Ocado Group PLC Application for Listing and Total Voting Rights (1832P)
May 24 2018 - 11:00AM
UK Regulatory
TIDMOCDO
RNS Number : 1832P
Ocado Group PLC
24 May 2018
APPLICATION FOR LISTING
OCADO GROUP PLC
24 May 2018
Application for listing
Ocado Group plc ("Ocado" or the "Company") announces that an
application has been made for 33,146,200 of its ordinary shares of
2 pence each to be admitted to the premium listing segment of the
Official List of the Financial Conduct Authority and to be admitted
to trading on the main market for listed securities of The London
Stock Exchange plc (together "Admission"). Such ordinary shares
shall, when issued, rank pari passu with the existing issued
ordinary shares of Ocado. It is expected that Admission will take
place at 8:00 a.m. on 29 May 2018.
The shares are being issued in connection with the partnership
agreement between Ocado and The Kroger Co. ("Kroger") as announced
on 17 May 2018. In order to effect the issue of shares, the Company
intends to use the authorities granted to it at its Annual General
Meeting held on 2 May 2018 which enable it to issue up to 5% of its
issued share capital on a non pre-emptive basis in connection with
financing a transaction which the Board of the Company determines
to be an acquisition or specified capital investment, as
contemplated by the Statement of Principles published by the
Pre-Emption Group.
Following Admission, the total number of shares of the Company
in issue will be 697,212,010. Ocado currently holds no shares as
treasury shares and therefore, following Admission, the total
number of voting shares in the Company will be 697,212,010.
The total voting rights figure of 697,212,010 ordinary shares
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.
This announcement is made in accordance with Listing Rule
3.2.
Further information about Ocado is available on its website at
www.ocadogroup.com.
Person responsible for arranging the 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: 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.
END
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May 24, 2018 11:00 ET (15:00 GMT)
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