Ocado Group (GB:OCDO) has released an update.
Ocado Group PLC has announced the participation of its top executives, including the CEO, in the company’s Share Incentive Plan (SIP), where they bought ‘Partnership Shares’ on the London Stock Exchange. The SIP, established in May 2011, allows employees to purchase shares at market value using salary deductions and receive matching shares. The transactions were conducted on June 17, 2024, highlighting the ongoing investment of management in the company’s future.
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