Director/PDMR Shareholding

Tesco PLC
03 July 2024
 

PDMR SHAREHOLDING

03 July 2024

 

Tesco PLC (the "Company")

 

 

1. Tesco PLC Share Incentive Plan (the "Plan")

The Company has been notified that on 28 June 2024, the Trustees of the SIP Plan purchased Ordinary shares of 6⅓ pence each in the Company under the SIP's Dividend Re-Investment scheme on behalf of the following PDMRs:

Name of PDMR

Number of shares acquired

Price per share

Date acquired

Ken Murphy

53

£3.0865

28 June 2024

Guus Dekkers

119

£3.0865

28 June 2024

Emma Taylor

217

£3.0865

28 June 2024

Ashwin Prasad

151

£3.0865

28 June 2024

Matt Simister

75

£3.0865

28 June 2024

Andrew Yaxley

461

£3.0865

28 June 2024

 

2. Dividend Reinvestment Plan ("DRIP")  

The following PDMRs acquired a further interest in the Company's shares as a result of their participation in the Company's Dividend Reinvestment Plan ("DRIP") directly or through a nominee service as set out below:

 

Name of PDMR

Number of shares

Price per share

Date acquired

Ken Murphy

 

1,330

£3.0865

28 June 2024

684

£3.0895

01 July 2024

Imran Nawaz

 

8,325

£3.0865

28 June 2024

684

£3.0895

01 July 2024

Alison Platt

1,010

£3.0895

01 July 2024

Stewart Gilliland

837

£3.0865

28 June 2024

557+  

£3.0865

28 June 2024

Bertrand Bodson

1,609

£3.0833

01 July 2024

Matt Simister*

1*

£3.0895

01 July 2024

Guus Dekkers

22

£3.0865

28 June 2024

11,365

£3.0895

01 July 2024

Natasha Adams

3,735

£3.0865

28 June 2024

12,340

£3.0895

01 July 2024

Christine Heffernan

1,767

£3.0865

28 June 2024

Emma Taylor

Gerry Mallon

5,312

£3.0865

28 June 2024

 

+ Shares held in the joint names of Stewart Gilliland and his wife, Michelle Gilliland

* Share held by Matt Simister's wife; a person closely associated

 

 

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

On 1 July 2024, Gerry Mallon, a member of the Company's Executive Committee, received 18,199 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, 9,100 shares have been withheld to cover Income Tax and National Insurance Contributions due on release. The net shares have been transferred to Gerry Mallon and are subject to post-vesting holding period of six months.

 

The share price on release was 307.30 pence per share.

 

 

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: 07793 222 569

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

The acquisition of shares through the Dividend Reinvestment Plan held directly or through a nominee (DRIP) and through the Plan (SIP DRIP).

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£3.0865

 

£3.0865

 

£3.0895

Volume(s)

53 (SIP DRIP)

1,330 (DRIP)

684 (DRIP)

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

SIP DRIP

53

£3.0865

£163.58

DRIP

1,330

£3.0865

£4,105.04

DRIP

684

£3.0895

£2,113.22

f)

Date of the transaction

2024-06-28

2024-06-28

2024-07-01

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)



 

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

The acquisition of shares through the Dividend Reinvestment Plan held directly or through a nominee.

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

£3.0865

 

£3.0895

Volume(s)

8,325

684

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

8,325

£3.0865

£25,695.11

 


684

£3.0895

£2,113.22

f)

Date of the transaction

2024-06-28

2024-07-01

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Alison Platt

2

Reason for the notification

a)

Position/status

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 Dividend Reinvestment Plan held directly or through a nominee.

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£3.0895

Volume(s)

1,010

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

1,010

£3.0895

£3,120.40

f)

Date of the transaction

2024-07-01

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 



 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Stewart Gilliland

Michelle Gilliland (person closely associated with Stewart Gilliland)

2

Reason for the notification

a)

Position/status

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 Dividend Reinvestment Plan held directly or through a nominee.

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£3.0865

 

£3.0865

Volume(s)

837

557

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

Stewart Gilliland

837

£3.0865

£2,583.40

Stewart and Michelle Gilliland

557

£3.0865

£1,719.18

f)

Date of the transaction

2024-06-28

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Bertrand Bodson

2

Reason for the notification

a)

Position/status

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 Dividend Reinvestment Plan held directly or through a nominee.

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£3.0833

Volume(s)

1,609

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

1,609

£3.0833

£4,961.03


f)

Date of the transaction

2024-07-01

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Matt Simister

Karen Simister (a person closely associated with 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

The acquisition of shares through the Dividend Reinvestment Plan held directly or through a nominee (DRIP) and through the Share Incentive Plan (SIP DRIP).

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£3.0865

 

£3.0895

Volume(s)

75 (SIP DRIP)

1 (DRIP)

e)

 

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

Matt Simister

SIP DRIP

75

£3.0865

£231.49

Karen Simister

DRIP

1

£3.0895

£3.09

f)

Date of the transaction

2024-06-28

2024-07-01

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

The acquisition of shares through the Dividend Reinvestment Plan held directly or through a nominee (DRIP) and through the Share Incentive Plan (SIP DRIP).

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£3.0865

 

£3.0865

 

£3.0895

 

Volume(s)

119 (SIP DRIP)

22 (DRIP)

11,365 (DRIP)

e)

Aggregated information

 

- Aggregated volume

- Aggregated Price

- Aggregated Total

SIP DRIP

 

119

£3.0865

£367.29

DRIP

 

22

£3.0865

£67.90

DRIP

 

11,365

£3,0895

£35,112.17

f)

Date of the transaction

2024-06-28

2024-06-28

2024-07-01

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 Commercial 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

The acquisition of shares through the Share Incentive Plan.

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

 

Volume(s)

 

£3.0865

151

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

151

£3.0865

£466.06

f)

Date of the transaction

2024-06-28

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, Ireland and Northern Ireland

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 Dividend Reinvestment Plan held directly or through a nominee.

 

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

 

Volume(s)

£3.0865

3,735

£3.0895

12,340

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

3,735

£3.0865

£11,528.08

 

12,340

£3.0895

£38,124.43

f)

Date of the transaction

2024-06-28

2024-07-01

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

 

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

The acquisition of shares through the Dividend Reinvestment Plan held directly or through a nominee.

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

Volume(s)

 

£3.0865

1,767

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

1,767

£3.0865

£5,453.85

f)

Date of the transaction

2024-06-28

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 



 

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

The acquisition of shares through the Dividend Reinvestment Plan held directly or through a nominee (DRIP) and through the Share Incentive Plan (SIP DRIP).

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£3.0865

 

£3.0865

£3.0895

Volume(s)

217 (SIP DRIP)

8,100 (DRIP)

4,808 (DRIP)

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

SIP DRIP

217

£3.0865

£669.77

DRIP

8,100

£3.0865

£25,000.65

DRIP

4,808

£3.0895

£14,854.32

f)

Date of the transaction

2024-06-28

2024-06-28

2024-07-01

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

The acquisition of shares through the Dividend Reinvestment Plan held directly or through a nominee (DRIP) and the release of shares awarded under the rules of the Tesco PLC Performance Share Plan 2021 (PSP).

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£3.0865

 

£3.073

Volume(s)

5,312 (DRIP)

18,199 (PSP)

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

DRIP

5,312

£3.0865

£16,395.49

PSP

18,199

£3.073

£55,925.53

f)

Date of the transaction

2024-06-28

2024-07-01

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

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

The acquisition of shares through the Share Incentive Plan.

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£3.0865

Volume(s)

461


e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

461

£3.0865

£1,422.88

f)

Date of the transaction

2024-06-28

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

 

 

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