Director/PDMR Shareholding

RNS Number : 8604R

Tesco PLC

19 June 2018

 

TESCO PLC GROUP BONUS PLAN

PDMR SHAREHOLDING

19 June 2018

Tesco PLC (the "Company")

Release of deferred share awards

On 18 June 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 Group Bonus Plan on 27 May 2015:

Name of PDMR	Number of shares
Natasha Adams	12,217
Tony Hoggett	41,121
Matt Simister	17,623

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 256.3 pence per share.

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:

Robert Welch, Company Secretary

Tesco PLC

Tesco House

Shire Park

Kestrel Way

Welwyn Garden City

Hertfordshire

AL7 1GA

Tel: [phone]

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 an award granted under the rules of the Tesco PLC Group Bonus Plan on 27 May 2015.
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.563	Volume(s) 12,217
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	12,217 £2.563 £31,312.17
f)	Date of the transaction	2018-06-18
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 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 an award granted under the rules of the Tesco PLC Group Bonus Plan on 27 May 2015.
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.563	Volume(s) 41,121
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	41,121 £2.563 £105,393.10
f)	Date of the transaction	2018-06-18
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	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	Release of shares from an award granted under the rules of the Tesco PLC Group Bonus Plan on 27 May 2015.
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.563	Volume(s) 17,623
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	17,623 £2.563 £45,167.75
f)	Date of the transaction	2018-06-18
g)	Place of the transaction	Outside a trading venue

 

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