Company Announcements

Director/PDMR Shareholding - Replacement

Source: RNS
RNS Number : 0669R
Tesco PLC
01 July 2022
 

PDMR SHAREHOLDING

1 July 2022

 

Tesco PLC (the "Company")

 

CORRECTION - DIRECTOR/PDMR SHAREHOLDING

 

The Company announces a correction to the 'Director/PDMR Shareholding' announcement released on 27 June 2022 under RNS Number: 3669Q (the "Announcement").  The number of shares acquired by Stewart and Michelle Gilliland as a result of their participation in the Company's Dividend Reinvestment Plan ("DRIP") through a nominee service was incorrect.   The Announcement stated the number of shares acquired was 891 shares and 594 shares* but the correct number of shares acquired was 877 shares and 584 shares*. All other details were correct. The full amended text is shown below.

 

 

 

 

1.    Grant of Awards under the Tesco PLC Long-Term Incentive Plan 2021 (the "LTIP")

 

On 24 June 2022, the Executive Directors and 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 LTIP.

 

PDMR

Number of Shares subject to award

Ken Murphy

1,521,455

Imran Nawaz

731,462

Natasha Adams

473,446

Alessandra Bellini

527,555

Guus Dekkers

477,955

Christine Heffernan

306,613

Gerry Mallon

270,517

Adrian Morris

473,446

Ashwin Prasad

450,901

Matt Simister

482,464

Jason Tarry

631,262

Emma Taylor

360,721

Andrew Yaxley

532,064

 

The above awards have been made in the form of conditional shares which will vest on 24 June 2025 subject to the achievement of the Earnings Per Share, Free Cash Flow and ESG performance targets over the performance period, as outlined in the Directors' Remuneration Report of the Tesco PLC Annual Report and Financial Statements 2022. 

 

For the awards to Ken Murphy and Imran Nawaz, the vested shares will be subject to a post-vesting holding period of two years from the vesting date.

 

Except for the award to Gerry Mallon, the numbers of shares have been calculated using a market price of 249.5 pence per share.  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.

 

For CRDV banking regulatory purposes, the number of shares awarded to Gerry Mallon will not be increased to reflect any dividends paid to shareholders in the period between the grant and release of conditional shares.  However, a discount has been applied to the market price of 249.5 pence per share when calculating the number of shares under Gerry's award to reflect the absence of dividend equivalents during the vesting period.

 

 

2. Tesco PLC Share Incentive Plan (the "Plan")

The Company has been notified that on 24 June 2022, the Trustees of the Plan purchased Ordinary shares of 6⅓ 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

Ken Murphy

15

£2.53374

24 June 2022

Guus Dekkers

85

£2.53374

24 June 2022

Adrian Morris

285

£2.53374

24 June 2022

Ashwin Prasad

119

£2.53374

24 June 2022

Matthew Simister

249

£2.53374

24 June 2022

Jason Tarry

903

£2.53374

24 June 2022

Emma Taylor

227

£2.53374

24 June 2022

Andrew Yaxley

440

£2.53374

24 June 2022

 

3. Dividend Reinvestment Plan ("DRIP")  

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

1,395

£2.53374

24 June 2022

Imran Nawaz

8,727

£2.53374

24 June 2022

Natasha Adams

8,645

£2.53374

24 June 2022

Guus Dekkers

1,725

£2.53374

24 June 2022

Christine Heffernan

2,703

£2.53374

24 June 2022

Gerry Mallon

1,632

£2.53374

24 June 2022

Jason Tarry

5,244

£2.53374

24 June 2022

Emma Taylor

5,747

£2.53374

24 June 2022

Stewart Gilliland

877

£2.53

24 June 2022

584*

£2.53

24 June 2022

 

* Shares held in the joint names of Stewart Gilliland and his wife, Michelle Gilliland.

 

 

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:

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 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 6 1/3 pence each

 

 

GB00BLGZ9862 

b)

Nature of the transaction

Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.495

Volume(s)

1,521,455

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

1,521,455

£2.495

£3,796,030.23

f)

Date of the transaction

2022-06-24

g)

Place of the transaction

Outside a trading venue



 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Imran Nawaz

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 6 1/3 pence each

 

 

GB00BLGZ9862 

b)

Nature of the transaction

Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.495

Volume(s)

731,462

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

731,462

£2.495

£1,824,997.69

f)

Date of the transaction

2022-06-24

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

CEO, 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 6 1/3 pence each

 

 

GB00BLGZ9862 

b)

Nature of the transaction

Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.495

Volume(s)

473,446

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

473,446

£2.495

£1,181,247.77

f)

Date of the transaction

2022-06-24

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 6 1/3 pence each

 

 

GB00BLGZ9862 

b)

Nature of the transaction

Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.495

Volume(s)

527,555

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

527,555

£2.495

£1,316,249.73

f)

Date of the transaction

2022-06-24

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 instrument, type of instrument

 

Identification code

 

Ordinary shares of 6 1/3 pence each

 

 

GB00BLGZ9862 

b)

Nature of the transaction

Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.495

Volume(s)

477,955

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

477,955

£2.495

£1,192,497.73

f)

Date of the transaction

2022-06-24

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 6 1/3 pence each

 

 

GB00BLGZ9862 

b)

Nature of the transaction

Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.495

Volume(s)

306,613

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

306,613

£2.495

£764,999.44

f)

Date of the transaction

2022-06-24

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 6 1/3 pence each

 

 

GB00BLGZ9862 

b)

Nature of the transaction

Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.495

Volume(s)

270,517

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

270,517

£2.495

£674,939.92

f)

Date of the transaction

2022-06-24

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 6 1/3 pence each

 

 

GB00BLGZ9862 

b)

Nature of the transaction

Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.495

Volume(s)

473,446

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

473,446

£2.495

£1,181,247.77

f)

Date of the transaction

2022-06-24

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 instrument, type of instrument

 

Identification code

 

Ordinary shares of 6 1/3 pence each

 

 

GB00BLGZ9862 

b)

Nature of the transaction

Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.495

Volume(s)

450,901

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

450,901

£2.495

£1,124,998.00

f)

Date of the transaction

2022-06-24

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 6 1/3 pence each

 

 

GB00BLGZ9862 

b)

Nature of the transaction

Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.495

Volume(s)

482,464

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

482,464

£2.495

£1,203,747.68

f)

Date of the transaction

2022-06-24

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 6 1/3 pence each

 

 

GB00BLGZ9862 

b)

Nature of the transaction

Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.495

Volume(s)

631,262

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

631,262

£2.495

£1,574,998.69

f)

Date of the transaction

2022-06-24

g)

Place of the transaction

Outside a trading venue



 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Emma Taylor

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 6 1/3 pence each

 

 

GB00BLGZ9862 

b)

Nature of the transaction

Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.495

Volume(s)

360,721

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

360,721

£2.495

£899,998.90

f)

Date of the transaction

2022-06-24

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 instrument, type of instrument

 

Identification code

 

Ordinary shares of 6 1/3 pence each

 

 

GB00BLGZ9862 

b)

Nature of the transaction

Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.495

Volume(s)

532,064

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

532,064

£2.495

£1,327,499.68

f)

Date of the transaction

2022-06-24

g)

Place of the transaction

Outside a trading venue

 



 

 

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 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 6⅓ pence each

 

 

 

GB0008847096

 

b)

Nature of the transaction

The acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan (SIP DRIP) and the Company's Dividend Reinvestment Plan (DRIP).

 

c)

Currency

GBP


 

d)

Price(s) and volume(s)

Price(s)

£2.53374

Volume(s)

15 (SIP DRIP)

 

£2.53374

1,395 (DRIP)

 

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

SIP DRIP

15

£2.53374

£38.01

DRIP

1,395

£2.53374

£3,534.57

f)

Date of the transaction

2022-06-24

 

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Imran Nawaz

2

Reason for the notification

a)

Position/status

Group 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 6⅓ pence each

 

 

 

GB0008847096

b)

Nature of the transaction

The acquisition of shares through the Company's Dividend Reinvestment Plan.

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.53374

Volume(s)

8,727

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

8,727

£2.53374

£22,111.95

f)

Date of the transaction

2022-06-24

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

CEO, 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 6⅓ pence each

 

 

 

GB0008847096

b)

Nature of the transaction

The acquisition of shares through the Company's Dividend Reinvestment Plan.

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.53374

Volume(s)

8,645

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

8,645

£2.53374

£21,904.18

f)

Date of the transaction

2022-06-24

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

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 instrument, type of instrument

 

Identification code

 

Ordinary shares of 6⅓ pence each

 

 

 

GB0008847096

 

b)

Nature of the transaction

The acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan (SIP DRIP) and the Company's Dividend Reinvestment Plan (DRIP).

 

c)

Currency

GBP


 

d)

Price(s) and volume(s)

Price(s)

£2.53374

Volume(s)

85 (SIP DRIP)

 

£2.53374

1,725 (DRIP)

 

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

SIP DRIP

85

£2.53374

£215.37

DRIP

1,725

£2.53374

£4,370.70

f)

Date of the transaction

2022-06-24

 

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

 

Details of the person discharging managerial responsibilities/person closely associated

Name

Christine Heffernan

Reason for the notification

Position/status

Group Communications Director

Initial notification /Amendment

Initial Notification

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

Name

Tesco PLC 

Legal Entity Identifier

2138002P5RNKC5W2JZ46

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

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 6⅓ pence each

 

 

 

GB0008847096

Nature of the transaction

The acquisition of shares through the Company's Dividend Reinvestment Plan.

Currency

GBP


Price(s) and volume(s)

Price(s)

£2.53374

Volume(s)

2,703

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

2,703

£2.53374

£6,848.70

Date of the transaction

2022-06-24

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

Details of the person discharging managerial responsibilities/person closely associated

Name

Adrian Morris

Reason for the notification

Position/status

Group General Counsel

Initial notification /Amendment

Initial Notification

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

Name

Tesco PLC 

Legal Entity Identifier

2138002P5RNKC5W2JZ46

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

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 6⅓ pence each

 

 

 

GB0008847096

Nature of the transaction

The acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan.

Currency

GBP


Price(s) and volume(s)

Price(s)

£2.53374

Volume(s)

285

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

285

£2.53374

£722.12

Date of the transaction

2022-06-24

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

Details of the person discharging managerial responsibilities/person closely associated

Name

Ashwin Prasad

Reason for the notification

Position/status

Chief Product Officer

Initial notification /Amendment

Initial Notification

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

Name

Tesco PLC 

Legal Entity Identifier

2138002P5RNKC5W2JZ46

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

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 6⅓ pence each

 

 

 

GB0008847096

Nature of the transaction

The acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan.

Currency

GBP


Price(s) and volume(s)

Price(s)

£2.53374

Volume(s)

119

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

119

£2.53374

£301.52

Date of the transaction

2022-06-24

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

Details of the person discharging managerial responsibilities/person closely associated

Name

Matthew Simister

Reason for the notification

Position/status

Central Europe CEO

Initial notification /Amendment

Initial Notification

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

Name

Tesco PLC 

Legal Entity Identifier

2138002P5RNKC5W2JZ46

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

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 6⅓ pence each

 

 

 

GB0008847096

Nature of the transaction

The acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan.

Currency

GBP


Price(s) and volume(s)

Price(s)

£2.53374

Volume(s)

249

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

249

£2.53374

£630.90

Date of the transaction

2022-06-24

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 6⅓ pence each

 

 

 

GB0008847096

 

b)

Nature of the transaction

The acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan (SIP DRIP) and the Company's Dividend Reinvestment Plan (DRIP).

 

c)

Currency

GBP


 

d)

Price(s) and volume(s)

Price(s)

£2.53374

Volume(s)

903 (SIP DRIP)

 

£2.53374

5,244 (DRIP)

 

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

SIP DRIP

903

£2.53374

£2,287.97

DRIP

5,244

£2.53374

£13,286.93

f)

Date of the transaction

2022-06-24

 

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

 

Details of the person discharging managerial responsibilities/person closely associated

Name

Gerry Mallon

Reason for the notification

Position/status

Chief Executive, Tesco Bank

Initial notification /Amendment

Initial Notification

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

Name

Tesco PLC 

Legal Entity Identifier

2138002P5RNKC5W2JZ46

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

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 6⅓ pence each

 

 

 

GB0008847096

Nature of the transaction

The acquisition of shares through the Company's Dividend Reinvestment Plan.

Currency

GBP


Price(s) and volume(s)

Price(s)

£2.53374

Volume(s)

1,632

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

1,632

£2.53374

£4,135.06

Date of the transaction

2022-06-24

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Emma Taylor

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 6⅓ pence each

 

 

 

GB0008847096

b)

Nature of the transaction

The acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan (SIP DRIP) and the Company's Dividend Reinvestment Plan (DRIP).

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£2.53374

Volume(s)

227 (SIP DRIP)


£2.53374

5,747 (DRIP)

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

SIP DRIP

227

£2.53374

£575.16

DRIP

5,747

£2.53374

£14,561.40

f)

Date of the transaction

2022-06-24

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

Details of the person discharging managerial responsibilities/person closely associated

Name

Andrew Yaxley

Reason for the notification

Position/status

CEO Booker

Initial notification /Amendment

Initial Notification

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

Name

Tesco PLC 

Legal Entity Identifier

2138002P5RNKC5W2JZ46

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

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 6⅓ pence each

 

 

 

GB0008847096

Nature of the transaction

The acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan.

Currency

GBP


Price(s) and volume(s)

Price(s)

£2.53374

Volume(s)

440

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

440

£2.53374

£1,114.85

Date of the transaction

2022-06-24

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

Details of the person discharging managerial responsibilities/person closely associated

Name

Stewart Gilliland

Michelle Gilliland (person closely associated with Stewart Gilliland)

Reason for the notification

Position/status

Non-executive Director

Initial notification /Amendment

Initial Notification

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

Name

Tesco PLC 

Legal Entity Identifier

2138002P5RNKC5W2JZ46

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

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 6⅓ pence each

 

 

 

GB0008847096

Nature of the transaction

The acquisition of shares through the Company's Dividend Reinvestment Plan.

Currency

GBP


Price(s) and volume(s)


Price(s)

Volume(s)

Stewart Gilliland

£2.53

877

Stewart and Michelle Gilliland

£2.53

584

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

Stewart Gilliland

877

£2.53

£2,218.81

Stewart and Michelle Gilliland

584

£2.53

£1,477.52

Date of the transaction

2022-06-24

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

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