Director/PDMR Shareholding

RNS Number : 8895V
Tesco PLC
19 April 2021
 

PDMR SHAREHOLDING

 

19 April 2021

 

Tesco PLC (the "Company")

 

Release of shares under the Tesco PLC Performance Share Plan 2011

On 15 April 2021, Gerry Mallon, a member of the Company's Executive Committee, received 46,815 Ordinary shares of 6 1/3 pence each in the Company upon their release from share awards granted under the rules of the Tesco PLC Performance Share Plan 2011 on 13 August 2018.

 

This represents the gross number of shares released including dividend equivalent shares which have accrued between grant and vesting.  Of those shares released, 22,472 shares have been withheld to cover Income Tax and National Insurance Contributions due on release. T he net shares have been transferred to Gerry and are subject to post-vesting holding period of six months.

 

The share price on release was £2.2445 per share.

 

Purchase of shares under the Tesco PLC Share Incentive Plan (the "SIP")

The Company has been notified that on 16 April 2021, the Trustees of the SIP purchased Ordinary Shares of 6 1/3 pence each in the Company under the SIP's Partnership Share Scheme on behalf of the following Persons Discharging Managerial Responsibilities ("PDMRs") as set out below: 

 

Name of PDMR

Number of shares acquired

Purchase price per share

Date acquired

Alan Stewart

60

£2.2756

16 April 2021

Natasha Adams

9

£2.2756

16 April 2021

Tony Hoggett

22

£2.2756

16 April 2021

Adrian Morris

61

£2.2756

16 April 2021

Ashwin Prasad

61

£2.2756

16 April 2021

Jason Tarry

60

£2.2756

16 April 2021

Andrew Yaxley

61

£2.2756

16 April 2021

 

The Notification of Dealing Form for each PDMR can be found below.  This announcement is made in accordance with Article 19 of the 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

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 6 1/3pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Release of shares awarded under the rules of the Tesco PLC Performance Share Plan 2011

c)

Currency

GBP

 

d)

Price(s) and volume(s)

Price(s)

£2.2445

Volume(s)

46,815

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

46,815

 

£2.2445

 

£105,076.27

f)

Date of the transaction

2021-04-15

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 6 1/3pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan 

c)

Currency

GBP

 

d)

Price(s) and volume(s)

Price(s)

£2.2756

Volume(s)

60

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

60

 

£2.2756

 

£136.54

f)

Date of the transaction

2021-04-16

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

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 6 1/3pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan 

c)

Currency

GBP

 

d)

Price(s) and volume(s)

Price(s)

£2.2756

Volume(s)

9

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

9

 

£2.2756

 

£20.48

f)

Date of the transaction

2021-04-16

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Tony Hoggett

2

Reason for the notification

a)

Position/status

Chief Strategy and Innovation 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 6 1/3pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan 

c)

Currency

GBP

 

d)

Price(s) and volume(s)

Price(s)

£2.2756

Volume(s)

22

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

22

 

£2.2756

 

£50.06

f)

Date of the transaction

2021-04-16

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

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 6 1/3pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan 

c)

Currency

GBP

 

d)

Price(s) and volume(s)

Price(s)

£2.2756

Volume(s)

61

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

61

 

£2.2756

 

£138.81

f)

Date of the transaction

2021-04-16

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Ashwin Prasad

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 6 1/3pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan 

c)

Currency

GBP

 

d)

Price(s) and volume(s)

Price(s)

£2.2756

Volume(s)

61

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

 

61

 

£2.2756

 

£138.81

f)

Date of the transaction

2021-04-16

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

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 6 1/3pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan 

c)

Currency

GBP

 

d)

Price(s) and volume(s)

Price(s)

£2.2756

Volume(s)

60

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

60

 

£2.2756

 

£136.54

f)

Date of the transaction

2021-04-16

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Andrew Yaxley

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 6 1/3pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan 

c)

Currency

GBP

 

d)

Price(s) and volume(s)

Price(s)

£2.2756

Volume(s)

61

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

61

 

£2.2756

 

£138.81

f)

Date of the transaction

2021-04-16

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

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