Tesco PLC

Director/PDMR Shareholding

RNS Number : 9708Y
Tesco PLC
18 May 2021
 

PDMR SHAREHOLDING

18 May 2021

 

Tesco PLC (the "Company")

 

Grant of Awards under the Tesco PLC Deferred Bonus Plan 2019 (DBP)

 

On 17 May 2021, the members of the Company's Executive Committee listed below were granted awards over Ordinary Shares of 6 1/3 pence each in the Company under the DBP, the number of shares being calculated using a market price of 227.88 pence per share.

 

Name of PDMR

No. of shares subject to award

Natasha Adams

105,318

Alessandra Bellini

122,871

Guus Dekkers

103,124

Christine Heffernan

66,921

Tony Hoggett

143,715

Adrian Morris

109,706

Ashwin Prasad

74,544

Matt Simister

112,998

Jason Tarry

149,201

Andrew Yaxley

116,669

 

The above awards have been made in the form of conditional shares which will vest and be released on 17 May 2024. 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 awards have been granted in respect of deferred bonus for the 2020/21 Financial Year. 

 

The shares awarded contribute towards the shareholding guidelines for Executive Committee members which are set out in the Directors' Remuneration Report of the Tesco PLC Annual Report and Financial Statements 2021. 

The Notification of Dealing Forms for each PDMR can be found below.  This announcement is made in accordance with the UK Market Abuse Regulation (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

Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus Plan 2019

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.2788

Volume(s)

105,318

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

105,318

£2.2788

£239,998.66

f)

Date of the transaction

2021-05-17

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

Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus Plan 2019

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.2788

Volume(s)

122,871

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

122,871

£2.2788

£279,998.43

f)

Date of the transaction

2021-05-17

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

Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus Plan 2019

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.2788

Volume(s)

103,124

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

103,124

£2.2788

£234,998.97

f)

Date of the transaction

2021-05-17

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

Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus Plan 2019

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.2788

Volume(s)

66,921

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

66,921

£2.2788

£152,499.57

f)

Date of the transaction

2021-05-17

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

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 1/3 pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus Plan 2019

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.2788

Volume(s)

143,715

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

143,715

£2.2788

£327,497.74

f)

Date of the transaction

2021-05-17

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 Deferred Bonus Plan 2019

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.2788

Volume(s)

109,706

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

109,706

£2.2788

£249,998.03

f)

Date of the transaction

2021-05-17

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 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus Plan 2019

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.2788

Volume(s)

74,544

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

74,544

£2.2788

£169,870.87

f)

Date of the transaction

2021-05-17

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 Deferred Bonus Plan 2019

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.2788

Volume(s)

112,998

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

112,998

£2.2788

£257,499.84

f)

Date of the transaction

2021-05-17

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 Deferred Bonus Plan 2019

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.2788

Volume(s)

149,201

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

149,201

£2.2788

£339,999.24

f)

Date of the transaction

2021-05-17

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 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus Plan 2019

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.2788

Volume(s)

116,669

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

116,669

£2.2788

£265,865.32

f)

Date of the transaction

2021-05-17

g)

Place of the transaction

Outside a trading venue

 

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