Last checked at 28 Mar 2024 14:45
DIRECTOR/PDMR NOTIFICATIONOCADO GROUP PLC
28 March 2024
Ocado Group plcDirector/PDMR Notification
Ocado Group plc (the "Company") makes the following announcement regarding the participation of one of its Executive Directors in the Ocado Sharesave Scheme ("Sharesave").
The Sharesave is a tax advantaged share scheme offered to all eligible employees of the Company on the same terms. It offers the opportunity for employees to buy ordinary shares of 2 pence each ("Shares") in the Company using savings accumulated over a three year period. The maximum amount permitted by HMRC to be invested in all Sharesave schemes is £6,000 per annum.
1 | Details of the person discharging managerial responsibilities/person closely associated
| ||||
a) | Name
| Stephen Daintith | |||
2 | Reason for the notification
| ||||
a) | Position/status
| Chief Financial 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
| Stephen Daintith, an Executive Director of Ocado Group plc, participated in the 2024 Sharesave.
Stephen Daintith was granted options under Sharesave and will make monthly savings contributions of £500. The Sharesave is a tax advantaged share scheme offered to all eligible employees of the Company. | |||
c) | Price(s) and volume(s)
| Price(s)
| Volume(s) | ||
£4.0211 | 4,613 | ||||
d) | Aggregated information
- Aggregated volume
- Price
| Price | Aggregated volume | Aggregate total | |
£4.0211 | 4,613 | £18,549.33 | |||
e) | Date of the transaction
| 27 March 2024 | |||
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:
Megan BarnesHead of SecretariatOcado Group plcBuildings One & Two Trident PlaceMosquito WayHatfieldHertfordshireAL10 9ULFax: +44 (0)1707 227997email: company.secretary@ocado.com
Ocado Group plc LEI: 213800LO8F61YB8MBC74