Director/PDMR Shareholding

RNS Number : 0270M

Tesco PLC

25 July 2017

 

TESCO PLC GROUP BONUS PLAN

PDMR SHAREHOLDING

25 July 2017

Tesco PLC (the "Company")

On 24 July 2017, Tony Hoggett, a member of the Company's Executive Committee, received 27,221 Ordinary shares of 5 pence each in the Company upon their release from an award granted under the rules of the Tesco PLC Group Bonus Plan on 23 July 2014.

This represents the gross number of shares released including dividend equivalent shares which have accrued between grant and vesting.  A proportion of the shares released have been withheld to cover Income Tax and National Insurance Contributions due on release and the net shares have been transferred to Mr Hoggett.

The share price on release was 172.75 pence per share.

The Notification of Dealing Form 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:

Darren Lennark, Deputy 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	Tony Hoggett
2	Reason for the notification
a)	Position/status	Asia 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	Release of shares from an award granted under the rules of the Tesco PLC Group Bonus Plan on 23 July 2014
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £1.7275	Volume(s) 27,221
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	27,221 £1.7275 £47,024.28
f)	Date of the transaction	2017-07-24
g)	Place of the transaction	Outside a trading venue

 

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