Ocado Group PLC has announced its total voting rights as of 28 March 2024. The company has 829,943,680 issued ordinary shares of 2 pence each admitted to trading, with each share carrying the right to one vote in relation to all circumstances at general meetings. Notably, the company does not hold any ordinary shares in treasury, resulting in total voting rights of 829,943,680.
Of the issued ordinary shares, 2,573,544 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, both on behalf of Ocorian 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 9,917,035 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.
Excluding the 10,453,473 ordinary shares held by the EBT Trustee, Ocado has shares in issue with aggregate voting rights of 819,490,207. The total voting rights figure 829,943,680 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.
Megan Barnes, Head of Secretariat at Ocado Group plc, is responsible for arranging the release of this announcement. For more details, the company has provided contact information for further inquiries.