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Pin to quick picksOcado Regulatory News (OCDO)

Share Price Information for Ocado (OCDO)

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Share Price: 378.10
Bid: 380.50
Ask: 382.30
Change: -14.40 (-3.67%)
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Open: 390.50
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Total Voting Rights

1 May 2024 10:26

RNS Number : 8146M
Ocado Group PLC
01 May 2024
 

TOTAL VOTING RIGHTS

OCADO GROUP PLC

1 May 2024

 

Ocado Group plc

Voting rights and capital

 

In accordance with the FCA's Disclosure Guidance and Transparency Rules, Ocado Group plc ("Ocado") announces that, as at 30 April 2024:

 

· it had 830,075,262 issued ordinary shares of 2 pence each admitted to trading. Each ordinary share carries the right to one vote in relation to all circumstances at general meetings of Ocado;

 

· it does not hold any ordinary shares in treasury; and

 

· accordingly, it had total voting rights of 830,075,262. Of these issued ordinary shares:

 

· 2,586,014 shares are held by Solium Trustee (UK) Limited, the trustee for the Company's employee Share Incentive Plan, who must vote, at the request of a participant, in respect of ordinary shares held by the trustee on behalf of that participant;

 

· 536,438 shares are held by Wealth Nominees Limited, and 9,917,035 shares are held by Winterflood Client Nominees Limited, both on behalf of Ocorian Limited (formerly known as Estera Trust (Jersey) Limited), the independent company which is the trustee of Ocado's Employee Benefit Trust (the "EBT Trustee"). The EBT Trustee has waived its right to exercise its voting rights and to receive dividends in respect of 9,917,035 ordinary shares, although it may vote in respect of 536,438 ordinary shares which have vested under the joint share ownership scheme and remain in the trust, at the request of a participant. The total of 10,453,473 ordinary shares held by the EBT Trustee are treated as treasury shares in the group's consolidated balance sheet in accordance with IAS 32 ''Financial Instruments: Presentation''. As such, calculations of earnings per share for Ocado exclude the 10,453,473 ordinary shares held by the EBT Trustee.

 

The total voting rights figure 830,075,262 may be used by shareholders and others with notification obligations as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, Ocado under the FCA's Disclosure Guidance and Transparency Rules.

 

Excluding the 10,453,473 ordinary shares held by the EBT Trustee as detailed above, Ocado has shares in issue with aggregate voting rights of 819,621,789.

 

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

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