Director/PDMR Shareholding

RNS Number : 7979O
Tesco PLC
12 October 2021
 

PDMR SHAREHOLDING

12 October 2021

 

Tesco PLC (the "Company")

 

Release of shares from the Tesco PLC Performance Share Plan 2011

 

On 11 October 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 9 October 2019 under the rules of the Tesco PLC Performance Share Plan 2011:

 

Name of PDMR

No. of shares released

No. of shares withheld

No. of net shares

Natasha Adams

198,258

93,182

105,076

Alessandra Bellini

225,922

106,184

119,738

Guus Dekkers

201,833

94,862

106,971

Christine Heffernan

115,265

54,175

61,090

Adrian Morris

220,543

103,656

116,887

Ashwin Prasad

110,655

52,008

58,647

Matt Simister

230,533

108,351

122,182

Jason Tarry

292,777

137,606

155,171

Andrew Yaxley

230,533

108,351

122,182

 

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.

 

The share price on release was 270.35 pence per share.

 

Sale of Ordinary shares

 

The Company has been notified that on 11 October 2021, the following members of the Company's Executive Committee sold Ordinary shares of 6 1/3 pence each in the Company as set out below:

 

Name

No. of shares sold

Sale price

per share (pence)

Date of sale

Natasha Adams

105,076

269.65

11 October 2021

Guus Dekkers

50,000

269.65

11 October 2021

Matt Simister

122,182

269.65

11 October 2021

Jason Tarry

155,171

269.65

11 October 2021

Andrew Yaxley

122,182

269.65

11 October 2021

 

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 on 9 October 2019

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.7035

Volume(s)

198,258

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

198,258

£2.7035

£535,990.50

f)

Date of the transaction

2021-10-11

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 on 9 October 2019

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.7035

Volume(s)

225,922

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

225,922

£2.7035

£610,780.13

f)

Date of the transaction

2021-10-11

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 on 9 October 2019

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.7035

Volume(s)

201,833

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

201,833

£2.7035

£545,655.52

f)

Date of the transaction

2021-10-11

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 on 9 October 2019

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.7035

Volume(s)

115,265

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

115,265

£2.7035

£311,618.93

f)

Date of the transaction

2021-10-11

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 on 9 October 2019

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.7035

Volume(s)

220,543

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

220,543

£2.7035

£596,238.00

f)

Date of the transaction

2021-10-11

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 on 9 October 2019

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.7035

Volume(s)

110,655

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

110,655

£2.7035

£299,155.79

f)

Date of the transaction

2021-10-11

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 on 9 October 2019

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.7035

Volume(s)

230,533

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

230,533

£2.7035

£623,245.97

f)

Date of the transaction

2021-10-11

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 on 9 October 2019

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.7035

Volume(s)

292,777

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

292,777

£2.7035

£791,522.62

f)

Date of the transaction

2021-10-11

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 on 9 October 2019

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.7035

Volume(s)

230,533

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

230,533

£2.7035

£623,245.97

f)

Date of the transaction

2021-10-11

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 6 1/3 pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Sale of Ordinary shares

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.6965

Volume(s)

105,076

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

105,076

£2.6965

£283,337.43

f)

Date of the transaction

2021-10-11

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)



 

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

Sale of Ordinary shares

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.6965

Volume(s)

50,000

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

50,000

£2.6965

£134,825.00

f)

Date of the transaction

2021-10-11

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)



 

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

Sale of Ordinary shares

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.6965

Volume(s)

122,182

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

122,182

£2.6965

£329,463.76

f)

Date of the transaction

2021-10-11

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 1/3 pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Sale of Ordinary shares

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.6965

Volume(s)

155,171

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

155,171

£2.6965

£418,418.60

f)

Date of the transaction

2021-10-11

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 1/3 pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Sale of Ordinary shares

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.6965

Volume(s)

122,182

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

122,182

£2.6965

£329,463.76

f)

Date of the transaction

2021-10-11

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

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