TOTAL VOTING RIGHTS
OCADO GROUP PLC
1 October 2024
Ocado
Group plc
Voting
rights and capital
In accordance with the FCA's
Disclosure Guidance and Transparency Rules, Ocado Group plc
("Ocado") announces that, as at 30 September 2024:
· it had
831,784,795 issued ordinary shares of 2 pence each admitted to
trading. Each ordinary share carries the right to one vote in
relation to all circumstances at general meetings of
Ocado;
· it
does not hold any ordinary shares in treasury; and
· accordingly, it had total voting rights of 831,784,795. Of
these issued ordinary shares:
·
3,212,074 shares are held
by Solium Trustee (UK) Limited, the trustee for the Company's
employee Share Incentive Plan, who must vote, at the request of a
participant, in respect of ordinary shares held by the trustee on
behalf of that participant;
·
536,438 shares are held by Wealth Nominees
Limited, and 9,975,137 shares are held by Winterflood Client
Nominees Limited, both on behalf of Ocorian Limited (formerly known
as Estera Trust (Jersey) Limited), the independent company which is
the trustee of Ocado's Employee Benefit Trust (the "EBT Trustee").
The EBT Trustee has waived its right to exercise its voting rights
and to receive dividends in respect of 9,975,137 ordinary shares,
although it may vote in respect of 536,438 ordinary shares which
have vested under the joint share ownership scheme and remain in
the trust, at the request of a participant. The total of 10,511,575
ordinary shares held by the EBT Trustee are treated as treasury
shares in the group's consolidated balance sheet in accordance with
IAS 32 ''Financial Instruments: Presentation''. As such,
calculations of earnings per share for Ocado exclude the 10,511,575
ordinary shares held by the EBT Trustee.
The total voting rights figure
831,784,795 may be
used by shareholders and others with notification obligations as
the denominator for the calculations by which they will determine
whether they are required to notify their interest in, or a change
to their interest in, Ocado under the FCA's Disclosure Guidance and
Transparency Rules.
Excluding the 10,511,575 ordinary
shares held by the EBT Trustee as detailed above, Ocado has shares
in issue with aggregate voting rights of 821,273,220.
Person responsible for arranging the
release of this announcement:
Megan Barnes
Head of Secretariat
Ocado Group plc
Buildings One & Two
Trident Place
Mosquito Way
Hatfield
Hertfordshire AL10 9UL
email: company.secretary@ocado.com
Ocado Group plc LEI:
213800LO8F61YB8MBC74