Director/PDMR Shareholding

RNS Number : 6049I

Tesco PLC

20 June 2017

 

TESCO PLC PERFORMANCE SHARE PLAN 2011

PDMR SHAREHOLDING

20 June 2017

Tesco PLC (the "Company")

On 19 June 2017, Matthew Simister and Jason Tarry, members of the Company's Executive Committee, received the following Ordinary shares of 5 pence each in Tesco PLC upon their release from awards granted under the rules of the Tesco PLC Performance Share Plan 2011 on 6 May 2014:

Name of PDMR	Number of shares
Matthew Simister	16,167
Jason Tarry	43,881

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 171.05 pence per share.

The Notification of Dealing Form 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: [phone]

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Matthew Simister
2	Reason for the notification
a)	Position/status	Central Europe CEO
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	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) £1.7105	Volume(s) 16,167
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	16,167 £1.7105 £27,653.65
f)	Date of the transaction	2017-06-19
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	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	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) £1.7105	Volume(s) 43,881
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	43,881 £1.7105 £75,058.45
f)	Date of the transaction	2017-06-19
g)	Place of the transaction	Outside a trading venue

 

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