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RNS Number : 7630U
Ocado Group PLC
26 November 2019
 

BLOCK LISTING APPLICATION
OCADO GROUP PLC

26 November 2019

 

Ocado Group plc (the "Company")
Block Listing Application

 

The Company announces that an application has been made to the Financial Conduct Authority ("FCA") and the London Stock Exchange ("LSE") for the admission of 4,000,000 of its ordinary shares of 2 pence each ("Shares") to trading on the main market for listed securities of the LSE and to the premium segment of the official list of the FCA. The Shares will rank pari passu with the existing issued ordinary shares of the Company.

 

The Shares will be reserved under a block listing in connection with the Company's Sharesave Scheme ("Sharesave"). The Shares will be issued from time to time in satisfaction of options granted under the the Sharesave.

 

The Sharesave is a plan offering options on Ocado shares to all eligible employees. There are over 5,000 Sharesave accounts held by employees across the 2016, 2018 and 2019 Sharesave schemes.

 

Admission of the Shares is expected to take place on 28 November 2019.

 

This announcement is made in accordance with Listing Rule 3.5.5.

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

Person responsible for arranging release of this announcement: 

Neill Abrams

Company Secretary

Ocado Group plc

Buildings One & Two

Trident Place

Mosquito Way

Hatfield

Hertfordshire

AL10 9UL

Fax: +44 (0)1707 227 997

email: [email protected]

 


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 [email protected] or visit www.rns.com.
 
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Quick facts: Ocado Group PLC

Price: 1220

Market: AIM
Market Cap: £8.65 billion
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