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Completion of redemption

11th Nov 2025 07:00

RNS Number : 9310G
Ocado Group PLC
11 November 2025
 

THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY, AND DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF OCADO GROUP PLC.

 

Ocado Group plc

Notice of Completion of Redemptionin respect of the 3.875% senior notes due 2026 issued by Ocado Group plc (the "2026 Notes")

Reference is made to the announcement of Ocado Group plc ("Ocado") dated 29 October 2025.

Ocado hereby announces that, in accordance with the indenture, dated as of 8 October 2021, governing the 2026 Notes (the "Indenture"), Ocado has redeemed the outstanding 2026 Notes in full on 10 November 2025 at 100 per cent. of their principal amount together with accrued interest. In accordance with the Indenture, the redemption payment has been made on 10 October 2025.

Following such redemption, the 2026 Notes have been cancelled. As at the date of this announcement, there are no outstanding 2026 Notes in issue. Accordingly, Ocado made an application to The Irish Stock Exchange, trading as Euronext Dublin for the withdrawal of the listing of the 2026 Notes. Such withdrawal of listing of the 2026 Notes became effective on 10 November 2025.

Contacts

Stephen Daintith, Chief Financial Officer on +44 (0)1707 228 000

Nick Coulter, VP of Group Capital Markets and FP&A, on +44 (0)1707 228 000

Jamie Kerr, Director of Communications, on +44 1707 228 000

Lucy Legh, Headland Consultancy - [email protected], on +44 (0) 20 3805 4822

Further information about Ocado is available on its website at www.ocadogroup.com.

Important Notice

Certain statements made in this announcement are forward-looking statements. Such statements are based on current expectations and assumptions and are subject to a number of risks and uncertainties that could cause actual events or results to differ materially from any expected future events or results expressed or implied in these forward-looking statements. Persons receiving this announcement should not place undue reliance on forward-looking statements. Unless otherwise required by applicable law, regulation or accounting standard, Ocado does not undertake to update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise.

Announcement Information

Person responsible for arranging release of this announcement:

Neill AbramsGroup General Counsel and Company SecretaryOcado Group plcBuildings One & TwoTrident Place, Mosquito WayHatfield, HertfordshireAL10 9ULFax: +44 (0)1707 227 997email: [email protected]

Ocado Group plc LEI: 213800LO8F61YB8MBC74

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