TOTAL VOTING RIGHTS
OCADO GROUP PLC
1 November 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 31 October 2024:
· it had
832,390,591 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 832,390,591. Of
these issued ordinary shares:
· 3,840,188 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
9,975,137 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 9,975,137 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 10,511,575 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 10,511,575 ordinary shares
held by the EBT Trustee.
The total voting rights
figure 832,390,591 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 10,511,575 ordinary
shares held by the EBT Trustee as detailed above, Ocado has shares
in issue with aggregate voting rights of 821,879,016.
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
email: company.secretary@ocado.com
Ocado Group plc LEI:
213800LO8F61YB8MBC74