PDMR SHAREHOLDING
4 November 2025
Tesco PLC (the "Company")
Release of shares under the Tesco PLC Performance Share Plan 2011
On 31 October 2025, Ashwin Prasad, a member of the Company's Executive Committee, received 271,709 Ordinary shares of 6⅓ pence each in the Company upon their release from a share award granted under the rules of the Tesco PLC Long-Term Incentive Plan 2021 on 3 July 2023.
This represents the gross number of shares released including dividend equivalent shares which have accrued between grant and vesting. Of those shares released, 127,704 shares have been withheld to cover Income Tax and National Insurance Contributions due on release.
The share price on release was £4.594 per share.
Sale of Ordinary shares
The Company has been notified that on 31 October 2025, Ashwin Prasad, a member of the Company's Executive Committee, sold Ordinary shares of 6⅓ pence each in the Company as set out below:
| Number of Ordinary shares sold |
Sale price per Ordinary share |
| 144,005 |
£4.621 |
| 120,000 |
£4.5968 |
| 300,686 |
£4.615 |
The Notification of Dealing Forms can be found below. This announcement is made in accordance with the UK Market Abuse Regulation (Regulation (EU) 596/2014, as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018).
For enquiries, please contact:
Chris Taylor, Group Company Secretary
Tesco PLC
Tesco House
Shire Park
Kestrel Way
Welwyn Garden City
Hertfordshire
AL7 1GA
Email: [email protected]
LEI Number: 2138002P5RNKC5W2JZ46
| 1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
| a) |
Name |
Ashwin Prasad |
|
| 2 |
Reason for the notification |
||
| a) |
Position/status |
UK 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 6 1/3 pence each
GB00BLGZ9862 |
|
| b) |
Nature of the transaction |
Release of shares awarded under the rules of the Tesco PLC Long-Term Incentive Plan 2021 |
|
| c) |
Currency |
GBP |
|
| d) |
Price(s) and volume(s) |
Price(s) £4.594 |
Volume(s) 271,709 |
| e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
271,709
£4.594
£1,248,231.15 |
|
| f) |
Date of the transaction |
2025-10-31 |
|
| 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 |
UK 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 6 1/3 pence each
GB00BLGZ9862 |
|||
| b) |
Nature of the transaction |
Sale of Ordinary shares |
|||
| c) |
Currency |
GBP |
|
||
| d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
||
| £4.621 |
144,005 |
||||
| £4.5968 |
120,000 |
||||
| £4.615 |
300,686 |
||||
| e) |
Aggregated information |
|
|
|
|
| - Aggregated volume |
144,005 |
120,000 |
300,686 |
||
| - Aggregated Price |
£4.621 |
£4.5968 |
£4.615 |
||
| - Aggregated Total |
£665,447.10 |
£551,616.00 |
£1,387,665.89 |
||
| f) |
Date of the transaction |
2025-10-31 |
|||
| g) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
|||