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Ocado Group PLC - Hatfield, England-based online grocer and technology licensor - Announces results of invitation to holders of 0.875% guaranteed senior unsecured convertible bonds due 2025 and 3.875% guaranteed senior unsecured notes due 2026. Says £427.2 million validly tendered for 2025 bonds, with a purchase price of £276.3 million for 2026 notes, so £703.5 million in total. The purchase price for both is 93%, so the total purchase consideration is £654.3 million. Current stock price: 392.88 pence 12-month change: down 54% Copyright 2024 Alliance News Ltd. All Rights Reserved.
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