Director/PDMR Shareholding

RNS Number : 6773F
Tesco PLC
19 July 2021
 

PDMR SHAREHOLDING

19 July 2021

 

Tesco PLC (the "Company")

 

Release of shares from the Tesco PLC Performance Share Plan 2011 (PSP)

 

On 16 July 2021, the members of the Company's Executive Committee listed below received the following Ordinary shares of 6 1/3 pence each in the Company upon their release from share awards granted on 16 July 2018 under the rules of the PSP:

 

Name of PDMR

No. of shares released

No. of shares withheld

No. of net shares

Natasha Adams

87,051

40,914

46,137

Alessandra Bellini

90,443

42,509

47,934

Guus Dekkers

64,063

30,110

33,953

Christine Heffernan

5,868

2,185

3,683

Adrian Morris

108,155

50,833

57,322

Ashwin Prasad

45,221

21,254

23,967

Matt Simister

101,748

47,822

53,926

Jason Tarry

143,579

67,483

76,096

Andrew Yaxley

108,531

51,010

57,521

 

The numbers of shares released represent the gross number of shares including dividend equivalent shares which have accrued between grant and release .  As shown above, shares have been withheld to cover Income Tax and National Insurance Contributions due on release and the net shares have been transferred to the PDMRs. With the exception of Christine Heffernan, the net shares are subject to a post-vesting holding period until 16 July 2023.

 

The share price on release was 234.9 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 Market Abuse Regulation (EU) 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018. 

 

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

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 1/3 pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Release of shares from awards granted under the rules of the Tesco PLC Performance Share Plan 2011 (PSP) on 16 July 2018

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.349

Volume(s)

87,051

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

87,051

£2.349

£204,482.80

f)

Date of the transaction

2021-07-16

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 6 1/3 pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Release of shares from awards granted under the rules of the Tesco PLC Performance Share Plan 2011 (PSP) on 16 July 2018

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.349

Volume(s)

90,443

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

90,443

£2.349

£212,450.61

f)

Date of the transaction

2021-07-16

g)

Place of the transaction

Outside a trading venue



 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Guus Dekkers

2

Reason for the notification

a)

Position/status

Chief Technology 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 1/3 pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Release of shares from awards granted under the rules of the Tesco PLC Performance Share Plan 2011 (PSP) on 16 July 2018

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.349

Volume(s)

64,063

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

64,063

£2.349

£150,483.99

f)

Date of the transaction

2021-07-16

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 6 1/3 pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Release of shares from awards granted under the rules of the Tesco PLC Performance Share Plan 2011 (PSP) on 16 July 2018

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.349

Volume(s)

5,868

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

5,868

£2.349

£13,783.93

f)

Date of the transaction

2021-07-16

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 6 1/3 pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Release of shares from awards granted under the rules of the Tesco PLC Performance Share Plan 2011 (PSP) on 16 July 2018

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.349

Volume(s)

108,155

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

108,155

£2.349

£254,056.10

f)

Date of the transaction

2021-07-16

g)

Place of the transaction

Outside a trading venue



 

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 1/3 pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Release of shares from awards granted under the rules of the Tesco PLC Performance Share Plan 2011 (PSP) on 16 July 2018

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.349

Volume(s)

45,221

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

45,221

£2.349

£106,224.13

f)

Date of the transaction

2021-07-16

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 6 1/3 pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Release of shares from awards granted under the rules of the Tesco PLC Performance Share Plan 2011 (PSP) on 16 July 2018

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.349

Volume(s)

101,748

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

101,748

£2.349

£239,006.05

f)

Date of the transaction

2021-07-16

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 6 1/3 pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Release of shares from awards granted under the rules of the Tesco PLC Performance Share Plan 2011 (PSP) on 16 July 2018

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.349

Volume(s)

143,579

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

143,579

£2.349

£337,267.07

f)

Date of the transaction

2021-07-16

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

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 1/3 pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Release of shares from awards granted under the rules of the Tesco PLC Performance Share Plan 2011 (PSP) on 16 July 2018

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.349

Volume(s)

108,531

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

108,531

£2.349

£254,939.32

f)

Date of the transaction

2021-07-16

g)

Place of the transaction

Outside a trading venue

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHBKLFFFDLFBBZ

Companies

Tesco (TSCO)
UK 100

Latest directors dealings