Last checked at 2 Apr 2015 18:08
OCADO GROUP PLC
DIRECTOR/PDMR SHAREHOLDING
2 April 2015
Ocado Group plc
Director/PDMR Notification
Ocado Group plc (the "Company") announces, pursuant to rule 3.1.2R of the FCA's Disclosure Rules and Transparency Rules, that the four directors listed below (the "Directors") have elected to participate in the 2015 Ocado Sharesave Scheme ("2015 SAYE"). An element of this participation involves the Directors being granted options to purchase ordinary shares of 2p each in the Company ("Options"), at an exercise price of 324 pence per share. The 2015 SAYE is HMRC approved and is available to all of the Company's employees on identical terms.
The other details of the Options are set out below:
Director/PDMR | Number of Options granted | Period exercisable |
Tim Steiner | 2,777 | 01/05/2018 - 01/11/2018 |
Duncan Tatton-Brown | 2,777 | 01/05/2018 - 01/11/2018 |
Neill Abrams | 2,777 | 01/05/2018 - 01/11/2018 |
Mark Richardson | 5,555 | 01/05/2018 - 01/11/2018 |
As a result of the above transaction, the interests of the Directors in options over the Company's ordinary shares are:
Director/PDMR | Total interest in options |
Tim Steiner | 105,764 |
Duncan Tatton-Brown | 15,687 |
Neill Abrams | 205,767 |
Mark Richardson | 75,555 |
For the purposes of DTR 3.1.3, the above transactions took place in the United Kingdom, with a grant date of 1 April 2015 and the Directors being notified on 2 April 2015.
Enquiries:
Company SecretaryOcado Group plcTitan Court3 Bishops SquareHatfield Business ParkHatfieldHertfordshire AL10 9NEFax: +44 (0)1707 227 997email: company.secretary@ocado.com