REG - Tesco PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">TSCO.L</Origin>
RNS Number : 6049ITesco PLC20 June 2017TESCO PLC PERFORMANCE SHARE PLAN 2011
PDMR SHAREHOLDING
20 June 2017
Tesco PLC (the "Company")
On 19 June 2017, Matthew Simister and Jason Tarry, members of the Company's Executive Committee, received the following Ordinary shares of 5 pence each in Tesco PLC upon their release from awards granted under the rules of the Tesco PLC Performance Share Plan 2011 on 6 May 2014:
Name of PDMR
Number of shares
Matthew Simister
16,167
Jason Tarry
43,881
These represent 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 and the net shares have been transferred to the PDMRs.
The share price on release was 171.05 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: 07793 222569
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
Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan
c)
Currency
GBP
d)
Price(s) and volume(s)
Price(s)
1.7105
Volume(s)
16,167
e)
Aggregated information
- Aggregated volume
- Aggregated Price
- Aggregated Total
16,167
1.7105
27,653.65
f)
Date of the transaction
2017-06-19
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
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 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
c)
Currency
GBP
d)
Price(s) and volume(s)
Price(s)
1.7105
Volume(s)
43,881
e)
Aggregated information
- Aggregated volume
- Aggregated Price
- Aggregated Total
43,881
1.7105
75,058.45
f)
Date of the transaction
2017-06-19
g)
Place of the transaction
Outside a trading venue
This information is provided by RNSThe company news service from the London Stock ExchangeENDDSHBBLFLDQFLBBK
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