Ocado Group PLC Director/PDMR Shareholding (3932J)

TIDMOCDO

RNS Number : 3932J

Ocado Group PLC

02 April 2015

OCADO GROUP PLC

DIRECTOR/PDMR SHAREHOLDING

2 April 2015

Ocado Group plc

Director/PDMR Notification

Ocado Group plc (the "Company") announces, pursuant to rule 3.1.2R of the FCA's Disclosure Rules and Transparency Rules, that the four directors listed below (the "Directors") have elected to participate in the 2015 Ocado Sharesave Scheme ("2015 SAYE"). An element of this participation involves the Directors being granted options to purchase ordinary shares of 2p each in the Company ("Options"), at an exercise price of 324 pence per share. The 2015 SAYE is HMRC approved and is available to all of the Company's employees on identical terms.

The other details of the Options are set out below:

 
    Director/PDMR     Number of Options granted   Period exercisable 
--------------------  -------------------------  ------------------- 
 Tim Steiner                    2,777             01/05/2018 - 
                                                   01/11/2018 
--------------------  -------------------------  ------------------- 
 Duncan Tatton-Brown            2,777             01/05/2018 - 
                                                   01/11/2018 
--------------------  -------------------------  ------------------- 
 Neill Abrams                   2,777             01/05/2018 - 
                                                   01/11/2018 
--------------------  -------------------------  ------------------- 
 Mark Richardson                5,555             01/05/2018 - 
                                                   01/11/2018 
--------------------  -------------------------  ------------------- 
 

As a result of the above transaction, the interests of the Directors in options over the Company's ordinary shares are:

 
    Director/PDMR      Total interest 
                         in options 
---------------------  -------------- 
 Tim Steiner              105,764 
---------------------  -------------- 
 Duncan Tatton-Brown       15,687 
---------------------  -------------- 
 Neill Abrams             205,767 
---------------------  -------------- 
 Mark Richardson           75,555 
---------------------  -------------- 
 

For the purposes of DTR 3.1.3, the above transactions took place in the United Kingdom, with a grant date of 1 April 2015 and the Directors being notified on 2 April 2015.

Enquiries:

Company Secretary

Ocado Group plc

Titan Court

3 Bishops Square

Hatfield Business Park

Hatfield

Hertfordshire AL10 9NE

Fax: [phone]

email: [e-mail]

This information is provided by RNS

The company news service from the London Stock Exchange

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