logo-loader
RNS
viewTesco PLC

Tesco PLC - Director/PDMR Shareholding

RNS Number : 6969M
Tesco PLC
13 May 2020
 

PDMR SHAREHOLDING

13 May 2020

 

Tesco PLC (the "Company")

 

Grant of Awards under the Tesco PLC Deferred Bonus Plan 2019

 

On 12 May 2020, the members of the Company's Executive Committee listed below were granted awards over Ordinary Shares of 5 pence each in the Company under the Tesco PLC Deferred Bonus Plan 2019, the number of shares being calculated using a market price of 235.58 pence per share.

 

No. of shares subject to award

Dave Lewis

503,411

Alan Stewart

273,633

Natasha Adams

139,269

Alessandra Bellini

158,909

Christine Heffernan

89,767

Tony Hoggett

202,691

Alison Horner

155,752

Gerry Mallon

101,215

Adrian Morris

155,126

Matt Simister

145,173

Jason Tarry

201,082

Charles Wilson

177,689

Andrew Yaxley

166,185

 

The above awards have been made in the form of conditional shares which will vest and be released on 12 May 2023. subject to continuous employment with the exception of the award made to Dave Lewis.  The Company's Remuneration Committee has approved good leaver status for Dave Lewis.  Accordingly, his award will vest and be released on 12 May 2023

 

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 the annual deferred bonus for the 2019/20 Financial Year. 

 

The shares awarded contribute towards the shareholding guidelines for Executive Directors and Executive Committee members which are set out in the Directors' Remuneration Report of the Tesco PLC Annual Report and Financial Statements 2020 ("Directors' Remuneration Report"). 



 

Release of shares and exercise of nil-cost options from the Tesco PLC Group Bonus Plan (the "GBP"), the Tesco PLC Performance Share Plan 2011 (the "PSP") and the Tesco PLC Long Term Incentive Plan 2015 (the "LTIP")

 

On 11 May 2020, the members of the Company's Executive Committee listed below received the following Ordinary shares of 5 pence each in the Company upon their release from share awards, or the exercise of nil-cost options, granted under the GBP, PSP and LTIP:

 

No. of shares released (GBP)1

No. of shares released (PSP)1

No. of shares withheld

No. of net shares


Natasha Adams

111,127

128,174

112,472

126,829


Alessandra Bellini

0

256,348

120,484

135,864


Christine Heffernan

25,846

15,796

19,572

22,070


Andrew Yaxley

185,644

184,304

173,876

196,072








No. of shares exercised (GBP)2

No. of shares exercised (PSP)2

No. of shares exercised (LTIP)3

No. of shares withheld

No. of net shares

Tony Hoggett

213,078

362,094

0

270,331

304,841

Adrian Morris

72,350

0

247,650

150,400

169,600

Matt Simister

0

160,000

0

75,200

84,800

Jason Tarry

237,809

368,502

0

284,967

321,344

1. The shares released were granted on 11 May 2017 with the exception of GBP shares released to Christine Heffernan which were granted on 9 May 2018.

2. The shares exercised were granted on 11 May 2017 with the exception of GBP shares exercised by Adrian Morris which were granted on 12 May 2016.

3. The shares exercised were granted on 24 July 2015.

 

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

 

The share price on release/exercise was 238.10 pence per share.

 



 

 

The Company has been notified that on 11 May 2020, the following members of the Company's Executive Committee sold Ordinary shares of 5 pence each in the Company as set out below:

 

Name

No. of shares sold

Sale price per share (pence)

Date of sale

Natasha Adams

126,829

237.0764

11 May 2020

Tony Hoggett

304,841

237.0764

11 May 2020

Adrian Morris

169,600

237.60

11 May 2020

Matt Simister

84,800

237.60

11 May 2020

Jason Tarry

321,344

237.60

11 May 2020

Andrew Yaxley

97,681

237.0764

11 May 2020

 

The Notification of Dealing Forms for each PDMR can be found below.  This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014. 

 

For enquiries, please contact:

 

Robert Welch, Company Secretary

Tesco PLC

Tesco House

Shire Park

Kestrel Way

Welwyn Garden City

Hertfordshire

AL7 1GA

Tel: 07793 222569

LEI Number: 2138002P5RNKC5W2JZ46

 


1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Dave Lewis

2

Reason for the notification

a)

Position/status

Group Chief Executive

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC 

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

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)

£2.3558

Volume(s)

503,411

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

503,411

£2.3558

£1,185,935.60

f)

Date of the transaction

2020-05-12

g)

Place of the transaction

Outside a trading venue



 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Alan Stewart

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 5 pence each

 

 

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)

£2.3558

Volume(s)

273,633

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

273,633

£2.3558

£644,624.62

f)

Date of the transaction

2020-05-12

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 /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC 

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

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)

£2.3558

Volume(s)

139,269

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

139,269

£2.3558

£328,089.91

f)

Date of the transaction

2020-05-12

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 5 pence each

 

 

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)

£2.3558

Volume(s)

158,909

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

158,909

£2.3558

£374,357.82

f)

Date of the transaction

2020-05-12

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 5 pence each

 

 

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)

£2.3558

Volume(s)

89,767

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

89,767

£2.3558

£211,473.10

f)

Date of the transaction

2020-05-12

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

Group Chief Operations 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 5 pence each

 

 

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)

£2.3558

Volume(s)

202,691

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

202,691

£2.3558

£477,499.46

f)

Date of the transaction

2020-05-12

g)

Place of the transaction

Outside a trading venue



 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Alison Horner

2

Reason for the notification

a)

Position/status

CEO Asia

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC 

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

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)

£2.3558

Volume(s)

155,752

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

155,752

£2.3558

£366,920.56

f)

Date of the transaction

2020-05-12

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 5 pence each

 

 

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)

£2.3558

Volume(s)

101,215

e)

Aggregated information

- Aggregated Volume

- Aggregated Price

- Aggregated Total

 

101,215

£2.3558

£238,442.30

f)

Date of the transaction

2020-05-12

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 5 pence each

 

 

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)

£2.3558

Volume(s)

155,126

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

155,126

£2.3558

£365,445.83

f)

Date of the transaction

2020-05-12

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 5 pence each

 

 

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)

£2.3558

Volume(s)

145,173

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

145,173

£2.3558

£341,998.55

f)

Date of the transaction

2020-05-12

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 5 pence each

 

 

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)

£2.3558

Volume(s)

201,082

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

201,082

£2.3558

£473,708.98

f)

Date of the transaction

2020-05-12

g)

Place of the transaction

Outside a trading venue

 



 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Charles Wilson

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 5 pence each

 

 

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)

£2.3558

Volume(s)

177,689

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

177,689

£2.3558

£418,599.75

f)

Date of the transaction

2020-05-12

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

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 5 pence each

 

 

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)

£2.3558

Volume(s)

166,185

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

166,185

£2.3558

£391,498.62

f)

Date of the transaction

2020-05-12

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 /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC 

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Release of shares from awards granted under the rules of the Tesco PLC Group Bonus Plan (GBP) and Tesco PLC Performance Share Plan 2011 (PSP) both on 11 May 2017

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.381

 

£2.381

Volume(s)

 (GBP) 111,127

 (PSP) 128,174

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

239,301

£2.381

£569,775.68

f)

Date of the transaction

2020-05-11

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 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Release of shares from awards granted under the rules of the Tesco PLC Performance Share Plan 2011 (PSP) on 11 May 2017

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.381

Volume(s)

256,348

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

256,348

£2.381

£610,364.59

f)

Date of the transaction

2020-05-11

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 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Release of shares from awards granted under the rules of the Tesco PLC Group Bonus Plan (GBP) on 9 May 2018 and Tesco PLC Performance Share Plan 2011 (PSP) on 11 May 2017

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.381

 

£2.381

Volume(s)

 (GBP) 25,846

 (PSP) 15,796

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

41,642

£2.381

£99,149.60

f)

Date of the transaction

2020-05-11

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

Group Chief Operations 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 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Exercise of nil cost options granted under the rules of the Tesco PLC Group Bonus Plan (GBP) and Tesco PLC Performance Share Plan 2011 (PSP) both on 11 May 2017

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.381

 

£2.381

Volume(s)

 (GBP) 213,078

 (PSP) 362,094

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

575,172

£2.381

£1,369,484.53

f)

Date of the transaction

2020-05-11

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 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Exercise of nil cost options granted under the rules of the Tesco PLC Group Bonus Plan (GBP) on 12 May 2016 and Tesco PLC Long Term Incentive Plan 2015 (LTIP) on 24 July 2015

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.381

 

£2.381

Volume(s)

(GBP) 72,350

(LTIP) 247,650

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

320,000

£2.381

£761,920.00

f)

Date of the transaction

2020-05-11

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 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Exercise of nil cost options granted under the rules of the Tesco PLC Performance Share Plan 2011 (PSP) on 11 May 2017

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.381

Volume(s)

160,000

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

160,000

£2.381

£380,960.00

f)

Date of the transaction

2020-05-11

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 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Exercise of nil cost options granted under the rules of the Tesco PLC Group Bonus Plan (GBP) and Tesco PLC Performance Share Plan 2011 (PSP) both on 11 May 2017

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.381

 

£2.381

Volume(s)

(GBP) 237,809

(PSP) 368,502

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

606,381

£2.381

£1,443,626.49

f)

Date of the transaction

2020-05-11

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

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 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Release of shares from awards granted under the rules of the Tesco PLC Group Bonus Plan (GBP) and Tesco PLC Performance Share Plan 2011 (PSP) both on 11 May 2017

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.381

 

£2.381

Volume(s)

 (GBP) 185,644

 (PSP) 184,304

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

369,948

£2.381

£880,846.19

f)

Date of the transaction

2020-05-11

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 /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC 

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Sale of Ordinary shares

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.370764

Volume(s)

126,829

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

126,829

£2.370764

£300,681.63

f)

Date of the transaction

2020-05-11

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

Group Chief Operations 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 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Sale of Ordinary shares

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.370764

Volume(s)

304,841

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

304,841

£2.370764

£722,706.07

f)

Date of the transaction

2020-05-11

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 



 

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 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Sale of Ordinary shares

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.376

Volume(s)

169,600

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

169,600

£2.376

£402,969.60

f)

Date of the transaction

2020-05-11

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 instrument, type of instrument

 

Identification code

 

Ordinary shares of 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Sale of Ordinary shares

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.376

Volume(s)

84,800

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

84,800

£2.376

£201,484.80

f)

Date of the transaction

2020-05-11

g)

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 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Sale of Ordinary shares

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.376

Volume(s)

321,344

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

321,344

£2.376

£763,513.34

f)

Date of the transaction

2020-05-11

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)



 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Andrew Yaxley

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 5 pence each

 

 

GB0008847096

b)

Nature of the transaction

Sale of Ordinary shares

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.370764

Volume(s)

97,681

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

97,681

£2.370764

£231,578.60

f)

Date of the transaction

2020-05-11

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
DSHKLLFFBELBBBD

Quick facts: Tesco PLC

Price: 215.9

Market: LSE
Market Cap: £21.14 billion
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE