Ocado Group PLC has announced its total voting rights as of 30th April 2024. The company has 830,075,262 issued ordinary shares of 2 pence each admitted to trading, with each share carrying the right to one vote in general meetings. Notably, the company does not hold any ordinary shares in treasury, resulting in total voting rights of 830,075,262. However, 10,453,473 ordinary shares held by the EBT Trustee are treated as treasury shares in the group's consolidated balance sheet, excluding them from the total voting rights calculation.
Of the issued ordinary shares, 2,586,014 shares are held by Solium Trustee (UK) Limited, and 536,438 shares are held by Wealth Nominees Limited, and 9,917,035 shares are held by Winterflood Client Nominees Limited, on behalf of Ocorian Limited, the independent company which is the trustee of Ocado's Employee Benefit Trust. The EBT Trustee has waived its right to exercise its voting rights and to receive dividends in respect of 9,917,035 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 voting rights figure of 830,075,262 may be used by shareholders and others with notification obligations as the denominator for the calculations to 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 10,453,473 ordinary shares held by the EBT Trustee, Ocado has shares in issue with aggregate voting rights of 819,621,789.
Megan Barnes, Head of Secretariat at Ocado Group plc, is responsible for arranging the release of this announcement. For more details, individuals can visit the company's website.