Director/PDMR Shareholding
27 November 2017
Tesco PLC (the "Company") announces that it has been notified of the following transactions in the Company's Ordinary shares of 5 pence each undertaken by Directors / Persons Discharging Managerial Responsibility ("PDMR").
1. Dividend Reinvestment Plan ("DRIP")
On 24 November 2017, the following PDMRs acquired a further interest in the Company's shares as a result of their participation in the Company's Dividend Reinvestment Plan ("DRIP") directly or through a nominee service.
Name of PDMR |
Number of shares |
Price per share |
Date acquired |
Mikael Olsson |
101 |
£1.9428 |
24 November 2017 |
Dave Lewis |
509 |
£1.9428 |
24 November 2017 |
Bernard Higgins |
117 |
£1.9428 |
24 November 2017 |
Adrian Morris |
223 |
£1.9428 |
24 November 2017 |
Matthew Simister |
293 |
£1.9428 |
24 November 2017 |
Jason Tarry |
236 |
£1.9428 |
24 November 2017 |
2. Tesco PLC Share Incentive Plan (the "Plan")
On 24 November 2017, the Trustees of the Plan purchased Ordinary shares of 5 pence each in the Company under the Plan's Dividend Re-Investment scheme on behalf of the PDMRs as set out below:
Name of PDMR |
Number of shares |
Price per share |
Date acquired |
Dave Lewis |
13 |
£1.9428 |
24 November 2017 |
Alan Stewart |
12 |
£1.9428 |
24 November 2017 |
Bernard Higgins |
30 |
£1.9428 |
24 November 2017 |
Antony Hoggett |
74 |
£1.9428 |
24 November 2017 |
Alison Horner |
37 |
£1.9428 |
24 November 2017 |
Adrian Morris |
26 |
£1.9428 |
24 November 2017 |
Matthew Simister |
36 |
£1.9428 |
24 November 2017 |
Jason Tarry |
116 |
£1.9428 |
24 November 2017 |
The Notification of Dealing Form for each PDMR 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: 07793 222569
LEI Number: 2138002P5RNKC5W2JZ46
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
a) |
Name |
Mikael Olsson |
|
2 |
Reason for the notification |
||
a) |
Position/status |
Director (Non-executive 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 5 pence each
GB0008847096 |
|
b) |
Nature of the transaction |
Acquisition of shares through the Company's Dividend Reinvestment Plan. |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£1.9428 |
101 |
||
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
101 £1.9428 £196.22 |
|
f) |
Date of the transaction |
2017-11-24 |
|
g) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
a) |
Name |
Dave Lewis |
|
2 |
Reason for the notification |
||
a) |
Position/status |
Group Chief Executive |
|
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 |
Acquisition of shares through the Company's Dividend Reinvestment Plan and the dividend re-investment element of the Tesco PLC Share Incentive Plan. |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£1.9428 |
509 (Dividend Reinvestment Plan) |
||
£1.9428 |
13 (Share Incentive Plan) |
||
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
Dividend Reinvestment Plan 509 £1.9428 £988.89
|
Share Incentive Plan 13 £1.9428 £25.26 |
f) |
Date of the transaction |
2017-11-24 |
|
g) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
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 5 pence each
GB0008847096 |
|
b) |
Nature of the transaction |
Acquisition of shares through the dividend re-investment scheme of the Tesco PLC Share Incentive Plan. |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£1.9428 |
12 (Share Incentive Plan) |
||
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
Share Incentive Plan 12 £1.9428 £23.31 |
|
f) |
Date of the transaction |
2017-11-24 |
|
g) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
a) |
Name |
Bernard Higgins |
|
2 |
Reason for the notification |
||
a) |
Position/status |
CEO, Tesco Bank and Group Strategy 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 5 pence each
GB0008847096 |
|
b) |
Nature of the transaction |
Acquisition of shares through the Company's Dividend Reinvestment Plan and the dividend re-investment element of the Tesco PLC Share Incentive Plan. |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£1.9428 |
117 (Dividend Reinvestment Plan) |
||
£1.9428 |
30 (Share Incentive Plan) |
||
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
Dividend Reinvestment Plan 117 £1.9428 £227.31
|
Share Incentive Plan 30 £1.9428 £58.28 |
f) |
Date of the transaction |
2017-11-24 |
|
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 5 pence each
GB0008847096 |
|
b) |
Nature of the transaction |
Acquisition of shares through the Company's Dividend Reinvestment Plan and the dividend re-investment element of the Tesco PLC Share Incentive Plan. |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£1.9428 |
223 (Dividend Reinvestment Plan) |
||
£1.9428 |
26 (Share Incentive Plan) |
||
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
Dividend Reinvestment Plan 223 £1.9428 £433.24
|
Share Incentive Plan 26 £1.9428 £50.51 |
f) |
Date of the transaction |
2017-11-24 |
|
g) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
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 |
Acquisition of shares through the Company's Dividend Reinvestment Plan and the dividend re-investment element of the Tesco PLC Share Incentive Plan. |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£1.9428 |
293 (Dividend Reinvestment Plan) |
||
£1.9428 |
36 (Share Incentive Plan) |
||
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
Dividend Reinvestment Plan 293 £1.9428 £569.24
|
Share Incentive Plan 36 £1.9428 £69.94 |
f) |
Date of the transaction |
2017-11-24 |
|
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 |
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 |
Acquisition of shares through the Company's Dividend Reinvestment Plan and the dividend re-investment element of the Tesco PLC Share Incentive Plan. |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£1.9428 |
236 (Dividend Reinvestment Plan) |
||
£1.9428 |
116 (Share Incentive Plan) |
||
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
Dividend Reinvestment Plan 236 £1.9428 £458.50
|
Share Incentive Plan 116 £1.9428 £225.36 |
f) |
Date of the transaction |
2017-11-24 |
|
g) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
a) |
Name |
Antony Hoggett |
|
2 |
Reason for the notification |
||
a) |
Position/status |
CEO Asia |
|
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 |
Acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan. |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£1.9428 |
74 (Share Incentive Plan) |
||
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
Share Incentive Plan 74 £1.9428 £143.77 |
|
f) |
Date of the transaction |
2017-11-24 |
|
g) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
a) |
Name |
Alison Horner |
|
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 5 pence each
GB0008847096 |
|
b) |
Nature of the transaction |
Acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan. |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£1.9428 |
37 (Share Incentive Plan) |
||
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
Share Incentive Plan 37 £1.9428 £71.88 |
|
f) |
Date of the transaction |
2017-11-24 |
|
g) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |