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
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 - [email protected], 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: [email protected] Ocado Group plc LEI: 213800LO8F61YB8MBC74