6 Mar 2018 15:22
DIRECTOR/PDMR NOTIFICATIONOCADO GROUP PLC
6 March 2018
Ocado Group plcDirector/PDMR Notification
Ocado Group plc (the "Company") announces that it has received notification that Linic Ltd, a connected person to Tim Steiner, Ocado's Chief Executive Officer, has sold shares in the Company as set out below.
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1 | Details of the person discharging managerial responsibilities/person closely associated  | ||||
a) | Name  | Linic Ltd | |||
2 | Reason for the notification  | ||||
a) | Position/status  | Person closely associated with Tim Steiner, Chief Executive Officer | |||
b) | Initial notification/ Amendment  | Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  | ||||
a) | Name  | Ocado Group plc | |||
b) | LEI Â | 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 financial instrument, type of instrument  Identification code  | Ordinary shares of 2 pence each in Ocado Group plc   ISIN GB00B3MBS747 | |||
b) | Nature of the transaction  | Sale of 4,500,000 shares by Linic Ltd, a company wholly owned by Arthur Seligman as trustee of the Steiner 2008 Millennium Trust (of which Tim Steiner is one of a number of discretionary beneficiaries), and release of the security interest, previously notified to the market on 24 November 2017, over these 4,500,000 shares. | |||
c) | Price(s) and volume(s) Â | Price(s) Â | Volume(s) | ||
£5.40  | 4,500,000 | ||||
d) | Aggregated information  - Aggregated volume  - Price  | Price | Aggregated volume | Aggregate total | |
£5.40 | 4,500,000 | £24,300,000 | |||
e) | Date of the transaction  | 5 March 2018 | |||
f) | Place of the transaction  | London Stock Exchange (XLON) | |||
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This announcement is made in accordance with Article 19 of the Market Abuse Regulation and the Disclosure Guidance and Transparency Rules.
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Person responsible for arranging the release of this announcement:
Neill AbramsCompany SecretaryOcado Group plcBuildings One & Two Trident PlaceMosquito WayHatfieldHertfordshireAL10 9ULFax: +44 (0)1707 227997email: company.secretary@ocado.comÂ
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Ocado Group plc LEI: 213800LO8F61YB8MBC74