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Director/PDMR Shareholding

2 Apr 2024 13:01

RNS Number : 9886I
Ocado Group PLC
02 April 2024
 

DIRECTOR/PDMR SHAREHOLDINGOCADO GROUP PLC

2 April 2024

 

Ocado Group plcDirector/PDMR Notification

 

Ocado Group plc ("the Company") announces that on 27 March 2024 an award ("the Award") was granted to James Matthews, CEO, Ocado Technology, and a PDMR of the Company, under the terms of the Ocado Restricted Share Plan ("the RSP").

 

 

 

Details of the Award are as set out below.

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

 

James Matthews

2

Reason for the notification

 

a)

Position/status

 

CEO, Ocado Technology

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 in Ocado Group plc

 

 

ISIN GB00B3MBS747

b)

Nature of the transaction

 

The Vesting of the Award is split into tranches. Subject to the rules of the RSP, twenty-five per cent (25%) of the Award will vest on the First Expected Vesting Date and six and a quarter per cent (6.25%) of the Award will vest quarterly thereafter for twelve quarters.

 

c)

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

£4.627

 

6,483

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

Price

Aggregated volume

Aggregate total

£4.627

6,483

£29,996.84

e)

Date of the transaction

 

27 March 2024

f)

Place of the transaction

 

Outside a regulated market

 

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:

Megan Barnes

Head of Secretariat

Ocado Group plc

Buildings One & Two

Trident Place

Mosquito Way

Hatfield

Hertfordshire AL10 9UL

Fax: +44 (0)1707 227 997

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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
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