Ocado Group PLC Director/PDMR Shareholding (4586H)

TIDMOCDO

RNS Number : 4586H

Ocado Group PLC

24 March 2020

DIRECTOR/PDMR SHAREHOLDING

OCADO GROUP PLC

24 March 2020

Ocado Group plc

Director/PDMR Notification

Ocado Group plc (the "Company") announces that on 19 March 2020 Tim Steiner, the Company's Chief Executive Officer, gifted 140,745 ordinary shares in the Company ("Shares") to The Charities Aid Foundation, to be held on trust for charitable purpose.

 
       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, an Executive Director of Ocado 
                                         Group plc, transferred the beneficial interest 
                                         of 140,745 shares by way of gift to The 
                                         Charities Aid Foundation, to be held on 
                                         trust. 
      -------------------------------  ------------------------------------------------------------ 
 c)    Price(s) and volume(s)           Price(s)                         Volume(s) 
      -------------------------------  -------------------------------  --------------------------- 
   GBP0.00                                                               140,745 
  -------------------------------                                       --------------------------- 
 d)         Aggregated information      Price             Aggregated volume      Aggregate total 
 
              *    Aggregated volume 
 
 
 
              *    Price 
      -------------------------------  ----------------  ---------------------  ------------------- 
   GBP0.00           140,745                                                     GBP0.00 
  ----------------  ----------------------------------------------------------  ------------------- 
 e)    Date of the transaction          19 March 2020 
      -------------------------------  ------------------------------------------------------------ 
 f)    Place of the transaction         Outside of trading venue 
      -------------------------------  ------------------------------------------------------------ 
 
 

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: [phone]

email: [e-mail]

Ocado Group plc LEI: 213800LO8F61YB8MBC74

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END

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March 24, 2020 13:42 ET (17:42 GMT)