Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksOcado Regulatory News (OCDO)

Share Price Information for Ocado (OCDO)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 288.90
Bid: 289.70
Ask: 290.90
Change: 2.00 (0.70%)
Spread: 1.20 (0.414%)
Open: 287.00
High: 293.50
Low: 284.40
Prev. Close: 286.90
OCDO Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Statement regarding AutoStore

11 Mar 2022 08:01

RNS Number : 4880E
Ocado Group PLC
11 March 2022
 

OCADO GROUP PLC

11 March 2022

 

Ocado Group plc

ITC investigation over: conclusive victory for Ocado

ITC confirms all AutoStore cavity bot patents are invalid

On 10th March, the International Trade Commission, consisting of 5 experienced patent judges, decided in favour of Ocado on all points. Every patent AutoStore asserted in its ITC complaint was found either invalid or not infringed by Ocado's proprietary state of the art technology.

All of the 33 claims that originally constituted AutoStore's complaint to the ITC have now been rejected for a second time, or abandoned by AutoStore. AutoStore's key cavity bot patents, the UK versions of which are the only patents being asserted against Ocado in the High Court case starting next week, were all found to be invalid. A fourth, unrelated, patent was held not to be infringed.

Unusually, the ITC accepted review of the judge's original decision and in the same notice gave its decision on the merits, which further emphasises the strength of these findings.

Ocado continues actively to pursue its claims against AutoStore for infringement of Ocado's IP rights in both the United States and Europe, including its antitrust "Walker Process" claim against AutoStore in East Virginia and its infringement of five Ocado patents in New Hampshire. Ocado anticipates court determinations injuncting AutoStore and awarding Ocado damages for AutoStore's infringement of Ocado's patents.

An Ocado spokesperson said:

"We welcome the ITC's decision, which comprehensively confirms the judge's original findings last December. All 33 of the patent claims asserted against Ocado have now been confirmed for a second time to be either invalid or not infringed, demonstrating again how misguided AutoStore's complaint has been. The ITC investigation is now at its end.

 

We expect further vindication in the High Court in London in the weeks ahead, where AutoStore has already abandoned half of the patents in the case."

 

Contacts

● David Shriver, Director of Communications, Ocado Group plc, on 01707 228 000

● Martin Robinson at Tulchan Communications on 020 7353 4200

 

 

 

Person responsible for arranging the release of this announcement:

 

Neill Abrams

Group General Counsel & Company Secretary

Ocado Group plc

Buildings One & Two

Trident Place

Mosquito Way

Hatfield

Hertfordshire AL10 9UL

Fax: +44 (0)1707 227 997

email: company.secretary@ocado.com

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.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.
 
END
 
 
STRFIFEDVAILLIF
Date   Source Headline
20th Jun 202411:37 amRNSUpdate on Sobeys Partnership
18th Jun 20244:32 pmRNSDirector/PDMR Shareholding
3rd Jun 202412:21 pmRNSTotal Voting Rights
21st May 20244:38 pmRNSDirector/PDMR Shareholding
16th May 202412:16 pmRNSDirector/PDMR Shareholding
9th May 20247:00 amRNSDirectorate Change
7th May 20243:43 pmRNSDirector/PDMR Shareholding
1st May 202410:26 amRNSTotal Voting Rights
29th Apr 20244:01 pmRNSResult of AGM
22nd Apr 20244:28 pmRNSDirector/PDMR Shareholding
15th Apr 20243:15 pmRNSDirector/PDMR Shareholding
15th Apr 202411:57 amRNSHolding(s) in Company
4th Apr 20247:00 amRNSDirectorate Change
2nd Apr 20241:01 pmRNSDirector/PDMR Shareholding
2nd Apr 202412:01 pmRNSTotal Voting Rights
28th Mar 20242:50 pmRNSDirector/PDMR Shareholding
28th Mar 20242:45 pmRNSDirector/PDMR Shareholding
28th Mar 20242:27 pmRNSDirector Declaration
26th Mar 20247:00 amRNSTrading Statement
15th Mar 20245:25 pmRNSDirector/PDMR Shareholding
1st Mar 202411:31 amRNSTotal Voting Rights
29th Feb 20244:41 pmRNSNotice of AGM
29th Feb 20244:25 pmRNSAnnual Financial Report
29th Feb 20247:00 amRNSFinal Results
16th Feb 202411:26 amRNSDirector/PDMR Shareholding
5th Feb 20243:01 pmRNSHolding(s) in Company
2nd Feb 20249:16 amRNSBoard Changes
1st Feb 202410:24 amRNSTotal Voting Rights
29th Jan 20244:42 pmRNSBlock listing Interim Review
22nd Jan 202410:37 amRNSHolding(s) in Company
16th Jan 202411:23 amRNSDirector/PDMR Shareholding
16th Jan 20247:00 amRNSTrading Statement
3rd Jan 20242:26 pmRNSTotal Voting Rights
18th Dec 202312:08 pmRNSDirector/PDMR Shareholding
4th Dec 20233:54 pmRNSHolding(s) in Company
1st Dec 202310:36 amRNSTotal Voting Rights
29th Nov 20235:30 pmRNSDirector/PDMR Shareholding
29th Nov 202311:53 amRNSDirector/PDMR Shareholding
28th Nov 20234:51 pmRNSDirector/PDMR Shareholding
27th Nov 20237:15 amRNSDirector Declaration
16th Nov 20239:03 amRNSDirector/PDMR Shareholding
15th Nov 20233:38 pmRNSOcado announces deal with McKesson Canada
1st Nov 202310:32 amRNSTotal Voting Rights
1st Nov 20237:00 amRNSDirector Declaration
30th Oct 20232:23 pmRNSDirector/PDMR Shareholding
17th Oct 20231:16 pmRNSDirector/PDMR Shareholding
16th Oct 20234:49 pmRNSAdditional Listing
6th Oct 20239:56 amRNSHolding(s) in Company
2nd Oct 202310:23 amRNSTotal Voting Rights
19th Sep 20237:00 amRNSTrading Statement

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.