Tesco PLC Director/PDMR Shareholding (9444G)
August 11 2016 - 6:31AM
UK Regulatory
TIDMTSCO
RNS Number : 9444G
Tesco PLC
11 August 2016
TESCO PLC PERFORMANCE SHARE PLAN 2011
11 August 2016
PDMR SHAREHOLDING
On 10 August 2016, Jason Tarry received 76,856 Ordinary shares
of 5 pence each in Tesco PLC upon their release from an award
granted under the rules of the Tesco PLC Performance Share Plan
2011 on 10 January 2014.
This represents the gross number of shares released including
dividend equivalent shares which have accrued between grant and
vesting. A proportion of the shares released have been withheld to
cover Income Tax and National Insurance Contributions due on
release.
The share price on release was 158.9 pence per share.
The Notification of Dealing Form 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: 01707 912985
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Jason Tarry
=== ------------------------------------ ===========================================================================
2 Reason for the notification
a) Position/status Chief Product Officer
=== ==================================== ===========================================================================
b) Initial notification /Amendment Initial Notification
------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
=== =================================================================================================================
a) Name Tesco PLC
====================================
b) Legal Entity Identifier 2138002P5RNKC5W2JZ46
=== ------------------------------------ ===========================================================================
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the financial Ordinary shares of 5 pence each
instrument, type of instrument
Identification code GB0008847096
=== ------------------------------------ ===========================================================================
b) Nature of the transaction Release of shares from an award granted under the rules of the Tesco PLC
Performance Share
Plan 2011 on 10 January 2014
------------------------------------
c) Currency GBP
=== ------------------------------------ ------------------------------------ -------------------------------------
d) Price(s) and volume(s) Price(s) Volume(s)
GBP1.589 76,856
--- ------------------------------------ ------------------------------------ -------------------------------------
e) Aggregated information
- Aggregated volume 76,856
- Aggregated Price
- Aggregated Total GBP1.589
GBP122,124.18
---
f) Date of the transaction 2016-08-10
--- ==================================== ===========================================================================
g) Place of the transaction Outside a trading venue
--- ------------------------------------ ===========================================================================
This information is provided by RNS
The company news service from the London Stock Exchange
END
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