Director/PDMR Shareholding

RNS Number : 4619W

Tesco PLC

17 April 2023

 

PDMR SHAREHOLDING

17 April 2023

Tesco PLC (the "Company")

Purchase of shares under the Tesco PLC Share Incentive Plan (the "SIP")

The Company has been notified that on 14 April 2023, the Trustees of the SIP purchased Ordinary Shares of 6 1/3 pence each in the Company under the SIP's Partnership Share Scheme on behalf of the following Persons Discharging Managerial Responsibilities ("PDMRs") as set out below: 

Name of PDMR	Number of shares acquired	Purchase price per share	Date acquired
Ken Murphy	51	£2.674	14 April 2023
Natasha Adams	7	£2.674	14 April 2023
Guus Dekkers	51	£2.674	14 April 2023
Adrian Morris	51	£2.674	14 April 2023
Ashwin Prasad	52	£2.674	14 April 2023
Jason Tarry	52	£2.674	14 April 2023
Andrew Yaxley	51	£2.674	14 April 2023

Release of shares under the Tesco PLC Performance Share Plan 2011

On 14 April 2023, Gerry Mallon, a member of the Company's Executive Committee, received 10,787 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, 5,286 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 post-vesting holding period of six months.

The share price on release was 268.20 pence per share.

The Notification of Dealing Form for each PDMR 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	Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.674	Volume(s) 51
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	51 £2.674 £136.37
f)	Date of the transaction	2023-04-14
g)	Place of the transaction	London Stock Exchange, Main Market (XLON)

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	Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.674	Volume(s) 7
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	7 £2.674 £18.72
f)	Date of the transaction	2023-04-14
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	Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.674	Volume(s) 51
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	51 £2.674 £136.37
f)	Date of the transaction	2023-04-14
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	Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.674	Volume(s) 51
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	51 £2.674 £136.37
f)	Date of the transaction	2023-04-14
g)	Place of the transaction	London Stock Exchange, Main Market (XLON)

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	Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.674	Volume(s) 52
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	52 £2.674 £139.05
f)	Date of the transaction	2023-04-14
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	Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.674	Volume(s) 52
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	52 £2.674 £139.05
f)	Date of the transaction	2023-04-14
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	Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.674	Volume(s) 51
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	51 £2.674 £136.37
f)	Date of the transaction	2023-04-14
g)	Place of the transaction	London Stock Exchange, Main Market (XLON)

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) £2.682	Volume(s) 10,787
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	10,787 £2.682 £28,930.73
f)	Date of the transaction	2023-04-14
g)	Place of the transaction	Outside a trading venue

 

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