Director/PDMR Shareholding

RNS Number : 3669Q

Tesco PLC

27 June 2022

 

PDMR SHAREHOLDING

27 June 2022

Tesco PLC (the "Company")

1.  Grant of Awards under the Tesco PLC Long-Term Incentive Plan 2021 (the "LTIP")

On 24 June 2022, the Executive Directors and members of the Company's Executive Committee listed below were granted awards over Ordinary Shares of 6 1/3 pence each in the Company under the LTIP.

PDMR	Number of Shares subject to award
Ken Murphy	1,521,455
Imran Nawaz	731,462
Natasha Adams	473,446
Alessandra Bellini	527,555
Guus Dekkers	477,955
Christine Heffernan	306,613
Gerry Mallon	270,517
Adrian Morris	473,446
Ashwin Prasad	450,901
Matt Simister	482,464
Jason Tarry	631,262
Emma Taylor	360,721
Andrew Yaxley	532,064

The above awards have been made in the form of conditional shares which will vest on 24 June 2025 subject to the achievement of the Earnings Per Share, Free Cash Flow and ESG performance targets over the performance period, as outlined in the Directors' Remuneration Report of the Tesco PLC Annual Report and Financial Statements 2022. 

For the awards to Ken Murphy and Imran Nawaz, the vested shares will be subject to a post-vesting holding period of two years from the vesting date.

Except for the award to Gerry Mallon, the numbers of shares have been calculated using a market price of 249.5 pence per share.  For any dividends paid in the period between 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.

For CRDV banking regulatory purposes, the number of shares awarded to Gerry Mallon will not be increased to reflect any dividends paid to shareholders in the period between the grant and release of conditional shares.  However, a discount has been applied to the market price of 249.5 pence per share when calculating the number of shares under Gerry's award to reflect the absence of dividend equivalents during the vesting period.

2. Tesco PLC Share Incentive Plan (the "Plan")

The Company has been notified that on 24 June 2022, the Trustees of the Plan purchased Ordinary shares of 6⅓ 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
Ken Murphy	15	£2.53374	24 June 2022
Guus Dekkers	85	£2.53374	24 June 2022
Adrian Morris	285	£2.53374	24 June 2022
Ashwin Prasad	119	£2.53374	24 June 2022
Matthew Simister	249	£2.53374	24 June 2022
Jason Tarry	903	£2.53374	24 June 2022
Emma Taylor	227	£2.53374	24 June 2022
Andrew Yaxley	440	£2.53374	24 June 2022

3. 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	1,395	£2.53374	24 June 2022
Imran Nawaz	8,727	£2.53374	24 June 2022
Natasha Adams	8,645	£2.53374	24 June 2022
Guus Dekkers	1,725	£2.53374	24 June 2022
Christine Heffernan	2,703	£2.53374	24 June 2022
Gerry Mallon	1,632	£2.53374	24 June 2022
Jason Tarry	5,244	£2.53374	24 June 2022
Emma Taylor	5,747	£2.53374	24 June 2022
Stewart Gilliland	891	£2.53	24 June 2022
	594*	£2.53	24 June 2022

* Shares held in the joint names of Stewart Gilliland and his wife, Michelle Gilliland.

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	Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.495	Volume(s) 1,521,455
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	1,521,455 £2.495 £3,796,030.23
f)	Date of the transaction	2022-06-24
g)	Place of the transaction	Outside a trading venue

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	Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.495	Volume(s) 731,462
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	731,462 £2.495 £1,824,997.69
f)	Date of the transaction	2022-06-24
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Natasha Adams
2	Reason for the notification
a)	Position/status	CEO, ROI
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	Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.495	Volume(s) 473,446
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	473,446 £2.495 £1,181,247.77
f)	Date of the transaction	2022-06-24
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 6 1/3 pence each GB00BLGZ9862
b)	Nature of the transaction	Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.495	Volume(s) 527,555
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	527,555 £2.495 £1,316,249.73
f)	Date of the transaction	2022-06-24
g)	Place of the transaction	Outside a trading venue

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	Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.495	Volume(s) 477,955
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	477,955 £2.495 £1,192,497.73
f)	Date of the transaction	2022-06-24
g)	Place of the transaction	Outside a trading venue

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	Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.495	Volume(s) 306,613
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	306,613 £2.495 £764,999.44
f)	Date of the transaction	2022-06-24
g)	Place of the transaction	Outside a trading venue

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	Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.495	Volume(s) 270,517
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	270,517 £2.495 £674,939.92
f)	Date of the transaction	2022-06-24
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 6 1/3 pence each GB00BLGZ9862
b)	Nature of the transaction	Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.495	Volume(s) 473,446
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	473,446 £2.495 £1,181,247.77
f)	Date of the transaction	2022-06-24
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Ashwin Prasad
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 6 1/3 pence each GB00BLGZ9862
b)	Nature of the transaction	Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.495	Volume(s) 450,901
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	450,901 £2.495 £1,124,998.00
f)	Date of the transaction	2022-06-24
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 6 1/3 pence each GB00BLGZ9862
b)	Nature of the transaction	Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.495	Volume(s) 482,464
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	482,464 £2.495 £1,203,747.68
f)	Date of the transaction	2022-06-24
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	CEO, UK and ROI
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	Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.495	Volume(s) 631,262
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	631,262 £2.495 £1,574,998.69
f)	Date of the transaction	2022-06-24
g)	Place of the transaction	Outside a trading venue

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	Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.495	Volume(s) 360,721
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	360,721 £2.495 £899,998.90
f)	Date of the transaction	2022-06-24
g)	Place of the transaction	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	Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.495	Volume(s) 532,064
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	532,064 £2.495 £1,327,499.68
f)	Date of the transaction	2022-06-24
g)	Place of the transaction	Outside a trading venue

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 6⅓ pence each GB0008847096
b)	Nature of the transaction	The acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan (SIP DRIP) and the Company's Dividend Reinvestment Plan (DRIP).
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.53374	Volume(s) 15 (SIP DRIP)
		£2.53374	1,395 (DRIP)
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	SIP DRIP 15 £2.53374 £38.01	DRIP 1,395 £2.53374 £3,534.57
f)	Date of the transaction	2022-06-24
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	Group 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 6⅓ pence each GB0008847096
b)	Nature of the transaction	The acquisition of shares through the Company's Dividend Reinvestment Plan.
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.53374	Volume(s) 8,727
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	8,727 £2.53374 £22,111.95
f)	Date of the transaction	2022-06-24
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, ROI
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 6⅓ pence each GB0008847096
b)	Nature of the transaction	The acquisition of shares through the Company's Dividend Reinvestment Plan.
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.53374	Volume(s) 8,645
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	8,645 £2.53374 £21,904.18
f)	Date of the transaction	2022-06-24
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 6⅓ pence each GB0008847096
b)	Nature of the transaction	The acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan (SIP DRIP) and the Company's Dividend Reinvestment Plan (DRIP).
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.53374	Volume(s) 85 (SIP DRIP)
		£2.53374	1,725 (DRIP)
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	SIP DRIP 85 £2.53374 £215.37	DRIP 1,725 £2.53374 £4,370.70
f)	Date of the transaction	2022-06-24
g)	Place of the transaction	London Stock Exchange, Main Market (XLON)

Details of the person discharging managerial responsibilities/person closely associated
Name	Christine Heffernan
Reason for the notification
Position/status	Group Communications Director
Initial notification /Amendment	Initial Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	Tesco PLC
Legal Entity Identifier	2138002P5RNKC5W2JZ46
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
Description of the financial instrument, type of instrument Identification code	Ordinary shares of 6⅓ pence each GB0008847096
Nature of the transaction	The acquisition of shares through the Company's Dividend Reinvestment Plan.
Currency	GBP
Price(s) and volume(s)	Price(s) £2.53374	Volume(s) 2,703
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	2,703 £2.53374 £6,848.70
Date of the transaction	2022-06-24
Place of the transaction	London Stock Exchange, Main Market (XLON)

Details of the person discharging managerial responsibilities/person closely associated
Name	Adrian Morris
Reason for the notification
Position/status	Group General Counsel
Initial notification /Amendment	Initial Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	Tesco PLC
Legal Entity Identifier	2138002P5RNKC5W2JZ46
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
Description of the financial instrument, type of instrument Identification code	Ordinary shares of 6⅓ pence each GB0008847096
Nature of the transaction	The acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan.
Currency	GBP
Price(s) and volume(s)	Price(s) £2.53374	Volume(s) 285
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	285 £2.53374 £722.12
Date of the transaction	2022-06-24
Place of the transaction	London Stock Exchange, Main Market (XLON)

Details of the person discharging managerial responsibilities/person closely associated
Name	Ashwin Prasad
Reason for the notification
Position/status	Chief Product Officer
Initial notification /Amendment	Initial Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	Tesco PLC
Legal Entity Identifier	2138002P5RNKC5W2JZ46
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
Description of the financial instrument, type of instrument Identification code	Ordinary shares of 6⅓ pence each GB0008847096
Nature of the transaction	The acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan.
Currency	GBP
Price(s) and volume(s)	Price(s) £2.53374	Volume(s) 119
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	119 £2.53374 £301.52
Date of the transaction	2022-06-24
Place of the transaction	London Stock Exchange, Main Market (XLON)

Details of the person discharging managerial responsibilities/person closely associated
Name	Matthew Simister
Reason for the notification
Position/status	Central Europe CEO
Initial notification /Amendment	Initial Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	Tesco PLC
Legal Entity Identifier	2138002P5RNKC5W2JZ46
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
Description of the financial instrument, type of instrument Identification code	Ordinary shares of 6⅓ pence each GB0008847096
Nature of the transaction	The acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan.
Currency	GBP
Price(s) and volume(s)	Price(s) £2.53374	Volume(s) 249
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	249 £2.53374 £630.90
Date of the transaction	2022-06-24
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	CEO UK and ROI
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 6⅓ pence each GB0008847096
b)	Nature of the transaction	The acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan (SIP DRIP) and the Company's Dividend Reinvestment Plan (DRIP).
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.53374	Volume(s) 903 (SIP DRIP)
		£2.53374	5,244 (DRIP)
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	SIP DRIP 903 £2.53374 £2,287.97	DRIP 5,244 £2.53374 £13,286.93
f)	Date of the transaction	2022-06-24
g)	Place of the transaction	London Stock Exchange, Main Market (XLON)

Details of the person discharging managerial responsibilities/person closely associated
Name	Gerry Mallon
Reason for the notification
Position/status	Chief Executive, Tesco Bank
Initial notification /Amendment	Initial Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	Tesco PLC
Legal Entity Identifier	2138002P5RNKC5W2JZ46
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
Description of the financial instrument, type of instrument Identification code	Ordinary shares of 6⅓ pence each GB0008847096
Nature of the transaction	The acquisition of shares through the Company's Dividend Reinvestment Plan.
Currency	GBP
Price(s) and volume(s)	Price(s) £2.53374	Volume(s) 1,632
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	1,632 £2.53374 £4,135.06
Date of the transaction	2022-06-24
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 6⅓ pence each GB0008847096
b)	Nature of the transaction	The acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan (SIP DRIP) and the Company's Dividend Reinvestment Plan (DRIP).
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.53374	Volume(s) 227 (SIP DRIP)
		£2.53374	5,747 (DRIP)
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	SIP DRIP 227 £2.53374 £575.16	DRIP 5,747 £2.53374 £14,561.40
f)	Date of the transaction	2022-06-24
g)	Place of the transaction	London Stock Exchange, Main Market (XLON)

Details of the person discharging managerial responsibilities/person closely associated
Name	Andrew Yaxley
Reason for the notification
Position/status	CEO Booker
Initial notification /Amendment	Initial Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	Tesco PLC
Legal Entity Identifier	2138002P5RNKC5W2JZ46
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
Description of the financial instrument, type of instrument Identification code	Ordinary shares of 6⅓ pence each GB0008847096
Nature of the transaction	The acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan.
Currency	GBP
Price(s) and volume(s)	Price(s) £2.53374	Volume(s) 440
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	440 £2.53374 £1,114.85
Date of the transaction	2022-06-24
Place of the transaction	London Stock Exchange, Main Market (XLON)

Details of the person discharging managerial responsibilities/person closely associated
Name		Stewart Gilliland Michelle Gilliland (person closely associated with Stewart Gilliland)
Reason for the notification
Position/status		Non-executive Director
Initial notification /Amendment		Initial Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name		Tesco PLC
Legal Entity Identifier		2138002P5RNKC5W2JZ46
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
Description of the financial instrument, type of instrument Identification code		Ordinary shares of 6⅓ pence each GB0008847096
Nature of the transaction		The acquisition of shares through the Company's Dividend Reinvestment Plan.
Currency		GBP
Price(s) and volume(s)		Price(s)	Volume(s)
	Stewart Gilliland	£2.53	891
	Stewart and Michelle Gilliland	£2.53	594
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total		Stewart Gilliland 891 £2.53 £2,254.23	Stewart and Michelle Gilliland 594 £2.53 £1,502.82
Date of the transaction		2022-06-24
Place of the transaction		London Stock Exchange, Main Market (XLON)

 

END

 

 

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