Director/PDMR Shareholding

Director/PDMR Shareholding

Ocado Group

RNS Number : 4814X
Ocado Group PLC
21 February 2017
 

DIRECTOR/PDMR SHAREHOLDING
OCADO GROUP PLC

21 February 2017

 

Ocado Group plc
Director/PDMR Notification

 

Ocado Group plc ("the Company") announces that on 20 February 2017 it granted awards ("Awards") to its executive directors pursuant to the Ocado Long-Term Incentive Plan ("LTIP), as follows:

 


1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

 

Tim Steiner

2

Reason for the notification

 

a)

Position/status

 

Chief Executive 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

 

Tim Steiner participated in the Ocado Long-Term Incentive Plan.

Tim Steiner was awarded 452,881 conditional shares in Ocado Group plc. The award will vest in March 2020 subject to the satisfaction of performance conditions, as described in the Company's 2016 annual report and accounts. No payment is required for the awards.

c)

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

£2.551792

 

452,881

d)

Aggregated information

 

-     Aggregated volume

 

-     Price

 

Price

Aggregated volume

Aggregate total

£2.551792

452,881

£1,155,660

e)

Date of the transaction

 

20 February 2017

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/ 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

 

Duncan Tatton-Brown participated in the Ocado Long-Term Incentive Plan.

Duncan Tatton-Brown was awarded 209,972 conditional shares in Ocado Group plc. The award will vest in March 2020 subject to the satisfaction of performance conditions, as described in the Company's 2016 annual report and accounts. No payment is required for the awards.

c)

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

£2.551792

 

209,972

d)

Aggregated information

 

-     Aggregated volume

 

-     Price

 

Price

Aggregated volume

Aggregate total

£2.551792

209,972

£535,806

e)

Date of the transaction

 

20 February 2017

f)

Place of the transaction

 

London Stock Exchange (XLON)

 


1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

 

Mark Richardson

2

Reason for the notification

 

a)

Position/status

 

Chief Operations 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

 

Mark Richardson participated in the Ocado Long-Term Incentive Plan.

Mark Richardson was awarded 209,972 conditional shares in Ocado Group plc. The award will vest in March 2020 subject to the satisfaction of performance conditions, as described in the Company's 2016 annual report and accounts. No payment is required for the awards.

c)

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

£2.551792

 

209,972

d)

Aggregated information

 

-     Aggregated volume

 

-     Price

 

Price

Aggregated volume

Aggregate total

£2.551792

209,972

£535,806

e)

Date of the transaction

 

20 February 2017

f)

Place of the transaction

 

London Stock Exchange (XLON)

 


1

Details of the person discharging managerial 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/ 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

 

Neill Abrams participated in the Ocado Long-Term Incentive Plan.

Neill Abrams was awarded 176,346 conditional shares in Ocado Group plc. The award will vest in March 2020 subject to the satisfaction of performance conditions, as described in the Company's 2016 annual report and accounts. No payment is required for the awards.

c)

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

£2.551792

 

176,346

d)

Aggregated information

 

-     Aggregated volume

 

-     Price

 

Price

Aggregated volume

Aggregate total

£2.551792

176,346

£450,000

e)

Date of the transaction

 

20 February 2017

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 Square
Hatfield Business Park
Hatfield, Hertfordshire
AL10 9NE
email: 
company.secretary@ocado.com

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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