Director/PDMR Shareholding

RNS Number : 2132Y
Tesco PLC
11 May 2021
 

PDMR SHAREHOLDING

11 May 2021

 

Tesco PLC (the "Company")

 

Release of shares from the Tesco PLC Group Bonus Plan (GBP)

 

On 10 May 2021, the members of the Company's Executive Committee listed below received the following Ordinary shares of 6 1/3 pence each in the Company upon their release from share awards granted on 9 May 2018 under the rules of the GBP:

 

Name of PDMR

No. of shares released

No. of shares withheld

No. of net shares

Natasha Adams

69,188

32,519

36,669

Alessandra Bellini

74,557

35,042

39,515

Tony Hoggett

169,460

79,647

89,813

Adrian Morris

162,654

76,448

86,206

Ashwin Prasad

66,778

31,386

35,392

Matt Simister

147,966

69,545

78,421

Jason Tarry

184,097

86,526

97,571

Andrew Yaxley

121,532

57,121

64,411

 

The numbers of shares released represent the gross number of shares including dividend equivalent shares which have accrued between grant and release .  As shown above, shares 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 230.00 pence per share.

 



 

Sale of Ordinary shares

 

The Company has been notified that on 10 May 2021, the following members of the Company's Executive Committee sold Ordinary shares of 6 1/3 pence each in the Company as set out below:

 

Name

No. of shares sold

Sale price

per share

Date of sale

Natasha Adams

36,669

227.8 pence

10 May 2021

Tony Hoggett

89,813

227.8 pence

10 May 2021

Matt Simister

78,421

227.8 pence

10 May 2021

 

The Notification of Dealing Forms for each PDMR can be found below.  This announcement is made in accordance with Article 19 of the Market Abuse Regulation (EU) 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018. 

 

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

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 6 1/3 pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Release of shares from awards granted under the rules of the Tesco PLC Group Bonus Plan on 9 May 2018

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.30

Volume(s)

69,188

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

69,188

£2.30

£159,132.40

f)

Date of the transaction

2021-05-10

g)

Place of the transaction

Outside a trading venue



 

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 6 1/3 pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Release of shares from awards granted under the rules of the Tesco PLC Group Bonus Plan on 9 May 2018

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.30

Volume(s)

74,557

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

74,557

£2.30

£171,481.10

f)

Date of the transaction

2021-05-10

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 Strategy and Innovation 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 6 1/3 pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Release of shares from awards granted under the rules of the Tesco PLC Group Bonus Plan on 9 May 2018

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.30

Volume(s)

169,460

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

169,460

£2.30

£389,758.00

f)

Date of the transaction

2021-05-10

g)

Place of the transaction

Outside a trading venue



 

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 6 1/3 pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Release of shares from awards granted under the rules of the Tesco PLC Group Bonus Plan on 9 May 2018

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.30

Volume(s)

162,654

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

162,654

£2.30

£374,104.20

f)

Date of the transaction

2021-05-10

g)

Place of the transaction

Outside a trading venue



 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Ashwin Prasad

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 6 1/3 pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Release of shares from awards granted under the rules of the Tesco PLC Group Bonus Plan on 9 May 2018

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.30

Volume(s)

66,778

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

66,778

£2.30

£153,589.40

f)

Date of the transaction

2021-05-10

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 6 1/3 pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Release of shares from awards granted under the rules of the Tesco PLC Group Bonus Plan on 9 May 2018

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.30

Volume(s)

147,966

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

147,966

£2.30

£340,321.80

f)

Date of the transaction

2021-05-10

g)

Place of the transaction

Outside a trading venue



 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Jason Tarry

2

Reason for the notification

a)

Position/status

CEO UK and ROI

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 6 1/3 pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Release of shares from awards granted under the rules of the Tesco PLC Group Bonus Plan on 9 May 2018

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.30

Volume(s)

184,097

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

184,097

£2.30

£423,423.10

f)

Date of the transaction

2021-05-10

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

CEO Booker

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 6 1/3 pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Release of shares from awards granted under the rules of the Tesco PLC Group Bonus Plan on 9 May 2018

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.30

Volume(s)

121,532

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

121,532

£2.30

£279,523.60

f)

Date of the transaction

2021-05-10

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 6 1/3 pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Sale of Ordinary shares

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.278

Volume(s)

36,669

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

36,669

£2.278

£83,531.98

f)

Date of the transaction

2021-05-10

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

Chief Strategy and Innovation 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 6 1/3 pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Sale of Ordinary shares

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.278

Volume(s)

89,813

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

89,813

£2.278

£204,594.01

f)

Date of the transaction

2021-05-10

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)



 

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 6 1/3 pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Sale of Ordinary shares

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.278

Volume(s)

78,421

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

78,421

£2.278

£178,643.04

f)

Date of the transaction

2021-05-10

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

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