Ocado Group (GB:OCDO) has released an update.
Ocado Group has announced that its CEO, Tim Steiner, has agreed to extend the completion dates of his forward sale agreements involving 14 million shares, previously set to conclude in July 2025 and 2026. The extensions will see no additional consideration and Steiner will retain a beneficial interest in the shares until the new completion dates. This decision was made in compliance with market regulations and announced by Megan Barnes, Head of Secretariat at Ocado Group.
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