Director/PDMR Shareholding

RNS Number : 6233L

Tesco PLC

16 May 2022

 

PDMR SHAREHOLDING

16 May 2022

Tesco PLC (the "Company")

Grant of Awards under the Tesco PLC Deferred Bonus Plan 2019

On 12 May 2022, the members of the Company's Executive Committee listed below were granted awards over Ordinary shares of 6 1/3 pence each in the Company under the Tesco PLC Deferred Bonus Plan 2019.

Name of PDMR	No. of shares subject to award
Ken Murphy1	584,357
Imran Nawaz1	226,251
Natasha Adams2	169,956
Alessandra Bellini2	201,727
Guus Dekkers 2	178,822
Christine Heffernan 2	114,274
Gerry Mallon3	114,099
Adrian Morris2	178,902
Ashwin Prasad2	160,454
Matt Simister2	178,806
Jason Tarry2	239,564
Emma Taylor2	71,975
Andrew Yaxley2	200,811

1. The shares will vest on 12 May 2025. Both are Executive Directors.

2. 50% of the shares will vest on 12 May 2023 and 50% will vest on 12 May 2024.

3. 49% of the shares will vest on 12 May 2023 and 51% will vest on 12 May 2024.

The above awards have been made in the form of conditional shares which will vest and be released on the dates shown above, subject to continuous employment.  

Except for the award to Gerry Mallon, the numbers of shares have been calculated using a market price of 274.34 pence per share.  For any dividends paid in the period between the grant and release of conditional shares, the number of shares in each case will be increased to reflect the dividends that would have accrued had they been reinvested in shares.

For CRDV banking regulatory purposes, the number of shares awarded to Gerry Mallon will not be increased to reflect any dividends paid to shareholders in the period between the grant and release of conditional shares.  However, a discount has been applied to the market price of 274.34 pence per share when calculating the number of shares under Gerry's award to reflect the absence of dividend equivalents during the vesting period.

The awards have been granted in respect of the annual deferred bonus for the 2021/22 Financial Year. 

The shares awarded contribute towards the shareholding guidelines for Executive Directors and Executive Committee members.  The shareholding guidelines for Executive Directors are set out in the Directors' Remuneration Report of the Tesco PLC Annual Report and Financial Statements 2022.

Release of shares under the Tesco PLC Group Bonus Plan (the "GBP") and the Tesco PLC Performance Share Plan 2011 (the "PSP")

On 13 May 2022, 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 13 May 2019 under the GBP and PSP:

Name of PDMR	No. of shares released (GBP)	No. of shares released (PSP)	No. of shares withheld	No. of net shares
Natasha Adams	80,351	0	38,770	41,581
Alessandra Bellini	110,620	0	53,375	57,245
Guus Dekkers	68,223	0	32,918	35,305
Gerry Mallon	55,589	51,818	52,898	54,509
Adrian Morris	113,931	0	54,972	58,959
Ashwin Prasad	56,049	0	27,044	29,005
Matt Simister	115,444	0	55,702	59,742
Jason Tarry	146,296	0	70,588	75,708
Emma Taylor	24,715	0	11,925	12,790
Andrew Yaxley	107,680	0	51,956	55,724

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 281.20 pence per share.

Sale of Ordinary shares

The Company has been notified that on 13 May 2022, 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	41,581	277.278	13 May 2022
Guus Dekkers	35,305	277.278	13 May 2022
Adrian Morris	266,614	277.278	13 May 2022
Andrew Yaxley	55,724	277.278	13 May 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	Ken Murphy
2	Reason for the notification
a)	Position/status	Group Chief Executive 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	Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus Plan 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.7434	Volume(s) 584,357
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	584,357 £2.7434 £1,603,124.99
f)	Date of the transaction	2022-05-12
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Imran Nawaz
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 1/3 pence each GB00BLGZ9862
b)	Nature of the transaction	Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus Plan 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.7434	Volume(s) 226,251
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	226,251 £2.7434 £620,696.99
f)	Date of the transaction	2022-05-12
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	CEO, 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	Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus Plan 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.7434	Volume(s) 169,956
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	169,956 £2.7434 £466,257.29
f)	Date of the transaction	2022-05-12
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	Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus Plan 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.7434	Volume(s) 201,727
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	201,727 £2.7434 £553,417.85
f)	Date of the transaction	2022-05-12
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	Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus Plan 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.7434	Volume(s) 178,822
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	178,822 £2.7434 £490,580.27
f)	Date of the transaction	2022-05-12
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	Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus Plan 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.7434	Volume(s) 114,274
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	114,274 £2.7434 £313,499.29
f)	Date of the transaction	2022-05-12
g)	Place of the transaction	Outside a trading venue

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	Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus Plan 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.7434	Volume(s) 114,099
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	114,099 £2.7434 £313,019.20
f)	Date of the transaction	2022-05-12
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	Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus Plan 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.7434	Volume(s) 178,902
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	178,902 £2.7434 £490,799.75
f)	Date of the transaction	2022-05-12
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	Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus Plan 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.7434	Volume(s) 160,454
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	160,454 £2.7434 £440,189.50
f)	Date of the transaction	2022-05-12
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	Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus Plan 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.7434	Volume(s) 178,806
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	178,806 £2.7434 £490,536.38
f)	Date of the transaction	2022-05-12
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	Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus Plan 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.7434	Volume(s) 239,564
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	239,564 £2.7434 £657,219.88
f)	Date of the transaction	2022-05-12
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Emma Taylor
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	Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus Plan 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.7434	Volume(s) 71,975
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	71,975 £2.7434 £197,456.22
f)	Date of the transaction	2022-05-12
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	Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus Plan 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.7434	Volume(s) 200,811
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	200,811 £2.7434 £550,904.90
f)	Date of the transaction	2022-05-12
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	CEO, 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 13 May 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.812	Volume(s) 80,351
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	80,351 £2.812 £225,947.01
f)	Date of the transaction	2022-05-13
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 13 May 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.812	Volume(s) 110,620
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	110,620 £2.812 £311,063.44
f)	Date of the transaction	2022-05-13
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 Group Bonus Plan on 13 May 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.812	Volume(s) 68,223
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	68,223 £2.812 £191,843.08
f)	Date of the transaction	2022-05-13
g)	Place of the transaction	Outside a trading venue

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 from awards granted under the rules of the Tesco PLC Group Bonus Plan on 13 May 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.812	Volume(s) 55,589
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	55,589 £2.812 £156,316.27
f)	Date of the transaction	2022-05-13
g)	Place of the transaction	Outside a trading venue

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 from awards granted under the rules of the Tesco PLC Performance Share Plan 2011 on 13 May 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.812	Volume(s) 51,818
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	51,818 £2.812 £145,712.22
f)	Date of the transaction	2022-05-13
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 13 May 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.812	Volume(s) 113,931
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	113,931 £2.812 £320,373.97
f)	Date of the transaction	2022-05-13
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 13 May 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.812	Volume(s) 56,049
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	56,049 £2.812 £157,609.79
f)	Date of the transaction	2022-05-13
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 13 May 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.812	Volume(s) 115,444
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	115,444 £2.812 £324,628.53
f)	Date of the transaction	2022-05-13
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 13 May 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.812	Volume(s) 146,296
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	146,296 £2.812 £411,384.35
f)	Date of the transaction	2022-05-13
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Emma Taylor
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 13 May 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.812	Volume(s) 24,715
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	24,715 £2.812 £69,498.58
f)	Date of the transaction	2022-05-13
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 13 May 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.812	Volume(s) 107,680
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	107,680 £2.812 £302,796.16
f)	Date of the transaction	2022-05-13
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	CEO, 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) £2.77278	Volume(s) 41,581
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	41,581 £2.77278 £115,294.97
f)	Date of the transaction	2022-05-13
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) £2.77278	Volume(s) 35,305
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	35,305 £2.77278 £97,893.00
f)	Date of the transaction	2022-05-13
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 1/3 pence each GB00BLGZ9862
b)	Nature of the transaction	Sale of Ordinary shares
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.77278	Volume(s) 266,614
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	266,614 £2.77278 £739,261.97
f)	Date of the transaction	2022-05-13
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) £2.77278	Volume(s) 55,724
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	55,724 £2.77278 £154,510.39
f)	Date of the transaction	2022-05-13
g)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

END

 

 

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