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28 Nov 2016 14:20
DIRECTOR/PDMR SHAREHOLDINGOCADO GROUP PLC28 November 2016
Ocado Group plc
Director/PDMR Notification
Ocado Group plc (the "Company") announces that it has received notification that Arthur Seligman as trustee of the Steiner 2008 Millennium Trust, of which Tim Steiner, Ocado's Chief Executive Officer, is one of a number of discretionary beneficiaries, has granted a security interest over its ordinary shares in the Company. There is no change in beneficial ownership of the shares.
1 | Details of the person discharging managerial responsibilities/person closely associated
| ||||
a) | Name
| Arthur Seligman as trustee of the Steiner 2008 Millennium Trust | |||
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
| 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
| Grant of security interest over ordinary shares in the Company. | |||
c) | Price(s) and volume(s)
| Price(s)
| Volume(s) | ||
£0.00
| 14,291,200 | ||||
d) | Aggregated information
- Aggregated volume
- Price
| Price | Aggregated volume | Aggregate total | |
£0.00 | 14,291,200 | £0.00 | |||
e) | Date of the transaction
| 25 November 2016 | |||
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:
Neill AbramsCompany SecretaryOcado Group plcTitan Court3 Bishops SquareHatfield Business ParkHatfield, Hertfordshire AL10 9NEFax: +44 (0)1707 227 997email: company.secretary@ocado.com
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