PDMR SHAREHOLDING
23 July 2018
Tesco PLC (the "Company")
Release of shares from the Tesco PLC Performance Share Plan 2011
On 20 July 2018, the members of the Company's Executive Committee listed below received the following Ordinary shares of 5 pence each in the Company upon their release from awards granted under the rules of the Tesco PLC Performance Share Plan 2011 on 20 July 2015:
Name of PDMR |
Number of shares released |
Natasha Adams |
190,188 |
Tony Hoggett |
339,625 |
Matt Simister |
254,717 |
Andrew Yaxley |
293,011 |
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 258.80 pence per share.
Sale of Ordinary shares
The Company has been notified that the members of the Company's Executive Committee listed below sold Ordinary shares of 5 pence each in the Company as set out below:
Name of PDMR |
Number of shares sold |
Sale price (pence per share) |
Date of sale |
Natasha Adams |
31,282 |
258.4674 |
20 July 2018 |
Andrew Yaxley |
155,295 |
258.4674 |
20 July 2018 |
The Notification of Dealing Forms 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:
Sara Thomson, Deputy Company Secretary
Tesco PLC
Tesco House
Shire Park
Kestrel Way
Welwyn Garden City
Hertfordshire
AL7 1GA
Tel: 07928 427 323
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 5 pence each
GB0008847096 |
|
b) |
Nature of the transaction |
Release of shares from awards granted under the rules of the Tesco PLC Performance Share Plan 2011 on 20 July 2015 |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) £2.588 |
Volume(s) 190,188 |
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
190,188
£2.588
£492,206.54
|
|
f) |
Date of the transaction |
2018-07-20 |
|
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 5 pence each
GB0008847096 |
|
b) |
Nature of the transaction |
Sale of Ordinary shares |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) £2.584674 |
Volume(s) 31,282 |
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
31,282
£2.584674
£80,853.77
|
|
f) |
Date of the transaction |
2018-07-20 |
|
g) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
a) |
Name |
Tony Hoggett |
|
2 |
Reason for the notification |
||
a) |
Position/status |
Group Chief Operations 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 |
Release of shares from awards granted under the rules of the Tesco PLC Performance Share Plan 2011 on 20 July 2015 |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) £2.588 |
Volume(s) 339,625 |
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
339,625
£2.588
£878,949.50
|
|
f) |
Date of the transaction |
2018-07-20 |
|
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 |
Release of shares from awards granted under the rules of the Tesco PLC Performance Share Plan 2011 on 20 July 2015 |
||
c) |
Currency |
GBP |
|
|
d) |
Price(s) and volume(s) |
Price(s) £2.588 |
Volume(s) 254,717 |
|
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
254,717
£2.588
£659,207.60
|
||
f) |
Date of the transaction |
2018-07-20 |
||
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 |
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 |
Release of shares from awards granted under the rules of the Tesco PLC Performance Share Plan 2011 on 20 July 2015 |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) £2.588 |
Volume(s) 293,011 |
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
293,011
£2.588
£758,312.47
|
|
f) |
Date of the transaction |
2018-07-20 |
|
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 |
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 |
Sale of Ordinary shares |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) £2.584674 |
Volume(s) 155,295 |
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
155,295
£2.584674
£401,386.95
|
|
f) |
Date of the transaction |
2018-07-20 |
|
g) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |