Ocado Group PLC Director/PDMR Shareholding (5923H)
August 18 2016 - 12:22PM
UK Regulatory
TIDMOCDO
RNS Number : 5923H
Ocado Group PLC
18 August 2016
DIRECTOR/PDMR NOTIFICATION
OCADO GROUP PLC
18 August 2016
Ocado Group plc
Director/PDMR Notification
Ocado Group plc (the "Company") makes the following announcement
regarding its Directors' participation in The Ocado Share Incentive
Plan.
Details of the person discharging managerial
1 responsibilities/person closely associated
---- ---------------------------------------------------------------------------------------
a) Name Timothy 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 N/A
---- ------------------------------- ------------------------------------------------------
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 Ordinary shares of 2 pence each
the financial in Ocado Group plc
instrument, type
of instrument
ISIN GB00B3MBS747
Identification
code
---- ------------------------------- ------------------------------------------------------
b) Nature of the Timothy Steiner participated
transaction in the Ocado Share Incentive
Plan ("SIP"). The SIP is a HMRC
approved tax-advantaged all-employee
share scheme that was approved
by shareholders at the Company's
Annual General Meeting on 11
May 2011. Under it, employees
are able to purchase ordinary
shares in the Company of 2 pence
each at market value ("Partnership
Shares"), using deductions from
salary each month, and receive
allocations of matching ordinary
shares of 2 pence each ("Matching
Shares").
Tim Steiner purchased 51 Partnership
Shares at a price of GBP2.896
per Partnership Share, and was
granted by the Company (for no
consideration) 7 Matching Shares.
These shares are held by the
employee benefit trust for the
SIP.
---- ------------------------------- ------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---- ------------------------------- ------------------- ---------------------------------
GBP2.896 51
-------------------------------------------------------- ---------------------------------
GBP0.00 7
-------------------------------------------------------- ---------------------------------
d) Aggregated information Price Aggregated Aggregate
volume total
* Aggregated volume
* Price
---- ------------------------------- ------------------- ----------- --------------------
GBP2.896 58 147.70
-------------------------------------------------------- ----------- --------------------
e) Date of the transaction 15 August 2016
---- ------------------------------- ------------------------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
---- ------------------------------- ------------------------------------------------------
Details of the person discharging managerial
1 responsibilities/person closely associated
---- ---------------------------------------------------------------------------------------
a) Name Duncan Tatton-Brown
---- ------------------------------- ------------------------------------------------------
2 Reason for the notification
---- ---------------------------------------------------------------------------------------
a) Position/status Chief Financial 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 N/A
---- ------------------------------- ------------------------------------------------------
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 Ordinary shares of 2 pence each
the financial in Ocado Group plc
instrument, type
of instrument
ISIN GB00B3MBS747
Identification
code
---- ------------------------------- ------------------------------------------------------
b) Nature of the Duncan Tatton-Brown participated
transaction in the Ocado Share Incentive
Plan ("SIP"). The SIP is a HMRC
approved tax-advantaged all-employee
share scheme that was approved
by shareholders at the Company's
Annual General Meeting on 11
May 2011. Under it, employees
are able to purchase ordinary
shares in the Company of 2 pence
each at market value ("Partnership
Shares"), using deductions from
salary each month, and receive
allocations of matching ordinary
shares of 2 pence each ("Matching
Shares").
Duncan Tatton-Brown purchased
52 Partnership Shares at a price
of GBP2.896 per Partnership Share,
and was granted by the Company
(for no consideration) 7 Matching
Shares. These shares are held
by the employee benefit trust
for the SIP.
---- ------------------------------- ------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---- ------------------------------- ------------------- ---------------------------------
GBP2.896 52
-------------------------------------------------------- ---------------------------------
GBP0.00 7
-------------------------------------------------------- ---------------------------------
d) Aggregated information Price Aggregated Aggregate
volume total
* Aggregated volume
* Price
---- ------------------------------- ------------------- ----------- --------------------
GBP2.896 59 150.59
-------------------------------------------------------- ----------- --------------------
e) Date of the transaction 15 August 2016
---- ------------------------------- ------------------------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
---- ------------------------------- ------------------------------------------------------
Details of the person discharging managerial
1 responsibilities/person closely associated
---- ---------------------------------------------------------------------------------------
a) Name Mark Richardson
---- ------------------------------- ------------------------------------------------------
2 Reason for the notification
---- ---------------------------------------------------------------------------------------
a) Position/status Chief Operations 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 N/A
---- ------------------------------- ------------------------------------------------------
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 Ordinary shares of 2 pence each
the financial in Ocado Group plc
instrument, type
of instrument
ISIN GB00B3MBS747
Identification
code
---- ------------------------------- ------------------------------------------------------
b) Nature of the Mark Richardson participated
transaction in the Ocado Share Incentive
Plan ("SIP"). The SIP is a HMRC
approved tax-advantaged all-employee
share scheme that was approved
by shareholders at the Company's
Annual General Meeting on 11
May 2011. Under it, employees
are able to purchase ordinary
shares in the Company of 2 pence
each at market value ("Partnership
Shares"), using deductions from
salary each month, and receive
allocations of matching ordinary
shares of 2 pence each ("Matching
Shares").
Mark Richardson purchased 51
Partnership Shares at a price
of GBP2.896 per Partnership Share,
and was granted by the Company
(for no consideration) 7 Matching
Shares. These shares are held
by the employee benefit trust
for the SIP.
---- ------------------------------- ------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---- ------------------------------- ------------------- ---------------------------------
GBP2.896 51
-------------------------------------------------------- ---------------------------------
GBP0.00 7
-------------------------------------------------------- ---------------------------------
d) Aggregated information Price Aggregated Aggregate
volume total
* Aggregated volume
* Price
---- ------------------------------- ------------------- ----------- --------------------
GBP2.896 58 147.70
-------------------------------------------------------- ----------- --------------------
e) Date of the transaction 15 August 2016
---- ------------------------------- ------------------------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
---- ------------------------------- ------------------------------------------------------
Details of the person discharging managerial
1 responsibilities/person closely associated
---- -------------------------------------------------------------------------------------------
a) Name Neill Abrams
---- ------------------------------- ----------------------------------------------------------
2 Reason for the notification
---- -------------------------------------------------------------------------------------------
a) Position/status Group General Counsel and Company
Secretary
---- ------------------------------- ----------------------------------------------------------
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 N/A
---- ------------------------------- ----------------------------------------------------------
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 Ordinary shares of 2 pence each
the financial in Ocado Group plc
instrument, type
of instrument
ISIN GB00B3MBS747
Identification
code
---- ------------------------------- ----------------------------------------------------------
b) Nature of the Neill Abrams participated in
transaction the Ocado Share Incentive Plan
("SIP"). The SIP is a HMRC approved
tax-advantaged all-employee share
scheme that was approved by shareholders
at the Company's Annual General
Meeting on 11 May 2011. Under
it, employees are able to purchase
ordinary shares in the Company
of 2 pence each at market value
("Partnership Shares"), using
deductions from salary each month,
and receive allocations of matching
ordinary shares of 2 pence each
("Matching Shares").
Neill Abrams purchased 51 Partnership
Shares at a price of GBP2.896
per Partnership Share, and was
granted by the Company (for no
consideration) 7 Matching Shares.
These shares are held by the
employee benefit trust for the
SIP.
---- ------------------------------- ----------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---- ------------------------------- --------------------- -----------------------------------
GBP2.896 51
---------------------------------------------------------- -----------------------------------
GBP0.00 7
---------------------------------------------------------- -----------------------------------
d) Aggregated information Price Aggregated Aggregate
volume total
* Aggregated volume
* Price
---- ------------------------------- --------------------- ----------- ----------------------
GBP2.896 58 147.70
---------------------------------------------------------- ----------- ----------------------
e) Date of the transaction 15 August 2016
---- ------------------------------- ----------------------------------------------------------
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
Company Secretary
Ocado Group plc
Titan Court
3 Bishops Sqaure
Hatfield Business Park
Hatfield, Hertfordshire
AL10 9NE
Fax: +44 (0)1707 227997
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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