4th Jun 2018 17:59
DIRECTOR/PDMR NOTIFICATIONOCADO GROUP PLC
4 June 2018
Ocado Group plcDirector/PDMR Notification
Ocado Group plc (the "Company") makes the following announcement regarding the transactions in Ocado ordinary shares of 2 pence each ("Shares") carried out by one of its Directors.
1 | Details of the person discharging managerial responsibilities/person closely associated
| ||||
a) | Name
| Mark Richardson | |||
2 | Reason for the notification
| ||||
a) | Position/status
| Chief Operating 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, an Executive Director of Ocado Group plc, exercised 70,000 share options granted to him on 31 May 2009 prior to the Company's listing in 2010. Mark Richardson bought the 70,000 shares awarded to him at the option price of £1.20.
| |||
c) | Price(s) and volume(s)
| Price(s)
| Volume(s) | ||
£1.20
| 70,000 | ||||
d) | Aggregated information
- Aggregated volume
- Price
| Price | Aggregated volume | Aggregate total | |
£1.20 | 70,000 | £84,000.00 | |||
e) | Date of the transaction
| 31 May 2018 | |||
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 Operating 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, an Executive Director of Ocado Group plc, exercised 70,000 share options granted to him on 31 May 2009 prior to the Company's listing in 2010. Mark Richardson bought the shares awarded to him at a price of £1.20 per share and subsequently sold the 70,000 awarded to him at a price of £8.919161.
| |||
c) | Price(s) and volume(s)
| Price(s)
| Volume(s) | ||
£8.919161
| 70,000 | ||||
d) | Aggregated information
- Aggregated volume
- Price
| Price | Aggregated volume | Aggregate total | |
£8.919161 | 70,000 | £624,341.27 | |||
e) | Date of the transaction
| 31 May 2018 | |||
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 AbramsCompany SecretaryOcado Group plcBuildings One & Two Trident PlaceMosquito WayHatfieldHertfordshireAL10 9ULFax: +44 (0)1707 227997email: [email protected]
Ocado Group plc LEI: 213800LO8F61YB8MBC74
Related Shares:
Ocado