TIDMOCDO

RNS Number : 7880H

Ocado Group PLC

26 March 2020

DIRECTOR/PDMR NOTIFICATION

OCADO GROUP PLC

26 March 2020

Ocado Group plc

Director/PDMR Notification

Ocado Group plc (the "Company") announces that Duncan Tatton-Brown, the Chief Financial Officer of the Company, has on 23 March 2020 exercised 9,923 options to purchase Ocado ordinary shares of 2 pence each ("Shares"), originally granted to him on 12 August 2013 under the 2001 Ocado Executive Share Option Scheme ("ESOS"). Of these, 2,369 shares have been sold to pay for the costs of exercise. The remaining shares were retained by Duncan Tatton-Brown.

 
 1     Details of the person discharging managerial 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                              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               Ordinary shares of 2 pence each in Ocado 
        financial instrument,            Group plc 
        type of instrument 
 
        Identification code              ISIN GB00B3MBS747 
      -------------------------------  ------------------------------------------------------------- 
 b)    Nature of the transaction        Duncan Tatton-Brown, an Executive Director 
                                         of Ocado Group plc, participated in the 
                                         ESOS. 
 
                                         Options over ordinary shares were granted 
                                         to Duncan Tatton-Brown on 12 August 2013. 
                                         On 8 July 2016, options over 9,923 shares 
                                         vested, with the exercise period ending 
                                         7 July 2023. 
 
                                         On 23 March 2020, Duncan Tatton-Brown exercised 
                                         his options over 9,923 shares. 
      -------------------------------  ------------------------------------------------------------- 
 c)    Price(s) and volume(s)           Price(s)                         Volume(s) 
      -------------------------------  -------------------------------  ---------------------------- 
   GBP3.023                                                              9,923 
  -------------------------------                                       ---------------------------- 
 d)         Aggregated information      Price             Aggregated volume      Aggregate total 
 
              *    Aggregated volume 
 
 
 
              *    Price 
      -------------------------------  ----------------  ---------------------  -------------------- 
   GBP3.023          9,923                                                       GBP29,997.23 
  ----------------  ----------------------------------------------------------  -------------------- 
 e)    Date of the transaction          23 March 2020 
      -------------------------------  ------------------------------------------------------------- 
 f)    Place of the transaction         London Stock Exchange (XLON) 
      -------------------------------  ------------------------------------------------------------- 
 
 
 
 1     Details of the person discharging managerial 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                              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               Ordinary shares of 2 pence each in Ocado 
        financial instrument,            Group plc 
        type of instrument 
 
        Identification code              ISIN GB00B3MBS747 
      -------------------------------  ------------------------------------------------------------- 
 b)    Nature of the transaction        Duncan Tatton-Brown, an Executive Director 
                                         of Ocado Group plc, participated in the 
                                         ESOS. 
 
                                         Options over ordinary shares were granted 
                                         to Duncan Tatton-Brown on 12 August 2013. 
                                         On 8 July 2016, options over 9,923 shares 
                                         vested, with the exercise period ending 
                                         7 July 2023. 
 
                                         On 23 March 2020, Duncan Tatton-Brown exercised 
                                         his options over 9,923 shares. Of those 
                                         shares, 2,369 were sold to cover the option 
                                         cost of GBP3.023 per ordinary share and 
                                         associated trading costs . 
      -------------------------------  ------------------------------------------------------------- 
 c)    Price(s) and volume(s)           Price(s)                         Volume(s) 
      -------------------------------  -------------------------------  ---------------------------- 
   GBP12.69                                                              2,369 
  -------------------------------                                       ---------------------------- 
 d)         Aggregated information      Price             Aggregated volume      Aggregate total 
 
              *    Aggregated volume 
 
 
 
              *    Price 
      -------------------------------  ----------------  ---------------------  -------------------- 
   GBP12.69          2,369                                                       GBP30,062.61 
  ----------------  ----------------------------------------------------------  -------------------- 
 e)    Date of the transaction          23 March 2020 
      -------------------------------  ------------------------------------------------------------- 
 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

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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END

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March 26, 2020 14:28 ET (18:28 GMT)

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