PDMR SHAREHOLDING
12 October 2021
Tesco PLC (the "Company")
Release of shares from the Tesco PLC Performance Share Plan 2011
On 11 October 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 October 2019 under the rules of the Tesco PLC Performance Share Plan 2011:
Name of PDMR |
No. of shares released |
No. of shares withheld |
No. of net shares |
Natasha Adams |
198,258 |
93,182 |
105,076 |
Alessandra Bellini |
225,922 |
106,184 |
119,738 |
Guus Dekkers |
201,833 |
94,862 |
106,971 |
Christine Heffernan |
115,265 |
54,175 |
61,090 |
Adrian Morris |
220,543 |
103,656 |
116,887 |
Ashwin Prasad |
110,655 |
52,008 |
58,647 |
Matt Simister |
230,533 |
108,351 |
122,182 |
Jason Tarry |
292,777 |
137,606 |
155,171 |
Andrew Yaxley |
230,533 |
108,351 |
122,182 |
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 270.35 pence per share.
Sale of Ordinary shares
The Company has been notified that on 11 October 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 (pence) |
Date of sale |
Natasha Adams |
105,076 |
269.65 |
11 October 2021 |
Guus Dekkers |
50,000 |
269.65 |
11 October 2021 |
Matt Simister |
122,182 |
269.65 |
11 October 2021 |
Jason Tarry |
155,171 |
269.65 |
11 October 2021 |
Andrew Yaxley |
122,182 |
269.65 |
11 October 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 Performance Share Plan 2011 on 9 October 2019 |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) £2.7035 |
Volume(s) 198,258 |
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
198,258 £2.7035 £535,990.50 |
|
f) |
Date of the transaction |
2021-10-11 |
|
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 on 9 October 2019 |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) £2.7035 |
Volume(s) 225,922 |
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
225,922 £2.7035 £610,780.13 |
|
f) |
Date of the transaction |
2021-10-11 |
|
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 on 9 October 2019 |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) £2.7035 |
Volume(s) 201,833 |
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
201,833 £2.7035 £545,655.52 |
|
f) |
Date of the transaction |
2021-10-11 |
|
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 on 9 October 2019 |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) £2.7035 |
Volume(s) 115,265 |
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
115,265 £2.7035 £311,618.93 |
|
f) |
Date of the transaction |
2021-10-11 |
|
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 on 9 October 2019 |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) £2.7035 |
Volume(s) 220,543 |
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
220,543 £2.7035 £596,238.00 |
|
f) |
Date of the transaction |
2021-10-11 |
|
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 on 9 October 2019 |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) £2.7035 |
Volume(s) 110,655 |
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
110,655 £2.7035 £299,155.79 |
|
f) |
Date of the transaction |
2021-10-11 |
|
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 on 9 October 2019 |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) £2.7035 |
Volume(s) 230,533 |
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
230,533 £2.7035 £623,245.97 |
|
f) |
Date of the transaction |
2021-10-11 |
|
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 on 9 October 2019 |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) £2.7035 |
Volume(s) 292,777 |
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
292,777 £2.7035 £791,522.62 |
|
f) |
Date of the transaction |
2021-10-11 |
|
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 on 9 October 2019 |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) £2.7035 |
Volume(s) 230,533 |
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
230,533 £2.7035 £623,245.97 |
|
f) |
Date of the transaction |
2021-10-11 |
|
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) £2.6965 |
Volume(s) 105,076 |
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
105,076 £2.6965 £283,337.43 |
|
f) |
Date of the transaction |
2021-10-11 |
|
g) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
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 |
Sale of Ordinary shares |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) £2.6965 |
Volume(s) 50,000 |
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
50,000 £2.6965 £134,825.00 |
|
f) |
Date of the transaction |
2021-10-11 |
|
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) £2.6965 |
Volume(s) 122,182 |
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
122,182 £2.6965 £329,463.76 |
|
f) |
Date of the transaction |
2021-10-11 |
|
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 1/3 pence each
GB00BLGZ9862 |
|
b) |
Nature of the transaction |
Sale of Ordinary shares |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) £2.6965 |
Volume(s) 155,171 |
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
155,171 £2.6965 £418,418.60 |
|
f) |
Date of the transaction |
2021-10-11 |
|
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 1/3 pence each
GB00BLGZ9862 |
|
b) |
Nature of the transaction |
Sale of Ordinary shares |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) £2.6965 |
Volume(s) 122,182 |
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
122,182 £2.6965 £329,463.76 |
|
f) |
Date of the transaction |
2021-10-11 |
|
g) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |