Director/PDMR Shareholding
26 June 2018
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 22 June 2018, 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 |
Dave Lewis |
763 |
£2.6077 |
22 June 2018 |
Mikael Olsson |
153 |
£2.6077 |
22 June 2018 |
Adrian Morris |
334 |
£2.6077 |
22 June 2018 |
Matthew Simister |
440 |
£2.6077 |
22 June 2018 |
Jason Tarry |
958 |
£2.582 |
25 June 2018 |
Natasha Adams |
403 |
£2.6077 |
22 June 2018 |
Alison Platt |
134 |
£2.582 |
25 June 2018 |
2. Tesco PLC Share Incentive Plan (the "Plan")
On 22 June 2018, 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 |
23 |
£2.6098 |
22 June 2018 |
Alan Stewart |
22 |
£2.6098 |
22 June 2018 |
Adrian Morris |
41 |
£2.6098 |
22 June 2018 |
Antony Hoggett |
112 |
£2.6098 |
22 June 2018 |
Alison Horner |
56 |
£2.6098 |
22 June 2018 |
Matthew Simister |
54 |
£2.6098 |
22 June 2018 |
Jason Tarry |
177 |
£2.6098 |
22 June 2018 |
Natasha Adams |
39 |
£2.6098 |
22 June 2018 |
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 |
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) |
£2.6077 |
763 (Dividend Reinvestment Plan) |
||
£2.6098 |
23 (Share Incentive Plan) |
||
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
Dividend Reinvestment Plan 763 £2.6077 £1989.6751
|
Share Incentive Plan
23 £2.6098 £60.0254 |
f) |
Date of the transaction |
2018-06-22 |
|
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) |
£2.6098 |
22 |
||
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
22 £2.6098 £57.4156 |
|
f) |
Date of the transaction |
2018-06-22 |
|
g) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
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) |
£2.6077 |
153 |
||
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
153 £2.6077 £398.9781 |
|
f) |
Date of the transaction |
2018-06-22 |
|
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) |
£2.6077 |
334 (Dividend Reinvestment Plan) |
||
£2.6098 |
41 (Share Incentive Plan) |
||
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
Dividend Reinvestment Plan 334 £2.6077 £870.9718
|
Share Incentive Plan 41 £2.6098 £107.0018 |
f) |
Date of the transaction |
2018-06-22 |
|
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) |
£2.6077 |
440 (Dividend Reinvestment Plan) |
||
£2.6098 |
54 (Share Incentive Plan) |
||
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
Dividend Reinvestment Plan 440 £2.6077 £1147.388
|
Share Incentive Plan 54 £2.6098 £140.9292 |
f) |
Date of the transaction |
2018-06-22 |
|
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) |
£2.582 |
958 (Dividend Reinvestment Plan) |
||
£2.6098 |
177 (Share Incentive Plan) |
||
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
Dividend Reinvestment Plan 958 £2.582 £2473.556 |
Share Incentive Plan 177 £2.6098 £461.9346 |
f) |
Date of the transaction |
2018-06-22 (Share Incentive Plan) 2018-06-25 (Dividend Reinvestment Plan) |
|
g) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
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 |
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) |
£2.6077 |
403 (Dividend Reinvestment Plan) |
||
£2.6098 |
39 (Share Incentive Plan) |
||
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
Dividend Reinvestment Plan 403 £2.6077 £1050.9031
|
Share Incentive Plan 39 £2.6098 £101.7822 |
f) |
Date of the transaction |
2018-06-22 |
|
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 Platt |
|
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) |
£2.6077 |
134 |
||
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
134 £2.6077 £349.4318 |
|
f) |
Date of the transaction |
2018-06-25 |
|
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 |
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 |
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) |
£2.6098 |
112 (Share Incentive Plan) |
||
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
Share Incentive Plan 112 £2.6098 £292.2976 |
|
f) |
Date of the transaction |
2018-06-22 |
|
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 |
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) |
£2.6098 |
56 (Share Incentive Plan) |
||
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
Share Incentive Plan 56 £2.6098 £146.1488 |
|
f) |
Date of the transaction |
2018-06-22 |
|
g) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |