Business
Redemption of Convertible Bonds
Ocado Group plc has announced the full redemption of its outstanding £55.8 million aggregate principal amount of 0.875% Guaranteed Senior Unsecured Convertible Bonds due 2025, which matured on 9 December 2025. The bonds have been redeemed at their principal amount along with accrued interest, and will subsequently be cancelled, leaving no bonds of this series outstanding. Disclaimer*
About this update from Ocado Group Plc
[{"type":"text","content":"\n\nTHIS 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.\n \nOcado Group plc\n9 December 2025\n \nOcado Group plc\nRedemption of Convertible Bonds\nin respect of the 0.875% Guaranteed Senior Unsecured Convertible Bonds due 2025 issued by Ocado Group plc (the \"2025 Convertible Bonds\")\nOcado Group plc (the \"Company\") announces the redemption of its outstanding 2025 Convertible Bonds (ISIN: XS2090948279).\nThe 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.\nFollowing the redemption, the 2025 Convertible Bonds will be cancelled, and there are no bonds of this series outstanding.\nContacts\nStephen Daintith, Chief Financial Officer on +44 (0)1707 228 000\nNick Coulter, VP of Group Capital Markets and FP&A, on +44 (0)1707 228 000\nJamie Kerr, Director of Communications, on +44 1707 228 000\nLucy Legh, Headland Consultancy - [email protected], on +44 (0) 20 3805 4822\n \nFurther information about Ocado is available on its website at www.ocadogroup.com.\nImportant Notice\nCertain 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.\nAnnouncement Information\nPerson responsible for arranging release of this announcement:\nMollie Stoker\nGroup General Counsel and Compa...