Ocado Group PLC Director/PDMR Shareholding (8095M)
May 11 2015 - 10:09AM
UK Regulatory
TIDMOCDO
RNS Number : 8095M
Ocado Group PLC
11 May 2015
DIRECTOR/PDMR SHAREHOLDING
OCADO GROUP PLC
11 May 2015
Ocado Group plc
Director/PDMR Shareholding Notification
Ocado Group plc ("the Company") announces that it received
notification from Neill Abrams, a Director, pursuant to the FCA's
Disclosure Rules and Transparency Rules 3.1.2R, on 8 May 2015 of
the following changes in Director/PDMR shareholdings in the Company
as a result of an exercise of share options under the Ocado 2001
Executive Share Option Scheme. The share options were due to expire
on 15 May 2015.
Director/PDMR Position Share Scheme Number Exercise
of Options Price (pence)
over Ordinary per Option
Shares over Ordinary
exercised Share
--------------- ---------- --------------- --------------- ---------------
Ocado 2001
Executive
Neill Share Option
Abrams Director Scheme 50,000 115
--------------- ---------- --------------- --------------- ---------------
The Company was also notified on 8 May 2015 that Neill Abrams
subsequently sold sufficient shares to cover the cost of the
exercise and the tax due, namely 31,616 ordinary shares at a price
of GBP3.785 per ordinary share (representing 0.005% of the
Company's total issued share capital).
This resulted in Neill Abrams holding 18,384 additional ordinary
shares in the Company.
Following this transaction, Neill Abrams is directly or
indirectly interested in 1,893,467 ordinary shares representing
0.304% of the Company's issued share capital.
As at 11 May 2015, Neill Abrams holds 50,000 options over
ordinary shares under the Ocado 2001 Executive Share Option
Scheme.
Notes:
(1) These shareholdings exclude any shareholdings under the
Company's Joint Share Ownership Scheme, Long-Term Incentive Plan,
Sharesave, and Growth Incentive Plan).
(2) The Company has issued ordinary shares of 2p each.
(3) The above transactions took place in the UK on 8 May 2015.
Enquiries:
Company Secretary
Ocado Group plc
Titan Court
3 Bishops Square
Hatfield Business Park
Hatfield, Hertfordshire AL10 9NE
Fax: +44 (0)1707 227 997
email: company.secretary@ocado.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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