Director/PDMR Shareholding

RNS Number : 6773F

Tesco PLC

19 July 2021

 

PDMR SHAREHOLDING

19 July 2021

Tesco PLC (the "Company")

Release of shares from the Tesco PLC Performance Share Plan 2011 (PSP)

On 16 July 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 16 July 2018 under the rules of the PSP:

Name of PDMR	No. of shares released	No. of shares withheld	No. of net shares
Natasha Adams	87,051	40,914	46,137
Alessandra Bellini	90,443	42,509	47,934
Guus Dekkers	64,063	30,110	33,953
Christine Heffernan	5,868	2,185	3,683
Adrian Morris	108,155	50,833	57,322
Ashwin Prasad	45,221	21,254	23,967
Matt Simister	101,748	47,822	53,926
Jason Tarry	143,579	67,483	76,096
Andrew Yaxley	108,531	51,010	57,521

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. With the exception of Christine Heffernan, the net shares are subject to a post-vesting holding period until 16 July 2023.

The share price on release was 234.9 pence per share.

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: [phone]

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 Performance Share Plan 2011 (PSP) on 16 July 2018
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.349	Volume(s) 87,051
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	87,051 £2.349 £204,482.80
f)	Date of the transaction	2021-07-16
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 Performance Share Plan 2011 (PSP) on 16 July 2018
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.349	Volume(s) 90,443
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	90,443 £2.349 £212,450.61
f)	Date of the transaction	2021-07-16
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Guus Dekkers
2	Reason for the notification
a)	Position/status	Chief Technology 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 Performance Share Plan 2011 (PSP) on 16 July 2018
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.349	Volume(s) 64,063
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	64,063 £2.349 £150,483.99
f)	Date of the transaction	2021-07-16
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Christine Heffernan
2	Reason for the notification
a)	Position/status	Group Communications 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 6 1/3 pence each GB00BLGZ9862
b)	Nature of the transaction	Release of shares from awards granted under the rules of the Tesco PLC Performance Share Plan 2011 (PSP) on 16 July 2018
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.349	Volume(s) 5,868
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	5,868 £2.349 £13,783.93
f)	Date of the transaction	2021-07-16
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 Performance Share Plan 2011 (PSP) on 16 July 2018
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.349	Volume(s) 108,155
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	108,155 £2.349 £254,056.10
f)	Date of the transaction	2021-07-16
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 Performance Share Plan 2011 (PSP) on 16 July 2018
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.349	Volume(s) 45,221
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	45,221 £2.349 £106,224.13
f)	Date of the transaction	2021-07-16
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 Performance Share Plan 2011 (PSP) on 16 July 2018
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.349	Volume(s) 101,748
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	101,748 £2.349 £239,006.05
f)	Date of the transaction	2021-07-16
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 Performance Share Plan 2011 (PSP) on 16 July 2018
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.349	Volume(s) 143,579
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	143,579 £2.349 £337,267.07
f)	Date of the transaction	2021-07-16
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 Performance Share Plan 2011 (PSP) on 16 July 2018
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.349	Volume(s) 108,531
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	108,531 £2.349 £254,939.32
f)	Date of the transaction	2021-07-16
g)	Place of the transaction	Outside a trading venue

 

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