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28 Aug 2018 15:16
DIRECTOR/PDMR NOTIFICATIONOCADO GROUP PLC
28 August 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 Ā | ||||
a) | Name Ā | Linic Ltd | |||
2 | Reason for the notification Ā | ||||
a) | Position/status Ā | Person closely associated with Tim Steiner, Chief Executive Officer | |||
b) | Initial notification/ Amendment Ā | Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Ā | ||||
a) | Name Ā | Ocado Group plc | |||
b) | LEI Ā | 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 Ā | ||||
a) | Description of the financial instrument, type of instrument Ā Identification code Ā | Ordinary shares of 2 pence each in Ocado Group plc Ā Ā ISIN GB00B3MBS747 | |||
b) | Nature of the transaction Ā | Sale of 4,791,200 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). | |||
c) | Price(s) and volume(s) Ā | Price(s) Ā | Volume(s) | ||
Ā£10.60 Ā | 4,791,200 | ||||
d) | Aggregated information Ā - Aggregated volume Ā - Price Ā | Price | Aggregated volume | Aggregate total | |
Ā£10.60 | 4,791,200 | Ā£50,786,720.00 | |||
e) | Date of the transaction Ā | 24 August 2018 | |||
f) | Place of the transaction Ā | 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.comĀ
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Ocado Group plc LEI: 213800LO8F61YB8MBC74
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