RNS Number : 7731I
Ocado Group PLC
28 March 2024
 

DIRECTOR/PDMR NOTIFICATION
OCADO GROUP PLC

28 March 2024

 

Ocado Group plc
Director/PDMR Notification


Ocado Group plc (the "Company") makes the following announcement regarding the participation of one of its Executive Directors in the Ocado Sharesave 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 of 2 pence each ("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 £6,000 per annum.

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

 

Stephen Daintith

2

Reason for the notification

 

a)

Position/status

 

Chief Financial Officer

b)

Initial notification/ Amendment

 

Initial notification

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 financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 2 pence each in Ocado Group plc

 

 

ISIN GB00B3MBS747

b)

Nature of the transaction

 

Stephen Daintith, an Executive Director of Ocado Group plc, participated in the 2024 Sharesave.

 

Stephen Daintith was granted options under Sharesave and will make monthly savings contributions of £500. The Sharesave is a tax advantaged share scheme offered to all eligible employees of the Company.

c)

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

£4.0211

4,613

d)

Aggregated information

 

-     Aggregated volume

 

-     Price

 

Price

Aggregated volume

Aggregate total

£4.0211

4,613

£18,549.33

e)

Date of the transaction

 

27 March 2024

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:

Megan Barnes
Head of Secretariat
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

 

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