TOTAL VOTING RIGHTS
OCADO GROUP PLC
4 January 2022
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 31 December 2021:
· it had 751,528,084 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 751,528,084. Of these issued ordinary shares:
· 1,494,051 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;
· 564,988 shares are held by Wealth Nominees Limited, and 9,889,160 shares are held by Numis Nominees (Client) Ltd, 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 9,889,160 ordinary shares, although it may vote in respect of 564,988 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 10,454,148 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 10,454,148 ordinary shares held by the EBT Trustee.
The total voting rights figure 751,528,084 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 Rules and Transparency Rules.
Excluding the 10,454,148 ordinary shares held by Wealth Nominees Limited as detailed above, Ocado has shares in issue with aggregate voting rights of 741,073,936.
Person responsible for arranging the release of this announcement:
Ocado Group plc
Buildings One & Two
Hertfordshire AL10 9UL
Fax: +44 (0)1707 227 997
Ocado Group plc LEI: 213800LO8F61YB8MBC74