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
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.