Director/PDMR Shareholding

RNS Number : 6196P

Tesco PLC

21 June 2022

 

PDMR SHAREHOLDING

21 June 2022

Tesco PLC (the "Company")

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

On 20 June 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 20 June 2019 under the rules of the PSP:

Name of PDMR	No. of shares released	No. of shares withheld	No. of net shares
Natasha Adams	382,087	184,357	197,730
Alessandra Bellini	439,401	212,011	227,390
Guus Dekkers	418,146	201,756	216,390
Christine Heffernan	238,801	115,222	123,579
Gerry Mallon	429,849	211,701	218,148
Adrian Morris	456,914	220,462	236,452
Ashwin Prasad	203,777	98,323	105,454
Matt Simister	429,849	207,832	222,017
Jason Tarry	606,566	292,669	313,897
Emma Taylor	140,096	67,597	72,499
Andrew Yaxley	477,608	230,446	247,162

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.  T he net shares have been transferred to the PDMRs and are subject to a post-vesting holding period until 20 June 2024.

The share price on release was 251.90 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	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 Performance Share Plan 2011 (PSP) on 20 June 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.519	Volume(s) 382,087
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	382,087 £2.519 £962,477.15
f)	Date of the transaction	2022-06-20
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 20 June 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.519	Volume(s) 439,401
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	439,401 £2.519 £1,106,851.12
f)	Date of the transaction	2022-06-20
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 20 June 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.519	Volume(s) 418,146
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	418,146 £2.519 £1,053,309.77
f)	Date of the transaction	2022-06-20
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 20 June 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.519	Volume(s) 238,801
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	238,801 £2.519 £601,539.72
f)	Date of the transaction	2022-06-20
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 (PSP) on 20 June 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.519	Volume(s) 429,849
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	429,849 £2.519 £1,082,789.63
f)	Date of the transaction	2022-06-20
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 20 June 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.519	Volume(s) 456,914
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	456,914 £2.519 £1,150,966.37
f)	Date of the transaction	2022-06-20
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 20 June 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.519	Volume(s) 203,777
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	203,777 £2.519 £513,314.26
f)	Date of the transaction	2022-06-20
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 20 June 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.519	Volume(s) 429,849
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	429,849 £2.519 £1,082,789.63
f)	Date of the transaction	2022-06-20
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 20 June 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.519	Volume(s) 606,566
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	606,566 £2.519 £1,527,939.75
f)	Date of the transaction	2022-06-20
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 Performance Share Plan 2011 (PSP) on 20 June 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.519	Volume(s) 140,096
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	140,096 £2.519 £352,901.82
f)	Date of the transaction	2022-06-20
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 20 June 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.519	Volume(s) 477,608
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	477,608 £2.519 £1,203,094.55
f)	Date of the transaction	2022-06-20
g)	Place of the transaction	Outside a trading venue

 

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