LONDON (Alliance News) - Ocado Group PLC Thursday said a number of directors, including Chief Executive Tim Steiner, have acquired shares by participating in a company incentive plan.
In a statement, Ocado said the directors acquired the partnership shares at GBP2.242 each, using deductions made from their salaries each month. They were allocated a number of matching shares.
Name | Position | Number of Partnership Shares | Number of Matching Shares | Total shares | Total SIP holding to-date |
Tim Steiner | Chief Executive Officer | 66 | 9 | 75 | 1236 |
Duncan Tatton-Brown | Chief Financial Officer | 68 | 10 | 78 | 1229 |
Mark Richardson | Operations Director | 67 | 9 | 76 | 1279 |
Neill Abrams | Legal & Business Affairs Director | 67 | 9 | 76 | 1101 |
The directors' resulting shareholdings excluding any interests, options and other awards are as follows:
Name
| Number of Ordinary Shares held | Percentage of issued share capital |
Tim Steiner | 28,696,581 | 4.622% |
Duncan Tatton-Brown | 159,094 | 0.026% |
Mark Richardson | 1,279 | 0.0002% |
Neill Abrams | 1,874,800 | 0.302% |
Ocado shares Thursday closed down 0.2% at 220.07 pence.
By Samuel Agini; samagini@alliancenews.com; @samuelagini
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Ocado (OCDO)