Ocado Group PLC Total Voting Rights (9022W)
April 29 2016 - 11:46AM
UK Regulatory
TIDMOCDO
RNS Number : 9022W
Ocado Group PLC
29 April 2016
TOTAL VOTING RIGHTS
OCADO GROUP PLC
29 April 2016
Ocado Group plc
Voting rights and capital
In accordance with the FCA's Disclosure Rules and Transparency
Rules, Ocado Group plc ("Ocado") announces that, as at 29 April
2016:
-- it had 628,200,811 issued ordinary shares of 2p 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 628,200,811. Of these issued ordinary shares:
o 1,130,585 are held by Yorkshire Building Society, 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;
o 452,284 are held by Wealth Nominees Limited, who has waived
its right to exercise voting rights and to receive dividends in
respect of these 452,284 ordinary shares; and
o 32,980,012 are held by Wealth Nominees Limited on behalf of
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 these 32,980,012 ordinary
shares, although it may vote in respect of 32,764,909 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
32,980,012 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
32,980,012 ordinary shares held by the EBT Trustee.
The total voting rights figure 628,200,811 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 Rules and
Transparency Rules.
In aggregate 33,432,296 ordinary shares held by Wealth Nominees
Limited are treated as treasury shares in the group's consolidated
balance sheet. Excluding the 33,432,296 ordinary shares held by
Wealth Nominees Limited as mentioned above, Ocado has shares in
issue with aggregate voting rights of 594,768,515.
Enquiries:
Neill Abrams
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
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