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	8,100	£3.0865	28 June 2024
	4,808	£3.0895	01 July 2024
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: [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	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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