REG - Tesco PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">TSCO.L</Origin>
RNS Number : 6088XTesco PLC27 November 2017Director/PDMR Shareholding
27 November 2017
Tesco PLC (the "Company") announces that it has been notified of the following transactions in the Company's Ordinary shares of 5 pence each undertaken by Directors / Persons Discharging Managerial Responsibility ("PDMR").
1. Dividend Reinvestment Plan ("DRIP")
On 24 November 2017, 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.
Name of PDMR
Number of shares
Price per share
Date acquired
Mikael Olsson
101
1.9428
24 November 2017
Dave Lewis
509
1.9428
24 November 2017
Bernard Higgins
117
1.9428
24 November 2017
Adrian Morris
223
1.9428
24 November 2017
Matthew Simister
293
1.9428
24 November 2017
Jason Tarry
236
1.9428
24 November 2017
2. Tesco PLC Share Incentive Plan (the "Plan")
On 24 November 2017, the Trustees of the Plan purchased Ordinary shares of 5 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
Dave Lewis
13
1.9428
24 November 2017
Alan Stewart
12
1.9428
24 November 2017
Bernard Higgins
30
1.9428
24 November 2017
Antony Hoggett
74
1.9428
24 November 2017
Alison Horner
37
1.9428
24 November 2017
Adrian Morris
26
1.9428
24 November 2017
Matthew Simister
36
1.9428
24 November 2017
Jason Tarry
116
1.9428
24 November 2017
The Notification of Dealing Form for each PDMR 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
Mikael Olsson
2
Reason for the notification
a)
Position/status
Director (Non-executive 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 5 pence each
GB0008847096
b)
Nature of the transaction
Acquisition of shares through the Company's Dividend Reinvestment Plan.
c)
Currency
GBP
d)
Price(s) and volume(s)
Price(s)
Volume(s)
1.9428
101
e)
Aggregated information
- Aggregated volume
- Aggregated Price
- Aggregated Total
101
1.9428
196.22
f)
Date of the transaction
2017-11-24
g)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Dave Lewis
2
Reason for the notification
a)
Position/status
Group Chief Executive
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
Acquisition of shares through the Company's Dividend Reinvestment Plan and the dividend re-investment element of the Tesco PLC Share Incentive Plan.
c)
Currency
GBP
d)
Price(s) and volume(s)
Price(s)
Volume(s)
1.9428
509 (Dividend Reinvestment Plan)
1.9428
13 (Share Incentive Plan)
e)
Aggregated information
- Aggregated volume
- Aggregated Price
- Aggregated Total
Dividend Reinvestment Plan
509
1.9428
988.89
Share Incentive Plan
13
1.9428
25.26
f)
Date of the transaction
2017-11-24
g)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Alan Stewart
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 5 pence each
GB0008847096
b)
Nature of the transaction
Acquisition of shares through the dividend re-investment scheme of the Tesco PLC Share Incentive Plan.
c)
Currency
GBP
d)
Price(s) and volume(s)
Price(s)
Volume(s)
1.9428
12 (Share Incentive Plan)
e)
Aggregated information
- Aggregated volume
- Aggregated Price
- Aggregated Total
Share Incentive Plan
12
1.9428
23.31
f)
Date of the transaction
2017-11-24
g)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Bernard Higgins
2
Reason for the notification
a)
Position/status
CEO, Tesco Bank and Group Strategy 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 5 pence each
GB0008847096
b)
Nature of the transaction
Acquisition of shares through the Company's Dividend Reinvestment Plan and the dividend re-investment element of the Tesco PLC Share Incentive Plan.
c)
Currency
GBP
d)
Price(s) and volume(s)
Price(s)
Volume(s)
1.9428
117 (Dividend Reinvestment Plan)
1.9428
30 (Share Incentive Plan)
e)
Aggregated information
- Aggregated volume
- Aggregated Price
- Aggregated Total
Dividend Reinvestment Plan
117
1.9428
227.31
Share Incentive Plan
30
1.9428
58.28
f)
Date of the transaction
2017-11-24
g)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
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 5 pence each
GB0008847096
b)
Nature of the transaction
Acquisition of shares through the Company's Dividend Reinvestment Plan and the dividend re-investment element of the Tesco PLC Share Incentive Plan.
c)
Currency
GBP
d)
Price(s) and volume(s)
Price(s)
Volume(s)
1.9428
223 (Dividend Reinvestment Plan)
1.9428
26 (Share Incentive Plan)
e)
Aggregated information
- Aggregated volume
- Aggregated Price
- Aggregated Total
Dividend Reinvestment Plan
223
1.9428
433.24
Share Incentive Plan
26
1.9428
50.51
f)
Date of the transaction
2017-11-24
g)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
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
Acquisition of shares through the Company's Dividend Reinvestment Plan and the dividend re-investment element of the Tesco PLC Share Incentive Plan.
c)
Currency
GBP
d)
Price(s) and volume(s)
Price(s)
Volume(s)
1.9428
293 (Dividend Reinvestment Plan)
1.9428
36 (Share Incentive Plan)
e)
Aggregated information
- Aggregated volume
- Aggregated Price
- Aggregated Total
Dividend Reinvestment Plan
293
1.9428
569.24
Share Incentive Plan
36
1.9428
69.94
f)
Date of the transaction
2017-11-24
g)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
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
Acquisition of shares through the Company's Dividend Reinvestment Plan and the dividend re-investment element of the Tesco PLC Share Incentive Plan.
c)
Currency
GBP
d)
Price(s) and volume(s)
Price(s)
Volume(s)
1.9428
236 (Dividend Reinvestment Plan)
1.9428
116 (Share Incentive Plan)
e)
Aggregated information
- Aggregated volume
- Aggregated Price
- Aggregated Total
Dividend Reinvestment Plan
236
1.9428
458.50
Share Incentive Plan
116
1.9428
225.36
f)
Date of the transaction
2017-11-24
g)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Antony Hoggett
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 instrument, type of instrument
Identification code
Ordinary shares of 5 pence each
GB0008847096
b)
Nature of the transaction
Acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan.
c)
Currency
GBP
d)
Price(s) and volume(s)
Price(s)
Volume(s)
1.9428
74 (Share Incentive Plan)
e)
Aggregated information
- Aggregated volume
- Aggregated Price
- Aggregated Total
Share Incentive Plan
74
1.9428
143.77
f)
Date of the transaction
2017-11-24
g)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Alison Horner
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 5 pence each
GB0008847096
b)
Nature of the transaction
Acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan.
c)
Currency
GBP
d)
Price(s) and volume(s)
Price(s)
Volume(s)
1.9428
37 (Share Incentive Plan)
e)
Aggregated information
- Aggregated volume
- Aggregated Price
- Aggregated Total
Share Incentive Plan
37
1.9428
71.88
f)
Date of the transaction
2017-11-24
g)
Place of the transaction
London Stock Exchange, Main Market (XLON)
This information is provided by RNSThe company news service from the London Stock ExchangeENDDSHFDLFLDFFEFBZ
Recent news on Tesco
See all newsREG - Tesco PLC - Director/PDMR Shareholding
AnnouncementREG - Tesco PLC - Director/PDMR Shareholding
AnnouncementREG - Tesco PLC - Director/PDMR Shareholding
AnnouncementREG - Tesco PLC - Total Voting Rights
AnnouncementREG - Tesco PLC - Director/PDMR Shareholding
Announcement