Tesco PLC
Director/PDMR Shareholding
08 July 2020
Tesco PLC (the "Company") announces that it has been notified of the following transactions in the Company's Ordinary shares of 5 pence each undertaken by Directors / Persons Discharging Managerial Responsibility ("PDMR").
1. Tesco PLC Share Incentive Plan (the "Plan")
On 3 July 2020, the Trustees of the Plan purchased Ordinary shares of 5 pence each in the Company under the Plan's Dividend Re-Investment scheme on behalf of the PDMRs as set out below:
Name of PDMR |
Number of shares |
Price per share |
Date acquired |
Dave Lewis |
137 |
£2.2396 |
3 July 2020 |
Alan Stewart |
134 |
£2.2396 |
3 July 2020 |
Natasha Adams |
161 |
£2.2396 |
3 July 2020 |
Antony Hoggett |
462 |
£2.2396 |
3 July 2020 |
Alison Horner |
231 |
£2.2396 |
3 July 2020 |
Adrian Morris |
208 |
£2.2396 |
3 July 2020 |
Matthew Simister |
216 |
£2.2396 |
3 July 2020 |
Jason Tarry |
745 |
£2.2396 |
3 July 2020 |
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 |
Dave Lewis |
4,823 |
£2.2390 |
3 July 2020 |
Alan Stewart |
351 |
£2.2390 |
3 July 2020 |
Mikael Olsson |
1,324 |
£2.2390 |
3 July 2020 |
Alison Platt |
1,017 |
£2.2396 |
6 July 2020 |
Natasha Adams |
6,987 |
£2.2390 |
3 July 2020 |
Alessandra Bellini |
6,251 |
£2.2390 |
3 July 2020 |
Matthew Simister |
4,189 |
£2.2390 |
3 July 2020 |
Jason Tarry |
557 |
£2.2390 |
3 July 2020 |
3. Director Shareholding
The following Directors acquired a further interest in the Company's shares as a result of their participation in a third party Dividend Reinvestment Plan ("DRIP") as set out below:
Name of PDMR |
Number of shares |
Price per share |
Date acquired |
Jason Tarry |
1,405 |
£2.2396 |
6 July 2020 |
The Notification of Dealing Form for each PDMR can be found below. This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
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 |
Dave Lewis |
|
2 |
Reason for the notification |
||
a) |
Position/status |
Group Chief Executive |
|
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 5 pence each
GB0008847096 |
|
b) |
Nature of the transaction |
Acquisition of shares through the Company's Dividend Reinvestment Plan and the dividend re-investment element of the Tesco PLC Share Incentive Plan. |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£2.239 |
4,823 (Dividend Reinvestment Plan) |
||
£2.2396 |
137 (Share Incentive Plan) |
||
e) |
Aggregated information
- Aggregated volume - Aggregated Price - Aggregated Total |
Dividend Reinvestment Plan 4,823 £2.239 £10,798.70 |
Share Incentive Plan
137 £2.2396 £306.83 |
f) |
Date of the transaction |
2020-07-03 |
|
g) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||||
a) |
Name |
Alan Stewart |
||||||
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 5 pence each
GB0008847096 |
||||||
b) |
Nature of the transaction |
Acquisition of shares through the Company's Dividend Reinvestment Plan and the dividend re-investment element of the Tesco PLC Share Incentive Plan. |
||||||
c) |
Currency |
GBP |
|
|||||
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
|||||
£2.239 |
351 (Dividend Reinvestment Plan) |
|||||||
£2.2396 |
134 (Share Incentive Plan) |
|||||||
e) |
Aggregated information
- Aggregated volume - Aggregated Price - Aggregated Total |
Dividend Reinvestment Plan
351 £2.239 £785.89 |
Share Incentive Plan
134 £2.2396 £300.11
|
|||||
f) |
Date of the transaction |
2020-07-03 |
2020-07-03 |
|||||
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 |
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 5 pence each
GB0008847096 |
|
||||
|
b) |
Nature of the transaction |
Acquisition of shares through the Company's Dividend Reinvestment Plan and the dividend re-investment element of the Tesco PLC Share Incentive Plan. |
|
||||
|
c) |
Currency |
GBP |
|
|
|||
|
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
|
|||
|
£2.239 |
6,987 (Dividend Reinvestment Plan) |
|
|||||
|
£2.2396 |
161 (Share Incentive Plan) |
|
|||||
|
e) |
Aggregated information
- Aggregated volume - Aggregated Price - Aggregated Total |
Dividend Reinvestment Plan
6,987 £2.239 £15,643.89 |
Share Incentive Plan
161 £2.2396 £360.58 |
|
|||
|
f) |
Date of the transaction |
2020-07-03 |
|
||||
|
g) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
|
||||
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
a) |
Name |
Antony Hoggett |
|
2 |
Reason for the notification |
||
a) |
Position/status |
Chief Operations 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 5 pence each
GB0008847096 |
|
b) |
Nature of the transaction |
Acquisition of shares through the Company's Dividend Reinvestment element of the Tesco PLC Share Incentive Plan. |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£2.2396 |
462 (Share Incentive Plan) |
||
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
462 £2.2396 £1,034.70
|
|
f) |
Date of the transaction |
2020-07-03 |
|
g) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
|
Details of the person discharging managerial responsibilities/person closely associated |
||
a) |
Name |
Alison Horner |
|
2 |
Reason for the notification |
||
a) |
Position/status |
CEO, Asia |
|
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 5 pence each
GB0008847096 |
|
b) |
Nature of the transaction |
Acquisition of shares through the Company's Dividend Reinvestment element of the Tesco PLC Share Incentive Plan. |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£2.2396 |
231 (Share Incentive Plan) |
||
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
231 £2.2396 £517.35
|
|
f) |
Date of the transaction |
2020-07-03 |
|
g) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
|
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 5 pence each
GB0008847096 |
|
b) |
Nature of the transaction |
Acquisition of shares through the Company's Dividend Reinvestment element of the Tesco PLC Share Incentive Plan. |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£2.2396 |
208 (Share Incentive Plan) |
||
e) |
Aggregated information
- Aggregated volume - Aggregated Price - Aggregated Total |
208 £2.2396 £465.84 |
|
f) |
Date of the transaction |
2020-07-03 |
|
g) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
a) |
Name |
Matthew Simister |
|
2 |
Reason for the notification |
||
a) |
Position/status |
Central Europe CEO |
|
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 5 pence each
GB0008847096 |
|
b) |
Nature of the transaction |
Acquisition of shares through the Company's Dividend Reinvestment Plan and the dividend re-investment element of the Tesco PLC Share Incentive Plan. |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£2.239 |
4,189 (Dividend Reinvestment Plan) |
||
£2.2396 |
216 (Share Incentive Plan) |
||
e) |
Aggregated information
- Aggregated volume - Aggregated Price - Aggregated Total |
Dividend Reinvestment Plan 4,189 £2.239 £9,379.17 |
Share Incentive Plan
216 £2.2396 £483.76 |
f) |
Date of the transaction |
2020-07-03 |
|
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 |
UK & ROI CEO |
|||
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 5 pence each
GB0008847096 |
|||
b) |
Nature of the transaction |
Acquisition of shares through the Company's Dividend Reinvestment Plan, the dividend re-investment element of the Tesco PLC Share Incentive Plan and a third party Dividend Reinvestment Plan. |
|||
c) |
Currency |
GBP |
|
||
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
||
£2.239 |
557 (Dividend Reinvestment Plan) |
||||
£2.2396 |
745 (Share Incentive Plan) |
||||
£2.2396 |
1,405 (Third party DRIP) |
||||
e) |
Aggregated information
- Aggregated volume - Aggregated Price - Aggregated Total |
Dividend Reinvestment Plan |
Share Incentive Plan |
Third party DRIP |
|
557 £2.239 £1,247.12 |
745 £2.2396 £1,668.50 |
1,405 £2.2396 £3,146.64 |
|||
f) |
Date of the transaction |
2020-07-03 |
2020-07-03 |
2020-07-06 |
|
g) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
|||
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
a) |
Name |
Mikael Olsson |
|
2 |
Reason for the notification |
||
a) |
Position/status |
Director (Non-executive 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 5 pence each
GB0008847096 |
|
b) |
Nature of the transaction |
Acquisition of shares through the Company's Dividend Reinvestment Plan. |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£2.239 |
1,324 (Dividend Reinvestment Plan) |
||
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
1,324 £2.239 £2,964.44 |
|
f) |
Date of the transaction |
2020-07-03 |
|
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 (Non-executive 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 5 pence each
GB0008847096 |
|
b) |
Nature of the transaction |
Acquisition of shares through the Company's Dividend Reinvestment Plan. |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£2.2396 |
1,017 |
||
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
1,017 £2.2396 £2,277.67
|
|
f) |
Date of the transaction |
2020-07-06 |
|
g) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
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 5 pence each
GB0008847096 |
|
b) |
Nature of the transaction |
Acquisition of shares through the Company's Dividend Reinvestment Plan and the dividend re-investment element of the Tesco PLC Share Incentive Plan. |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
|
|
£2.239 |
6,251 (Dividend Reinvestment Plan) |
e) |
Aggregated information
- Aggregated volume - Aggregated Price - Aggregated Total |
6,251 £2.239 £13,995.99 |
|
f) |
Date of the transaction |
2020-07-03 |
|
g) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |