Director/PDMR Shareholding
PDMR SHAREHOLDING
19 April 2021
Tesco PLC (the "Company")
Release of shares under the Tesco PLC Performance Share Plan 2011
On 15 April 2021, Gerry Mallon, a member of the Company's Executive Committee, received 46,815 Ordinary shares of 6 1/3 pence each in the Company upon their release from share awards granted under the rules of the Tesco PLC Performance Share Plan 2011 on 13 August 2018.
This represents the gross number of shares released including dividend equivalent shares which have accrued between grant and vesting. Of those shares released, 22,472 shares have been withheld to cover Income Tax and National Insurance Contributions due on release. T he net shares have been transferred to Gerry and are subject to post-vesting holding period of six months.
The share price on release was £2.2445 per share.
Purchase of shares under the Tesco PLC Share Incentive Plan (the "SIP")
The Company has been notified that on 16 April 2021, the Trustees of the SIP purchased Ordinary Shares of 6 1/3 pence each in the Company under the SIP's Partnership Share Scheme on behalf of the following Persons Discharging Managerial Responsibilities ("PDMRs") as set out below:
|
Name of PDMR |
Number of shares acquired |
Purchase price per share |
Date acquired |
|
Alan Stewart |
60 |
£2.2756 |
16 April 2021 |
|
Natasha Adams |
9 |
£2.2756 |
16 April 2021 |
|
Tony Hoggett |
22 |
£2.2756 |
16 April 2021 |
|
Adrian Morris |
61 |
£2.2756 |
16 April 2021 |
|
Ashwin Prasad |
61 |
£2.2756 |
16 April 2021 |
|
Jason Tarry |
60 |
£2.2756 |
16 April 2021 |
|
Andrew Yaxley |
61 |
£2.2756 |
16 April 2021 |
The Notification of Dealing Form for each PDMR can be found below. This announcement is made in accordance with Article 19 of the 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 | Gerry Mallon | |
2 | Reason for the notification | ||
a) | Position/status | Chief Executive, Tesco Bank | |
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 1/3pence each
GB00BLGZ9862 | |
b) | Nature of the transaction | Release of shares awarded under the rules of the Tesco PLC Performance Share Plan 2011 | |
c) | Currency | GBP |
|
d) | Price(s) and volume(s) | Price(s) £2.2445 | Volume(s) 46,815 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
46,815
£2.2445
£105,076.27 | |
f) | Date of the transaction | 2021-04-15 | |
g) | Place of the transaction | Outside a trading venue | |
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 6 1/3pence each
GB00BLGZ9862 | |
b) | Nature of the transaction | Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan | |
c) | Currency | GBP |
|
d) | Price(s) and volume(s) | Price(s) £2.2756 | Volume(s) 60 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
60
£2.2756
£136.54 | |
f) | Date of the transaction | 2021-04-16 | |
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 6 1/3pence each
GB00BLGZ9862 | |
b) | Nature of the transaction | Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan | |
c) | Currency | GBP |
|
d) | Price(s) and volume(s) | Price(s) £2.2756 | Volume(s) 9 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
9
£2.2756
£20.48 | |
f) | Date of the transaction | 2021-04-16 | |
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 1/3pence each
GB00BLGZ9862 | |
b) | Nature of the transaction | Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan | |
c) | Currency | GBP |
|
d) | Price(s) and volume(s) | Price(s) £2.2756 | Volume(s) 22 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
22
£2.2756
£50.06 | |
f) | Date of the transaction | 2021-04-16 | |
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 6 1/3pence each
GB00BLGZ9862 | |
b) | Nature of the transaction | Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan | |
c) | Currency | GBP |
|
d) | Price(s) and volume(s) | Price(s) £2.2756 | Volume(s) 61 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
61
£2.2756
£138.81 | |
f) | Date of the transaction | 2021-04-16 | |
g) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |
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 1/3pence each
GB00BLGZ9862 | |
b) | Nature of the transaction | Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan | |
c) | Currency | GBP |
|
d) | Price(s) and volume(s) | Price(s) £2.2756 | Volume(s) 61 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
61
£2.2756
£138.81 | |
f) | Date of the transaction | 2021-04-16 | |
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 | 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 1/3pence each
GB00BLGZ9862 | |
b) | Nature of the transaction | Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan | |
c) | Currency | GBP |
|
d) | Price(s) and volume(s) | Price(s) £2.2756 | Volume(s) 60 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
60
£2.2756
£136.54 | |
f) | Date of the transaction | 2021-04-16 | |
g) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |
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 1/3pence each
GB00BLGZ9862 | |
b) | Nature of the transaction | Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan | |
c) | Currency | GBP |
|
d) | Price(s) and volume(s) | Price(s) £2.2756 | Volume(s) 61 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
61
£2.2756
£138.81 | |
f) | Date of the transaction | 2021-04-16 | |
g) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |
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