24 Nov 2016 11:53
DIRECTOR/PDMR SHAREHOLDINGOCADO GROUP PLC24 November 2016
Ocado Group plc
Director/PDMR Notification
Ocado Group plc (the "Company") announces that it has received notifications from persons closely associated with Jörn Rausing, a Non-Executive Director of the Company. The notifications relate to a transfer of 69,015,602 shares in the Company from Hamilton Trust Company Limited as trustee of the Apple II Trust (of which Jörn Rausing is a beneficiary) to Apple III Limited (which is owned by Apple III Trust, of which Jörn Rausing is a beneficiary).
1 | Details of the person discharging managerial responsibilities/person closely associated
| ||||
a) | Name
| Hamilton Trust Company Limited as trustee of the Apple II Trust | |||
2 | Reason for the notification
| ||||
a) | Position/status
| Person closely associated with Jörn Rausing, Non-Executive Director | |||
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
| Transfer of 69,015,602 shares from Hamilton Trust Company Limited as trustee of the Apple II Trust (of which Jörn Rausing is a beneficiary) to Apple III Limited (which is owned by Apple III Trust, of which Jörn Rausing is a beneficiary). | |||
c) | Price(s) and volume(s)
| Price(s)
| Volume(s) | ||
£2.6510
| 69,015,602 | ||||
d) | Aggregated information
- Aggregated volume
- Price
| Price | Aggregated volume | Aggregate total | |
£2.6510 | 69,015,602 | £182,960,360.90 | |||
e) | Date of the transaction
| 23 November 2016 | |||
f) | Place of the transaction
| London Stock Exchange (XLON) | |||
1 | Details of the person discharging managerial responsibilities/person closely associated
| ||||
a) | Name
| Apple III Limited (which is owned by Apple III Trust, of which Jörn Rausing is a beneficiary) | |||
2 | Reason for the notification
| ||||
a) | Position/status
| Person closely associated with Jörn Rausing, Non-Executive Director | |||
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
| Transfer of 69,015,602 shares to Apple III Limited (which is owned by Apple III Trust, of which Jörn Rausing is a beneficiary) from Hamilton Trust Company Limited as trustee of the Apple II Trust (of which Jörn Rausing is a beneficiary). | |||
c) | Price(s) and volume(s)
| Price(s)
| Volume(s) | ||
£2.6510
| 69,015,602 | ||||
d) | Aggregated information
- Aggregated volume
- Price
| Price | Aggregated volume | Aggregate total | |
£2.6510 | 69,015,602 | £182,960,360.90 | |||
e) | Date of the transaction
| 23 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