Director/PDMR Shareholding

RNS Number : 7597J

Tesco PLC

15 April 2020

 

PDMR SHAREHOLDING

15 April 2020

Tesco PLC (the "Company")

Release of shares under the Tesco PLC Performance Share Plan 2011

On 9 April 2020, Gerry Mallon, a member of the Company's Executive Committee, received 9,438 Ordinary shares of 5 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, 4,436 shares have been withheld to cover Income Tax and National Insurance Contributions due on release. T he net shares have been transferred to Gerry and are subject to post-vesting holding period of six months.

The share price on release was 232.00 pence per share.

Purchase of shares

The Company has been notified that on 9 April 2020, the following Director of the Company purchased Ordinary shares of 5 pence each in the Company as set out below:

Name	Number of shares purchased	Purchase price per Ordinary share	Date of purchase
Melissa Bethell	22,098	£2. 2 479	9 April 2020

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]

LEI Number: 2138002P5RNKC5W2JZ46

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 5 pence each GB0008847096
b)	Nature of the transaction	Release of shares awarded under the rules of the Tesco PLC Performance Share Plan 2011
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.320	Volume(s) 9,438
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	9,438 £2.320 £21,896.16
f)	Date of the transaction	2020-04-09
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Melissa Bethell
2	Reason for the notification
a)	Position/status	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	Purchase of Ordinary shares
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2. 2 479	Volume(s) 22,098
e)	Aggregated information - Aggregated Volume - Aggregated Price - Aggregated Total	22,098 £2. 2 479 £49,674.09
f)	Date of the transaction	2020-04-09
g)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

END

 

 

DSHFELFFBZLBBBV