Director/PDMR Shareholding

RNS Number : 8925Y
Tesco PLC
14 May 2019
 

PDMR SHAREHOLDING

14 May 2019

 

Tesco PLC (the "Company")

 

Grant of Awards under the Tesco PLC 2014 Executive Incentive Plan (the "EIP"), the Tesco PLC Group Bonus Plan (the "GBP") and the Tesco PLC Performance Share Plan 2011 (the "PSP")

 

On 13 May 2019, the members of the Company's Executive Committee listed below were granted awards over Ordinary Shares of 5 pence each in the Company under the EIP, GBP and PSP, the number of shares being calculated using a market price of 244.12 pence per share.

 

PDMR

Number of Shares subject to award (EIP)

Vesting date

Dave Lewis

336,028

13 May 2022

Alan Stewart

170,740

13 May 2022

 

 

 

PDMR

Number of Shares subject to award (GBP)

 

Natasha Adams

71,720

13 May 2022

Alessandra Bellini

98,738

13 May 2022

Christine Heffernan

17,662

13 May 2021

Tony Hoggett

130,571

13 May 2022

Alison Horner

92,302

13 May 2022

Gerry Mallon

49,618

13 May 2022

Adrian Morris

101,694

13 May 2022

Matt Simister

103,043

13 May 2022

Jason Tarry

130,579

13 May 2022

Charles Wilson

108,112

13 May 2022

Andrew Yaxley

96,113

13 May 2022

 

 

 

PDMR

Number of Shares subject to award (PSP)

 

Gerry Mallon

46,252

13 May 2022

 

The above awards have been made in the form of conditional shares which will vest and be released on the vesting dates shown above, subject to continuous employment.

 

For any dividends paid in the period between the grant and release of conditional shares, the number of shares in each case will be increased to reflect the dividends that would have accrued had they been reinvested in shares.

 

The EIP and GBP awards have been granted in respect of the annual deferred bonus for the 2018/19 Financial Year. 

 

The PSP award has been granted to Gerry Mallon in respect of the buy-out of a bonus payment that he forfeited on leaving his previous employment.  The Remuneration Committee believes that this award fairly reflects the bonus payment Gerry forfeited in terms of value and timescale of vesting.

 

The conditional shares awarded contribute towards the shareholding guidelines for Executive Directors and Executive Committee members which are set out in the Directors' Remuneration Report of the Tesco PLC Annual Report and Financial Statements 2019 ("Directors' Remuneration Report"). 

Release of shares from the GBP and PSP

 

On 13 May 2019, the members of the Company's Executive Committee listed below received the following Ordinary shares of 5 pence each in the Company upon their release from awards granted under the rules of the GBP and PSP:

 

Name of PDMR

Number of shares released (GBP)1

Number of shares released (PSP)1

Natasha Adams

118,550

83,233

Christine Heffernan

38,021

9,609

Tony Hoggett

216,338

145,658

Matt Simister

155,159

104,040

Andrew Yaxley

169,136

119,682

1. The shares were awarded on 12 May 2016 with the exception of GBP shares released to Christine Heffernan which were awarded on 11 May 2017.

 

These represent the gross number of shares released including dividend equivalent shares which have accrued between grant and vesting.  A proportion of the shares released have been withheld to cover Income Tax and National Insurance Contributions due on release and the net shares have been transferred to the PDMRs.

 

The share price on release was 237.80 pence per share.

 

The Notification of Dealing Forms for each PDMR can be found below.  This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014. 

 

For enquiries, please contact:

 

Robert Welch, Company Secretary

Tesco PLC

Tesco House

Shire Park

Kestrel Way

Welwyn Garden City

Hertfordshire

AL7 1GA

Tel: 07793 222569

LEI Number: 2138002P5RNKC5W2JZ46

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Dave Lewis

2

Reason for the notification

a)

Position/status

Group Chief Executive

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC 

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Grant of conditional shares under the rules of the Tesco PLC 2014 Executive Incentive Plan

c)

Currency

GBP

 

d)

Price(s) and volume(s)

Price(s)

£2.4412

Volume(s)

336,028

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

336,028

£2.4412

£820,311.55

f)

Date of the transaction

2019-05-13

g)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Alan Stewart

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC 

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Grant of conditional shares under the rules of the Tesco PLC 2014 Executive Incentive Plan

c)

Currency

GBP

 

d)

Price(s) and volume(s)

Price(s)

£2.4412

Volume(s)

170,740

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

170,740

£2.4412

£416,810.49

f)

Date of the transaction

2019-05-13

g)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Natasha Adams

2

Reason for the notification

a)

Position/status

Chief People Officer

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC 

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Grant of conditional shares under the rules of the Tesco PLC Group Bonus Plan

c)

Currency

GBP

 

d)

Price(s) and volume(s)

Price(s)

£2.4412

Volume(s)

71,720

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

71,720

£2.4412

£175,082.86

f)

Date of the transaction

2019-05-13

g)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Alessandra Bellini

2

Reason for the notification

a)

Position/status

Chief Customer Officer

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC 

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Grant of conditional shares under the rules of the Tesco PLC Group Bonus Plan

c)

Currency

GBP

 

d)

Price(s) and volume(s)

Price(s)

£2.4412

Volume(s)

98,738

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

98,738

£2.4412

£241,039.21

f)

Date of the transaction

2019-05-13

g)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Christine Heffernan

2

Reason for the notification

a)

Position/status

Group Communications Director

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC 

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Grant of conditional shares under the rules of the Tesco PLC Group Bonus Plan

c)

Currency

GBP

 

d)

Price(s) and volume(s)

Price(s)

£2.4412

Volume(s)

17,662

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

17,662

£2.4412

£43,116.47

f)

Date of the transaction

2019-05-13

g)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Tony Hoggett

2

Reason for the notification

a)

Position/status

Group Chief Operations Officer

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC 

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Grant of conditional shares under the rules of the Tesco PLC Group Bonus Plan

c)

Currency

GBP

 

d)

Price(s) and volume(s)

Price(s)

£2.4412

Volume(s)

130,571

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

130,571

£2.4412

£318,749.93

f)

Date of the transaction

2019-05-13

g)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Alison Horner

2

Reason for the notification

a)

Position/status

CEO Asia

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC 

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Grant of conditional shares under the rules of the Tesco PLC Group Bonus Plan

c)

Currency

GBP

 

d)

Price(s) and volume(s)

Price(s)

£2.4412

Volume(s)

92,032

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

92,302

£2.4412

£225,327.64

f)

Date of the transaction

2019-05-13

g)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Gerry Mallon

2

Reason for the notification

a)

Position/status

Chief Executive, Tesco Bank

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC 

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Grant of conditional shares under the rules of the Tesco PLC Group Bonus Plan (GBP) and Tesco PLC Performance Share Plan 2011 (PSP)

c)

Currency

GBP

 

d)

Price(s) and volume(s)

Price(s)

£2.4412

 

£2.4412

Volume(s)

49,618 (GBP)

46,252 (PSP)

e)

Aggregated information

- Aggregated Volume

- Aggregated Price

- Aggregated Total

 

95,870

£2.4412

£234,037.84

f)

Date of the transaction

2019-05-13

g)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Adrian Morris

2

Reason for the notification

a)

Position/status

Group General Counsel

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC 

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Grant of conditional shares under the rules of the Tesco PLC Group Bonus Plan

c)

Currency

GBP

 

d)

Price(s) and volume(s)

Price(s)

£2.4412

Volume(s)

101,694

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

101,694

£2.4412

£248,255.39

f)

Date of the transaction

2019-05-13

g)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Matt Simister

2

Reason for the notification

a)

Position/status

CEO Central Europe

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC 

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Grant of conditional shares under the rules of the Tesco PLC Group Bonus Plan

c)

Currency

GBP

 

d)

Price(s) and volume(s)

Price(s)

£2.4412

Volume(s)

103,043

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

103,043

£2.4412

£251,548.57

f)

Date of the transaction

2019-05-13

g)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Jason Tarry

2

Reason for the notification

a)

Position/status

CEO UK and ROI

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC 

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Grant of conditional shares under the rules of the Tesco PLC Group Bonus Plan

c)

Currency

GBP

 

d)

Price(s) and volume(s)

Price(s)

£2.4412

Volume(s)

130,579

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

130,579

£2.4412

£318,769.45

f)

Date of the transaction

2019-05-13

g)

Place of the transaction

Outside a trading venue

 

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Charles Wilson

2

Reason for the notification

a)

Position/status

CEO, Booker

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC 

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Grant of conditional shares under the rules of the Tesco PLC Group Bonus Plan

c)

Currency

GBP

 

d)

Price(s) and volume(s)

Price(s)

£2.4412

Volume(s)

108,112

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

108,112

£2.4412

£263,923.01

f)

Date of the transaction

2019-05-13

g)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Andrew Yaxley

2

Reason for the notification

a)

Position/status

Chief Product Officer

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC 

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Grant of conditional shares under the rules of the Tesco PLC Group Bonus Plan

c)

Currency

GBP

 

d)

Price(s) and volume(s)

Price(s)

£2.4412

Volume(s)

96,113

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

96,113

£2.4412

£234,631.06

f)

Date of the transaction

2019-05-13

g)

Place of the transaction

Outside a trading venue

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Natasha Adams

2

Reason for the notification

a)

Position/status

Chief People Officer

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC 

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Release of shares from awards granted under the rules of the Tesco PLC Group Bonus Plan (GBP) and Tesco PLC Performance Share Plan 2011 (PSP) on 12 May 2016

c)

Currency

GBP

 

d)

Price(s) and volume(s)

Price(s)

£2.3780

 

£2.3780

Volume(s)

118,550 (GBP)

83,233 (PSP)

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

201,783

£2.3780

£479,839.97

f)

Date of the transaction

2019-05-13

g)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Christine Heffernan

2

Reason for the notification

a)

Position/status

Group Communications Director

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC 

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Release of shares from awards granted under the rules of the Tesco PLC Group Bonus Plan (GBP) on 11 May 2017 and Tesco PLC Performance Share Plan 2011 (PSP) on 12 May 2016

c)

Currency

GBP

 

d)

Price(s) and volume(s)

Price(s)

£2.3780

 

£2.3780

Volume(s)

9,609 (GBP)

38,021 (PSP)

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

47,630

£2.3780

£113,264.14

f)

Date of the transaction

2019-05-13

g)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Tony Hoggett

2

Reason for the notification

a)

Position/status

Group Chief Operations Officer

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC 

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Release of shares from awards granted under the rules of the Tesco PLC Group Bonus Plan (GBP) and Tesco PLC Performance Share Plan 2011 (PSP) on 12 May 2016

c)

Currency

GBP

 

d)

Price(s) and volume(s)

Price(s)

£2.3780

 

£2.3780

Volume(s)

216,338 (GBP)

145,658 (PSP)

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

361,996

£2.3780

£860,826.49

f)

Date of the transaction

2019-05-13

g)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Matt Simister

2

Reason for the notification

a)

Position/status

CEO Central Europe

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC 

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Release of shares from awards granted under the rules of the Tesco PLC Group Bonus Plan (GBP) and Tesco PLC Performance Share Plan 2011 (PSP) on 12 May 2016

c)

Currency

GBP

 

d)

Price(s) and volume(s)

Price(s)

£2.3780

 

£2.3780

Volume(s)

155,159 (GBP)

104,040 (PSP)

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

259,199

£2.3780

£616,375.22

f)

Date of the transaction

2019-05-13

g)

Place of the transaction

Outside a trading venue

         
 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Andrew Yaxley

2

Reason for the notification

a)

Position/status

Chief Product Officer

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC 

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Release of shares from awards granted under the rules of the Tesco PLC Group Bonus Plan (GBP) and Tesco PLC Performance Share Plan 2011 (PSP) on 12 May 2016

c)

Currency

GBP

 

d)

Price(s) and volume(s)

Price(s)

£2.3780

 

£2.3780

Volume(s)

169,136 (GBP)

119,682 (PSP)

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

288,818

£2.3780

£686,809.20

f)

Date of the transaction

2019-05-13

g)

Place of the transaction

Outside a trading venue

 


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Companies

Tesco (TSCO)
UK 100

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