RNS Number : 3322H

Tesco PLC

02 December 2020

Tesco PLC

Director/PDMR Shareholding

2 December 2020

Tesco PLC (the "Company") announces that it has been notified of the following transactions in the Company's Ordinary shares of 5 pence each undertaken by Directors / Persons Discharging Managerial Responsibility ("PDMR").

Tesco PLC Share Incentive Plan (The "Plan")

1.  On 27 November 2020, the Trustees of the Plan purchased Ordinary Shares of 5 pence each in the Company under the Plan's Partnership Share Scheme on behalf of the PDMRs as set out below:  

Name of PDMR	Number of shares acquired	Purchase price per share	Date acquired
Alan Stewart	61	£2.2686	27 November 2020
Natasha Adams	9	£2.2686	27 November 2020
Antony Hoggett	22	£2.2686	27 November 2020
Alison Horner	13	£2.2686	27 November 2020
Adrian Morris	61	£2.2686	27 November 2020
Jason Tarry	61	£2.2686	27 November 2020
Andrew Yaxley	61	£2.2686	27 November 2020

2.  On 27 November 2020, the Trustees of the Plan purchased Ordinary shares of 5 pence each in the Company under the Plan's Dividend Re-Investment scheme on behalf of the PDMRs as set out below:  

Name of PDMR	Number of shares	Price per share	Date acquired
Alan Stewart	71	£2.2686	27 November 2020
Natasha Adams	81	£2.2686	27 November 2020
Antony Hoggett	232	£2.2686	27 November 2020
Alison Horner	116	£2.2686	27 November 2020
Adrian Morris	108	£2.2686	27 November 2020
Matthew Simister	108	£2.2686	27 November 2020
Jason Tarry	377	£2.2686	27 November 2020

Dividend Reinvestment Plan ("DRIP")  

3.  The following PDMRs acquired a further interest in the Company's shares as a result of their participation in the Company's Dividend Reinvestment Plan ("DRIP") directly or through a nominee service as set out below:

Name of PDMR	Number of shares	Price per share	Date acquired
Ken Murphy	606	£2.2769	27 November 2020
Alan Stewart	174	£2.2769	27 November 2020
Mikael Olsson	659	£2.2769	27 November 2020
Alison Platt	508	£2.2686	30 November 2020
Natasha Adams	3,758	£2.2769	27 November 2020
Alessandra Bellini	3,112	£2.2769	27 November 2020
Alison Horner	279	£2.2769	27 November 2020
Matthew Simister	2,240	£2.2686	27 November 2020
Jason Tarry	278	£2.2769	27 November 2020
Andrew Yaxley	577	£2.2390	3 July 2020
	288	£2.2769	27 November 2020

Director Shareholding

4.  The following Director acquired a further interest in the Company's shares as a result of their participation in a third party Dividend Reinvestment Plan ("DRIP") as set out below:

Name of PDMR	Number of shares	Price per share	Date acquired
Alan Stewart	740	£2.2740	27 November 2020

The Notification of Dealing Form 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	Ken Murphy
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	Acquisition of shares through the Company's Dividend Reinvestment Plan.
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.2769	Volume(s) 606
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	606 £2.2769 £1,379.80
f)	Date of the transaction	2020-11-27
g)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

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

Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan and the acquisition of shares through: the dividend re-investment element of the Tesco PLC Share Incentive Plan, the Company's Dividend Reinvestment Plan and a third party Dividend Reinvestment Plan.

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s) £2.2686

Volume(s) 61 (Share Incentive Plan purchase)

£2.2686

71 (Share Incentive Plan Dividend Reinvestment)

£2.2769

174 (Dividend Reinvestment)

£2.2740

740 (Third party Dividend Reinvestment)

e)

Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total

61 £2.2686 £138.38

71 £2.2686 £161.07

174 £2.2769 £396.18

740 £2.2740 £1,682.76

f)

Date of the transaction

2020-11-27

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Natasha Adams

2

Reason for the notification

a)

Position/status

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

Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan and the acquisition of shares through: the dividend re-investment element of the Tesco PLC Share Incentive Plan and the Company's Dividend Reinvestment Plan.

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s) £2.2686

Volume(s) 9 (Share Incentive Plan purchase)

£2.2686

81 (Share Incentive Plan Dividend Reinvestment)

£2.2769

3,758 (Dividend Reinvestment)

e)

Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total

9 £2.2686 £20.42

81 £2.2686 £183.76

3,758 £2.2769 £8,556.59

f)

Date of the transaction

2020-11-27

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

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

Acquisition of shares through the Company's Dividend Reinvestment Plan.

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s) £2.2769

Volume(s) 3,112

e)

Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total

3,112 £2.2769 £7,085.71

f)

Date of the transaction

2020-11-27

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name		Antony 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		Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan and the acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan.
c)	Currency		GBP
d)	Price(s) and volume(s)		Price(s) £2.2686				Volume(s) 22 (Share Incentive Plan purchase)
			£2.2686				232 (Share Incentive Plan Dividend Reinvestment)
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total		22 £2.2686 £49.91					232 £2.2686 £526.32
f)	Date of the transaction		2020-11-27
g)	Place of the transaction		London Stock Exchange, Main Market (XLON)
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		Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan and the acquisition of shares through: the dividend re-investment element of the Tesco PLC Share Incentive Plan and the Company's Dividend Reinvestment Plan.
c)	Currency		GBP
d)	Price(s) and volume(s)	Price(s) £2.2686		Volume(s) 13 (Share Incentive Plan purchase)
		£2.2686		116 (Share Incentive Plan Dividend Reinvestment)
		£2.2769		279 (Dividend Reinvestment Plan)
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total		13 £2.2686 £29.49			116 £2.2686 £263.16			279 £2.2769 £635.26
f)	Date of the transaction		2020-11-27
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	Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan and the acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan.
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.2686	Volume(s) 61 (Share Incentive Plan purchase)
		£2.2686	108 (Share Incentive Plan Dividend Reinvestment)
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	61 £2.2686 £138.38	108 £2.2686 £245.01
f)	Date of the transaction	2020-11-27
g)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Matthew Simister

2

Reason for the notification

a)

Position/status

Central Europe CEO

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

Acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan and the Company's Dividend Reinvestment Plan.

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Volume(s)

£2.2686

108 (Share Incentive Plan Dividend Reinvestment)

£2.2686

2,240 (Dividend Reinvestment Plan)

e)

Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total

Share Incentive Plan 108 £2.2686 £245.01

Dividend Reinvestment Plan 2,240 £2.2686 £5,081.66

f)

Date of the transaction

2020-11-27

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

Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan and the acquisition of shares through: the dividend re-investment element of the Tesco PLC Share Incentive Plan, the Company's Dividend Reinvestment Plan and a third party Dividend Reinvestment Plan.

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s) £2.2686

Volume(s) 61 (Share Incentive Plan purchase)

£2.2686

377 (Share Incentive Plan Dividend Reinvestment)

£2.2769

278 (Dividend Reinvestment)

e)

Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total

61 £2.2686 £138.38

377 £2.2686 £855.26

278 £2.2769 £632.98

f)

Date of the transaction

2020-11-27

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

CEO, Booker - Designate

b)

Initial notification /Amendment

Initial Notification

3

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

a)

Name

Tesco PLC

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

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

a)

Description of the financial instrument, type of instrument Identification code

Ordinary shares of 5 pence each GB0008847096

b)

Nature of the transaction

Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan and the Company's Dividend Reinvestment Plan.

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s) £2.2686

Volume(s) 61 (Share Incentive Plan purchase)

£2.2390

577 (Dividend Reinvestment)

£2.2769

288 (Dividend Reinvestment)

e)

Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total

61 £2.2686 £138.38

577 £2.2390 £1,291.90

288 £2.2769 £655.75

f)

Date of the transaction

2020-11-27

2020-07-03

2020-11-27

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Mikael Olsson

2

Reason for the notification

a)

Position/status

Director (Non-executive Director)

b)

Initial notification /Amendment

Initial Notification

3

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

a)

Name

Tesco PLC

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

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

a)

Description of the financial instrument, type of instrument Identification code

Ordinary shares of 5 pence each GB0008847096

b)

Nature of the transaction

Acquisition of shares through the Company's Dividend Reinvestment Plan.

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Volume(s)

£2.2769

659

e)

Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total

659 £2.2769 £1,500.48

f)

Date of the transaction

2020-11-27

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Alison Platt
2	Reason for the notification
a)	Position/status	Director (Non-executive Director)
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Tesco PLC
b)	Legal Entity Identifier	2138002P5RNKC5W2JZ46
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 5 pence each GB0008847096
b)	Nature of the transaction	Acquisition of shares through the Company's Dividend Reinvestment Plan.
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		£2.2686	508
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	508 £2.2686 £1,152.45
f)	Date of the transaction	2020-11-30
g)	Place of the transaction	London Stock Exchange, Main Market (XLON)

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