2008 Millennium Trust, from Steiner 
                                          2008 Millennium Trust by way 
                                          of gift and the granting of a 
                                          security interest over such shares 
                                          (on similar terms to the security 
                                          interest which applied to such 
                                          shares prior to their transfer). 
----  --------------------------------  ------------------------------------------------------ 
 c)    Price(s) and volume(s)            Price(s)              Volume(s) 
----  --------------------------------  --------------------  -------------------------------- 
   GBP0.00                                                     14,291,200 
  --------------------                                        -------------------------------- 
 d)         Aggregated information       Price                Aggregated    Aggregate 
                                                              volume         total 
              *    Aggregated volume 
 
 
 
              *    Price 
----  --------------------------------  -------------------  ------------  ------------------- 
   GBP0.00              14,291,200                                          GBP0.00 
  -------------------  --------------------------------------------------  ------------------- 
 e)    Date of the transaction           24 November 2017 
----  --------------------------------  ------------------------------------------------------ 
 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

Buildings One & Two Trident Place

Mosquito Way

Hatfield

Hertfordshire

AL10 9UL

Fax: +44 (0)1707 227997

email: company.secretary@ocado.com

Ocado Group plc LEI: 213800LO8F61YB8MBC74

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHUSOBRBBAAUAA

(END) Dow Jones Newswires

November 24, 2017 12:39 ET (17:39 GMT)

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