Tesco PLC Director/PDMR Shareholding

Date : 10/10/2019 @ 10:00AM
Source : UK Regulatory (RNS & others)
Stock : Tesco Plc (TSCO)
Quote : 230.2  -2.4 (-1.03%) @ 8:52AM
Tesco share price Chart

Tesco PLC Director/PDMR Shareholding

Tesco (LSE:TSCO)
Historical Stock Chart

2 Months : From Sep 2019 to Nov 2019

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RNS Number : 3332P

Tesco PLC

10 October 2019

PDMR SHAREHOLDING

10 October 2019

Tesco PLC (the "Company")

Grant of Awards under the Tesco PLC Performance Share Plan 2011 (the "PSP")

On 9 October 2019, 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 PSP, the number of shares being calculated using a market price of 236.06 pence per share.

 
 PDMR                  Number of Shares 
                        subject to award 
 Natasha Adams              182,157 
 Alessandra Bellini         207,574 
 Christine Heffernan        105,905 
 Tony Hoggett               264,763 
 Alison Horner              214,987 
 Adrian Morris              202,632 
 Matt Simister              211,810 
 Jason Tarry                268,999 
 Charles Wilson             243,582 
 Andrew Yaxley              211,810 
 

The above awards have been made in the form of conditional shares which will vest on 9 October 2021 subject to the achievement of personal performance conditions over the vesting period.

For any dividends paid in the period between the grant and vesting of the 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 Notification of Dealing Forms 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                                  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          Ordinary shares of 5 pence each 
      instrument, type of instrument 
 
      Identification code                    GB0008847096 
 b)   Nature of the transaction             Grant of conditional shares under the rules of the Tesco PLC Performance 
                                            Share Plan 2011 
     ------------------------------------ 
 c)   Currency                              GBP 
     ------------------------------------  ------------------------------------  ------------------------------------- 
 d)   Price(s) and volume(s)                Price(s)                              Volume(s) 
                                             GBP2.3606                             182,157 
---  ------------------------------------  ------------------------------------  ------------------------------------- 
 e)   Aggregated information 
       - Aggregated volume                    182,157 
       - Aggregated Price                     GBP2.3606 
       - Aggregated Total                     GBP429,999.81 
 f)   Date of the transaction               2019-10-09 
===  ==================================== 
 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          Ordinary shares of 5 pence each 
      instrument, type of instrument 
 
      Identification code                    GB0008847096 
 b)   Nature of the transaction             Grant of conditional shares under the rules of the Tesco PLC Performance 
                                            Share Plan 2011 
     ------------------------------------ 
 c)   Currency                              GBP 
     ------------------------------------  ------------------------------------  ------------------------------------- 
 d)   Price(s) and volume(s)                Price(s)                              Volume(s) 
                                             GBP2.3606                             207,574 
---  ------------------------------------  ------------------------------------  ------------------------------------- 
 e)   Aggregated information 
       - Aggregated volume                    207,574 
       - Aggregated Price                     GBP2.3606 
       - Aggregated Total                     GBP489,999.18 
 f)   Date of the transaction               2019-10-09 
===  ==================================== 
 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          Ordinary shares of 5 pence each 
      instrument, type of instrument 
 
      Identification code                    GB0008847096 
 b)   Nature of the transaction             Grant of conditional shares under the rules of the Tesco PLC Performance 
                                            Share Plan 2011 
     ------------------------------------ 
 c)   Currency                              GBP 
     ------------------------------------  ------------------------------------  ------------------------------------- 
 d)   Price(s) and volume(s)                Price(s)                              Volume(s) 
                                             GBP2.3606                             105,905 
---  ------------------------------------  ------------------------------------  ------------------------------------- 
 e)   Aggregated information 
       - Aggregated volume                    105,905 
       - Aggregated Price                     GBP2.3606 
       - Aggregated Total                     GBP249,999.34 
 f)   Date of the transaction               2019-10-09 
===  ==================================== 
 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          Ordinary shares of 5 pence each 
      instrument, type of instrument 
 
      Identification code                    GB0008847096 
 b)   Nature of the transaction             Grant of conditional shares under the rules of the Tesco PLC Performance 
                                            Share Plan 2011 
     ------------------------------------ 
 c)   Currency                              GBP 
     ------------------------------------  ------------------------------------  ------------------------------------- 
 d)   Price(s) and volume(s)                Price(s)                              Volume(s) 
                                             GBP2.3606                             264,763 
---  ------------------------------------  ------------------------------------  ------------------------------------- 
 e)   Aggregated information 
       - Aggregated volume                    264,763 
       - Aggregated Price                     GBP2.3606 
       - Aggregated Total                     GBP624,999.54 
 f)   Date of the transaction               2019-10-09 
===  ==================================== 
 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          Ordinary shares of 5 pence each 
      instrument, type of instrument 
 
      Identification code                    GB0008847096 
 b)   Nature of the transaction             Grant of conditional shares under the rules of the Tesco PLC Performance 
                                            Share Plan 2011 
     ------------------------------------ 
 c)   Currency                              GBP 
     ------------------------------------  ------------------------------------  ------------------------------------- 
 d)   Price(s) and volume(s)                Price(s)                              Volume(s) 
                                             GBP2.3606                             214,987 
---  ------------------------------------  ------------------------------------  ------------------------------------- 
 e)   Aggregated information 
       - Aggregated volume                    214,987 
       - Aggregated Price                     GBP2.3606 
       - Aggregated Total                     GBP507,498.31 
 f)   Date of the transaction               2019-10-09 
===  ==================================== 
 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          Ordinary shares of 5 pence each 
      instrument, type of instrument 
 
      Identification code                    GB0008847096 
 b)   Nature of the transaction             Grant of conditional shares under the rules of the Tesco PLC Performance 
                                            Share Plan 2011 
     ------------------------------------ 
 c)   Currency                              GBP 
     ------------------------------------  ------------------------------------  ------------------------------------- 
 d)   Price(s) and volume(s)                Price(s)                              Volume(s) 
                                             GBP2.3606                             202,632 
---  ------------------------------------  ------------------------------------  ------------------------------------- 
 e)   Aggregated information 
       - Aggregated volume                    202,632 
       - Aggregated Price                     GBP2.3606 
       - Aggregated Total                     GBP478,333.10 
 f)   Date of the transaction               2019-10-09 
===  ==================================== 
 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          Ordinary shares of 5 pence each 
      instrument, type of instrument 
 
      Identification code                    GB0008847096 
 b)   Nature of the transaction             Grant of conditional shares under the rules of the Tesco PLC Performance 
                                            Share Plan 2011 
     ------------------------------------ 
 c)   Currency                              GBP 
     ------------------------------------  ------------------------------------  ------------------------------------- 
 d)   Price(s) and volume(s)                Price(s)                              Volume(s) 
                                             GBP2.3606                             211,810 
---  ------------------------------------  ------------------------------------  ------------------------------------- 
 e)   Aggregated information 
       - Aggregated volume                    211,810 
       - Aggregated Price                     GBP2.3606 
       - Aggregated Total                     GBP499,998.69 
 f)   Date of the transaction               2019-10-09 
===  ==================================== 
 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          Ordinary shares of 5 pence each 
      instrument, type of instrument 
 
      Identification code                    GB0008847096 
 b)   Nature of the transaction             Grant of conditional shares under the rules of the Tesco PLC Performance 
                                            Share Plan 2011 
     ------------------------------------ 
 c)   Currency                              GBP 
     ------------------------------------  ------------------------------------  ------------------------------------- 
 d)   Price(s) and volume(s)                Price(s)                              Volume(s) 
                                             GBP2.3606                             268,999 
---  ------------------------------------  ------------------------------------  ------------------------------------- 
 e)   Aggregated information 
       - Aggregated volume                    268,999 
       - Aggregated Price                     GBP2.3606 
       - Aggregated Total                     GBP634,999.04 
 f)   Date of the transaction               2019-10-09 
     ==================================== 
 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          Ordinary shares of 5 pence each 
      instrument, type of instrument 
 
      Identification code                    GB0008847096 
 b)   Nature of the transaction             Grant of conditional shares under the rules of the Tesco PLC Performance 
                                            Share Plan 2011 
     ------------------------------------ 
 c)   Currency                              GBP 
     ------------------------------------  ------------------------------------  ------------------------------------- 
 d)   Price(s) and volume(s)                Price(s)                              Volume(s) 
                                             GBP2.3606                             243,582 
---  ------------------------------------  ------------------------------------  ------------------------------------- 
 e)   Aggregated information 
       - Aggregated volume                    243,582 
       - Aggregated Price                     GBP2.3606 
       - Aggregated Total                     GBP574,999.67 
 f)   Date of the transaction               2019-10-09 
     ==================================== 
 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          Ordinary shares of 5 pence each 
      instrument, type of instrument 
 
      Identification code                    GB0008847096 
 b)   Nature of the transaction             Grant of conditional shares under the rules of the Tesco PLC Performance 
                                            Share Plan 2011 
     ------------------------------------ 
 c)   Currency                              GBP 
     ------------------------------------  ------------------------------------  ------------------------------------- 
 d)   Price(s) and volume(s)                Price(s)                              Volume(s) 
                                             GBP2.3606                             211,810 
---  ------------------------------------  ------------------------------------  ------------------------------------- 
 e)   Aggregated information 
       - Aggregated volume                    211,810 
       - Aggregated Price                     GBP2.3606 
       - Aggregated Total                     GBP499,998.69 
 f)   Date of the transaction               2019-10-09 
     ==================================== 
 g)   Place of the transaction              Outside a trading venue 
     ------------------------------------  =========================================================================== 
 

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 rns@lseg.com or visit www.rns.com.

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