PDMR Shareholding

RNS Number : 9675E

Tesco PLC

12 May 2017

 

PDMR SHAREHOLDING

12 May 2017

Tesco PLC (the "Company")

Grant of Awards under the Tesco PLC 2014 Executive Incentive Plan (the "EIP") and the Tesco PLC Group Bonus Plan (the "GBP")

On 11 May 2017, the persons listed below were granted awards over Ordinary Shares of 5 pence each in the Company under the EIP and GBP, the number of shares being calculated using a market price of 180.00 pence per share.

The awards have been granted in respect of the annual deferred bonus for the 2016/17 Financial Year. 

PDMR	Number of Shares subject to award (EIP)
Dave Lewis	655,815
Alan Stewart	347,906
PDMR	Number of Shares subject to award (GBP)
Matt Davies	280,425
Tony Hoggett	202,814
Alison Horner	194,259
Jane Lawrie	46,252
Adrian Morris	209,670
Matt Simister	134,843
Jason Tarry	226,355

The above awards have been made in the form of nil cost options which will become exercisable on 11 May 2020, subject to continuous employment. Payment of the bonus for Benny Higgins has been deferred until the conclusion of the regulatory review into last year's fraud incident at Tesco Bank.

In the event that dividends are paid in the period between grant and exercise of nil cost options, the number of shares in each case will be increased to reflect the dividends that would have accrued had they been reinvested in shares.

The nil cost options granted under the EIP and GBP contribute towards the shareholding guidelines for Executive Directors and Executive Committee members which are set out in the Directors' Remuneration Report of the Tesco PLC Annual Report and Financial Statements 2017 ("Directors' Remuneration Report"). 

Grant of Awards under the Tesco PLC Performance Share Plan 2011 (the "PSP")

On 11 May 2017, the persons listed below were granted awards over Ordinary Shares of 5 pence each in the Company under the PSP, the number of shares being calculated using a market price of 180.00 pence per share.

PDMR	Number of Shares subject to  award (PSP)
Dave Lewis	1,909,722
Alan Stewart	1,041,666
Alessandra Bellini	500,000
Matt Davies	843,750
Benny Higgins	970,593
Tony Hoggett	706,250
Alison Horner	634,375
Jane Lawrie	362,500
Adrian Morris	597,918
Matt Simister	562,500
Jason Tarry	718,750

The above awards have been made in the form of nil cost options with the exception of the award to Alessandra Bellini which has been made in the form of conditional shares. 

The nil cost options will become exercisable, and the conditional shares will vest and be released, on 11 May 2020, subject to the achievement of the relative Total Shareholder Return, Cumulative Retail Cash Generated from Operations and Key Stakeholder performance targets over the performance period, as outlined in the Directors' Remuneration Report.

In the event that dividends are paid in the period between grant and exercise of nil cost options, or the grant and release of conditional shares, the number of shares in each case will be increased to reflect the dividends that would have accrued had they been reinvested in shares.

The Notification of Dealing Forms 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: [phone]

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	Grant of nil cost options under the rules of the Tesco PLC Performance Share Plan 2011
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £1.80	Volume(s) 1,909,722
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	1,909,722 £1.80 £3,437,499.60
f)	Date of the transaction	2017-05-11
g)	Place of the transaction	Outside a trading venue

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	Grant of nil cost options under the rules of the Tesco PLC 2014 Executive Incentive Plan
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £1.80	Volume(s) 655,815
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	655,815 £1.80 £1,180,467.00
f)	Date of the transaction	2017-05-11
g)	Place of the transaction	Outside a trading venue

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	Grant of nil cost options under the rules of the Tesco PLC Performance Share Plan 2011
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £1.80	Volume(s) 1,041,666
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	1,041,666 £1.80 £1,874,998.80
f)	Date of the transaction	2017-05-11
g)	Place of the transaction	Outside a trading venue

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	Grant of nil cost options under the rules of the Tesco PLC 2014 Executive Incentive Plan
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £1.80	Volume(s) 347,906
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	347,906 £1.80 £626,230.80
f)	Date of the transaction	2017-05-11
g)	Place of the transaction	Outside a trading venue

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	Grant of conditional shares under the rules of the Tesco PLC Performance Share Plan 2011
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £1.80	Volume(s) 500,000
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	500,000 £1.80 £900,000
f)	Date of the transaction	2017-05-11
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Matt Davies
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	Grant of nil cost options under the rules of the Tesco PLC Performance Share Plan 2011
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £1.80	Volume(s) 843,750
e)	Aggregated information - Aggregated Volume - Aggregated Price - Aggregated Total	843,750 £1.80 £1,518,750.00
f)	Date of the transaction	2017-05-11
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Matt Davies
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	Grant of nil cost options under the rules of the Tesco PLC Group Bonus Plan
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £1.80	Volume(s) 280,425
e)	Aggregated information - Aggregated Volume - Aggregated Price - Aggregated Total	280,425 £1.80 £504,765.00
f)	Date of the transaction	2017-05-11
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Benny Higgins
2	Reason for the notification
a)	Position/status	CEO, Tesco Bank and Group Strategy 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	Grant of nil cost options under the rules of the Tesco PLC Performance Share Plan 2011
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £1.80	Volume(s) 970,593
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	970,593 £1.80 £1,747,067.40
f)	Date of the transaction	2017-05-11
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Tony Hoggett
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	Grant of nil cost options under the rules of the Tesco PLC Performance Share Plan 2011
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £1.80	Volume(s) 706,250
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	706,250 £1.80 £1,271,250.00
f)	Date of the transaction	2017-05-11
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Tony Hoggett
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	Grant of nil cost options under the rules of the Tesco PLC Group Bonus Plan
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £1.80	Volume(s) 202,814
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	202,814 £1.80 £365,065.20
f)	Date of the transaction	2017-05-11
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Alison Horner
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	Grant of nil cost options under the rules of the Tesco PLC Performance Share Plan 2011
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £1.80	Volume(s) 634,375
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	634,375 £1.80 £1,141,875.00
f)	Date of the transaction	2017-05-11
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Alison Horner
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	Grant of nil cost options under the rules of the Tesco PLC Group Bonus Plan
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £1.80	Volume(s) 194,259
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	194,259 £1.80 £349,666.20
f)	Date of the transaction	2017-05-11
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Jane Lawrie
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 5 pence each GB0008847096
b)	Nature of the transaction	Grant of nil cost options under the rules of the Tesco PLC Performance Share Plan 2011
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £1.80	Volume(s) 362,500
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	362,500 £1.80 £652,500.00
f)	Date of the transaction	2017-05-11
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Jane Lawrie
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 5 pence each GB0008847096
b)	Nature of the transaction	Grant of nil cost options under the rules of the Tesco PLC Group Bonus Plan
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £1.80	Volume(s) 46,252
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	46,252 £1.80 £83,253.60
f)	Date of the transaction	2017-05-11
g)	Place of the transaction	Outside a trading venue

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 5 pence each GB0008847096
b)	Nature of the transaction	Grant of nil cost options under the rules of the Tesco PLC Performance Share Plan 2011
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £1.80	Volume(s) 597,918
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	597,918 £1.80 £1,076,252.40
f)	Date of the transaction	2017-05-11
g)	Place of the transaction	Outside a trading venue

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 5 pence each GB0008847096
b)	Nature of the transaction	Grant of nil cost options under the rules of the Tesco PLC Group Bonus Plan
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £1.80	Volume(s) 209,670
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	209,670 £1.80 £377,406.00
f)	Date of the transaction	2017-05-11
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	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 5 pence each GB0008847096
b)	Nature of the transaction	Grant of nil cost options under the rules of the Tesco PLC Performance Share Plan 2011
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £1.80	Volume(s) 562,500
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	562,500 £1.80 £1,012,500.00
f)	Date of the transaction	2017-05-11
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	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 5 pence each GB0008847096
b)	Nature of the transaction	Grant of nil cost options under the rules of the Tesco PLC Group Bonus Plan
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £1.80	Volume(s) 134,843
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	134,843 £1.80 £242,717.40
f)	Date of the transaction	2017-05-11
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Jason Tarry
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 5 pence each GB0008847096
b)	Nature of the transaction	Grant of nil cost options under the rules of the Tesco PLC Performance Share Plan 2011
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £1.80	Volume(s) 718,750
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	718,750 £1.80 £1,293,750.00
f)	Date of the transaction	2017-05-11
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Jason Tarry
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 5 pence each GB0008847096
b)	Nature of the transaction	Grant of nil cost options under the rules of the Tesco PLC Group Bonus Plan
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £1.80	Volume(s) 226,355
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	226,355 £1.80 £407,439.00
f)	Date of the transaction	2017-05-11
g)	Place of the transaction	Outside a trading venue

 

END

 

 

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