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OCDO Ocado Group Plc

360.30
-4.30 (-1.18%)
Last Updated: 15:40:00
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
  -4.30 -1.18% 360.30 360.10 360.50 371.10 354.00 362.80 1,546,006 15:40:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc Retail Stores, Nec 2.83B -314M -0.3838 -9.42 2.96B

Ocado Group PLC Director/PDMR Shareholding (3822U)

28/03/2019 4:21pm

UK Regulatory


Ocado (LSE:OCDO)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Ocado Charts.

TIDMOCDO

RNS Number : 3822U

Ocado Group PLC

28 March 2019

DIRECTOR/PDMR SHAREHOLDING

OCADO GROUP PLC

28 March 2019

Ocado Group plc

Director/PDMR Notification

Ocado Group plc ("the Company") announces that it received a notification on 27 March 2019 in connection with its Directors' participation in the Ocado Long-Term Incentive Plan ("LTIP").

Notification is given relating to LTIP awards originally granted on 17 March 2016 and which vested on 27 March 2019 at 50% of the original award in accordance with the rules of the LTIP and the relevant performance criteria. Some of the shares were sold on 27 March 2019 to finance the associated tax and national insurance liabilities. No payment by the Executive Directors was required for the grant of the awards or issue of the shares on vesting. Details are as set out below.

 
       Details of the person discharging managerial responsibilities/person 
  1     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 the                     Ordinary shares of 2 pence each in Ocado 
        financial instrument,                  Group plc 
        type of instrument 
 
        Identification code                    ISIN GB00B3MBS747 
      -------------------------------------  ---------------------------------------------------------- 
 b)    Nature of the transaction              Tim Steiner participated in the Ocado 
                                               Long-Term Incentive Plan. 
                                               An award was made to Tim Steiner on 17 
                                               March 2016. On 27 March 2019, 214,942 
                                               shares of the original award vested. 
                                               Of those shares, 101,226 were sold to 
                                               finance the associated tax and national 
                                               insurance liabilities. 
      -------------------------------------  ---------------------------------------------------------- 
 c)    Price(s) and volume(s)                 Price(s)              Volume(s) 
      -------------------------------------  --------------------  ------------------------------------ 
   GBP12.87496                                                      101,226 
  --------------------                                             ------------------------------------ 
 d)         Aggregated information            Price                Aggregated    Aggregate total 
                                                                   volume 
              *    Aggregated volume 
 
 
 
              *    Price 
      -------------------------------------  -------------------  ------------  ----------------------- 
   GBP12.87496          101,226                                                  GBP1,303,280.70 
  -------------------  -------------------------------------------------------  ----------------------- 
 e)    Date of the transaction                27 March 2019 
      -------------------------------------  ---------------------------------------------------------- 
 f)    Place of the transaction               London Stock Exchange (XLON) 
      -------------------------------------  ---------------------------------------------------------- 
 
 
 
       Details of the person discharging managerial responsibilities/person 
  1     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 the                         Ordinary shares of 2 pence each in Ocado 
        financial instrument,                      Group plc 
        type of instrument 
 
        Identification code                        ISIN GB00B3MBS747 
      -----------------------------------------  ------------------------------------------------------------------- 
 b)    Nature of the transaction                  Tim Steiner participated in the Ocado 
                                                   Long-Term Incentive Plan. 
                                                   An award was made to Tim Steiner on 17 
                                                   March 2016. On 27 March 2019, 214,942 
                                                   shares of the original award vested. 
                                                   Of those shares, 113,716 were transferred 
                                                   into Tim Steiner's name. 
      -----------------------------------------  ------------------------------------------------------------------- 
 c)    Price(s) and volume(s)                     Price(s)               Volume(s) 
      -----------------------------------------  ---------------------  -------------------------------------------- 
   GBP0.00                                                               113,716 
  ---------------------                                                 -------------------------------------------- 
 d)         Aggregated information                Price                 Aggregated volume    Aggregate 
                                                                                              total 
              *    Aggregated volume 
 
 
 
              *    Price 
      -----------------------------------------  --------------------  -------------------  ------------------------ 
   GBP0.00               113,716                                                             GBP0.00 
  --------------------  ------------------------------------------------------------------  ------------------------ 
 e)    Date of the transaction                    27 March 2019 
      -----------------------------------------  ------------------------------------------------------------------- 
 f)    Place of the transaction                   London Stock Exchange (XLON) 
      -----------------------------------------  ------------------------------------------------------------------- 
 
 
 
       Details of the person discharging managerial responsibilities/person 
  1     closely associated 
 a)    Name                                    Duncan Tatton-Brown 
      --------------------------------------  -------------------------------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------------------------------------ 
 a)    Position/status                         Chief Financial 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 the                      Ordinary shares of 2 pence each in Ocado 
        financial instrument,                   Group plc 
        type of instrument 
 
        Identification code                     ISIN GB00B3MBS747 
      --------------------------------------  -------------------------------------------------------------------- 
 b)    Nature of the transaction               Duncan Tatton-Brown participated in the 
                                                Ocado Long-Term Incentive Plan. 
                                                An award was made to Duncan Tatton-Brown 
                                                on 17 March 2016. On 27 March 2019, 99,655 
                                                shares of the original award vested. 
                                                Of those shares, 46,932 were sold to 
                                                finance the associated tax and national 
                                                insurance liabilities. 
      --------------------------------------  -------------------------------------------------------------------- 
 c)    Price(s) and volume(s)                  Price(s)                 Volume(s) 
      --------------------------------------  -----------------------  ------------------------------------------- 
   GBP12.87496                                                          46,932 
  -----------------------                                              ------------------------------------------- 
 d)         Aggregated information             Price                   Aggregated volume    Aggregate 
                                                                                             total 
              *    Aggregated volume 
 
 
 
              *    Price 
      --------------------------------------  ----------------------  -------------------  ----------------------- 
   GBP12.87496             46,932                                                           GBP604,247.62 
  ----------------------  ---------------------------------------------------------------  ----------------------- 
 e)    Date of the transaction                 27 March 2019 
      --------------------------------------  -------------------------------------------------------------------- 
 f)    Place of the transaction                London Stock Exchange (XLON) 
      --------------------------------------  -------------------------------------------------------------------- 
 
 
 
       Details of the person discharging managerial responsibilities/person 
  1     closely associated 
 a)    Name                                      Duncan Tatton-Brown 
      ----------------------------------------  -------------------------------------------------------------------- 
 2     Reason for the notification 
      -------------------------------------------------------------------------------------------------------------- 
 a)    Position/status                           Chief Financial 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 the                        Ordinary shares of 2 pence each in Ocado 
        financial instrument,                     Group plc 
        type of instrument 
 
        Identification code                       ISIN GB00B3MBS747 
      ----------------------------------------  -------------------------------------------------------------------- 
 b)    Nature of the transaction                 Duncan Tatton-Brown participated in the 
                                                  Ocado Long-Term Incentive Plan. 
                                                  An award was made to Duncan Tatton-Brown 
                                                  on 17 March 2016. On 27 March 2019, 99,655 
                                                  shares of the original award vested. 
                                                  Of those shares, 52,723 were transferred 
                                                  into Duncan Tatton-Brown's name. 
      ----------------------------------------  -------------------------------------------------------------------- 
 c)    Price(s) and volume(s)                    Price(s)                Volume(s) 
      ----------------------------------------  ----------------------  -------------------------------------------- 
   GBP0.00                                                               52,723 
  ----------------------                                                -------------------------------------------- 
 d)         Aggregated information               Price                  Aggregated volume    Aggregate 
                                                                                              total 
              *    Aggregated volume 
 
 
 
              *    Price 
      ----------------------------------------  ---------------------  -------------------  ------------------------ 
   GBP0.00                52,723                                                             GBP0.00 
  ---------------------  -----------------------------------------------------------------  ------------------------ 
 e)    Date of the transaction                   27 March 2019 
      ----------------------------------------  -------------------------------------------------------------------- 
 f)    Place of the transaction                  London Stock Exchange (XLON) 
      ----------------------------------------  -------------------------------------------------------------------- 
 
 
 
       Details of the person discharging managerial responsibilities/person 
  1     closely associated 
 a)    Name                                    Mark Richardson 
      --------------------------------------  -------------------------------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------------------------------------ 
 a)    Position/status                         Chief Operations 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 the                      Ordinary shares of 2 pence each in Ocado 
        financial instrument,                   Group plc 
        type of instrument 
 
        Identification code                     ISIN GB00B3MBS747 
      --------------------------------------  -------------------------------------------------------------------- 
 b)    Nature of the transaction               Mark Richardson participated in the Ocado 
                                                Long-Term Incentive Plan. 
                                                An award was made to Mark Richardson 
                                                on 17 March 2016. On 27 March 2019, 99,655 
                                                shares of the original award vested. 
                                                Of those shares, 46,932 were sold to 
                                                finance the associated tax and national 
                                                insurance liabilities. 
      --------------------------------------  -------------------------------------------------------------------- 
 c)    Price(s) and volume(s)                  Price(s)                 Volume(s) 
      --------------------------------------  -----------------------  ------------------------------------------- 
   GBP12.87496                                                          46,932 
  -----------------------                                              ------------------------------------------- 
 d)         Aggregated information             Price                   Aggregated volume    Aggregate 
                                                                                             total 
              *    Aggregated volume 
 
 
 
              *    Price 
      --------------------------------------  ----------------------  -------------------  ----------------------- 
   GBP12.87496             46,932                                                           GBP604,247.62 
  ----------------------  ---------------------------------------------------------------  ----------------------- 
 e)    Date of the transaction                 27 March 2019 
      --------------------------------------  -------------------------------------------------------------------- 
 f)    Place of the transaction                London Stock Exchange (XLON) 
      --------------------------------------  -------------------------------------------------------------------- 
 
 
 
       Details of the person discharging managerial responsibilities/person 
  1     closely associated 
 a)    Name                                      Mark Richardson 
      ----------------------------------------  -------------------------------------------------------------------- 
 2     Reason for the notification 
      -------------------------------------------------------------------------------------------------------------- 
 a)    Position/status                           Chief Operations 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 the                        Ordinary shares of 2 pence each in Ocado 
        financial instrument,                     Group plc 
        type of instrument 
 
        Identification code                       ISIN GB00B3MBS747 
      ----------------------------------------  -------------------------------------------------------------------- 
 b)    Nature of the transaction                 Mark Richardson participated in the Ocado 
                                                  Long-Term Incentive Plan. 
                                                  An award was made to Mark Richardson 
                                                  on 17 March 2016. On 27 March 2019, 99,655 
                                                  shares of the original award vested. 
                                                  Of those shares, 52,723 were transferred 
                                                  into Mark Richardson's name. 
      ----------------------------------------  -------------------------------------------------------------------- 
 c)    Price(s) and volume(s)                    Price(s)                Volume(s) 
      ----------------------------------------  ----------------------  -------------------------------------------- 
   GBP0.00                                                               52,723 
  ----------------------                                                -------------------------------------------- 
 d)         Aggregated information               Price                  Aggregated volume    Aggregate 
                                                                                              total 
              *    Aggregated volume 
 
 
 
              *    Price 
      ----------------------------------------  ---------------------  -------------------  ------------------------ 
   GBP0.00                52,723                                                             GBP0.00 
  ---------------------  -----------------------------------------------------------------  ------------------------ 
 e)    Date of the transaction                   27 March 2019 
      ----------------------------------------  -------------------------------------------------------------------- 
 f)    Place of the transaction                  London Stock Exchange (XLON) 
      ----------------------------------------  -------------------------------------------------------------------- 
 
 
 
       Details of the person discharging managerial responsibilities/person 
  1     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 the                      Ordinary shares of 2 pence each in Ocado 
        financial instrument,                   Group plc 
        type of instrument 
 
        Identification code                     ISIN GB00B3MBS747 
      --------------------------------------  -------------------------------------------------------------------- 
 b)    Nature of the transaction               Neill Abrams participated in the Ocado 
                                                Long-Term Incentive Plan. 
                                                An award was made to Neill Abrams on 
                                                17 March 2016. On 27 March 2019, 66,827 
                                                shares of the original award vested. 
                                                Of those shares, 31,472 were sold to 
                                                finance the associated tax and national 
                                                insurance liabilities. 
      --------------------------------------  -------------------------------------------------------------------- 
 c)    Price(s) and volume(s)                  Price(s)                 Volume(s) 
      --------------------------------------  -----------------------  ------------------------------------------- 
   GBP12.87496                                                          31,472 
  -----------------------                                              ------------------------------------------- 
 d)         Aggregated information             Price                   Aggregated volume    Aggregate 
                                                                                             total 
              *    Aggregated volume 
 
 
 
              *    Price 
      --------------------------------------  ----------------------  -------------------  ----------------------- 
   GBP12.87496             31,472                                                           GBP405,200.74 
  ----------------------  ---------------------------------------------------------------  ----------------------- 
 e)    Date of the transaction                 27 March 2019 
      --------------------------------------  -------------------------------------------------------------------- 
 f)    Place of the transaction                London Stock Exchange (XLON) 
      --------------------------------------  -------------------------------------------------------------------- 
 
 
 
       Details of the person discharging managerial responsibilities/person 
  1     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 the                        Ordinary shares of 2 pence each in Ocado 
        financial instrument,                     Group plc 
        type of instrument 
 
        Identification code                       ISIN GB00B3MBS747 
      ----------------------------------------  -------------------------------------------------------------------- 
 b)    Nature of the transaction                 Neill Abrams participated in the Ocado 
                                                  Long-Term Incentive Plan. 
                                                  An award was made to Neill Abrams on 
                                                  17 March 2016. On 27 March 2019, 66,827 
                                                  shares of the original award vested. 
                                                  Of those shares, 35,355 were transferred 
                                                  into Neill Abrams' name. 
      ----------------------------------------  -------------------------------------------------------------------- 
 c)    Price(s) and volume(s)                    Price(s)                Volume(s) 
      ----------------------------------------  ----------------------  -------------------------------------------- 
   GBP0.00                                                               35,355 
  ----------------------                                                -------------------------------------------- 
 d)         Aggregated information               Price                  Aggregated volume    Aggregate 
                                                                                              total 
              *    Aggregated volume 
 
 
 
              *    Price 
      ----------------------------------------  ---------------------  -------------------  ------------------------ 
   GBP0.00                35,355                                                             GBP0.00 
  ---------------------  -----------------------------------------------------------------  ------------------------ 
 e)    Date of the transaction                   27 March 2019 
      ----------------------------------------  -------------------------------------------------------------------- 
 f)    Place of the transaction                  London Stock Exchange (XLON) 
      ----------------------------------------  -------------------------------------------------------------------- 
 
 

The LTIP was approved by shareholders at the Company's Annual General Meeting on 10 May 2013.

Further information concerning each Director's other interests in shares and share schemes are set out in the Company's annual report and accounts for the 52 weeks ended 2 December 2018, 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:

Robert Cooper

Deputy 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 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 rns@lseg.com or visit www.rns.com.

END

DSHUWANRKKAOUAR

(END) Dow Jones Newswires

March 28, 2019 12:21 ET (16:21 GMT)

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