Director/PDMR Shareholding

RNS Number : 3964D

Tesco PLC

25 June 2019

 

Tesco PLC

Director/PDMR Shareholding

25 June 2019

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")

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 as set out below:

Name of PDMR	Number of shares	Price per share	Date acquired
Dave Lewis	2,787	£2.376	21 June 2019
Mikael Olsson	347	£2.376	21 June 2019
Alison Platt	600	£2.325	24 June 2019
Natasha Adams	4,038	£2.376	21 June 2019
Adrian Morris	759	£2.376	21 June 2019
Matthew Simister	5,808	£2.376	21 June 2019
Jason Tarry	205	£2.376	21 June 2019

2.   Tesco PLC Share Incentive Plan (the "Plan")

On 21 June 2019, 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	66	£2.377	21 June 2019
Alan Stewart	64	£2.377	21 June 2019
Natasha Adams	90	£2.377	21 June 2019
Antony Hoggett	262	£2.377	21 June 2019
Alison Horner	130	£2.377	21 June 2019
Adrian Morris	107	£2.377	21 June 2019
Matthew Simister	124	£2.377	21 June 2019
Jason Tarry	417	£2.377	21 June 2019

3.   Director Shareholding

The following Directors acquired a further interest in the Company's shares as a result of their participation in a third party Dividend Reinvestment Plan ("DRIP") as set out below:

Name of PDMR	Number of shares	Price per share	Date acquired
Alan Stewart	1,695	£2.39	21 June 2019
Stewart Gilliland	443	£2.376	21 June 2019
	295*	£2.376	21 June 2019

 * Shares held in the joint names of Stewart Gilliland and his wife, Michelle Gilliland.

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: [phone]

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)
		£2.376	2,787 (Dividend Reinvestment Plan)
		£2.377	66 (Share Incentive Plan)
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	Dividend Reinvestment Plan 2,787 £2.376 £6,621.91	Share Incentive Plan 66 £2.377 £156.88
f)	Date of the transaction	2019-06-21
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)
		£2.376	347
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	347 £2.376 £824.47
f)	Date of the transaction	2019-06-21
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)
		£2.325	600
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	600 £2.325 £1,395.00
f)	Date of the transaction	2019-06-24
g)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	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)
		£2.376	4,038 (Dividend Reinvestment Plan)
		£2.377	90 (Share Incentive Plan)
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	Dividend Reinvestment Plan 4,038 £2.376 £9,594.29	Share Incentive Plan 90 £2.377 £213.93
f)	Date of the transaction	2019-06-21
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)
		£2.376	759 (Dividend Reinvestment Plan)
		£2.377	107 (Share Incentive Plan)
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	Dividend Reinvestment Plan 759 £2.376 £1,803.38	Share Incentive Plan 107 £2.377 £254.34
f)	Date of the transaction	2019-06-21
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)
		£2.376		5,808 (Dividend Reinvestment Plan)
		£2.377		124 (Share Incentive Plan)
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	Dividend Reinvestment Plan 5,808 £2.376 £13,799.81		Share Incentive Plan 124 £2.377 £294.75
f)	Date of the transaction	2019-06-21
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	UK & ROI 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, the dividend re-investment element of the Tesco PLC Share Incentive Plan and a third party Dividend Reinvestment Plan.
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s)		Volume(s)
		£2.376		205 (Company DRIP)
		£2.377		417 (Share Incentive Plan)
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	Company DRIP	Share Incentive Plan
		205 £2.376 £487.08	417 £2.377 £991.21
f)	Date of the transaction	2019-06-21	2019-06-21
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 element of the Tesco PLC Share Incentive Plan and a third party Dividend Reinvestment Plan.
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		£2.377	64 (Share Incentive Plan)
		£2.39	1,695 (Third party Dividend Reinvestment Plan)
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	Share Incentive Plan 64 £2.377 £152.13	Third party Dividend Reinvestment Plan 1,695 £2.39 £4,051.05
f)	Date of the transaction	2019-06-21
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)
		£2.377	262 (Share Incentive Plan)
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	Share Incentive Plan 262 £2.377 £622.77
f)	Date of the transaction	2019-06-21
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)
		£2.377	130 (Share Incentive Plan)
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	Share Incentive Plan 130 £2.377 £309.01
f)	Date of the transaction	2019-06-21
g)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name		Stewart Gilliland Michelle Gilliland (person closely associated with Stewart Gilliland)
2	Reason for the notification
a)	Position/status		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 a third party Dividend Reinvestment Plan.
c)	Currency		GBP
d)	Price(s) and volume(s)		Price(s)	Volume(s)
		Stewart Gilliland	£2.376	443
		Stewart and Michelle Gilliland	£2.376	295
e)	Aggregated information - Aggregated Volume - Aggregated Price - Aggregated Total		Stewart Gilliland 443 £2.376 £1,052.57	Stewart and Michelle Gilliland 295 £2.376 £700.92
f)	Date of the transaction		2019-06-21
g)	Place of the transaction		London Stock Exchange, Main Market (XLON)

 

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