THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY, AND DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF OCADO GROUP PLC.
Ocado Group plc
9 December 2025
Ocado Group plc
Redemption of Convertible Bonds
in respect of the 0.875% Guaranteed Senior Unsecured Convertible Bonds due 2025 issued by Ocado Group plc (the "2025 Convertible Bonds")
Ocado Group plc (the "Company") announces the redemption of its outstanding 2025 Convertible Bonds (ISIN: XS2090948279).
The 2025 Convertible Bonds have matured today, 9 December 2025 (the "Maturity Date"). Accordingly, the Company confirms that all outstanding 2025 Convertible Bonds, with an aggregate principal amount of £55.8 million, have been redeemed in full at their principal amount, together with accrued but unpaid interest, in accordance with the terms and conditions of the 2025 Convertible Bonds.
Following the redemption, the 2025 Convertible Bonds will be cancelled, and there are no bonds of this series outstanding.
Contacts
Stephen Daintith, Chief Financial Officer on +44 (0)1707 228 000
Nick Coulter, VP of Group Capital Markets and FP&A, on +44 (0)1707 228 000
Jamie Kerr, Director of Communications, on +44 1707 228 000
Lucy Legh, Headland Consultancy - ocadogroup@headlandconsultancy.com, on +44 (0) 20 3805 4822
Further information about Ocado is available on its website at www.ocadogroup.com.
Important Notice
Certain statements made in this announcement are forward-looking statements. Such statements are based on current expectations and assumptions and are subject to a number of risks and uncertainties that could cause actual events or results to differ materially from any expected future events or results expressed or implied in these forward-looking statements. Persons receiving this announcement should not place undue reliance on forward-looking statements. Unless otherwise required by applicable law, regulation or accounting standard, Ocado does not undertake to update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise.
Announcement Information
Person responsible for arranging release of this announcement:
Mollie Stoker
Group General Counsel and Company Secretary
Ocado Group plc
Buildings One & Two
Trident Place, Mosquito Way
Hatfield, Hertfordshire
AL10 9UL
email: company.secretary@ocado.com
Ocado Group plc LEI: 213800LO8F61YB8MBC74
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
