Ocado Group PLC Director/PDMR Shareholding (0997T)
23 March 2021 - 5:21AM
UK Regulatory
TIDMOCDO
RNS Number : 0997T
Ocado Group PLC
22 March 2021
DIRECTOR/PDMR NOTIFICATION
OCADO GROUP PLC
22 March 2021
Ocado Group plc
Director/PDMR Notification
Ocado Group plc ("the Company") makes the following announcement
regarding two of its Directors' participation in The Ocado Save As
You Earn 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 (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 GBP6,000 per annum.
Tim Steiner and Luke Jensen, Executive Directors, have elected
to participate in the 2021 offer of Sharesave as detailed below.
They have each been granted 767 options over Shares. The options
were granted at a price of 2,346 pence per Share on 19 March 2021.
The options become exercisable after three years on 1 May 2024. The
notification of dealing form can be found below.
Details of the person discharging managerial responsibilities/person
1 closely associated
a) Name Tim Steiner
------------------------------- ----------------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------------------
a) Position/status Chief Executive Officer
------------------------------- ----------------------------------------------------
b) Initial notification/ Initial notification
Amendment
------------------------------- ----------------------------------------------------
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 Ordinary shares in Ocado Group plc
financial instrument,
type of instrument
ISIN GB00B3MBS747
Identification code
------------------------------- ----------------------------------------------------
b) Nature of the transaction Tim Steiner joined the Ocado Group plc
Sharesave 2021 scheme and will make monthly
contributions of GBP500. The Sharesave
scheme is an HMRC approved, all employee
savings-related share option plan.
------------------------------- ----------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------------------------- -------------------------- ------------------------
2,346 pence per Share 767
--------------------------------------------------------------- ------------------------
d) Aggregated information Price Aggregated Aggregate total
volume
* Aggregated volume
* Price
------------------------------- ------------------ ------------- -----------------
2,346 pence
per share 767 767
------------------------------------------------------- ------------- -----------------
e) Date of the transaction 19 March 2021
------------------------------- ----------------------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
------------------------------- ----------------------------------------------------
Details of the person discharging managerial responsibilities/person
1 closely associated
a) Name Luke Jensen
------------------------------- ----------------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------------------
a) Position/status CEO, Ocado Solutions
------------------------------- ----------------------------------------------------
b) Initial notification/ Initial notification
Amendment
------------------------------- ----------------------------------------------------
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 Ordinary shares in Ocado Group plc
financial instrument,
type of instrument
ISIN GB00B3MBS747
Identification code
------------------------------- ----------------------------------------------------
b) Nature of the transaction Luke Jensen joined the Ocado Group plc
Sharesave 2021 scheme and will make monthly
contributions of GBP500. The Sharesave
scheme is an HMRC approved, all employee
savings-related share option plan.
------------------------------- ----------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------------------------- -------------------------- ------------------------
2,346 pence per Share 767
--------------------------------------------------------------- ------------------------
d) Aggregated information Price Aggregated Aggregate total
volume
* Aggregated volume
* Price
------------------------------- ------------------ ------------- -----------------
2,346 pence
per Share 767 767
------------------------------------------------------- ------------- -----------------
e) Date of the transaction 19 March 2021
------------------------------- ----------------------------------------------------
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 Abrams
Group General Counsel and Company Secretary
Ocado Group plc
Buildings One & Two Trident Place
Mosquito Way
Hatfield
Hertfordshire
AL10 9UL
Fax: +44 (0)1707 227997
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
DSHUUUWRARUOUAR
(END) Dow Jones Newswires
March 22, 2021 14:21 ET (18:21 GMT)
Ocado (LSE:OCDO)
Historical Stock Chart
From Apr 2024 to May 2024
Ocado (LSE:OCDO)
Historical Stock Chart
From May 2023 to May 2024
