Ocado Group PLC Director/PDMR Shareholding (2600Q)

TIDMOCDO

RNS Number : 2600Q

Ocado Group PLC

04 June 2018

DIRECTOR/PDMR NOTIFICATION

OCADO GROUP PLC

4 June 2018

Ocado Group plc

Director/PDMR Notification

Ocado Group plc (the "Company") makes the following announcement regarding the transactions in Ocado ordinary shares of 2 pence each ("Shares") carried out by one of its Directors.

 
       Details of the person discharging managerial 
  1     responsibilities/person closely associated 
----  -------------------------------------------------------------------------------------- 
 a)    Name                             Neill Abrams 
----  -------------------------------  ----------------------------------------------------- 
 2     Reason for the notification 
----  -------------------------------------------------------------------------------------- 
 a)    Position/status                  Group General Counsel and Company 
                                         Secretary 
----  -------------------------------  ----------------------------------------------------- 
 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                    Neill Abrams, an Executive Director 
        transaction                      of Ocado, sold a total of 500,000 
                                         Shares at a price of 895.9395 
                                         pence per Share. 
----  -------------------------------  ----------------------------------------------------- 
 c)    Price(s) and volume(s)           Price(s)            Volume(s) 
----  -------------------------------  ------------------  --------------------------------- 
   GBP8.959395                                              500,000 
  ------------------                                       --------------------------------- 
 d)         Aggregated information      Price              Aggregated    Aggregate 
                                                           volume         total 
              *    Aggregated volume 
 
 
 
              *    Price 
----  -------------------------------  -----------------  ------------  -------------------- 
   GBP8.959395        500,000                                            GBP4,479,697.50 
  -----------------  -------------------------------------------------  -------------------- 
 e)    Date of the transaction          31 May 2018 
----  -------------------------------  ----------------------------------------------------- 
 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:

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

DSHUSVNRWBANRAR

(END) Dow Jones Newswires

June 04, 2018 12:58 ET (16:58 GMT)