TIDMTSCO

RNS Number : 9708Y

Tesco PLC

18 May 2021

PDMR SHAREHOLDING

18 May 2021

Tesco PLC (the "Company")

Grant of Awards under the Tesco PLC Deferred Bonus Plan 2019 (DBP)

On 17 May 2021, the 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 DBP, the number of shares being calculated using a market price of 227.88 pence per share.

 
 Name of PDMR            No. of shares 
                          subject to award 
 Natasha Adams               105,318 
                       ------------------- 
 Alessandra Bellini          122,871 
                       ------------------- 
 Guus Dekkers                103,124 
                       ------------------- 
 Christine Heffernan         66,921 
                       ------------------- 
 Tony Hoggett                143,715 
                       ------------------- 
 Adrian Morris               109,706 
                       ------------------- 
 Ashwin Prasad               74,544 
                       ------------------- 
 Matt Simister               112,998 
                       ------------------- 
 Jason Tarry                 149,201 
                       ------------------- 
 Andrew Yaxley               116,669 
                       ------------------- 
 

The above awards have been made in the form of conditional shares which will vest and be released on 17 May 2024. subject to continuous employment.

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.

The awards have been granted in respect of deferred bonus for the 2020/21 Financial Year.

The shares awarded contribute towards the shareholding guidelines for Executive Committee members which are set out in the Directors' Remuneration Report of the Tesco PLC Annual Report and Financial Statements 2021.

The Notification of Dealing Forms for each PDMR 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: 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 /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             Grant of conditional shares under the rules of the Tesco PLC Deferred 
                                            Bonus Plan 2019 
     ------------------------------------ 
 c)   Currency                              GBP 
     ------------------------------------  ------------------------------------  ------------------------------------- 
 d)   Price(s) and volume(s)                Price(s)                              Volume(s) 
                                             GBP2.2788                             105,318 
---  ------------------------------------  ------------------------------------  ------------------------------------- 
 e)   Aggregated information 
       - Aggregated volume                    105,318 
       - Aggregated Price                     GBP2.2788 
       - Aggregated Total                     GBP239,998.66 
 f)   Date of the transaction               2021-05-17 
===  ==================================== 
 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             Grant of conditional shares under the rules of the Tesco PLC Deferred 
                                            Bonus Plan 2019 
     ------------------------------------ 
 c)   Currency                              GBP 
     ------------------------------------  ------------------------------------  ------------------------------------- 
 d)   Price(s) and volume(s)                Price(s)                              Volume(s) 
                                             GBP2.2788                             122,871 
---  ------------------------------------  ------------------------------------  ------------------------------------- 
 e)   Aggregated information 
       - Aggregated volume                    122,871 
       - Aggregated Price                     GBP2.2788 
       - Aggregated Total                     GBP279,998.43 
 f)   Date of the transaction               2021-05-17 
===  ==================================== 
 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          Ordinary shares of 6 1/3 pence each 
      instrument, type of instrument 
 
      Identification code                    GB00BLGZ9862 
 b)   Nature of the transaction             Grant of conditional shares under the rules of the Tesco PLC Deferred 
                                            Bonus Plan 2019 
     ------------------------------------ 
 c)   Currency                              GBP 
     ------------------------------------  ------------------------------------  ------------------------------------- 
 d)   Price(s) and volume(s)                Price(s)                              Volume(s) 
                                             GBP2.2788                             103,124 
---  ------------------------------------  ------------------------------------  ------------------------------------- 
 e)   Aggregated information 
       - Aggregated volume                    103,124 
       - Aggregated Price                     GBP2.2788 
       - Aggregated Total                     GBP234,998.97 
 f)   Date of the transaction               2021-05-17 
===  ==================================== 
 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          Ordinary shares of 6 1/3 pence each 
      instrument, type of instrument 
 
      Identification code                    GB00BLGZ9862 
 b)   Nature of the transaction             Grant of conditional shares under the rules of the Tesco PLC Deferred 
                                            Bonus Plan 2019 
     ------------------------------------ 
 c)   Currency                              GBP 
     ------------------------------------  ------------------------------------  ------------------------------------- 
 d)   Price(s) and volume(s)                Price(s)                              Volume(s) 
                                             GBP2.2788                             66,921 
---  ------------------------------------  ------------------------------------  ------------------------------------- 
 e)   Aggregated information 
       - Aggregated volume                    66,921 
       - Aggregated Price                     GBP2.2788 
       - Aggregated Total                     GBP152,499.57 
 f)   Date of the transaction               2021-05-17 
===  ==================================== 
 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             Grant of conditional shares under the rules of the Tesco PLC Deferred 
                                            Bonus Plan 2019 
     ------------------------------------ 
 c)   Currency                              GBP 
     ------------------------------------  ------------------------------------  ------------------------------------- 
 d)   Price(s) and volume(s)                Price(s)                              Volume(s) 
                                             GBP2.2788                             143,715 
---  ------------------------------------  ------------------------------------  ------------------------------------- 
 e)   Aggregated information 
       - Aggregated volume                    143,715 
       - Aggregated Price                     GBP2.2788 
       - Aggregated Total                     GBP327,497.74 
 f)   Date of the transaction               2021-05-17 
===  ==================================== 
 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 5 pence each 
      instrument, type of instrument 
 
      Identification code                    GB0008847096 
 b)   Nature of the transaction             Grant of conditional shares under the rules of the Tesco PLC Deferred 
                                            Bonus Plan 2019 
     ------------------------------------ 
 c)   Currency                              GBP 
     ------------------------------------  ------------------------------------  ------------------------------------- 
 d)   Price(s) and volume(s)                Price(s)                              Volume(s) 
                                             GBP2.2788                             109,706 
---  ------------------------------------  ------------------------------------  ------------------------------------- 
 e)   Aggregated information 
       - Aggregated volume                    109,706 
       - Aggregated Price                     GBP2.2788 
       - Aggregated Total                     GBP249,998.03 
 f)   Date of the transaction               2021-05-17 
===  ==================================== 
 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 5 pence each 
      instrument, type of instrument 
 
      Identification code                    GB0008847096 
 b)   Nature of the transaction             Grant of conditional shares under the rules of the Tesco PLC Deferred 
                                            Bonus Plan 2019 
     ------------------------------------ 
 c)   Currency                              GBP 
     ------------------------------------  ------------------------------------  ------------------------------------- 
 d)   Price(s) and volume(s)                Price(s)                              Volume(s) 
                                             GBP2.2788                             74,544 
---  ------------------------------------  ------------------------------------  ------------------------------------- 
 e)   Aggregated information 
       - Aggregated volume                    74,544 
       - Aggregated Price                     GBP2.2788 
       - Aggregated Total                     GBP169,870.87 
 f)   Date of the transaction               2021-05-17 
===  ==================================== 
 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 5 pence each 
      instrument, type of instrument 
 
      Identification code                    GB0008847096 
 b)   Nature of the transaction             Grant of conditional shares under the rules of the Tesco PLC Deferred 
                                            Bonus Plan 2019 
     ------------------------------------ 
 c)   Currency                              GBP 
     ------------------------------------  ------------------------------------  ------------------------------------- 
 d)   Price(s) and volume(s)                Price(s)                              Volume(s) 
                                             GBP2.2788                             112,998 
---  ------------------------------------  ------------------------------------  ------------------------------------- 
 e)   Aggregated information 
       - Aggregated volume                    112,998 
       - Aggregated Price                     GBP2.2788 
       - Aggregated Total                     GBP257,499.84 
 f)   Date of the transaction               2021-05-17 
===  ==================================== 
 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 5 pence each 
      instrument, type of instrument 
 
      Identification code                    GB0008847096 
 b)   Nature of the transaction             Grant of conditional shares under the rules of the Tesco PLC Deferred 
                                            Bonus Plan 2019 
     ------------------------------------ 
 c)   Currency                              GBP 
     ------------------------------------  ------------------------------------  ------------------------------------- 
 d)   Price(s) and volume(s)                Price(s)                              Volume(s) 
                                             GBP2.2788                             149,201 
---  ------------------------------------  ------------------------------------  ------------------------------------- 
 e)   Aggregated information 
       - Aggregated volume                    149,201 
       - Aggregated Price                     GBP2.2788 
       - Aggregated Total                     GBP339,999.24 
 f)   Date of the transaction               2021-05-17 
     ==================================== 
 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 5 pence each 
      instrument, type of instrument 
 
      Identification code                    GB0008847096 
 b)   Nature of the transaction             Grant of conditional shares under the rules of the Tesco PLC Deferred 
                                            Bonus Plan 2019 
     ------------------------------------ 
 c)   Currency                              GBP 
     ------------------------------------  ------------------------------------  ------------------------------------- 
 d)   Price(s) and volume(s)                Price(s)                              Volume(s) 
                                             GBP2.2788                             116,669 
---  ------------------------------------  ------------------------------------  ------------------------------------- 
 e)   Aggregated information 
       - Aggregated volume                    116,669 
       - Aggregated Price                     GBP2.2788 
       - Aggregated Total                     GBP265,865.32 
 f)   Date of the transaction               2021-05-17 
     ==================================== 
 g)   Place of the transaction              Outside a trading venue 
     ------------------------------------  =========================================================================== 
 

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