Ocado Group PLC Director/PDMR Shareholding (8037G)
28 Luglio 2021 - 4:43PM
UK Regulatory
TIDMOCDO
RNS Number : 8037G
Ocado Group PLC
28 July 2021
DIRECTOR/PDMR NOTIFICATION
OCADO GROUP PLC
28 July 2021
Ocado Group plc (the "Company")
Director/PDMR Notification
Following the approval of the Company's 2019 Value Creation Plan
(the "VCP") by the Company's shareholders at the 2019 Annual
General Meeting (the "2019 AGM"), the Company hereby announces a
further grant of "Participation Rights" under the VCP.
"Participation Rights" under the VCP entitle the participant to
receive, subject to the rules of the VCP, a proportion (the
"Participant Percentage") of the Company's total shareholder return
above a threshold annual compound growth rate of 10%.
This value can either be delivered through (i) the grant of
nil-cost options over ordinary shares in the Company ("Shares")
following the announcement of the Company's annual results for the
2019, 2020, 2021, 2022 and 2023 financial years or (ii) the
participant's acquisition of Shares (at the time the related
"Participation Right" is granted) which are held jointly with the
Company's employee benefit trust (the "EBT") in accordance with the
rules of the VCP and which will vest on the same timetable as
nil-cost option awards.
Stephen Daintith shall receive his Participant Percentage in the
form of a nil cost option. He has no rights in respect of the Plan
relating to the 2019 and 2020 Financial Years. The details of the
grant are set out below.
Details of the person discharging managerial responsibilities/person
closely associated
1
a) Name Stephen Daintith
------------------------------ ------------------------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------------------------
a) Position/status Chief Financial Officer
------------------------------ ------------------------------------------------------------
b) Initial notification/ Initial notification
Amendment
------------------------------ ------------------------------------------------------------
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 Ordinary shares of 2 pence each in Ocado
financial instrument, Group plc ("Shares")
type of instrument
Identification code ISIN GB00B3MBS747
------------------------------ ------------------------------------------------------------
b) Nature of the transaction Grant of a conditional right, subject to
the rules of the VCP, to receive the value
by which the Company's total shareholder
return exceeds a compound annual growth
rate of 10%, multiplied by a Participation
Percentage of 0.25% (the "Award Value").
The Award Value will be delivered following
the assessment of the Company's total shareholder
return after the end of each of the 2021,
2022 and 2023 financial years of the Company
by the grant of a nil-cost option over
Shares.
------------------------------ ------------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------------------------ ---------------------------- ------------------------------
GBP0 GBP0
------------------------------ ---------------------------- ------------------------------
d) Aggregated information Price Aggregated volume Aggregate total
* Aggregated volume
* Price
------------------------------ --------------- -------------------- ---------------------
GBP0 0 GBP0
------------------------------ --------------- -------------------- ---------------------
e) Date of the transaction 27 July 2021
------------------------------ ------------------------------------------------------------
f) Place of the transaction Outside a regulated market
------------------------------ ------------------------------------------------------------
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:
Robert Cooper
Deputy Company Secretary
Ocado Group plc
Buildings One & Two Trident Place
Mosquito Way
Hatfield
Hertfordshire
AL10 9UL
Fax: +44 (0)1707 227997
email: robert.cooper@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
DSHUWSSRARUBUAR
(END) Dow Jones Newswires
July 28, 2021 10:43 ET (14:43 GMT)
Grafico Azioni Ocado (LSE:OCDO)
Storico
Da Mar 2024 a Apr 2024
Grafico Azioni Ocado (LSE:OCDO)
Storico
Da Apr 2023 a Apr 2024
