Tesco PLC
Director/PDMR Shareholding
27 November 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. Tesco PLC Share Incentive Plan (the "Plan")
On 22 November 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 |
48 |
£2.326 |
22 November 2019 |
Alan Stewart |
46 |
£2.326 |
22 November 2019 |
Natasha Adams |
62 |
£2.326 |
22 November 2019 |
Antony Hoggett |
177 |
£2.326 |
22 November 2019 |
Alison Horner |
88 |
£2.326 |
22 November 2019 |
Adrian Morris |
75 |
£2.326 |
22 November 2019 |
Matthew Simister |
84 |
£2.326 |
22 November 2019 |
Jason Tarry |
284 |
£2.326 |
22 November 2019 |
2. 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 |
1,869 |
£2.330 |
22 November 2019 |
Alan Stewart |
202 |
£2.376 |
21 June 2019 |
136 |
£2.330 |
22 November 2019 |
|
Mikael Olsson |
513 |
£2.330 |
22 November 2019 |
Alison Platt |
391 |
£2.343 |
25 November 2019 |
Natasha Adams |
2,707 |
£2.330 |
22 November 2019 |
Alessandra Bellini |
1,366 |
£2.376 |
21 June 2019 |
917 |
£2.330 |
22 November 2019 |
|
Matthew Simister |
1,623 |
£2.330 |
22 November 2019 |
Jason Tarry |
217 |
£2.330 |
22 November 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 |
Stewart Gilliland |
296 |
£2.323 |
22 November 2019 |
198* |
£2.323 |
22 November 2019 |
|
Jason Tarry |
541 |
£2.342 |
25 November 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: 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) |
£2.330 |
1,869 (Dividend Reinvestment Plan) |
||
£2.326 |
48 (Share Incentive Plan) |
||
e) |
Aggregated information
- Aggregated volume - Aggregated Price - Aggregated Total |
Dividend Reinvestment Plan 1,869 £2.330 £4,354.77 |
Share Incentive Plan
48 £2.326 £111.65 |
f) |
Date of the transaction |
2019-11-22 |
|
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 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 |
202 (Dividend Reinvestment Plan) |
|||
£2.330 |
136 (Dividend Reinvestment Plan) |
|||
£2.326 |
46 (Share Incentive Plan) |
|||
e) |
Aggregated information
- Aggregated volume - Aggregated Price - Aggregated Total |
Dividend Reinvestment Plan
202 £2.376 £479.95 |
Dividend Reinvestment Plan
136 £2.330 £316.88 |
Share Incentive Plan
46 £2.326 £106.99 |
f) |
Date of the transaction |
2019-06-21 |
2019-11-22 |
2019-11-22 |
g) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
a) |
Name |
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) |
£2.330 |
2,707 (Dividend Reinvestment Plan) |
||
£2.326 |
62 (Share Incentive Plan) |
||
e) |
Aggregated information
- Aggregated volume - Aggregated Price - Aggregated Total |
Dividend Reinvestment Plan 2,707 £2.330 £6,307.31 |
Share Incentive Plan
62 £2.326 £144.21 |
f) |
Date of the transaction |
2019-11-22 |
|
g) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
a) |
Name |
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 Company's Dividend Reinvestment element of the Tesco PLC Share Incentive Plan. |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£2.326 |
177 (Share Incentive Plan) |
||
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
177 £2.326 £411.70
|
|
f) |
Date of the transaction |
2019-11-22 |
|
g) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
|
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 Company's Dividend Reinvestment element of the Tesco PLC Share Incentive Plan. |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£2.326 |
88 (Share Incentive Plan) |
||
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
88 £2.326 £204.68
|
|
f) |
Date of the transaction |
2019-11-22 |
|
g) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
|
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 element of the Tesco PLC Share Incentive Plan. |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£2.326 |
75 (Share Incentive Plan) |
||
e) |
Aggregated information
- Aggregated volume - Aggregated Price - Aggregated Total |
75 £2.326 £174.45 |
|
f) |
Date of the transaction |
2019-11-22 |
|
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) |
£2.330 |
1,623 (Dividend Reinvestment Plan) |
||
£2.326 |
84 (Share Incentive Plan) |
||
e) |
Aggregated information
- Aggregated volume - Aggregated Price - Aggregated Total |
Dividend Reinvestment Plan 1,623 £2.330 £3,781.59 |
Share Incentive Plan
84 £2.326 £195.38 |
f) |
Date of the transaction |
2019-11-22 |
|
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 |
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) |
||
£2.330 |
217 (Dividend Reinvestment Plan) |
||||
£2.326 |
284 (Share Incentive Plan) |
||||
£2.342 |
541 (Third party DRIP) |
||||
e) |
Aggregated information
- Aggregated volume - Aggregated Price - Aggregated Total |
Dividend Reinvestment Plan |
Share Incentive Plan |
Third party DRIP |
|
217 £2.330 £505.61 |
284 £2.326 £660.58 |
541 £2.342 £1,267.02 |
|||
f) |
Date of the transaction |
2019-11-22 |
2019-11-22 |
2019-11-25 |
|
g) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
|||
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
a) |
Name |
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) |
£2.330 |
513 (Dividend Reinvestment Plan) |
||
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
Dividend Reinvestment Plan 513 £2.330 £1,195.29 |
|
f) |
Date of the transaction |
2019-11-22 |
|
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) |
£2.343 |
391 |
||
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
391 £2.343 £916.11
|
|
f) |
Date of the transaction |
2019-11-25 |
|
g) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
a) |
Name |
Alessandra Bellini |
|
2 |
Reason for the notification |
||
a) |
Position/status |
Chief Customer 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 |
1,366 (Dividend Reinvestment Plan) |
|
|
£2.330 |
917 (Dividend Reinvestment Plan) |
e) |
Aggregated information
- Aggregated volume - Aggregated Price - Aggregated Total |
1,366 £2.376 £3,245.62 |
917 £2.330 £2,136.61 |
f) |
Date of the transaction |
2019-06-21 |
2019-11-22 |
g) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||
a) |
Name |
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 |
£2.323 |
296 |
||
Stewart and Michelle Gilliland |
£2.323 |
198 |
||
e) |
Aggregated information
- Aggregated Volume - Aggregated Price - Aggregated Total |
Stewart Gilliland
296 £2.323 £687.61 |
Stewart and Michelle Gilliland 198 £2.323 £459.95 |
|
f) |
Date of the transaction |
2019-11-22 |
||
g) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |