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: 07793 222569

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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