Director/PDMR Shareholding

RNS Number : 2547R

Tesco PLC

04 July 2022

 

PDMR SHAREHOLDING

4 July 2022

Tesco PLC (the "Company")

1.  Release of shares under the Tesco PLC Performance Share Plan 2011

On 30 June 2022, Gerry Mallon, a member of the Company's Executive Committee, received 16,728 Ordinary shares of 6 1/3 pence each in the Company upon their release from a share award 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, 8,239 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 a post-vesting holding period of six months.

The share price on release was 255.5 pence per share.

2.   Dividend Reinvestment Plan ("DRIP") 

The Company has been notified that the following PDMR acquired a further interest in the Company's shares as a result of their participation in the Company's DRIP directly or through a nominee service as set out below:

Name of PDMR	Number of shares	Price per share	Date acquired
Bertrand Bodson	1,310	£2.56061	27  June 2022

3.  Sale of Ordinary Shares of 6⅓ pence

The Company has been notified that the following member of the Company's Executive Committee sold Ordinary shares of 6⅓ pence each in the Company as set out below:

Name of PDMR	Number of shares	Price per share	Date of sale
Alessandra Bellini	321,426	£2.574	4 July 2022

The Notification of Dealing Forms can be found below.  This announcement is made in accordance with the UK Market Abuse Regulation (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	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 1/3 pence 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) £2.555	Volume(s) 16,728
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	16,728 £2.555 £42,740.04
f)	Date of the transaction	2022-06-30
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Bertrand Bodson
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 6 1/3 pence each GB00BLGZ9862
b)	Nature of the transaction	The acquisition of shares through the Company's Dividend Reinvestment Plan.
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.56061	Volume(s) 1,310
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	1,310 £2.56061 £3,354.40
f)	Date of the transaction	2022-06-27
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 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) £2.574	Volume(s) 321,426
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	321,426 £2.574 £827,350.52
f)	Date of the transaction	2022-07-04
g)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

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