TIDMTSCO

RNS Number : 2132Y

Tesco PLC

11 May 2021

PDMR SHAREHOLDING

11 May 2021

Tesco PLC (the "Company")

Release of shares from the Tesco PLC Group Bonus Plan (GBP)

On 10 May 2021, the members of the Company's Executive Committee listed below received the following Ordinary shares of 6 1/3 pence each in the Company upon their release from share awards granted on 9 May 2018 under the rules of the GBP:

 
 Name of PDMR          No. of shares   No. of      No. of 
                        released        shares      net shares 
                                        withheld 
 Natasha Adams            69,188        32,519       36,669 
                      --------------  ----------  ------------ 
 Alessandra Bellini       74,557        35,042       39,515 
                      --------------  ----------  ------------ 
 Tony Hoggett             169,460       79,647       89,813 
                      --------------  ----------  ------------ 
 Adrian Morris            162,654       76,448       86,206 
                      --------------  ----------  ------------ 
 Ashwin Prasad            66,778        31,386       35,392 
                      --------------  ----------  ------------ 
 Matt Simister            147,966       69,545       78,421 
                      --------------  ----------  ------------ 
 Jason Tarry              184,097       86,526       97,571 
                      --------------  ----------  ------------ 
 Andrew Yaxley            121,532       57,121       64,411 
                      --------------  ----------  ------------ 
 

The numbers of shares released represent the gross number of shares including dividend equivalent shares which have accrued between grant and release . As shown above, shares have been withheld to cover Income Tax and National Insurance Contributions due on release and the net shares have been transferred to the PDMRs.

The share price on release was 230.00 pence per share.

Sale of Ordinary shares

The Company has been notified that on 10 May 2021, the following members of the Company's Executive Committee sold Ordinary shares of 6 1/3 pence each in the Company as set out below:

 
 Name            No. of    Sale price    Date of sale 
                  shares    per share 
                  sold 
 Natasha Adams   36,669    227.8 pence   10 May 2021 
                --------  ------------  ------------- 
 Tony Hoggett    89,813    227.8 pence   10 May 2021 
                --------  ------------  ------------- 
 Matt Simister   78,421    227.8 pence   10 May 2021 
                --------  ------------  ------------- 
 

The Notification of Dealing Forms for each PDMR can be found below. This announcement is made in accordance with Article 19 of the Market Abuse 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: 07793 222569

LEI Number: 2138002P5RNKC5W2JZ46

 
 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                        Initial Notification 
       /Amendment 
     ------------------------------------------ 
 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                Ordinary shares of 6 1/3 pence each 
       instrument, type of 
       instrument 
                                                   GB00BLGZ9862 
       Identification code 
 b)   Nature of the transaction                   Release of shares from awards granted 
                                                   under the rules of the Tesco PLC Group 
                                                   Bonus Plan on 9 May 2018 
     ------------------------------------------ 
 c)   Currency                                    GBP 
     ------------------------------------------  --------------------  -------------------- 
 d)   Price(s) and volume(s)                      Price(s)              Volume(s) 
                                                   GBP2.30               69,188 
---  ------------------------------------------  --------------------  -------------------- 
 e)   Aggregated information 
       - Aggregated volume                          69,188 
       - Aggregated Price                           GBP2.30 
       - Aggregated Total                           GBP159,132.40 
 f)   Date of the transaction                     2021-05-10 
     ========================================== 
 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          Ordinary shares of 6 1/3 pence each 
      instrument, type of instrument 
 
      Identification code                    GB00BLGZ9862 
 b)   Nature of the transaction             Release of shares from awards granted under the rules of the Tesco PLC 
                                            Group Bonus Plan on 
                                            9 May 2018 
     ------------------------------------ 
 c)   Currency                              GBP 
     ------------------------------------  ------------------------------------  ------------------------------------- 
 d)   Price(s) and volume(s)                Price(s)                              Volume(s) 
                                             GBP2.30                               74,557 
---  ------------------------------------  ------------------------------------  ------------------------------------- 
 e)   Aggregated information 
       - Aggregated volume                    74,557 
       - Aggregated Price                     GBP2.30 
       - Aggregated Total                     GBP171,481.10 
 f)   Date of the transaction               2021-05-10 
===  ==================================== 
 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                               Chief Strategy and Innovation 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                  Ordinary shares of 6 1/3 pence each 
       instrument, type of instrument 
 
       Identification code                           GB00BLGZ9862 
 b)   Nature of the transaction                     Release of shares from awards granted 
                                                     under the rules of the Tesco PLC 
                                                     Group Bonus Plan on 9 May 2018 
     -------------------------------------------- 
 c)   Currency                                      GBP 
     --------------------------------------------  -------------------  ------------------- 
 d)   Price(s) and volume(s)                        Price(s)             Volume(s) 
                                                     GBP2.30              169,460 
---  --------------------------------------------  -------------------  ------------------- 
 e)   Aggregated information 
       - Aggregated volume                            169,460 
       - Aggregated Price                             GBP2.30 
       - Aggregated Total                             GBP389,758.00 
 f)   Date of the transaction                       2021-05-10 
     ============================================ 
 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          Ordinary shares of 6 1/3 pence each 
      instrument, type of instrument 
 
      Identification code                    GB00BLGZ9862 
 b)   Nature of the transaction             Release of shares from awards granted under the rules of the Tesco PLC 
                                            Group Bonus Plan on 
                                            9 May 2018 
     ------------------------------------ 
 c)   Currency                              GBP 
     ------------------------------------  ------------------------------------  ------------------------------------- 
 d)   Price(s) and volume(s)                Price(s)                              Volume(s) 
                                             GBP2.30                               162,654 
---  ------------------------------------  ------------------------------------  ------------------------------------- 
 e)   Aggregated information 
       - Aggregated volume                    162,654 
       - Aggregated Price                     GBP2.30 
       - Aggregated Total                     GBP374,104.20 
 f)   Date of the transaction               2021-05-10 
===  ==================================== 
 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          Ordinary shares of 6 1/3 pence each 
      instrument, type of instrument 
 
      Identification code                    GB00BLGZ9862 
 b)   Nature of the transaction             Release of shares from awards granted under the rules of the Tesco PLC 
                                            Group Bonus Plan on 
                                            9 May 2018 
     ------------------------------------ 
 c)   Currency                              GBP 
     ------------------------------------  ------------------------------------  ------------------------------------- 
 d)   Price(s) and volume(s)                Price(s)                              Volume(s) 
                                             GBP2.30                               66,778 
---  ------------------------------------  ------------------------------------  ------------------------------------- 
 e)   Aggregated information 
       - Aggregated volume                    66,778 
       - Aggregated Price                     GBP2.30 
       - Aggregated Total                     GBP153,589.40 
 f)   Date of the transaction               2021-05-10 
===  ==================================== 
 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          Ordinary shares of 6 1/3 pence each 
      instrument, type of instrument 
 
      Identification code                    GB00BLGZ9862 
 b)   Nature of the transaction             Release of shares from awards granted under the rules of the Tesco PLC 
                                            Group Bonus Plan on 
                                            9 May 2018 
     ------------------------------------ 
 c)   Currency                              GBP 
     ------------------------------------  ------------------------------------  ------------------------------------- 
 d)   Price(s) and volume(s)                Price(s)                              Volume(s) 
                                             GBP2.30                               147,966 
---  ------------------------------------  ------------------------------------  ------------------------------------- 
 e)   Aggregated information 
       - Aggregated volume                    147,966 
       - Aggregated Price                     GBP2.30 
       - Aggregated Total                     GBP340,321.80 
 f)   Date of the transaction               2021-05-10 
===  ==================================== 
 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          Ordinary shares of 6 1/3 pence each 
      instrument, type of instrument 
 
      Identification code                    GB00BLGZ9862 
 b)   Nature of the transaction             Release of shares from awards granted under the rules of the Tesco PLC 
                                            Group Bonus Plan on 
                                            9 May 2018 
     ------------------------------------ 
 c)   Currency                              GBP 
     ------------------------------------  ------------------------------------  ------------------------------------- 
 d)   Price(s) and volume(s)                Price(s)                              Volume(s) 
                                             GBP2.30                               184,097 
---  ------------------------------------  ------------------------------------  ------------------------------------- 
 e)   Aggregated information 
       - Aggregated volume                    184,097 
       - Aggregated Price                     GBP2.30 
       - Aggregated Total                     GBP423,423.10 
 f)   Date of the transaction               2021-05-10 
     ==================================== 
 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                  Ordinary shares of 6 1/3 pence each 
       instrument, type of instrument 
 
       Identification code                           GB00BLGZ9862 
 b)   Nature of the transaction                     Release of shares from awards granted 
                                                     under the rules of the Tesco PLC 
                                                     Group Bonus Plan on 9 May 2018 
     -------------------------------------------- 
 c)   Currency                                      GBP 
     --------------------------------------------  -------------------  ------------------- 
 d)   Price(s) and volume(s)                        Price(s)             Volume(s) 
                                                     GBP2.30              121,532 
---  --------------------------------------------  -------------------  ------------------- 
 e)   Aggregated information 
       - Aggregated volume                            121,532 
       - Aggregated Price                             GBP2.30 
       - Aggregated Total                             GBP279,523.60 
 f)   Date of the transaction                       2021-05-10 
     ============================================ 
 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                            Chief People Officer 
     ========================================= 
 b)   Initial notification                       Initial Notification 
       /Amendment 
     ----------------------------------------- 
 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               Ordinary shares of 6 1/3 pence each 
       instrument, type of 
       instrument 
                                                  GB00BLGZ9862 
       Identification code 
 b)   Nature of the transaction                  Sale of Ordinary shares 
     ----------------------------------------- 
 c)   Currency                                   GBP 
     -----------------------------------------  ---------------------  --------------------- 
 d)   Price(s) and volume(s)                     Price(s)               Volume(s) 
                                                  GBP2.278               36,669 
---  -----------------------------------------  ---------------------  --------------------- 
 e)   Aggregated information 
       - Aggregated volume                         36,669 
       - Aggregated Price                          GBP2.278 
       - Aggregated Total                          GBP83,531.98 
 f)   Date of the transaction                    2021-05-10 
     ========================================= 
 g)   Place of the transaction                   London Stock Exchange, Main Market (XLON) 
     -----------------------------------------  ============================================ 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                                         Tony Hoggett 
 2    Reason for the notification 
 a)   Position/status                              Chief Strategy and Innovation 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                 Ordinary shares of 6 1/3 pence each 
       instrument, type of instrument 
 
       Identification code                          GB00BLGZ9862 
 b)   Nature of the transaction                    Sale of Ordinary shares 
     ------------------------------------------- 
 c)   Currency                                     GBP 
     -------------------------------------------  -------------------  ------------------- 
 d)   Price(s) and volume(s)                       Price(s)             Volume(s) 
                                                    GBP2.278             89,813 
---  -------------------------------------------  -------------------  ------------------- 
 e)   Aggregated information 
       - Aggregated volume                           89,813 
       - Aggregated Price                            GBP2.278 
       - Aggregated Total                            GBP204,594.01 
 f)   Date of the transaction                      2021-05-10 
     =========================================== 
 g)   Place of the transaction                     London Stock Exchange, Main Market 
                                                    (XLON) 
     -------------------------------------------  ======================================== 
 
 
 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                                Ordinary shares of 6 1/3 pence each 
       instrument, type of instrument 
 
       Identification code                                         GB00BLGZ9862 
 b)   Nature of the transaction                                   Sale of Ordinary shares 
     ---------------------------------------------------------- 
 c)   Currency                                                    GBP 
     ----------------------------------------------------------  -------------------  ----------------- 
 d)   Price(s) and volume(s)                                      Price(s)             Volume(s) 
                                                                   GBP2.278             78,421 
---  ----------------------------------------------------------  -------------------  ----------------- 
 e)   Aggregated information 
       - Aggregated volume                                          78,421 
       - Aggregated Price                                           GBP2.278 
       - Aggregated Total                                           GBP178,643.04 
 f)   Date of the transaction                                     2021-05-10 
===  ========================================================== 
 g)   Place of the transaction                                    London Stock Exchange, Main Market 
                                                                   (XLON) 
===  ----------------------------------------------------------  ====================================== 
 

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