Director/PDMR Shareholding

RNS Number : 4382V
Tesco PLC
23 July 2018
 

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)

 


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